investment

  • Business NewsThailand banks on foreign investment to power economic surge

    Thailand banks on foreign investment to power economic surge

    Bangkok Bank remains bullish on a surge in foreign direct investment (FDI) into Thailand, anticipating it will turbocharge the nationโ€™s economy in the coming years despite global uncertainties. At the 2025 ASEAN Business Forum helmed by the bank last Thursday, Bangkok Bank President Chartsiri Sophonpanich unveiled striking figures: Thailandโ€™s investment applications soared by 35% in 2024, hitting a decade peakโ€ฆ

  • Business NewsTax cuts with a twist: SEZ businesses get a decade of ten-percenters

    Tax cuts with a twist: SEZ businesses get a decade of ten-percenters

    The Revenue Department is slashing corporate income tax to just 10% for businesses nestled in Thailandโ€™s special economic zones (SEZs) for the next ten years in a stunning financial manoeuvre. The move, designed to inject life into these strategically positioned areas, is set to give them a major boost. Director General Pinsai Suraswadi revealed that this game-changing tax cut receivedโ€ฆ

  • Business NewsThailand sees record investment surge, driven by digital sector boom

    Thailand sees record investment surge, driven by digital sector boom

    Investments in Thailand are projected to increase this year, following a 35% rise in investment incentive applications, reaching 1.14 trillion baht (US$32.8 billion) last year. This marks the highest level since 2014, driven by substantial foreign direct investment (FDI) projects in data centres and cloud services, according to the Board of Investment (BoI). For the first time in 2024, theโ€ฆ

  • Business NewsThailand unveils clean energy plan with 2.9 trillion baht investment

    Thailand unveils clean energy plan with 2.9 trillion baht investment

    Thailand is advancing its commitment to reducing greenhouse gas emissions with the introduction of a new power development plan (PDP) emphasising clean energy usage. This strategic initiative is part of the broader National Energy Plan, which will be implemented from 2024 to 2037. The plan aims to transform the countryโ€™s energy landscape by prioritising renewable energy sources over fossil fuels.โ€ฆ

  • Business NewsCrypto the future: Thailand coins new digital investment arena path

    Crypto the future: Thailand coins new digital investment arena path

    Thailand is making strides to become a regional leader in digital asset investment, with the government pledging to create opportunities and enhance accessibility in this burgeoning market. Deputy Finance Minister Julapun Amornvivat emphasised the importance of collaboration with the private sector to support the growth of digital assets during a keynote speech at a Binance TH event. In his address,โ€ฆ

  • Business NewsThailand ranks in top three for Southeast Asia IPOs

    Thailand ranks in top three for Southeast Asia IPOs

    Thailand has emerged as one of the top three initial public offering (IPO) markets in Southeast Asia, securing 26% of the total fundraising in the region. This achievement reflects a robust pipeline of IPOs, particularly in the consumer, healthcare, and real estate sectors, according to global consultancy Deloitte. As of yesterday, November 19, Thailand conducted 29 IPOs in the year,โ€ฆ

  • Business NewsThailand boosts Chinese investment with new roadshow in China

    Thailand boosts Chinese investment with new roadshow in China

    Thailand is actively promoting itself as an investment destination for Chinese businesses by organising a new roadshow in China. The initiative, led by the Board of Investment (BoI), aims to showcase the potential business opportunities available to Chinese investors, especially in the sectors of electric vehicle (EV) battery manufacturing and smart electronics. Deputy Prime Minister Pichai Chunhavajira, who also servesโ€ฆ

  • Business NewsThailand boosts local content in industries amid US-China trade tensions

    Thailand boosts local content in industries amid US-China trade tensions

    Finance Minister Pichai Chunhavajira is advocating for increased utilisation of domestic raw materials by businesses and the promotion of Thai ownership within supply chain companies. This initiative is part of a broader strategy to enhance the competitiveness of local industries by offering privileges through the Board of Investment (BoI). Pichai, serving as the chairman of the BoI, emphasised the importanceโ€ฆ

  • Crime NewsEnergy scam shock: 20 duped by bogus clean energy company

    Energy scam shock: 20 duped by bogus clean energy company

    In yet another alarming tale of betrayal, the Economic Crime Suppression Division (ECD) of the Central Investigation Bureau swooped in with allegations against a company accused of swindling 20 unsuspecting investors. The victims were reportedly lured into pouring their hard-earned cash into what turned out to be a phantom clean energy venture. Spearheading the charge against this audacious act ofโ€ฆ

  • Best ofTop 5 accounting firms in Thailand 2024

    Top 5 accounting firms in Thailand 2024

    Accounting is one service you canโ€™t do without if you own a business in Thailand. A good accounting firm helps you manage critical financial tasks, such as calculating your withholding TAX and VAT and completing your financial statements. Plus, they also ensure that you comply with Thai law. In addition to keeping the numbers in line, an accounting firm can supportโ€ฆ

