Video completion of motorcycle crashes in Thailand
Labels: Videos
Labels: Entertainment, Funny
This year, Thailand moved six places up the ranking from 19th position, thanks to recent reforms in registering property, protecting investors, trade and paying taxes.
These days, transferring property takes only two days and two procedures. Thailand also strengthened the rights of minority shareholders, making it easier to sue corporate directors, and introduced corporate income tax exemptions for small companies.
But significant obstacles to running a small business remain: starting a business takes 33 days, completing paperwork for taxes eats up 264 hours a year, and recovering debt from a bankrupt business takes nearly three years. The average recovery rate from an insolvent firm doesn't look good for creditors either, at 42.4 cents on the dollar.
Labels: Business, Good Thai News
CAT Telecom labor union which earlier planned to cut the country international circuit telecommunications gateway Wednesday afternoon in support of the demonstrators demanding for the ouster of the coalition government has postponed the decision until 9am Thursday.
The CAT Telecom labor union had said it would make a decision Wednesday afternoon whether or not to cut the international circuit telecommunication or gateway. Disconnecting the gateway would affect access to the Internet and international telephone services as well as financial transactions.
And for a rough overview of PAD (People's Alliance for Democracy), how's this: (wsj)
Mr. Sondhi and other PAD leaders are demanding the dismantling of Thailand's current system of parliamentary democracy. In its place, they want a new system of government in which elected politicians constitute no more than 30% of Parliament, with the rest of the governing body to be appointed by the military or other elite groups.
Labels: Bad Thai News