Infinity Levels Studios Raises 500k

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Infinity Levels Studios (formerly known as Avalable) Raises 500k in a convertible bond. The funds will be used to improve animal racing game Ranch Run, which will be launched worldwide next year.   Thailand-based gaming studio Infinity Levels Studio has raised US$500,000 from InVent, the venture arm of Thai firm Intouch Holdings PCL. Ranch Run […]

Thai SME VC Fund

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A venture-capital fund worth 25 billion Baht (roughly USD$ 757M)  will be set up to invest in SMEs with high potential in Thailand. The cabinet has already approved establishment of the SME fund and the first 500 million baht likely will be injected into it in February. Finance Minister Sommai Phasee said: The fund will […]

New BOI Policy for Investment 2015

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A presentation on the BOI criteria for the next 8 years was recently released on their website. Here is a quick summary of changes/details: The big winner is “knowledge based activities, with a focus on R&D and Design” – I suspect we shall see many applicants in this category Zones have been done away with […]

BOI approves “Seven-Year Investment Strategy” Special investment incentives offered for SMEs

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BOI approves “Seven-Year Investment Strategy” Special investment incentives offered for SMEs The Board of Investment (BOI) has approved its “Seven-Year Investment Strategy” (2015-2021), with a focus on promoting investments that create value for Thailand and those that have a positive impact on society and the environment. Measures were also approved to upgrade Thai SMEs’ capability. […]