Thailand Launches Tax Incentives for Biodegradable Plastic

Thailand Launches Tax Incentives for Biodegradable Plastic

The Ministries of Industry and Finance have joined forces to launch a new program of tax incentives designed to encourage businesses to reduce their use of non-biodegradable plastics and cut down on plastic waste. The tax reduction amounts to around 25% of what...
Bank of Thailand Set to Allow Virtual Banks

Bank of Thailand Set to Allow Virtual Banks

The Bank of Thailand (BOT) recently issued a Consultation Paper on Virtual Bank Licensing Framework to introduce virtual banks as new financial service providers. The BOT expects that virtual banks would operate in a sustainable manner to ensure responsible...
Thai Startup HD Brings the Sharing Economy Model to Healthcare Sector

Thai Startup HD Brings the Sharing Economy Model to Healthcare Sector

Thai startup HD is making the headlines for applying the sharing economy model in Southeast Asia’s healthcare sector. The startup offers a platform that helps three parties meet: surgeons with private practice, patients looking to have their surgeries done more...
Thailand Inaugurates First Digital Free Trade Hub

Thailand Inaugurates First Digital Free Trade Hub

Thailand has inaugurated its first digital free trade hub as part of a collaboration with Alibaba aimed at enhancing the logistics and e-commerce sectors. The hub is a free trade area located in Thailand’s Eastern Economic Corridor (EEC) and is meant to facilitate...