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Street food restaurants on Banthat Thong Road in Bangkok. (Photo: bangkokpost.com)

Thailand offers new incentives to support SMEs

One key measure to support Thai entrepreneurs is an increase in the corporate income tax (CIT) benefits granted to BOI-promoted SMEs, which will now receive a five-year CIT exemption equal to as much as 100% of their investment in enhancing their capabilities and improvements, up from the previous three-year CIT exemption capped at 50% of investment.
Thailand promotes investment in ASEAN

Thailand promotes investment in ASEAN

Thailand's Board of Investment (BOI) plans to open its representative offices in Myanmar and Vietnam in 2017 and in Indonesia in 2018, as part of the country’s strategy to expand investment in ASEAN member nations.
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