Investments to surge in 2025

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Investments in Thailand are expected to gain momentum this year, following a surge in applications for investment incentives by 35% in value terms to 1.14 trillion baht last year, the highest level recorded since 2014, led by large foreign direct investment (FDI) projects in data centres and cloud services, says the Board of Investment (BoI).

FDI represented 73% of the total value of applications in 2024, after rising by 25% from the previous year.

The Top-Up Tax, which has been enforced since Jan 1 this year, is a mechanism designed to ensure these large multinational companies pay a minimum level of corporate income tax, typically aligned with the global minimum tax of 15%.

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Article Details

Category: EconomyBusiness

Markets: ThailandAustraliaChinaHong KongJapanSingaporeTaiwan

Topics: Applications Investment Baht Billion Thailand Value Baht) Year Projects Sector Large

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 07:10:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25132792

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 19 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

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Publisher ID: #66

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