  • Thailand NewsThailand targets 3.5% GDP growth amid economic challenges

    Thailand targets 3.5% GDP growth amid economic challenges

    The Finance Ministry of Thailand has ambitiously set the stage for GDP growth by targeting a 3.5% annual increase. This announcement was made at the CEO Econmass Awards 2024, where Finance Minister Pichai Chunhavajira delivered a keynote address. The minister expressed optimism that next yearโ€™s growth rate could reach 3%, marking a 10% increase from this yearโ€™s forecasted 2.7%. โ€œThisโ€ฆ

  • Business NewsCloud nine: Equinix boost set to reign over Thailand’s data skies

    Cloud nine: Equinix boost set to reign over Thailandโ€™s data skies

    American tech giant and cloud extraordinaire Equinix is making waves in Thailand with a colossal 16 billion baht investment. This financial injection over the next decade is set to supercharge Thailandโ€™s data centre infrastructure, targeting the surging demand from the bustling CLMVT region, according to Thailandโ€™s Board of Investment (BoI). For those not in the know, the CLMVT region comprisesโ€ฆ

  • PropertyHow to find a property for sale in Pattaya

    How to find a property for sale in Pattaya

    Pattaya, Thailandโ€™s coastal city has become an increasingly popular destination for property buyers seeking a tropical paradise. With its stunning beaches, vibrant nightlife, and growing infrastructure, Pattaya offers a unique blend of relaxation and excitement. However, finding the right property in this bustling real estate market requires careful consideration and thorough research. Thatโ€™s why Pattaya Prestige Properties has created thisโ€ฆ

  • Business NewsThailand, US bolster trade ties with focus on high-tech investments

    Thailand, US bolster trade ties with focus on high-tech investments

    Commerce Minister Pichai Naripthaphan and US Ambassador Robert F. Godec yesterday engaged in discussions focusing on trade tariffs and investment in high-tech sectors, aiming for strategic alignment. During their meeting yesterday, October 17, Pichai emphasised that the talks were crucial for establishing a strategic partnership and bolstering economic ties between Thailand and the US, enhancing both bilateral and investment relations.โ€ฆ

  • Business NewsPowering on: Thailand energy plan sparks a 2.9 trillion baht boost

    Powering on: Thailand energy plan sparks a 2.9 trillion baht boost

    Thailandโ€™s new National Energy Plan (NEP) aims to drive significant investment and promote clean energy, with a projected 2.9 trillion baht in capital spending over the next 13 years. Central to this initiative is the emphasis on solar energy to reduce carbon dioxide emissions. The NEP 2024, scheduled for implementation from this year until 2037, integrates a comprehensive power developmentโ€ฆ

  • Thailand NewsThailand Cabinet hits the right note with concert campaign

    Thailand Cabinet hits the right note with concert campaign

    In a major bid to turn up the volume on tourism, the Thai Cabinet has launched a sensational music campaign aimed at luring world-famous artists to rock out in Thailand! With the goal of boosting both tourism and investment, itโ€™s time for the Kingdom of Thailand to take centre stage. At a press conference yesterday, October 15, Prime Ministerโ€™s Officeโ€ฆ

  • Economy NewsPenny-wise, pound foolish: Thailand’s budget delay leaves fiscal year in arrears

    Penny-wise, pound foolish: Thailandโ€™s budget delay leaves fiscal year in arrears

    The Government of Thailandโ€™s delayed budget approval led to significant underinvestment in the previous fiscal year, according to the Comptroller Generalโ€™s Department (CGD). The state budget for the fiscal year is divided into a fixed fund and an investment fund. For fiscal 2024, which ended on September 30, the fixed fund amounted to 2.8 trillion baht (US$84 billion), covering expensesโ€ฆ

  • Business NewsJapan urged to boost Thai investments, focus on semiconductors

    Japan urged to boost Thai investments, focus on semiconductors

    Commerce Minister Pichai Naripthaphan called on Japanese businesses to boost their investments in Thailand, particularly in the semiconductor and high-tech sectors. This appeal comes as the Thai government aims to recover from a significant drop in Japanese investments following the 2014 coup. Investment from Japan plummeted by up to 90% after the coup and has yet to return to previousโ€ฆ

  • PropertyThe smarter way to invest: Achieve a dream life in paradise with Thailand Investment Property

    The smarter way to invest: Achieve a dream life in paradise with Thailand Investment Property

    Phuket, the jewel of Thailand, isnโ€™t just a holiday haven, itโ€™s a prime target for savvy global investors. Boasting year-round warm tropical climates, jaw-dropping beaches, and top-notch international amenities, this island resort has solidified its reputation as one of the worldโ€™s most desirable and secure markets for foreign investors. Do you want to stake a claim in this tropical utopia?โ€ฆ

  • Business NewsWHAUP to invest 2.3bn baht in renewable energy projects

    WHAUP to invest 2.3bn baht in renewable energy projects

    WHA Utilities and Power (WHAUP), a subsidiary of Thailandโ€™s largest industrial land developer WHA Corp, is set to invest 2.3 billion baht to bolster its operations and meet the rising demand for water and renewable energy in Thailand and Vietnam. A significant portion of this budget will be directed towards expanding renewable energy, aiming to achieve an electricity generation capacityโ€ฆ

