Thailand’s Key Industries: What Investors Need to Know
Thailand, the second-largest economy in Southeast Asia, has a diverse and dynamic business landscape that offers attractive opportunities for investors. The country’s strategic location, skilled workforce, and supportive government policies have contributed to the growth of several key industries. Let’s explore Thailand’s key industries and their potential for investors. Manufacturing Thailand’s manufacturing industry is a […]
Thailand Tech Industry: Opportunities and Challenges
The Thailand tech industry has been experiencing significant growth, positioning itself as a key player in Southeast Asia’s digital economy. With its vibrant startup ecosystem, government support, and increasing foreign investments, Thailand is emerging as a hub for technological innovation. However, this rapid growth is not without its challenges. Let’s look at the current state […]
Thailand Statutory Updates 2024
Here are Thailand’s statutory updates for 2024. Effective July 2024 Increased Tax Exemption for Severance Pay The personal income tax exemption amount on severance pay for terminated employees is now increased to the employee’s last 400 days’ wages or THB 600,000, whichever is less. The new tax exemption shall be applicable to assessable income received […]
