INSIGHT

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DOING BUNIESS IN THAILAND | DRKI

May 2024

Thailand, covering 514,000 square kilometers in South East Asia, boasts diverse geographical features such as the central plain dominated by the Chao Phraya River. Bordered by Myanmar, Laos, Cambodia, and Malaysia, the country is divided into four regions. Bangkok, the sprawling capital with, as of 2023, approximately 11.5 million people, serves as the commercial and industrial nucleus, situated along the Chao Phraya River. Other major cities like Chiang Mai, Nakhon Ratchasima, and Hat Yai contribute to the country's economic landscape. With about 75% of the population residing in rural areas, individuals continue to migrate to urban centers, driven by the nation's status as a newly industrialized country, fueled by a burgeoning industrial sector and economic growth.

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Business in Thailand

BUSINESS TALK

New Energy Vehicles and Automotive

New Energy Vehicles and Automotive | DRKI

Compliance and Practical analysis investment in New Energy Vehicles and Automotive components in...
Automotive Industry

BOI announces new promotional scheme to encourage joint-ventures in the automotive parts industry | DRKI

Thailand's efforts to become a global leader in electric vehicle (EV) production have undoubtedly...
New Regulations for Renewable Energy Fit-in Tariff Program

New Regulations for Renewable Energy Fit-in Tariff Program | DRKI

The Energy Regulatory Commission (ERC) announced a new regulation on September 20, 2024, titled...
The Road Ahead: Thailand’s EV Growth, Policy Support, and Market Obstacles

The Road Ahead: Thailand’s EV Growth, Policy Support, and Market Obstacles | DRKI

Thailand is positioning itself as a notable player in Southeast Asia’s electric vehicle (EV)...
Tax Incentives for Solar Rooftop Installation in Residential Homes and Investments in high-efficiency machinery

Tax Incentives for Solar Rooftop Installation in Residential Homes and Investments in high-efficiency machinery | DRKI

On 24 June 2025, the Thai Cabinet approved in principle a comprehensive tax incentive framework to...
The Revenue Department to release tax measures to support domestic tourism

The Revenue Department to release tax measures to support domestic tourism | DRKI

Following Thailand’s economic challenges, the Thai government through the Ministry of Finance has...

KNOWLEDGE

What is Pillar 2? | DRKI

I got question from one of our FB friends – What is Pillar 2? To clearly explain Pillar 2 rules besides answering "what?", I should also address "why?", "how?", and "who?"