In a significant step toward strengthening its financial integrity, Thailand has approved two major legislative amendments to combat money laundering and align its legal framework with international standards. On February 25, 2025, Prime Minister Paetongtarn Shinawatra chaired a cabinet meeting where the Draft Act on Anti-Money Laundering (No.) B.E. …. and the Draft Act on […]
In a rapidly evolving financial landscape, staying ahead requires not just insight but strategic action. To empower high-net-worth individuals, investors, and business leaders with critical investment strategies and tax planning insights, UOB Privilege Banking and Mahanakorn Partners Group (MPG) are pleased to co-host “Shaping Wealth: Investment Outlook and Tax Insights in 2025.” This exclusive, by-invitation-only […]
On January 13, 2025, Thailand’s Cabinet approved a draft Royal Decree under the Revenue Code, introducing corporate income tax (CIT) reductions to attract investment into Thailand’s Special Economic Zones (SEZs). Proposed by the Ministry of Finance, this measure aims to stimulate economic activity, enhance cross-border trade, and strengthen Thailand’s position as a regional investment hub. […]
On January 13, 2025, Thailand’s Cabinet, under Prime Minister Paetongtarn Shinawatra, approved the Draft Entertainment Complex Act, a landmark regulatory framework designed to govern integrated entertainment complexes. Developed by the Fiscal Policy Office under the Ministry of Finance, this draft legislation aims to boost tourism, attract foreign investment, and drive sustainable economic growth. A key […]
In an exclusive Q&A session with the Thai-Italian Chamber of Commerce (TICC), Mr. Giacomo Iobizzi, Secretary General, interviewed two leading experts on PDPA compliance: Ms. Werinorn Manphan, Counsel at the Corporate and Commercial Department of MPG, and Mr. Eddy Bellavoine, Chief Commercial Officer (CCO) at SafeComs. The discussion covered key challenges, best practices, and critical […]
On 23 January 2025, during the World Economic Forum in Davos, Switzerland, the European Free Trade Association (EFTA) and Thailand signed a landmark Free Trade Agreement (FTA), marking Thailand’s first trade agreement with a European bloc. This agreement aims to enhance trade, investment, and economic growth between Thailand and EFTA members—Switzerland, Norway, Iceland, and Liechtenstein. […]