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 […]
In a significant leap towards sustainable mobility, the Thai cabinet has given its official nod to a comprehensive set of Electric Vehicle (EV) incentives, charting a course from 2024 to 2027. The approval, granted on December 19, 2023, marks a pivotal moment in Thailand’s commitment to fostering the adoption and local manufacturing of EVs. These […]
In Thailand, the pursuit of sustainable mobility through the establishment of electric vehicle (EV) charging stations is gaining momentum. However, for business operators looking to engage in this burgeoning sector, adherence to regulatory protocols is imperative. As per the Energy Industry Act B.E. 2550 (A.D. 2007), obtaining a license for energy industry operation from the […]