The BOI has added ‘The modification of software, digital platforms, or digital content’ to the targeted type of business. As a condition, the companies are required to invest a minimum of THB 1.5 million Baht in Thai IT personnel, etc. to be eligible for promotion.
The automotive industry is one of the focus industries promoted by the Thailand Board of Investment (BOI), and ranked among the top three industries with the highest number of approved projects that attracted approximately THB 42,200 million in investment to Thailand in 2023. In recent years, the BOI has introduced measures to attract….
On February 7, 2024, the Board of Investment of Thailand (BOI) announced new investment measures to attract more investment. These measures support not only new investors, but also existing investors as well as to encourage those manufacturing projects that strengthen regional headquarters business operations in Thailand.
Thailand Board of Investment (BOI) has issued new announcements that set out the BOI’s policies and key criteria for investment promotion and the updated list of activities that are eligible for investment promotion. Read more…
BOI has recently approved the framework of its new investment promotion strategy for the next five years (2023-2027). It will formulate its future investment promotion policies around several pillars which related to international investment. For example, the upgrade of existing industries, the promotion of Thailand as an international business center, and trade and investment gateway of the region. Read more…
The year 2022 marks a noteworthy year for a quantum leap in Thailand’s electric vehicle (EV) market. In this newsletter, we take a look at what to expect in Thailand’s EV space, along with what has been happening during the first half of 2022, including the new tax rates for EVs, EV-related investment promotion, and efforts and collaboration among public and private sectors. Read more.
We discuss sustainability and ESG (environmental, social, and governance) trends and measures of the Board of Investment (BOI), including measures to promote Thailand as the regional EV hub, special measures to promote to improve production efficiency, and more. (two-part article).Read more (part 1)Read more (part 2)