What You Need to Know About Thai Labor Law

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If you’re starting your own business in Thailand you’ll no doubt need to have some employees. Therefore, it’s a good idea to get yourself acquainted with the essential points of Thailand’s labor law. The most important piece of legislation governing laws for the protection and welfare of employees is the Labor Protection Act of 1998. […]

Thailand Tech Startup Association Makes Debut

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The Thailand Tech Startup Association has made its official debut in order to build a strong community of tech entrepreneurs in Thailand. The group, representing Thailand’s front-line of tech startup entrepreneurs, announced the establishment of the “Business Association for the Promotion of New Technology Entrepreneurs”—which was given the official English name “Thailand Tech Startup Association”—in […]

Academics Ask for 1 Billion Baht Fund for Thai SMEs to Prepare for AEC

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Academics in Thailand are hoping to establish a fund to help finance small and medium-sized enterprises (SME) in Thailand to the tune of 1 billion baht. The proposed fund is intended to help local companies secure investment in time for the opening of the Asean Economic Community (AEC), which will take place next year. The […]

Thailand BOI Company vs. Malaysia Labuan Company

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Thailand and Malaysia are a pair of emerging Asian “Tiger Cub” economies that each have their own system for encouraging foreign investment. To attract foreigners to set up businesses in each country, we have the Thailand Board of Investment (BOI) promotion one one side and the Malaysia Labuan Company on the other. Each of these […]

Thailand’s New BOI Jumpstarts Investment with Approval of Projects Totaling $3.7 Billion

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The first meeting of Thailand’s new Board of Investment (BOI) was held on Wednesday, June 18. After taking over control of the country in a military coup, Gen. Prayuth Chan-ocha assumed chairmanship of the new 18-member board. The old BOI had accumulated a backlog of projects awaiting approval. Mirroring the quick action it has taken […]

IdeaBox Startup Incubation Program Officially Launched by Ooredoo Myanmar

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In Thailand’s western neighbor Myanmar, only 10 percent of the population currently owns a mobile phone. Nevertheless, Qatar based telecom Ooredoo sees this not as an obstacle but rather as an area ripe for incredible growth in the coming years. In order to fulfill this vision, it is launching the Ideabox Startup Incubation Program through […]

Get in Now While the Timid Avoid Thailand

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In the 2004 letter to the shareholders of Berkshire Hathaway, Warren Buffet made the comment that we should strive to “be fearful when others are greedy and greedy only when others are fearful.” If that advice resenates with you, it might be a good time to start a company in Thailand. Thailand has recently had […]