News & Insights — SLF Accounting
Accounting, tax and business updates for Bangkok and Koh Samui, Thailand.
- PP.30 VAT Return in Thailand: Myths Busted
Think PP.30 is optional or only needed when you make sales? Think again. Here's what Thailand's monthly VAT return actually requires and why.
- Thailand VAT Registration: Do You Need to Register?
Find out when VAT registration is required in Thailand, what the threshold is, and the practical steps to register your business correctly.
- Thailand bets big on AI despite talent shortage
Thailand is making headlines as Asia's most ambitious artificial intelligence market, according to a new survey by Alibaba Cloud conducted by NielsenIQ across eight Asian markets. The AI Business Application Readiness and Accessibility Survey found that 79% of Thai enterprises…
- Online sellers voice concerns over platforms
Thailand's online sellers are raising serious concerns about e-commerce platform practices, following a meeting between the Thai E-Commerce Association and the Trade Competition Commission of Thailand (TCCT) held on Tuesday, 5 August 2026. The TCCT has since opened a formal…
- Commission to review competition guidelines
Thailand's Trade Competition Commission (TCCT) is reviewing its competition guidelines across three key sectors: digital platforms, modern trade, and on-demand delivery services. The review comes after studies of market structures and business feedback from several provinces…
- Thailand leads regional peers in digital trust ranking
Thailand has been ranked the leading nation in digital trust across Southeast Asia, according to a new report by e-commerce data providers Cube and Impact.com titled "E-commerce Influencer and Affiliate Marketing in Southeast Asia 2026." The report describes Thailand as the…
- Thailand moves closer to currency watchlist removal
Thailand is moving closer to being removed from the US Treasury's Currency Monitoring List, according to a report published by the Bangkok Post on 1 August 2026. The Bank of Thailand expressed confidence that Thailand could be taken off the list in the next review cycle.…
- True chief sets out plans to create AI tech powerhouse
True Corporation's chief executive Sigve Brekke has outlined an ambitious plan to transform the company into an AI-first technology powerhouse, three years after the landmark merger of CP Group's True and Telenor's dtac reshaped Thailand's telecom industry. Speaking to the…
- Line BK targets double-digit loan growth
Line BK, one of Thailand's first digital banking platforms, is targeting double-digit loan growth for the full year 2026 after reporting solid performance in the first half despite challenging economic conditions in Thailand. According to a Bangkok Post report published on 31…
- CKPower Wins Two Thailand-Japan Decarbonization Awards 2026
CKPower, one of the region's largest producers of electricity from renewables, has received two prestigious awards at the Thailand-Japan Decarbonization Award 2026, organised by the Technology Promotion Association (Thailand-Japan). The company received a Golden Award for its…
- Corporate loans propel bank growth
Thailand's major banks have reported steady loan growth in the first half of 2026, according to a Bangkok Post report published on 29 July 2026, with corporate lending emerging as the primary driver across the sector. The six domestic systemically important banks in Thailand,…
- Vietjet presses on with Udon plans
Vietjet Thailand is pushing ahead with its expansion plans despite ongoing challenges from volatile fuel prices and cautious consumer spending. The airline's chief executive Woranate Laprabang acknowledged that the conflict in the Middle East continues to create uncertainty…
- The robot army is coming
Thailand is making a serious push to become a regional hub for humanoid robotics, and the implications for business and investment in the country are significant. According to a Bangkok Post report published on 27 July 2026, Thailand is leveraging its established automotive and…
- Criminal complaint filed in share-reporting case
Thailand's Securities and Exchange Commission has filed a criminal complaint against an investor named Supaporn Phimpong for allegedly submitting false share ownership and trading reports involving six major listed companies. According to the Bangkok Post, the filings claimed…
- Self-reporting scandal prompts reform calls
A recent Bangkok Post report has brought renewed attention to Thailand's securities disclosure system following a case that has shaken confidence in the country's capital markets. According to the article, a person named Supaporn Phimpong submitted a series of false Form 246-2…
- Thailand among countries still on US Treasury's currency monitoring list
Thailand remains on the US Treasury Department's currency monitoring list, according to the Treasury's latest semi-annual currency report published on July 24, 2026. The report, conducted in accordance with the Omnibus Trade and Competitiveness Act of 1988, confirmed that no…
- Banker urges building up seaports
Thailand's infrastructure strategy is gaining fresh momentum, with new voices from the banking sector weighing in on the country's long-term connectivity plans. A senior executive at Bangkok Bank, Kobsak Pootrakool, has suggested that a revised transport network connecting…
- Sun PhuQuoc Airways expands Thailand push
Vietnam's newest airline, Sun PhuQuoc Airways, is ramping up its presence in Thailand as part of an ambitious international expansion strategy. The carrier, owned by Vietnamese conglomerate Sun Group, plans to launch daily flights between Bangkok and Phu Quoc Island next month,…
- EU keen on investment, seeks regulatory reforms
EU Keen on Investment but Calls for Regulatory Reform in Thailand European businesses are signalling strong interest in investing across Thailand, but are calling on the government to accelerate regulatory reforms before that potential can be fully realised. Noel Clehane,…
- Policy continuity essential to EEC success
Thailand's Eastern Economic Corridor continues to draw attention as a cornerstone of the country's investment strategy. Dhanakorn Kasetrsuwan, chairman of the Thai National Shippers' Council, has stated that the EEC remains one of Thailand's most strategic developments and a…
- TrueMoney unveils new digital payment service
TrueMoney, Southeast Asia's leading fintech platform under Ascend Money, has launched what it describes as Thailand's first inclusive tap-to-pay digital financial service, marking a significant step forward in the country's contactless payments landscape. The service introduces…
- What's on tap for the Thai shrimp industry?
