Thailand Offers Tax Deductions on R&D
Thailand has launched an online expense certification service to help businesses demonstrate they meet the qualifications necessary for a 200 percent research and development (R&D) tax deduction.
Volkswagen to Manufacture in Thailand
Volkswagen look set to establish their first manufacturing plant in Thailand as the country introduces new tax incentives to encourage foreign investment in the auto industry.
Thailand’s Political Crisis Makes Indonesia and the Philippines More Attractive for Foreign Investors
The protracted political crisis in Thailand has understandably unnerved foreign investors, who see no end in sight for the political stalemate. Meanwhile, Indonesia and the Philippines have become very attractive alternatives for investors considering pulling their investments out of Thailand.
Political Unrest Threatens Thailand’s Long-Term Prospects
While frequent political upheaval in Thailand has not significantly harmed overall economic stability, it has constrained Thailand’s long-term economic growth and development. By Shawn Greene Dec. 2 – More than three weeks after the Thai Senate rejected a highly controversial bill that would have provided amnesty for political offenses dating back to the 2006 coup, […]
Visa Applications and Work Permits in Thailand
Foreigners looking to work in Thailand need to apply for both a visa and work permit. The non-immigrant “B” visa is the appropriate visa for anyone looking to conduct business or investment activity within Thailand. There are three “B” visa options based on duration of stay.
Thailand’s Chiang Mai to become an ASEAN MICE Hub
Nov. 14 – The Thai province of Chiang Mai is working with the Thailand Convention and Exhibition Bureau in order to make the area a MICE city for Thailand and an industrial hub for the wider ASEAN region. The term MICE refers to meetings, incentive travels, conventions and exhibitions. Chiang Mai’s plan is made up […]
Thailand Auto Market Accelerates Into Overdrive
By Edward Barbour-Lacey Oct. 29 – Thailand is increasingly gaining a reputation as the “Detroit of the East,” in reference to the golden age of Detroit when it was the world’s automobile factory. Thailand is well on its way to becoming one of the most attractive places in the world to manufacture automobiles. One of […]
Cambodia Commences DTA Talks With Thailand
Cambodia, the only member of ASEAN not to have any bilateral tax treaties of its own, is moving forward to strike a double tax treaty with Thailand to better deal with increasing cross-border trade.
ASEAN-India Free Trade Area Part IV: Thailand, Singapore and Malaysia
In the fourth and final part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Thailand, Singapore and Malaysia.
Vietnam-Thailand to Boost Bilateral Trade
Bilateral trade to grow at 20 percent annually Dec. 4 – Vietnam and Thailand, both members of ASEAN, have agreed to boost bilateral trade and improve political and economic links, according to news reports issued by both countries. The two nations have long maintained strong strategic and diplomatic relations, however the new agreements provide better […]