Category Archives: Investment in Thailand under BOI

BOI Thailnd’s Flood Relief Measures

Measures to Minimize Business Interruption 1. Factories can be allowed to temporarily relocated elsewhere to continue their production for the period of 6 months from the application submission date. This temporary relocation period can be extended if necessary. 2. Manufacturing … Continue reading

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National Tourism Development

The cabinet has approved Thailand’s national tourism development master plan 2012- 2016, which targets to turn Thailand into one of the top 5 destinations in Asia. According to Thailand’s Government Public Relations Department, the objective of the National Tourism Development … Continue reading

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NESDB Forecasts

The economic growth experienced by Thailand in 2010 was remarkable and at 7.8% hit near record setting levels. In its recently released Economic Outlook, Thai Economic Performance in Q4 and Outlook for 2011, the National Economic and Social Development Board … Continue reading

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Thailand Leads World in Rubber Production and Advanced R&D

Blessed with natural and man-made advantages, Thailand has developed into the world’s largest producer and exporter of natural rubber. The country turns out more than 3 million metric tons of natural rubber annually, and progress in the industry remains vigorous. … Continue reading

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Economic Growth Continues

Thailand’s economy continues to race along the path of growth as the National Economic and Social Development Board reports 6.7 percent growth for the third quarter (Q3), which translates into 9.3 percent growth for first nine months of the year. … Continue reading

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Baht so Strong

With the baht being so strong against the USD how will this affect business in Thailand, as around 65% of foreign owned business in Thailand is Japanese owned and the Yen is still holding its ground we can expect to … Continue reading

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World Bank Economic Update

All signs point to prosperity as Thailand and countries across East Asia leave economic upheaval behind. In its nearly 90-page report, titled East Asia and Pacific Economic Update (April 2010), the World Bank gives a glowing assessment of regional performance … Continue reading

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BOI Zones

Projects in Zone 1 shall be granted: 50 per cent reduction of import duty on machinery that is subject to import duty of not less than 10 per cent Corporate income tax exemption for 3 years for projects located within … Continue reading

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Incentives for Jewelry

Incentives for Jewelry Promotion of jewelry is according to zones or special industrial estates around Thailand. Projects located inside a promoted gem and jewelry industrial estate or zone one are exempt from import duty on machinery, regardless of zone. If … Continue reading

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