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1.

THAILAND: Trade Competition Act Details Prohibited Practices and M&A Requirements

21 July 2017

The incoming Trade Competition Act, effective as of 5 October, specifies a list of prohibited activities deemed unfair trade practices, while also establishing the Office of Trade Competition Commissi...Read More

2.

THAILAND: Overseas Employees Given Until 1 January 2018 to Secure Work Permits

10 July 2017

Overseas employees now have until 1 January 2018 to register with the Thai authorities and secure the relevant work permits. Previously, the requirement had been imposed, as of 23 June, with immediate...Read More

3.

THAILAND: US$147 Million Fund Open to Digital Entrepreneurs and Start-ups

4 July 2017

A five-billion Baht (US$147million) Digital Economy Fund has been established to support digital entrepreneurs and start-ups across the country....Read More

4.

THAILAND: Eight-year Tax Waiver on Manufacture of Electric Vehicle Components

28 June 2017

Manufacturers of certain electric vehicle (EV) components are now eligible for a corporate income tax (CIT) waiver of up to eight years....Read More

5.

THAILAND: Body Care Items and Construction Materials Among Five New SEZ-Approved Categories

23 June 2017

The production of five additional product categories within the country’s Special Economic Zones (SEZs) has been given government approval. The five approved categories are body care products; animal ...Read More

6.

THAILAND: Land Rent Slashed on Latest Tranche of SEZ Sites

16 June 2017

Land rents are to be slashed in a bid to boost investor interest in the latest tranche of Special Economic Zones (SEZs). According to the Thai Treasury Department, this will come in to effect with reg...Read More

7.

Thailand Looks to Play Catch-up with Accelerated SEZ Programme

14 June 2017

First approved in 2014, Thailand now see Special Economic Zones as pivotal to its structural renaissance....Read More

8.

THAILAND: Eight-year Tax Waiver for Automotive and Electrical Parts FDI Projects

12 June 2017

Investors in FDI-backed projects related to the automotive and electrical parts design sectors are now eligible to apply for an eight-year waiver of theirs corporate income tax (CIT) obligations....Read More

9.

THAILAND: Imports Found to Have Dodged ADD Duties to Face Punitive Tariffs

5 June 2017

Goods found to have been imported in contravention of existing Anti-Dumping Duty (ADD) and Countervailing Duty (CVD) legislation will be subject to punitive tariffs set to be introduced before the end...Read More

10.

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

11.

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

12.

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

13.

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

14.

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

15.

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

16.

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

17.

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

18.

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

19.

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

20.

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

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