ASEAN Briefing News

ASEAN Labor Costs: Minimum Wage and Social Insurance Essentials

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When assessing labor costs in ASEAN, foreign investors should be aware that governments are increasing social protection expenditure in areas such as pensions, health coverage, and welfare assistance.

New Digital Nomad Visa: Thailand’s Plan to Boost Tourism

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Thailand’s new Destination Thailand Visa aims to boost tourism and attract global talent by offering digital nomads and remote workers up to 180 days of stay.

Accelerating Connectivity: The Thailand-China Railway Project

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Explore the Thailand-China Railway Project and its role in enhancing regional connectivity and economic integration, part of the broader Belt and Road Initiative.

Thailand Approves Tax Incentives to Boost Domestic Tourism in Low Season

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Thailand’s government has approved new tax incentives aimed at stimulating domestic tourism during the traditional low season.

Insights into Thailand’s Standing in the 2024 Emerging Asia Manufacturing Index

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The Emerging Asia Manufacturing Index 2024 report published by Dezan Shira & Associates provides insights into the factors that influence the manufacturing sector in emerging Asian countries such as Thailand.

New Thai Law Targets Cross-Border Data Flows

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Thailand’s PDPC issued two regulations on cross-border data transfers which broaden options for companies conducting lawful cross-border transfers.

Thailand Contemplates Protective Tariffs on Chinese Imports Amidst Surging Trade Deficit

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The Thai government is considering imposing a VAT on Chinese goods priced less than 1,500 baht (US$40) that are routed through Thailand’s free trade zones.

Thailand Bolsters EV Support Scheme to Drive Adoption and Foster Battery Innovation

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Thailand’s National Electric Vehicle Policy Committee has approved new measures to support the uptake of e-buses, e-trucks, as well as the establishment of battery bases.

Taxation of Foreign Sourced Income in Thailand Begins in 2024

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Instruction No. Paw 161/2566 states that Thai taxpayers who derive assessable income from abroad must pay tax on that income after bringing such income to Thailand.

Thailand Implements Mandatory Reporting of Business Operator Income on Electronic Platforms

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Thailand’s Revenue Department has required electronic platforms such as e-commerce and e-marketplaces to disclose their revenue from the business operators on their platforms.

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