A few years ago, Indonesia’s former Minister of Foreign Affairs from 2009 to 2014, Marty Natalegawa, wrote a book titled “Does ASEAN Matter?”. In this book, he reflected on the role of the Association of Southeast Asian Nations (ASEAN) in...
Read moreTHAILAND FOREIGN INVESTMENT PROGRAM: ANALYSIS OF TAX INCENTIVES & VISAS
The successive waves of Covid-19 have caused significant contractions in the Thai economy, as in the rest of the world, evidenced by its declines of 6.1% in 2020 and 3.4% in the first quarter of 2021. This has led the government of this country to create the...
Read moreSOUTHEAST ASIAN WINE MARKET: OPPORTUNITIES AND CHALLENGES IN ASEAN (II)
The countries of Southeast Asia have been politically grouped since 1967 in the Association of Southeast Asian Nations (ASEAN) and commercially since late 2015 in the ASEAN Economic Community. Together, they constitute the Southeast Asian wine market,...
Read moreINVESTMENTS IN THAILAND: NEW ERA OF GREEN AND SMART INDUSTRIES
The Thailand Board of Investment has just approved the Five-Year Investment Promotion Strategy (B.O.I.), covering the period from 2023 to 2027, focusing primarily on attracting investments in innovative, high-technology, and green industries, key to...
Read moreTHAI TAX SYSTEM: TYPES OF TAXES AND TAX RATES
In the Thai tax system, the Thai Revenue Code is fundamental. This code, as in any tax system, establishes the rules that govern taxation in Thailand. It is a mandatory legal framework for companies and professionals operating in the country. Amended just a...
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