Core Points - Thailand's Investment Committee has introduced new policies to support the electric vehicle and electronics manufacturing sectors in response to U.S. tariff policies [1][2] - The new policy aims to enhance the competitiveness of Thai enterprises in the context of a new era of globalization [1] Summary by Categories Policy Measures - The new policy includes significant tax incentives for small and medium-sized enterprises (SMEs) investing in machinery upgrades, automation, digital technology, energy-saving measures, and transitioning to emerging industries [1] - Companies producing electric vehicles and electronics using Thai materials and components will receive additional corporate income tax reductions [1] Trade and Customs Adjustments - To mitigate the impact of U.S. tariffs on certain industries, Thai customs will implement changes in tariff classifications for products in sectors such as automotive parts, electrical appliances, electronics, metal products, and light industries [1] - Investment promotion for low-tech industries, including solar panels, automotive parts, and decorative items, will be suspended [1] - The Investment Committee will also pause promotions for industries facing oversupply, such as hot-rolled steel, thick steel plates, and steel pipes [1] Employment and Foreign Talent - Companies with over 100 employees are required to hire at least 70% local Thai workers to ensure national interests are prioritized [1] - The Investment Committee will set minimum income thresholds for foreign personnel eligible for work permits, with executives required to earn at least 150,000 THB (approximately 4,633 USD) per month and specialists at least 50,000 THB (approximately 1,544.3 USD) per month [2]
泰国推新政应对美国关税
Zhong Guo Xin Wen Wang·2025-07-14 12:54