Thailand Becoming Production Hub For Heavy Trucks

Thailand Becoming Production Hub For Heavy Trucks Thailand is fast becoming a major SE Asia production hub for medium and heavy commercial vehicle Scania (Sweden) and Hino (Japan) have recently updated their heavy commercial vehicle offering in Thailand. Thailand is fast becoming a major SE Asia production hub for medium and heavy commercial vehicles, with…

Thailand’s Stock Exchange Plans to Roll Out Digital Asset Platform in 2020

Thailand’s Stock Exchange Plans to Roll Out Digital Asset Platform in 2020

Thailand’s Stock Exchange Plans to Roll Out Digital Asset Platform in 2020 The Stock Exchange of Thailand (SET) plans to roll out its digital asset platform in 2020, according to an official statement released on March 13. Following recent reports purportedly revealing the plans, the SET has confirmed that it will build a digital asset platform as a part of its three-year strategic…

No major harm to Thailand from Brexit, say experts

No major harm to Thailand from Brexit, say experts

No major harm to Thailand from Brexit, say experts EXPERTS PREDICT that Brexit will have a limited impact on the Thai economy, saying that the biggest loser will be the United Kingdom itself. On Tuesday, UK lawmakers rejected May’s Brexit agreement proposal by 391 to 242 votes in the House of Commons. On Wednesday, the…

Siam Piwat Announces Commitment to Be Leader in Creative Economy

Siam Piwat Announces Commitment to Be Leader in Creative Economy

Siam Piwat Announces Commitment to Be Leader in Creative Economy Celebrates 60th anniversary of success with quantum growth reinforcing position as leader in Creative Economy in retail and property development Goes beyond domestic competition to lead Thailand to the world stage Teams up with world-class partners to build cities, grow retail industry andcreate mega-phenomena Works with…

Honda projects lower motorcycle sales for 2019

Honda projects lower motorcycle sales for 2019

Honda projects lower motorcycle sales for 2019 Honda Motor Company, the manufacturer of nearly 80% of Thailand’s motorcycles, is projecting another annual loss this year. New motorcycle sales this year are forecast to drop nearly 4% year on year to 1.72 million units. The forecast is unchanged from its January projection. The baht’s appreciation against…

GOVT URGED TO EXTEND EEC INCENTIVES TO LOCAL BUSINESSES

GOVT URGED TO EXTEND EEC INCENTIVES TO LOCAL BUSINESSES

GOVT URGED TO EXTEND EEC INCENTIVES TO LOCAL BUSINESSES CIVIL SOCIETY groups have called on the government to extend the |special privileges it is offering to investors in the Eastern Economic Corridor (EEC) to local business activities and sustainable development. They also urged the government to give priority to local solutions in solving ongoing land…

Under the Foreign Business Act (“FBA”), foreigners are legally restricted in doing certain businesses in Thailand as prescribed in the lists Annexed to the FBA.

Thailand’s International Business Center Incentives

Thailand’s International Business Center Incentives Under the Foreign Business Act (“FBA”), foreigners are legally restricted in doing certain businesses in Thailand as prescribed in the lists Annexed to the FBA. Fortunately, there are various possibilities to obtain official permissions. And there are also government schemes available which provide for tax exemptions and tax reductions. Until…

Robot Maker blazes tech trail in home appliances

Robot Maker blazes tech trail in home appliances

Robot Maker blazes tech trail in home appliances ROBOT MAKER, the owner of Autobot robotic vacuum cleaner brand, has set a target to become the leader in Thailand’s smart home-appliances market within the next three years, said Thammasorn Meerat, the company’s co-founder and managing director. He said that Robot Maker started its business in 2013…