Thailand's shrimp industry is facing renewed scrutiny following Malaysia's suspension of Thai shrimp imports, which took effect on June 1 this year. The ban covers five species including whiteleg shrimp, black tiger shrimp, tiger prawn, banana shrimp and blue shrimp. Malaysian…
- Gold prices face turbulence as oil, Fed risks increase
Gold prices are facing near-term turbulence, according to Thailand's leading gold trader MTS Gold, with the chairman Kritcharat Hirunyasiri warning of downside risks over the next one to two months driven by oil prices and US Federal Reserve policy. Mr Kritcharat stated that if…
- Alliance Laundry Systems (ALS) names Thailand key market for Southeast Asia expansion
Thailand is emerging as a key growth market for global commercial laundry equipment provider Alliance Laundry Systems (ALS), which reaffirmed its regional commitment at the Wealth Investment 2026 conference, the 7th Thailand Wealth Conference, held under the theme "Global…
- Luxury car sales likely to slow amid stricter lending
Thailand's luxury car market is facing headwinds, and the numbers tell a clear story. According to the Bangkok Post, new registrations of premium and luxury vehicles dropped 19.1% year-on-year in the first quarter of 2026, falling to 6,518 units as reported by the Department of…
- Agency pursues growth through niche tourism
Thailand's Tourism Authority (TAT) has outlined an ambitious growth strategy focused on quality over quantity, targeting between 2.76 and 2.9 trillion baht in tourism revenue for 2027 from both international and domestic markets. At the TAT Action Plan 2027 meeting, Tourism and…
- Hyundai to export Thai BEVs to Australia
Thailand's role in the global electric vehicle supply chain continues to grow. Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group, has announced plans to export battery electric vehicles produced at its Thai manufacturing plant to Australia, with…
- Cash deposits over B5m to face mandatory disclosure
Important regulatory update for anyone banking or doing business in Thailand. The Bank of Thailand has announced that customers depositing more than 5 million baht in cash will be required to disclose the source of those funds, with the rule set to take effect in the fourth…
- Avatar attraction to anchor Asiatique renovation
Major development news out of Bangkok that investors and business owners in Thailand will want to take note of. SET-listed Asset World Corp (AWC) has announced an 8-billion-baht investment to redevelop Asiatique The Riverfront in Bangkok, transforming it into a family-oriented…
- Nestlé allocates B23bn for new plant
Nestlé has announced a 23-billion-baht investment to build a new Nescafé manufacturing facility in Samut Prakan, Thailand. The announcement was made on 10 July 2026 and marks a significant commitment to the company's coffee operations in the country. The new facility will focus…
- BoT: Headline inflation likely below projection
Thailand's headline inflation for 2026 is expected to come in below the Bank of Thailand's previous forecast of 2.8%, according to central bank executives speaking at the Monetary Policy Forum on Wednesday, 9 July 2026. The primary driver behind the revised outlook is declining…
- Chinese tech leaders step up push into local AI market
Chinese technology firms are accelerating their push into Thailand's enterprise AI market, with agentic AI being positioned as the next major phase of business transformation, according to a report published by the Bangkok Post on 8 July 2026. Boston Consulting Group analysis…
- Data centre industry touts economic benefits
Thailand's data centre sector is making a strong economic case to the government, arguing that the country's surplus power capacity represents an untapped national asset rather than a source of strain on resources. According to the Thailand Data Centre Association, the sector's…
- MoU to ramp up trade with Canada
Thailand and Canada have taken a significant step toward deepening economic ties. Export Development Canada, Canada's export credit agency, has signed a Memorandum of Understanding with the Export-Import Bank of Thailand to advance bilateral investment and increase trade and…
- Govt backs 2026 investment push
Thailand's government has reaffirmed its commitment to making 2026 the "Year of Investment," with Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas outlining a broad strategy to mobilise hundreds of billions of baht in public and private investment to support…
- Green manufacturing offers opportunity
Thailand is stepping up its push toward green manufacturing, with the bio-, circular and green (BCG) economic model at the heart of the country's long-term climate and economic strategy. Though BCG was first declared a national agenda item in 2021 under former prime minister…
