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Thailand: Market Profile

10 May 2017

The Thai economy expanded by 3.2% in 2016, surpassing 2.9% in the previous year, primarily due to strong growth of public investment and private consumption....Read More


THAILAND: 50% Cut in Corporate Tax Added to Incentives for Coastal Corridor Investors

10 April 2017

A 50% reduction in corporate income tax (CIT) over a five-year period is now on offer to investors in Thailand’s Eastern Economic Corridor (EEC), which straddles three coastal provinces ̶̶ Chachoengsa...Read More


THAILAND: Unused Land and Second Homes to be Taxed from January 2018

27 March 2017

Vacant and unused land in Thailand is to be taxed on an incremental basis from January 2018. Under the terms of incoming legislation, owners of such land will be required to pay a tax equal to 2% of i...Read More


BRI-Backed Rail Link Set to Unleash the Economic Potential of Laos

20 March 2017

With work now under way on the China-Laos Railway Project, hopes are high that it will form a key element of the Belt and Road Initiative, transforming Laos' infrastructure and delivering rapid and af...Read More


Accessing the Thai Consumer Market (Interview with Herkomst)

15 March 2017

The ASEAN region is growing as a consumer market. In an interview with HKTDC, Michael Li, Brand Director of Herkomst Holding Limited, shared his experience of lining up a number of Hong Kong brands fo...Read More


THAILAND: Overseas Investors Sought for US$11.6 Billion Aviation Upgrade

14 March 2017

Overseas companies will now be eligible to operate airport management services in Thailand as part of the government’s reform of the country’s aviation sector....Read More


ASEAN in Focus: Prospects for Production Bases in Thailand

14 March 2017

Within the ASEAN region, Thailand is not considered a low-cost production base, but the country is competitive in many different ways, including its business environment, logistics infrastructure, abu...Read More


ASEAN in Focus: Thailand as an Investment Destination

3 March 2017

Thailand has in recent years emerged as an attractive investment destination, backed by its well-defined investment policies, the closer ties with other countries in the region, and aggressive constru...Read More


Ambitious Government Programmes Boost Thai Lab Equipment Market

23 Feb 2017

A series of government incentives aimed at jump-starting R&D activities throughout Thailand has resulted in a windfall for the laboratory equipment industry, according to many attendees at the recent ...Read More


THAILAND: Raft of Incentives Introduced for Industrially-innovative FDI Projects

21 Feb 2017

Overseas investments deemed to boost the country’s industrial development are now free from corporate income tax liability for up to 15 Years....Read More


Thai-China Rail Link on Track as Key Element of BRI Infrastructure

21 Feb 2017

Fast rail link set to boost local Thai economy while helping to bring Belt and Road Initiative closer to reality....Read More


THAILAND: Gems and Jewellery Sector Bolstered by Tax Waiver and Duty Exemption Windfall

10 Feb 2017

Gems and jewellery businesses are now exempt from the payment of import duty and VAT on a range of raw materials, including unprocessed pearls, diamonds, gold and certain semi-finished products....Read More


ASEAN in Focus: The Thai Consumer Market

9 Feb 2017

Fuelled by the expanding middle-income class and influx of tourists, expatriates and retirees, the Thai consumer market holds great potential for Hong Kong suppliers. There will be stronger demand for...Read More


THAILAND: Business Approval Time Set to Be Cut to Just Four Days Following Launch of Online Registration System

3 Feb 2017

New business approvals are to be slashed from 10 days to just four as of May following the introduction of an online registration system....Read More


TV Remains Dominant Platform for Multi-sourced Content Across Asia

2 Feb 2017

Despite the challenge of enhanced internet access throughout most of Asia, television has retained a pivotal role, although ever more frequently it is being called upon to host content sourced through...Read More


THAILAND: Overseas Film Productions Set for 15-20% Cash Rebate on Local Spend

2 Feb 2017

Overseas film makers who film and produce in Thailand are now eligible for a 15% rebate on qualifying local spend. An additional 3% rebate is available to productions with a Thai cast, while a further...Read More


THAILAND: Tax Breaks Announced for Investors in US$281 Million Digital Innovation Park

23 Jan 2017

An eight-year tax holiday is on offer for investors in the country’s first digital innovation park. With the park scheduled to open in 2018 in Chon Buri, a coastal province some 100km southeast of Ban...Read More


THAILAND: Double Corporate Tax Deduction Scheme for New Investments Extended into 2017

18 Jan 2017

An existing scheme, which saw investors entitled to double corporate tax deductions on all new projects started in Thailand before the end of 2016, is to be extended for another year....Read More


Strong Demand for Hong Kong Services in ASEAN: “In Style Hong Kong” Research Survey 2016

9 Jan 2017

A survey of 948 participants at the “In Style Hong Kong” Symposium held in Bangkok, Thailand, reveals the strong intention of ASEAN companies to internationalise over the next three years. Hong Kong i...Read More


Thailand Emerges as the Mightiest of the Mighty Five Manufacturers

5 Jan 2017

With a shift in global manufacturing preferences, Thailand is emerging as a new production powerhouse, particularly in the automotive sector. Despite this, the country still faces the challenge of on-...Read More

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