Thailand's push to be an international headquarters hub gains steam
Bangkok
THAILAND has been tweaking its regulations to attract more international headquarters, trading and treasury centres to the kingdom since 2015, with reasonable results. The government is now under more pressure from the ballooning office property sector to make the policy a success.
Thailand has been pushing itself as an alternative hub for international headquarters (IHQs) to Singapore and Hong Kong (HK) since 2000, but the policy only gained traction in 2015 when new tax and non-tax incentives were added to the programme.
Singapore and HK have been the main locations for IHQs for decades, with each bo…
A NEWSLETTER FOR YOU
Asean Business
Business insights centering on South-east Asia's fast-growing economies.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Asean
Vietnam holds first gold auction in 11 years to stabilise market
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
Thailand to replace military-appointed Senate, reduce its powers
Vietnam tech giant VNG seeks global push in gaming, AI cloud
Thailand’s 500 billion baht stimulus project gets Cabinet approval
Malaysia to build region’s largest chip design park in bid for top startup-hub status