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Registered with Thailand FDA, ready to compete for the 100 billion market share in Thailand’s healthy snacks market!
Thailand’s healthy snack market is booming, leading the new trend of global snack consumption. Recently, the Thailand FDA has been actively regulating this growing market. The Booming Healthy Snack Market in Thailand: Regulatory Developments by the FDA With the rise of global healthy consumption trends, Thailand’s snack market has shown strong growth potential. According to
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Thai Police Seize Large Quantity of “Three-No” Food Imported from China; Nine People Taken for Investigation
Thai police crack down on illegal food sales and seize a large number of “three no” products At 1 pm on April 24, the Pathum Thani police in Thailand joined hands with the Science and Technology Crime Prevention Department to conduct joint law enforcement. Based on consumer reports, the law enforcement department raided a warehouse
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Setting up a company in Thailand: what you need to know!
In recent years, the Southeast Asian economy has rapidly risen, attracting many domestic enterprises and investors. While Thailand’s per capita GDP still lags behind China, it offers numerous business opportunities and maintains steady economic growth.A large number of Chinese companies have set off a trend of opening branches in Thailand. Leading companies in various industries
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Shopee shifts strategic focus to livestreaming, sees real-time sales as key to growth
Livestreaming Takes Center Stage: Shopee’s Strategic Focus Shopee’s strategic focus shifts to livestreaming. Shopee and TikTok are emerging as important players in Thailand’s rapidly evolving e-commerce landscape, each leveraging unique strategies to capture market share and attract users. Shopee’s recent moves to increase its livestreaming e-commerce efforts and enhance its affiliate marketing platform highlight its
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VAT Collection on Imported Goods: Key Details
Treasury Implements VAT Collection on Imported Goods Order the Value Added Tax (VAT) to be collected on products worth less than 1,500 baht. Assign the platform to be the one to remit the tax. The draft law is expected to be enforced within. Mr. Chulaphan Amornvivat, Deputy Minister of Finance, revealed news after today’s Cabinet
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The competitive environment in Thailand’s e-commerce market will become more intense in 2024
Thailand’s e-commerce market landscape is undergoing significant changes, characterized by increased competition, technological advancements and changing consumer behavior. As we explore the market in 2024, we find several factors. These factors show the increase in competition in Thailand’s e-commerce space. Growth and market value Thailand’s e-commerce market is expected to achieve new heights. The market
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3 tax matters that Thai e-commerce people must know
The process of industrial digitization continues to accelerate globally, and the era of transformation of the digital economy has arrived. Swept by the wave of digitalization, Thailand is transforming in the digital world. The government is committed to developing the digital industry. The aim is for the digital industry to contribute more than 30% to
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Legal Risks of Nominee Shareholders in Thailand
In Thailand, the 1999 Foreign Business Act (FBA) intricately defines the landscape of foreign business ownership by setting clear boundaries for foreign participation in Thai companies.At the heart of these regulations is a cap that generally restricts foreign shareholders to owning no more than 49% of a Thai company. This legislative measure aims to balance
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Thai wine tax exemption: officially effective on February 22, 2024!
Thailand’s Wine Duty-Free Policy Comes into Effect Thailand’s wine duty-free policy finally comes into effect from 22nd Feb! This change follows years of debate over the high Thai wine tax affecting consumers and the industry. A Landmark Change in Thailand’s Wine Tax Policy A significant change in Thailand’s trade landscape came with the reduced tariffs
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Shopee Thailand will change the standard of e-commerce delivery to a new benchmark with its fast shipping program
Strategic Collaboration: Shopee Express and Sellers Shopee Thailand’s recent fast shipping program is known as the Shopee Rapid Delivery Program. It aims to increase customer satisfaction by ensuring next-day delivery. I will analyze the features and advantages of this plan for you below. Shopee Thailand has launched the Shopee Rapid Delivery Program. This initiative will