- Honda targets hybrid EV leadership in the Thai market
Honda Automobile (Thailand) has announced an ambitious strategy to challenge Chinese-dominated electric vehicle sales in Thailand by positioning hybrid electric vehicles as the core of its lineup. According to a report published by the Bangkok Post on 3 July 2026, Honda expects…
- Bangchak fuels North Asia push with B9bn Caltex petrol stations deal
Thailand's Bangchak Corporation has completed the acquisition of 100% of shares in Chevron Hong Kong from Chevron Companies (China) in a deal worth HK$2.1 billion, equivalent to approximately 9 billion baht. The transaction was announced on Tuesday and marks a significant step…
- E-commerce platforms asked to collect income tax from sellers in Indonesia
Indonesia is stepping up digital tax enforcement. The country's tax office has formally asked major e-commerce platforms, including Tokopedia, Shopee, Lazada, and Blibli, to begin collecting income tax from sellers operating on their platforms. The policy is set to take effect…
- Saha Group taps global AI partners for digital push
Saha Group makes a major move into AI and digital transformation E-commerce Digital Thai Holding Plc (EDTH), the digital investment arm of Saha Group, has signed a memorandum of understanding with TrueBusiness, EGG Digital, and Japan's SoftBank Corp to accelerate the adoption…
- Chinese cosmetic brands enjoy rising popularity
Chinese cosmetic brands, known as C-beauty, are gaining ground in Thailand, driven largely by the growing presence of Chinese entertainment and streaming platforms in the country. This is according to senior figures from two of Thailand's leading cosmetic producers, speaking to…
- Bakery expands, Tokyu eyes Si Racha
SLF Legal I Thailand Business Update Two significant investment developments in Thailand have caught our attention this week, both with implications for business owners and investors watching the Kingdom's growth sectors. SET-listed President Bakery, producer of the Farmhouse…
- Kingdom targets slice of $4tn commercial boom
Thailand is positioning itself to capture a share of the growing global pink economy, which currently holds an estimated market value of around US$4 trillion and could reach up to US$7 trillion within five years. These figures were shared at the Bangkok Post Pride Dialogue…
- New electronic transactions law essential
Thailand is updating its digital legal framework, and if you conduct any business here, this matters to you. The Electronic Transactions Development Agency is currently drafting a brand new electronic transactions law to replace the outdated 2001 version. That original law was…
- Bond market shrinks as investors mull quality
Thailand's corporate bond market has contracted in the first five months of 2026, and the reason is worth paying close attention to. Investors are becoming increasingly selective, driven by concerns over credit quality, rising funding costs, and an uncertain economic outlook.…
- Infrastructure fund to help finance rail buyback plan
Thailand's government has announced a significant move in the public transport sector, with plans to buy back the concessions of all electric train lines in Greater Bangkok at a cost of 200 billion baht. The funding is expected to come from the Mass Rapid Transit Authority of…
- Govt launches new Thailand Fast Pass to give investors an easier ride
Thailand just made a major move for investors. The government is launching the "Thailand Fast Pass" scheme, a new initiative designed to speed up the approval process for major investments and cut through the regulatory red tape that has historically slowed things down. Finance…
- Preventive care trendy in Thailand
Here is a social media post for SLF Legal based on that news: Thailand is embracing a powerful shift in mindset when it comes to health. Preventive care, longevity, and healthy ageing are now among the fastest-growing trends in the country, and that is attracting serious…
- Clicx debuts with special interest rates of up to 4%
Thailand just got its first virtual bank — and it's making a bold entrance. Clicx, Thailand's inaugural virtual bank, officially launched today with deposit interest rates of up to 4% per year. That's a significantly more attractive return compared to what most traditional…
- FTI says chip sector needs more than investment
Thailand's semiconductor ambitions are bigger than just attracting foreign capital, and the Federation of Thai Industries is making that point loud and clear. The FTI has stated that while foreign investment is a welcome and necessary piece of the puzzle, Thailand cannot build…