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Thailand: Call for tax cut to help flood-hit businesses

Company executives want the government to help flood-hit entrepreneurs with a corporate income tax reduction, according to a Federation of Thai Industries (FTI) survey of its members. Most of the 176 executives surveyed in the latest FTI poll, some 67.6%, want authorities to allow affected business operators to reduce their tax burden by offsetting the money […]

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Thailand: Meta and TAT offer new vision of tourism

Facebook parent Meta has joined forces with the Tourism Authority of Thailand (TAT) to introduce “Rediscover Thailand”, which features augmented reality (AR) experiences for the country’s tourist attractions. According to Meta, Thailand is one of the top 10 countries in terms of number of active Meta Spark AR creators. “The metaverse is the next evolution of […]

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Thailand’s digital GDP skyrockets to B2tn in 2021

Thailand’s digital GDP reached 2 trillion baht in 2021 after posting year-on-year growth of 14.1%, according to a study by the Office of the National Digital Economy and Society Commission (ONDE). The increase was attributed to Covid-19 infections easing and a partial economic recovery, supported by the return of the production of digital products and services, […]

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Cambodia set for more bilateral FTAs

The Cambodian government is pushing for the establishment of more bilateral free trade agreements with main trade partners in a bid to access wider markets for the country’s products. Penn Sovicheat, under-secretary of state at the Ministry of Commerce, said that the more bilateral FTAs, the wider markets Cambodia can export products to. “When we […]

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