Thailand keeps advancing amid new challenges! The public and private sectors have launched 5 urgent measures to strengthen Thai businesses’ resilience against global competition while enhancing the country's industrial capabilities.
5 Game-Changing Measures
1️⃣ Stronger Thai SMEs – Increased incentives! A full 5-year tax exemption for investments upgrading machinery and digital technology.
2️⃣ Local Content as a New Powerhouse – Encouraging the use of locally made parts in electric trains and home appliances, with a 50% tax reduction extended for 2 more years, plus business matchmaking events at "SUBCON Thailand."
3️⃣ Domestic Production, Global Standards – Strict quality control on auto and electronics parts requiring primary processing in Thailand to build international trust.
4️⃣ Targeted Investment Regulation – Protecting Thai industries by limiting incentives for high-risk sectors like furniture and solar panels, focusing investment in industrial estates.
5️⃣ Upgrading Thai Workforce – Mandating at least 70% Thai employees in large factories and vetting skilled foreign workers carefully.
Thailand is moving fast, positioning these 5 measures as both a shield and a new opportunity to fortify Thai businesses across global supply chains and foster sustainable growth amid global economic shifts.
Additional Information: Thailand Board of Investment (BOI)
Link: www.boi.go.th
Since cannabis was taken off the list of narcotic drugs, there has been an increase in the number of foods, beverages, and snacks.
According to the Immigration Act 1979, in Section 4, the definition of “a person in charge of conveyance" means a ship's master or person responsible for supervising a vehicle
For foreigners wishing to extend their stay in Thailand, in the case of being family members of a Thai national (only parents, spouses, children, adopted children, or children of spouses), the Immigration Office has determined the requirements, as follows
EN
CN
DE
JP
TH