Investment Opportunity for Foreigners in Southeast Asia Internet Economy
According to Google, and Singapore’s Temasek Holdings, Southeast Asia’s internet economy, including online travel and online media, will worth $240 billion by 2025. This forecast is almost 20% higher than the last year’s estimate, reflecting speedy growth of the new series like regional startups and online vacation rentals. On this, the sovereign wealth fund and […]
Good news! The Political Coup between EU and Thailand is Over Now
Therefore, the European Union is looking forward to resuming political contacts with Thailand, as mentioned by its foreign affairs council. This happened after Thailand’s PM announced a general election to be held in November 2018. However, the government is yet to get away with a political ban, which would allow all the political parties to […]
Nailing the Biggest Opportunities in Thailand for Singapore
From the development of the Eastern Economic Corridor (EEC) ample opportunities are arising in Thailand, particularly across the ten targeted sectors. Medical and wellness tourism, Next-gen automobile, Smart electronics, Robotics, Medical, Aviation and logistics, Digital, Food for the future, Agriculture and Biotech, and Biofuels and biochemical Particularly, Singaporean companies with great expertise in the aviation […]
China is Discovering its Belt and Road Project
The chief of the Information and Technology Research Department of China Outsourcing Unit said that the outbound direct investment in China has increased 10 fold. And most of them were concentrated on the Belt and Road countries, which includes Thailand, and Laem Chabang port (an important component in the government’s plan to develop the Eastern Economic […]
Thailand is All Set for Its 4th Industrial Revolution
So, which industries is it adopting? Primarily, oil and gas, chemicals, and utilities. Cisco’s president (ASEAN) said that the manufacturing is a major driver of economic growth for the same region, which contributes US$60 billion or around 21% to the region’s gross domestic product. Also, he expected it to multiply to $1.4 trillion by 2028. […]
Key Trends Shaping the Economy and Opportunities in Thailand
If you have been planning to invest in Thailand, this is the right time. Why did I say so? Well, look at the statistics, the country’s economic outlook has improved so much. In fact, Thailand is likely to witness 4.1% growth in 2018. And this has been the highest since 2012. To secure growth, benefiting […]
So, What is This Thai Smart Visa All About?
Highly skilled human resources and investors contributing to the country’s development stand a fair chance of obtaining a Thai smart visa. They can be foreign experts, entrepreneurs, investors, to executives individuals who wish to work or invest in Thailand in the 10 S-Curve industries. Moreover, they can belong to industries like smart electronics, agriculture and […]
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 […]
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 […]
