October 21, 2021

PTTEP axes four Cayman subsidiaries

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From Bangkok Post Firm cites unviable operations as reason PTT Exploration and Production Plc (PTTEP), Thailand’s sole publicly listed explorer, has shut down four subsidiaries registered in the Cayman Islands after public comments that their establishment was intended to avoid tax payments. President and chief executive Tevin Vongvanich said yesterday the company closed down the […]

Indian and Chinese migrants make up nearly one per cent of the world’s population

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By Sahil Bhalla From Scroll.in The United States and Malaysia have the greatest number of expatriate Indians. The largest number of Indian migrants are found in the US, followed by Malaysia, while for the Chinese, the top two host countries are Indonesia and Thailand. Indian migrants include non-resident Indians and holders of persons of Indian […]

Paper firms in tax havens up 60 pct.

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By Yoon Ja-young From the Korea Times Conglomerates are increasingly setting up paper companies in tax havens such as the Cayman Islands, stirring controversy that they may be aiming at creating secret funds or avoiding paying taxes. The number of such companies in these havens increased 60 percent last year. According to an analysis of […]

The flight from Hell

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By Adam Uren From This is Money Daily Mail UK Four-day return home from Caribbean after fault that the PILOT says ‘would have led to a watery grave’ Flight MON368 from Tobago took nearly four days to reach Gatwick after suffering mechanical failures Plane forced into emergency landing in Barbados after pilot reported smoke and […]

Slavery on Thailand’s trawlers

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Forced to fish: Slavery on Thailand’s trawlers By Becky Palmstrom BBC News, Thailand Becky Palmstrom investigated the murky world of human trafficking in Thailand’s fishing industry Thailand is the third largest exporter of seafood in the world, supplying supermarkets in Europe and America, but it’s accused of crewing fishing boats with Burmese and Cambodian men […]

Danish bull sperm making splash in Thailand

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By CW From Copenhagen Post 2,500 doses of Danish bull semen headed for Thai cows Denmark is well known for it ability to produce quality dairy products, bacon, green energy and pharmaceutical products. Now, you can officially add bull sperm to the list. Vikinggenetics, the Scandinavian-owned cattle-breeding company based in Randers, has garnered a massive […]