A Brief Digest on Taxes in Thailand
All thanks to the strong momentum in Thai tourism and manufacturing exports, the country’s economic outlook is improving. It is found that the economy grew at the fastest pace since 2013. And it is expected that the pace will continue this year and the next. But increasing public investment such as fiscal spending on large-scale […]
E-sport: The New Emerging Sector in Thailand
Chrisada Chiaravanond, the president of E-sports Thai Leagues said that Thailand has a strong potential to carry out e-sports activities in ASEAN. The country has world-class infrastructure and appropriate environment including support from the government and private sector, and high-skilled players, to support the same. Although they are behind South Korea and China, they are […]
A Brief Digest on the Indo-Thai Free Trade Agreement
The Framework Agreement ensures liberalization trade in goods, services and investment, and economic cooperation expansion. Trade in Goods It was agreed that India and Thailand begin the negotiation on trade in goods to establish the India-Thailand FTA. To accelerate tariff reduction, both countries agreed to apply for an Early Harvest Program. The tariff reduction of […]
Are you a retiree? Willing to live in Thailand?
If so, you will be excited to know about the10-year retirement visa that, if you qualify, can make your life so easy. What is this 10-year visa all about and how do you go about it? Above all, you need to know whether you are eligible or not be: You must be over the age […]
Everything You Need to Know about Australia-Thailand Free Trade Agreements
The Thailand-Australia Free Trade Agreement (TAFTA) has eliminated most Thai tariffs on the goods imported from Australia. And this is indeed a significant win for the Australian businesses as it simultaneously opens up a wide range of export opportunities in the second-largest country of Southeast Asia. Additionally, this agreement improves the bilateral services trade and […]
Start-ups to Gain Immense Benefits with Signing of MoU between Thailand and Hong Kong
In a bid to support the Thai start-up business scene, InnoSpace Thailand and Hong Kong have signed a Memorandum of Understanding (MOU). Together with the Hong Kong partners, including HK Cybersport, HPA, and HKTDC, the Thailand company is expected to help many start companies in Thailand to get better support. This public-private joint venture will […]
Are You Looking for a Customs Clearance Agent in Thailand?
Well, there are many in Thailand. You just have to find the right one. The fact that there are quite a number of such agents in the country makes the work challenging to find a trustworthy, professional agency. So, how do you go about it? Simply either by taking referrals or searching online. Your friends […]
What are Branded Residences in Phuket? How They Work?
Considering the massive increase in the number of expats living in Thailand, many branded residences in Phuket have been developed, including condominiums and villas. Most of them are managed by well-known hotel chains that offer buyers access to many hotels’ amenities. These residences are competing with the hotels as they also have hotel licenses and […]
Private Consumption and Investment Strengthening Thailand’s Economy
The International Monetary Fund (IMF) has asked the country to emphasize more on the policies for growth and shift from relying on the electronic and automotive industry. As mentioned in the World Bank Group report 2019, the country generated 78.45 scores out of 100 in Ease of Doing Business. And therefore it ranked 27 out […]
These Products Imported from Thailand are Exempted from Tariff
The Government has exempted tariff on some products of the Thai origin when imported into India from Thailand. This is a result of the Early Harvest Scheme under the Framework Agreement to establish free trade between Thailand and India. Some products have been listed below; Fresh mangosteens, mangoes, Fresh grapes, Apples, Durians, Fresh rambutans, longans, […]
