Future of Food Industry in Thailand
The agriculture and food industry in Thailand has been implementing new developments on a regular basis in order to fulfil the increasingly sophisticated demands of a worldwide market that is getting flooded with nearly unlimited possibilities. In this highly competitive environment, staying ahead of the game necessitates access to a diverse range of raw materials. […]
Foreign Direct Investment in Thailand soars by 80% in Q1
The Thailand Board of Investment (BOI) announced that investment applications in the first quarter of 2021 increased by 80% y/y to a total value of 123.4 billion baht (USD3.9 billion). Projects in the medical and electric and electronics (E&E) sectors are leading the way, and foreign direct investment (FDI) applications in Thailand has more than […]
Thailand BOI and EEC encourages Investment in Thailand in 2021
Board of Investment (BOI) and the Eastern Economic Corridor (EEC) are facilitating investment in Thailand in 2021. Thailand’s legislation on the BOI and the EEC encourage both domestic and international investors to participate in the country. They offer tax and non-tax benefits to projects that are promoted. The article provides an overview of the major […]
Thailand BOI Applications 2020 led by Food and E&E
On February 10, 2021, the Thailand Board of Investment (BOI) announced that 1,717 applications are submitted in 2020. The investment worth of these applications is 481.1 billion baht (USD16 billion). Ventures in the electric and communications, agriculture and food processing industries, and a surge in the medical sector lead the way. Secretary-General speaks on Thailand […]
Thailand’s E&E Sector Continues to be an Attraction for Investors
According to the Thailand Board of Investment (BOI), both the pandemic and the US-China trade have failed to slow down the country’s flexible electronics and electrical industry. In fact, the number of foreign and domestic companies in the E&E sector rose to 106 projects in the first nine months, totaling over $1.2 billion in the […]
Thailand Adds a ‘Plus’ to Its Package
In order to facilitate improvement in the ease of doing business countries like Thailand have introduced tax breaks in the form of a stimulus package termed ‘Thailand Plus’. Highlights of the Plus Package It covers 7 major points including new tax incentives and deductions. As you may know, Thailand already offers corporate income tax exemptions […]
Are You Looking to Invest in Manufacturing Textile Products and Parts?
Then congratulations! You may be eligible to register your business under Board of Investment, Thailand. The BOI activities under this category of business are categorized hereunder; Manufacturing of natural or synthetic fibers, including technical fiber or functional fiber, recycle fiber, and other fibers; Manufacturing of yarn or fabric, including functional yarn or functional fabric and […]
BOI registration: know these facts
Thailand BOI registration: know these facts In the past few years, Thailand has become a hotspot for business in the Southeast Asian region. This is because the government policies in the country support foreign investors. The Thai Board of Investment (BOI) has established special rules and incentives to attract and promote companies in specialized sectors. […]
