In a landmark announcement by the Ministry of Finance, Thailand is charting a course toward sustainable digital economic growth. Central to this vision is the Bank of Thailand’s strategic direction, aimed at unleashing the transformative power of technology within the financial sector. Embracing innovation while safeguarding against risks, the nation is poised to welcome a […]
Nestled along Thailand’s Eastern Seaboard, the Eastern Economic Corridor (EEC) emerges as a pivotal engine of growth within the nation’s transformative vision, Thailand 4.0. With a keen eye on fostering advanced industries and nurturing a skilled workforce, the EEC beckons investors with a bouquet of incentives and opportunities, positioning itself as a beacon of economic […]
In a significant policy shift aimed at revitalizing the tourism and hospitality sectors, the Thai government has approved substantial reductions in taxes on alcoholic beverages, particularly focusing on wine. This strategic move aims to enhance Thailand’s allure as a destination for both international and domestic tourists. It seeks to capitalize on the expected increase in […]
Minister of Digital Economy and Society, Mr. Praesert Choodigitan, has embarked on a monumental transformation journey, elevating the nation through the implementation of seven flagship initiatives that promise to revolutionize both the economic and social landscapes. Mr. Praesert Choodigitan, also known as DE Minister, has outlined the ministry’s ambitious agenda for the year, focusing on […]
Cabinet Preliminarily Approves Extended Tax Relief Period to Bolster Thailand’s Digital Asset Hub Status In a progressive stride towards solidifying Thailand’s position as a Digital Asset Hub and ensuring fair treatment for local digital asset business operators, the Cabinet has granted preliminary approval to extend the standard tax relief period for digital asset trading. This […]
In a recent announcement, the Department of Employment has introduced new regulations concerning the registration capital necessary for companies seeking authorization to employ foreign workers in Thailand. This directive, enacted under the authority granted by Article 27(1) of the Management of Foreign Workers Employment Act B.E. 2560, signifies a pivotal development in the country’s labor […]