Thailand

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In a trend that has continued into 2012, Thailand’s remarkably resilient tourism industry showed itself to be largely unaffected by the country’s devastating floods last year, giving a strong performance that produced year-on-year increases in both arrival numbers and revenue.
OBG talks to Celina Chew, the managing director of Bayer Thai, about opportunities in agriculture, research and development, and pharmaceuticals.
The government is looking to tap the bond market to make up its budgetary shortfall for this year and launch more debt offers to fund its ambitious infrastructure programme. Pricing could be an issue, however, with concerns that uncertainty over the European financial crisis could cause ripples in Asian economies and push up borrowing costs.

The failure of Thai law enforcement in implementing adequate measures to protect IP rights has resulted in Thailand being placed on the Office of the US Trade Representative (USTR) Priority Watch List for four consecutive years. The annual USTR Special 301 report identifies, among other things, countries that fail to provide sufficient measures...

The annual water festival of Songkran stands out as Thailand’s most renowned celebration and remains a draw for visitors. The traditional New Year for Thais, Songkran is the Sanskrit word meaning “to move into” as the three-day festival marks the move into a new solar year. The celebrations are now observed nationwide, including in the Muslim-...

MAJOR TAX CATEGORIES INCLUDE THE FOLLOWING: undefined • Corporate income tax: Entities incorporated in Thailand are subject to tax on worldwide income. Foreign incorporated companies are subject to tax on income derived from business activities in Thailand or certain categories of income paid from...

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