The Philippine government has amended the rules on determining the fair market value of shares of stock, aiming to bring greater clarity and fairness to the taxation and trading of corporate shares. These amendments are expected to improve transparency, reduce tax evasion, and streamline the regulatory framework that governs stock valuation across various sectors. The […]
Yamaha Begins Golf Car Production in Thailand to Capture Growing Asian Market
Yamaha’s move to begin golf car production in Thailand is a calculated step to dominate the Asian market. By leveraging local production, Yamaha reduces costs, controls supply chains, and positions itself to exploit rising demand. The growing interest in golf across Asia, combined with Yamaha’s strategic production base, ensures market superiority. Expansion into non-golf sectors, […]
The Cost of Business in Thailand Compared with China
As global businesses continue to evaluate the best locations for operations, Thailand is emerging as a competitive alternative to China due to its lower costs and attractive business environment. While China has long been the go-to destination for manufacturing and investment, recent developments in labor costs, regulation, and geopolitics have caused many companies to reconsider […]