March 07, 2023 This year, exports from Thailand are anticipated to decline in accordance with general economic trends. As global demand weakened, Thailand’s customs-based exports decreased for a fourth consecutive month and more than anticipated in January. Shipments are anticipated to decline even more in the first half of the Read More
March 7, 2023 Thailand’s cabinet on Tuesday agreed to waive corporate income tax and value-added tax for companies that issue digital tokens for investment, a government spokeswoman said. Companies will have access to alternative ways of raising capital through investment tokens in addition to traditional methods like debentures, Rachada Dhnadirek Read More
The Thai Board of Investment (BoI) on Tuesday revealed its strategies to lure businesses over the next 3-5 years. The agency said Bangkok will play a key role in convincing foreign investment and global… Read the full article on this link: https://www.bangkokpost.com/business/2506909/boi-unveils-new-strategies-to-attract-foreign-investors. © Bangkok Post PCL. All rights reserved.
September 20, 2022 The Thai cabinet decided to allow employees to reduce their financial contributions to the social security scheme from 5% of their salaries to 3% from October to December, according to Anucha Burapachaisri, deputy secretary-general for the Prime Minister. He said that the same contribution will also be Read More
September 23, 2022 Thailand remains attractive to foreign investors as borne out by investments of more than 80 billion baht in the country over the past eight months this year, up 66 per cent year on year, the Commerce Ministry said on Friday. Deputy Commerce Minister Sinit Lertkrai said 381 Read More
September 23, 2022 The National Innovation Agency (NIA) on Friday launched an ambitious plan to produce the next generation of innovators to boost Thailand’s development. The STEAM4Innovator Centre is a collaboration with Rajamangala University of Technology Lanna, King Mongkut’s University of Technology North Bangkok, Prince of Songkhla University, Yala Rajabhat Read More
WHAT IS LTR VISA Thailand is introducing a new visa called “Long-Term Resident (LTR) Visa” which is a program that provides a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for ‘high-potential’ foreigners. Today, Thailand is already home Read More
August 20, 2022 The Centre for Covid-19 Situation Administration (CCSA) has approved longer visas for foreign visitors to the country from Oct 1 until March 31 as part of efforts to revitalise the economy as the pandemic eases, the agency said on Friday. Those with regular visas will be able Read More
June 22, 2022 Foreign actors shooting movies in Thailand will be exempted from paying tax for the next five years in a bid to attract filmmakers to Thailand and boost the country’s soft power. Deputy government spokesperson Ratchada Thanadirek said the Cabinet approved the move on Tuesday. Income from foreign Read More
June 17, 2022 Thailand Pass registration and compulsory Covid-19 insurance will be lifted for all people arriving in Thailand from July 1, a senior government spokesman said on Friday. Taweesilp Visanuyothin, spokesman for the Centre for Covid-19 Situation Administration, said these decisions were made at a meeting of the CCSA Read More