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Thailand: Govt reveals digital transformation master plan

The Ministry of Digital Economy and Society (DE) is preparing a master plan for collaboration that echoes Asean’s theme of “Advancing Partnership for Sustainability”, which was chosen by Thailand as the theme of its chairmanship in 2019.  The plan aims to improve and facilitate further intra-Asean cooperation across five categories, namely smart city development, cyber security, […]

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Thailand: Local sales drive auto output

The Federation of Thai Industries (FTI) has increased its projection for the country’s automotive output in 2018 after recording huge growth in domestic sales.  On Tuesday, the FTI’s automotive industry club announced the 2018 projection for car production at 2.1 million units, up by 5.59% from 2017. The local market has driven the higher output, with 1 […]

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Thailand a non-mover in talent index

Thailand’s ranking in the latest global survey on developing and attracting talent remains unchanged at 42nd out of 63 countries.  The survey conducted by the IMD World Competitiveness Centre presents a ranking of 63 countries and economies according to their ability to develop, attract and retain talent.  The ranking is based on countries’ performance in […]

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Thailand: New tax regime for foreign corporate headquarters

LAST MONTH, the Revenue Department announced the introduction of a new headquarters tax regime called International Business Centre (IBC). The existing tax incentive regimes – International Headquarters (IHQ), Regional Operating Headquarters (ROH) and International Trading Centre (ITC) – as of October 10, 2018 are no longer available to new applicants. Current beneficiaries of these regimes […]

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