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Rapid development in ICT leads to intense competition in Thailand
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The Thai telecommunications sector is continuing to develop rapidly. Following the historic auctions of 2015, 4G services are quickly being deployed and subscribers have migrated to the new technology. Content and value-added services are being offered to fill the newly available bandwidth, while the sector is becoming more data-centric. Operators are now testing advanced, next-generation technologies,…

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Thailand's government seeks to provide greater medical coverage
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Thailand delivers health care effectively, fairly and at a relatively low cost. Its Universal Coverage Scheme (UCS) together with two other national programmes provide good basic benefits to all Thais, and now to most residents of the county. Because of its success Thailand is sometimes regarded as a health care model in the developing world. More broadly, the country has tackled and continues…

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Thailand's education sector struggles to produce positive results
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Selected headline numbers generated by the Thai education sector have been encouraging. The country has a high rate of literacy, an increasing number of top-rated universities, long school-life expectancy, a strong history of education and a large education budget. Globally and regionally, it compares well by these measures. The country also has ambitions to become a major educational centre,…

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Legal policies provide incentives and encourage investment in Thailand
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The Thai government has long believed in an open, laissez faire economy. Foreign investment is welcome, and various types of incentives – either tax incentives or non-tax incentives – are granted to attract foreign investment through government agencies, such as the Board of Investment (BOI) and the Industrial Estate Authority of Thailand (IEAT), and bilateral agreements that bind Thailand…

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Agriculture remains crucial to Thailand's economic growth
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Although Thailand in recent years has focused on creating a more forward-thinking, modern economy, ranking second only to Singapore in financial clout within the ASEAN block, the country’s agricultural sector still remains a crucial cog in the engine driving the country forward. It continues to capitalise on its long-standing farming tradition and favourable climate as it retains its enviable…

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Thailand's recent tax changes and regulations
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The major taxes imposed in Thailand are: Corporate income tax: Thai incorporated entities are generally subject to tax on their worldwide income, while foreign incorporated companies are subject to tax on income derived from carrying on business in Thailand or on certain categories of income paid from Thailand. The standard corporate tax rate is 20%. Petroleum income tax: Petroleum, including…

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Thailand's Hotel Listings
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INTERCONTINENTAL HOTEL BANGKOK 73 Phloen Chit Road, Lumpini, Pathumwan, Bangkok 10330 T: +66 2 656 0444 F: +66 2 656 0555 intercon@ihgbangkok.com www.bangkok.intercontinental.com Rooms: 381 luxury rooms. Business & Conference Facilities: 22 multi-function rooms, including Grand Ballroom. Exhibition area with capacity up to 2000 with audio-visual equipment. Health & Leisure Facilities:…

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Helpful tips for travellers
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Etiquette The kingdom is a predominantly Buddhist country, with Muslim and Christian minorities. Since the 1960s the country has been one of the most popular tourist destinations in the world and as a result caters to visitors from different cultures. In business settings it is common to refer to individuals by their first name preceded by the title “Khun”. Language Thai is the official language…

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The film industry focuses on attracting further investment
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Thailand’s film industry stands at a crossroads in 2017, as both the potential benefits and challenges brought on by increasingly globalised film industries have re-oriented the sector towards targeting revenue from foreign productions and joint ventures, as the number of domestically produced films wanes. Golden Age Often credited as the starting point of the Thai film industry, King Chulalongkorn’s…

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Retail in Thailand shaped by food and beverage, health and beauty, and online platforms
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Following a few uncharacteristically slow years for the Thai retail industry, vendors are looking to build on the momentum created in 2016 and continue to expand nationwide sales into the next decade. Boasting the second-largest economy in the ASEAN region and attracting millions of tourists each year, Thailand has developed into a shopping destination not just for the domestic population –…