Boris Sullivan

1 week 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.

3 weeks 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.

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

ASEAN’s digital payment system integrates national platforms like Singapore’s PayNow and Thailand’s PromptPay, facilitating smooth cross-border transactions. This initiative strengthens economic connections across Southeast Asia, allowing businesses and individuals to trade efficiently without incurring high costs or delays. Research suggests ASEAN’s digital payment system enhances economic integration by simplifying cross-border transactions and boosting trade.