The Thailand Board of Investment (BOI) grants investment promotions for the development of software, digital platforms, or digital content. Previously, minor developments or modifications did not qualify for investment promotion from the BOI, and the BOI maintained a negative list of activities that did not qualify as development. However, on 15 March 2024, the BOI issued a new notification announcing a new promoted activity: the modification of software, digital platforms, or digital content.
On 7 February 2024, the Thailand Board of Investment (BOI) issued several investment promotion measures under the announcements as follows:- 1) Investment Promotion Measure for Social and Local Development 2) Retention and Expansion Program 3) Relocation Program 4) Investment Stimulation Measure for Economic Recovery
The Trade Competition Commission of Thailand plans to focus on competition in the digital sector in 2024. The TCCT’s focus on the digital sector is consistent with recent efforts of competition regulators in other jurisdictions.
“Sustainability Solution EP.5: Thai investment agency’s move to promote sustainability” is presented by our Sustainability partner Nam-Ake Lekfuangfu, Chana Sooppipat and Jaywon Yi from our Corporate practice group, who are experienced in foreign investment. In this episode, our team discusses promotion schemes offered by the Board of Investment of Thailand related to sustainability, covering various industries. This video is in Thai with English subtitles.
In our series “Instant Competition,” the Competition team at Baker McKenzie discusses the Thai Trade Competition Act and its impact on business operators across all industries.
In our fourth episode “Instant Competition EP4: Trade Competition -Sustainability and ESG,” our team discusses key competition considerations we may consider when implementing Sustainability and ESG policies. This video is in Thai.
The Thailand Board of Investment (BOI) has issued new announcements to respond to new businesses and future investment trends and to attract investors to invest in Thailand. The BOI aims to boost innovation, competitiveness, and inclusivity as well as sustainable development of Thailand’s economy in accordance with the current National Economic and Social Development Plan and the country’s development policies.
Following the public hearing in March 2022, the Trade Competition Commission of Thailand published an amendment to the guideline on fair trade practices relating to credit terms with small and medium enterprises under section 57 (unfair trade practices) of the Competition Act 2017. This is the first amendment after the guideline became effective in December 2021.
In an article published for ELA briefing, Jon Tuck and Richard Cook discuss the latest Employment Appeal Tribunal decision considering the unlawful inducement relating to collective bargaining under section 145B of the Trade Union and Labour Relations (Consolidation) Act 1992.
In Part 1 of our newsletter on sustainability and investment promotion, we discussed the current climate of a drive towards sustainability goals and the role of the Thailand Board of Investment in supporting businesses in this direction. In this second part, we will elaborate on measures adopted by the Thailand Board of Investment so far, including: measure to promote Thailand as the regional EV hub; measure to promote sustainability-related activities; special measures to improve production efficiency; and measure to promote a grassroots economy.
Sustainability Solution EP.5 – Thai investment agency’s move to promote sustainability” is presented by our Sustainability partner Nam-Ake Lekfuangfu and Corporate lawyers experienced in foreign investment, Chana Sooppipat and Jaywon Li. In this episode our team discusses promotion schemes offered by the Board of Investment of Thailand related to sustainability, covering various industries.
This video is in Thai with English subtitles.