News & Insights — SLF Accounting
Accounting, tax and business updates for Bangkok and Koh Samui, Thailand.
- 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…
- Checkpoint reopening to boost Myanmar trade
The Myawaddy border checkpoint between Thailand and Myanmar has officially reopened, and this is welcome news for businesses operating across the region. According to Thailand's Department of Foreign Trade, the resumption of activity at this key crossing is expected to give a…
- GSB partners with AMCs to expand access to funds
Great news for those looking to grow their wealth while living or investing in Thailand. The Government Savings Bank, one of Thailand's most established state-owned financial institutions, has announced a partnership with 10 asset management companies to expand investment and…
- Thailand recommended to cultivate AI 'super talents'
Thailand is making serious moves in the artificial intelligence space, and the conversation is shifting fast. Industry leaders are now calling on the country to move beyond basic AI training and focus on developing world-class deep-tech talent that can drive a new era of…
- Banks tighten buy now, pay later rules
Thai banks are tightening the rules around Buy Now, Pay Later services, and it is a development worth paying attention to if you are living, investing, or running a business here in Thailand. Krungthai Bank and Kasikornbank are both reviewing their BNPL offerings and reshaping…
- Visa shift unlikely to deter Indians
Thailand has recently shifted from visa-free entry to a visa-on-arrival scheme for Indian tourists, and while some may wonder about the impact on travel and tourism, industry insiders suggest this change is unlikely to slow down the flow of Indian visitors to the country. For…
- Firms push for wider co-pay eligibility
The Thai Retailers Association is pushing for significant changes to the "Thai Chuay Thai Plus" co-payment scheme, calling for eligibility to be expanded to businesses of all sizes, not just a select category. For business owners and investors operating in Thailand, this is…
- K-Asset flags stretched Thai valuations
With the SET index recently breaking above 1,600 points, Kasikorn Asset Management is urging investors to take a more careful and selective approach to Thai equities. Their message is clear: much of the good news has already been priced into the market. For expats and foreign…
- InsureX targets B10bn in premiums
Here is a social media post for SLF Legal based on this news: Big moves in Thailand's insurance sector worth paying attention to. InsureX, the insurance brokerage arm of Siam Commercial Bank, has announced an ambitious plan to reach 10 billion baht in total premiums and grow…
- Used car sales to stay stagnant in 2026
Here is a social media post for SLF Legal based on that news: Thailand's used car market is expected to stay flat in 2026, largely due to the competitive pricing of new vehicles, especially electric cars flooding the market. For expats and investors in Thailand, this kind of…
- Rising data centre demand pressures power capacity
Thailand's energy grid is feeling the pressure — and it's a conversation that directly affects businesses operating here. As demand for data centres and resource-intensive operations continues to rise across the country, Thai energy authorities are now moving to expand national…
- Nominee structures thrust into the spotlight
The recent crackdown on alleged nominee structures on Koh Phangan has sent a clear message to the property market across the Gulf of Thailand, and it is one that every foreign investor and business owner in the region should take seriously. For years, nominee arrangements have…
- Thai headline inflation at 2.79% in May, below forecast
Thailand's headline inflation came in at 2.79% in May, slightly below forecast according to the Commerce Ministry. While this may sound like a purely economic headline, it carries real implications for expats, investors, and business owners operating in the Kingdom. A more…
- CPN set to unveil Central Northville in Nonthaburi
Central Pattana's upcoming launch of Central Northville in Nonthaburi, set to open on July 3 with a 4.5 billion baht investment, is another strong signal that Thailand's retail and commercial property sector continues to attract serious capital. For expats and investors…
- KTAM touts balanced diversification strategy
With global markets facing ongoing economic uncertainty, inflationary pressures, and geopolitical tensions, investment strategy has never been more important for those building a financial future in Thailand. Krungthai Asset Management recently highlighted the importance of…
- Inflation set to top 5% this year amid surge in oil imports
Inflation in Thailand is expected to reach 5.2% by October this year, according to the Bank of Thailand, with rising oil import costs and government subsidy adjustments playing a significant role in this increase. For expats, business owners, and investors operating in…
- VietJet commits to new aircraft despite turbulence
Thailand's aviation sector continues to show resilience, and VietJet Thailand's commitment to replacing its entire fleet with 50 new Boeing 737-8 aircraft over the next three years is a clear signal of long-term confidence in the Thai market. For expats, investors, and business…
- Russian condo tranfers surge by 33% in first quarter
Russian buyers are making a serious move in Thailand's property market. New data from the Real Estate Information Center shows Russian condo transfers surged 33% in Q1 2026, with 383 units worth 1.66 billion baht changing hands. That represents a 69% jump in value year-on-year,…
- Sansiri upbeat on low-rise
Thailand's Property Market Shows Resilience: What It Means for Expat Investors Sansiri, one of Thailand's most prominent SET-listed developers, is pushing forward with confidence on low-rise project launches this quarter, citing easing interest rates and strong inventory…