Boris Sullivan

1 month ago | thailand-business-news.com | Boris Sullivan

Establishing a representative office in Thailand is a simple process for foreign companies aiming to create a presence in the country without conducting profit-driven activities. Here’s a step-by-step guide based on the latest regulations as of April 10, 2025. A representative office in Thailand acts as an extension of a foreign company and is limited to non-revenue-generating activities. These activities include:Sourcing goods or services in Thailand for the head office.

1 month ago | thailand-business-news.com | Vivian Wei |Boris Sullivan

The six leading Asian economies—China, Japan, South Korea, India, Taiwan, and Indonesia—exhibit notable differences in their reliance on the U.S. market, influenced by their unique export profiles, trade dynamics, and economic frameworks. With Trump’s 104% tariff on Chinese imports and a 10% baseline tariff on all countries (plus additional reciprocal rates) now in effect, these dependencies are under fresh scrutiny.

1 month ago | thailand-business-news.com | Boris Sullivan

A powerful 7.7 magnitude earthquake has struck Myanmar and the surrounding region. The iconic Ava Bridge in Mandalay has collapsed into the Irrawaddy River. In Bangkok, many people were standing outside their buildings after feeling the tremors, but no casualties have been reported so far.

1 month ago | thailand-business-news.com | Li Zhong |Boris Sullivan

The tokenization market in Asia is emerging as a global leader in the digitization of assets, driven by rapid technological adoption, supportive regulatory frameworks, and a burgeoning demand for secure, efficient financial systems. Tokenization—the process of converting real-world assets (RWAs) or sensitive data into digital tokens on a blockchain—has gained significant traction across the Asia-Pacific (APAC) region.

1 month ago | thailand-business-news.com | Zhang Fang |Boris Sullivan

Chinese investment has become a cornerstone of Thailand’s economic strategy, particularly as of early 2025. This investment spans diverse sectors, with a notable focus on high-tech and manufacturing, driven by government incentives and bilateral agreements. Chinese investment in Thailand is significant and growing, with China being a top foreign investor. It seems likely that in 2023, Chinese firms committed over 90 billion baht in the first eight months, reaching 159.3 billion baht for the year.