6 Industries in Thailand Expected to Grow Post Covid-19
The following businesses that were untouched before are getting all the attention now. For some, the pandemic is giving some newfound opportunities. Online Education As the educational institutions cannot function physically, e-learning is the need of the hour. Online education or ed-tech is seeing a sudden rise when every nation is looking for a conventional […]
Those Who Want to about the Financial System in Thailand
The financial system in Thailand is constituted of different financial institutions regulated by the Ministry of Finance (MOF). Some of them have been briefed below; Domestic Commercial Banks are licensed to follow the traditional business of commercial banking practice. Foreign Commercial Banks get similar privileges as above commercial banks with just a few additional requirements […]
You Still Don’t have a Business in Thailand? Act Fast and Set-up Now!
To start up a business in Thailand you will need to incorporate a juristic entity that would commonly be a Limited Thai company. It is regulated that a company must have: Shareholders– Minimum of 3 shareholders and during the incorporation stage it would have to be 3 natural people (of any nationality). Should you wish to […]
Planning to Import Alcohol in Thailand?
If you are looking to sell or import alcohol in Thailand, then it is important for you to obtain an alcohol license. This article will guide you through the necessity and process to obtain an alcohol license in Thailand. In Thailand, two acts regulate the import, sale, and manufacturing of alcoholic beverages, namely, the Liquor […]
COVID-19 Taking a Toll on the East and South-East Asia
With the increase of coronavirus cases worldwide, there are deep concerns over its impact on the economy. “The ASEAN+3 Macroeconomic Research Office (AMRO) states that the pandemic can deduct half a percentage point from the financial growth of regional economies.” Apart from China, the effect can be felt in the remaining ASEAN+3 economic bloc, including […]
India to Strengthen Its Ties with ASEAN, Opening a Pool of Opportunities for Indian Expats
Sources say that India is to strengthen its economic ties with Thailand and the ASEAN region by joining the Regional Comprehensive Economic Partnership (RCEP) and its participation in the trilateral highway project. Fortunately India could understand the need of the hour, which is joining the RCEP; else it may suffer from trade deficits. If negotiations […]
Thailand’s Next Investment Opportunity
With the confirmation of the biggies like Scania (Sweden) and Hino (Japan), we now know that Thailand is also becoming a major production hub for medium and heavy commercial vehicles. In fact, every year almost 15,000 and 20,000 heavy trucks are registered. Scania’s new factory in Bangkok’s Free Trade Zone is definitely a cornerstone of […]
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 […]
Role of a Business Broker in Buying a Business
Do you know right who is a business broker? Don’t mistake them with business set-up expert, by the way. A broker is an intermediary working on your behalf. Basically, their duty is to the business seller, agreeing to pay the broker commission on completing the transfer of business. Also, they specialize in selling trading entities. […]
About to Start a Business in Thailand? Great!
Did you hire a legal service yet? No, but why? Thinking that you will get through the legal nitty-gritty alone may not be a wise decision. Especially, when you deciding to start a business in a foreign country. You may not know every detail about the business laws to start a business in Thailand, but […]
