Project Value under Board of Investment Programs Increases 80% in First Quarter BANGKOK (NNT) – The value of investment projects, submitted under Board of Investment (BoI) tax incentive programs, has increased by 80% year-on-year to 123.36 billion baht in the first quarter, driven mainly by the COVID-19 pandemic and measures to curb the spread of the…
RESILIENCE AND AGILITY: THE NEW MANTRAS FOR THAI BUSINESSES IN THE POST COVID-19 ERA The Thai government has introduced many measures in recent years to support a vibrant ecosystem for startups, with an aim to drive innovations and strengthen competitiveness of the overall economy. The country’s rapidly advancing digital industry has driven the development across…
96% of Foreign Investors still confident in Thailand says BOI The Board of Investment of Thailand’s (BOI) latest survey, shows most foreign investors, estimated at 96%, are still confident in the country, and are willing to bring forward their investments. BANGKOK (NNT) – With the COVID-10 pandemic causing significant disruption around the world including in…
Thailand BOI Okays Steps to Accelerate Investment and Promote Digital Adoption The Thailand Board of Investment (BOI) on Monday approved a series of measures to accelerate investments, particularly in target industries and to encourage business to adopt digital technologies. BANGKOK, Dec. 21, 2020 /PRNewswire/ — “The package to promote large scale projects was designed to boost investment…
Thailand BOI Approves New electric vehicles (EV) Package The new promotional package, which replaces the first EV package which expired in 2018, covers a comprehensive range of electrical vehicles, namely passenger cars, buses, trucks, motorcycles, tricycles, and ships. The Thailand Board of Investment (BOI) today approved the roll out of a comprehensive set of incentives…
Thailand’s E&E, Food, Auto and Medical Sectors Lead Jan-Sep Rise in Investment, BOI Applications Data Shows BANGKOK, Nov. 5, 2020 /PRNewswire/ — Sustained commitment to Thailand by both foreign and local companies resulted in a slight increase in the number of investment applications in the January-September period to 1,098, as firms in targeted sectors including electrical and electronics (E&E),…
Thailand’s property market set to experience brokerage megashift It’s clear that Thailand’s real estate sector is expected to undergo a megashift as a result of the Covid-19 pandemic and search for a ‘new normal’, if that’s even possible. That said, one of the country’s leading PropTech groups FazWaz says the crisis has only accelerated dynamic charges to…
BOI partners with two state banks to help SMEs affected by the Covid-19 The Board of Investment (BoI) will join hands with two state-backed banks to help entrepreneurs affected by the Covid-19 outbreak The Board of Investment (BoI) will join hands with two state-backed banks to help entrepreneurs affected by the Covid-19 outbreak, BoI secretary-general…
BOI Announces Measures to Facilitate Investors Affected by COVID-19 Situation The Thailand Board of Investment (BOI) said in a statement that it remains as committed as ever to serve the needs of investors, and announced practical measures to ensure the continuity of service to support companies The Thailand Board of Investment (BOI) said in a…
Investment promotion requests exceeded 750bn baht in 2019 BANGKOK (NNT) – Thailand remained an investment destination for international investors last year, as reflected in the overall value of investment promotion requests in 2019, released by the Board of Investment (BOI) today, which exceed a 750 billion baht goal. An impressive 59% was in the Eastern Economic…