  • GuidesHow to find trustworthy brokers in 2024

    How to find trustworthy brokers in 2024

    Nowadays, the majority of people are using online broker services to trade stocks and other assets. The top brokers out there are like all-in-one packages, providing top-notch customer service thatโ€™s quick on the draw and platforms for trading that are both easy to use and jam-packed with features. But with so many good online brokers available today, how do youโ€ฆ

  • Thailand NewsThailand boosts HDD production with 23.5 billion baht investment

    Thailand boosts HDD production with 23.5 billion baht investment

    Thailandโ€™s Board of Investment (BOI) approved a significant investment project by Western Digital Storage Technologies (Thailand) Co., Ltd., to expand its hard disk drive (HDD) and related equipment production. The project, valued at 23.516 billion baht, will take place in Bang Pa-in Industrial Estate, Phra Nakhon Si Ayutthaya province and 304 Industrial Park, Prachin Buri province. The Secretary-General of theโ€ฆ

  • Business NewsWestern Digital to invest 23 billion baht in Thai expansion

    Western Digital to invest 23 billion baht in Thai expansion

    Western Digital Storage Technologies (Thailand) received investment incentives from the Board of Investment (BOI) for a 23-billion-baht expansion aimed at capitalising on the burgeoning cloud and data centre industry. Western Digital, commonly known as WD, will utilise the new investment to enhance its production facilities located at Bang Pa-in Industrial Estate in Ayutthaya and the 304 Industrial Park in Prachinโ€ฆ

  • Business NewsCalls for action on Chinese investments in Thailand

    Calls for action on Chinese investments in Thailand

    The new Government of Thailand is facing calls to swiftly address the growing perception that Chinese products and investments pose a threat to Thai interests. This sentiment, if left unchecked, could harm Thailandโ€™s export and tourism sectors. President of the Panyapiwat Institute of Management and an expert on the Chinese and US economies, Sompop Manarungsan, emphasised the need for cooperationโ€ฆ

  • Crime NewsThai police arrest fraudsters behind billion baht investment scam

    Thai police arrest fraudsters behind billion baht investment scam

    Thai police apprehended members of a fraudulent investment scheme involving a false claim of raising funds to list shares on the American stock market, resulting in over 1 billion baht in financial damages. Arrest warrants reveal 59 charges against the suspects. Police Major General Phutthidej Boonkrapue, Head of the Economic Crime Suppression Division, directed the operation led by Police Colonelโ€ฆ

  • Thailand NewsGMM Music partners with Warner Music Asia in massive deal

    GMM Music partners with Warner Music Asia in massive deal

    GMM Music announced a strategic investment partnership with Warner Music Asia (WMA), one of the worldโ€™s leading music industry giants. WMA will invest 370 million baht in cash and provide a minimum guarantee payment of 315 million baht to accelerate GMM Musicโ€™s growth and expand the Thai music industry, the largest in Southeast Asia, to a global market. Chief Executive Officerโ€ฆ

  • World NewsRare Marvel T-shirt from 1997 sells for over 220,000 baht

    Rare Marvel T-shirt from 1997 sells for over 220,000 baht

    A rare Marvel T-shirt from 1997, featuring designs of Silver Surfer, Daredevil, and Spider-Man, has gone viral after an intense bidding war saw its price skyrocket past 200,000 baht on an online auction. The auction, started by Facebook user Sarayut Sakha, showcased a white T-shirt from 1997 with a chest measurement of 22.5 inches and a length of 29 inches.โ€ฆ

  • Thailand NewsGlobal investments start Southern Land Bridge project in 2026

    Global investments start Southern Land Bridge project in 2026

    The Southern Land Bridge megaproject is set to move forward, with companies from China, the United Arab Emirates, and the United States expressing interest in investing, according to the Office of Transport and Traffic Policy Planning (OTP). OTP Director-General Panya Chupanich stated that if everything proceeds as planned, construction will commence in 2026 and conclude in 2030. The Land Bridgeโ€ฆ

  • Thailand NewsThailand, China boost trade alliance amid investment opportunities

    Thailand, China boost trade alliance amid investment opportunities

    Thailand and China have engaged in discussions to enhance trade cooperation, focusing on expanding the market for Thai livestock products and fruits in China, while also welcoming Chinese investment in emerging industries within Thailandโ€™s Eastern Economic Corridor (EEC). Deputy Commerce Minister Suchart Chomklin, appointed by Commerce Minister Phumtham Wechayachai, participated in the third meeting of the Sub-Committee on Trade andโ€ฆ

  • GuidesWhich is the best copy trading platform?

    Which is the best copy trading platform?

    Copy trading has become increasingly popular with investors around the globe over the past decade. Itโ€™s considered a simple way to capitalise on market opportunities with little effort. But is it really a shortcut to making big bucks in the market, or is it too good to be true? What is copy trading anyway? With the help of XM, theโ€ฆ