BOI Thailand Incentive Schemes for Infrastructure Development
The Board of Investment (BOI) Thailand approval of investment incentive scheme is a good news for the infrastructure industry. More particularly it is for U-Tapao Airport’s Passenger Terminal 3 and Digital Park Thailand (EECd) development projects. The Thai Board of Investment offers the scheme in order to attract more investors for participation in biddings while […]
5 Lucrative Business opportunities in Thailand
In case you don’t know already, Thailand is the second largest economy in Sea with a well-developed infrastructure and a growing GDP. Though Thailand’s economy is diverse, its manufacturing sector is essential and that is very much reflected in the exports by the Swedish companies, wherein types of machinery for the power sector and transport […]
More Trade Opportunities and Investment in Thailand: This is How They are Ensuring.
Thailand is aiming to connect China’s Belt and Road Initiative (BRI) in order to accelerate more investment and trade opportunities in Asia, particularly ASEAN and ACMECS. In the Thailand-China Business Forum 2018, there were almost 1,000 participants from both the countries. Also, the forum was held by the Board of Investment, Thailand to support 6th […]
Things to Know before Thailand FDA Registration
Do you need to import food supplements, pharmaceuticals, and products for animal health, toxic substances, narcotic, and food in Thailand? Then you will require registering with the Food and Drug Administration of Thailand (FDA). However, the time needed for filing a product registration application and receiving registration certificates with the FDA varies hugely. Approximate time […]
Are You Looking for a Certified Public Accountant Thailand?
There are ample. And thus finding the one is quite difficult. Ask yourself a few questions and follow the below mentioned and you will be good to go. Does Location Matter? Is it important for you to hire an accountant located nearby? Companies, these days are collaborating online by using cloud-based technology for business management, […]
Thailand 4.0: Transforming Thailand, Transforming Lives
As the global economic situation has changed over years, the service trade continues to grow and Thailand must push for more development of service trade. To this, the country is heading towards an innovation-driven economy under the 4.0 policy through public-private-people partnership mechanism. Mr. Suvit, the Deputy Commerce Minister has given a briefing to 58 […]
New Investment Promotion Conditions for SMEs in Thailand
It is done to approve more incentives for SMEs to cover more than a hundred business activities and increase corporate income tax exemption up to 200% to enhance SMEs’ competitiveness. Also, it identified a list of industries for the EECi and EECd. The new investment promotion conditions are as follows; More business activities and relaxed […]
Thailand Plans to Upgrade Economic Cooperation with China
Commerce Minister, Mr. Sontirat Sontijirawong says the cooperation will cater to 7 major areas including science/technology, finance, trade, digital tourism, investment, and regional economic cooperation. This brand new framework agreement with China is blueprinted in an aim to double the bilateral trade to US$140 billion by 2021. Both the countries have agreed on doubling the […]
Throw Back to the Celebration of the 130th Anniversary of Thailand-Japan Diplomatic Relations
The Thai government together with the public and private sectors welcomed delegations of more than 570 high-ranking Japanese investors along with government officials in Thailand. It seems both the parties made a historic move to enhance economic relationship by jointly exploring the trade and investment opportunities on “Thailand 4.0 towards Connected Industries” and visiting the […]
Thai BOI’s Incentive Scheme for High Quality Living
The initiative is taken to employ advanced IT systems to improve the quality of life. Also, the Board of Investment has agreed to promote high standard housing for the betterment of the life of workers and to extend the promotion period for investments in the ten Special Economic Zones to the end of 2020. The […]
