Desfran Consulting

Thailand seeks to introduce new tax incentives in a bid to attract more foreign investments. The country looks to elevate its economic status in ASEAN amidst the threats of a slowing economy as a result of the current trade tensions between the US and China. One initiative is the Thailand 4.0 which aims to have significant development and transformation of investments, thus increasing its attractiveness to foreign investors looking to incorporate in Thailand .

The Indonesian government continues to push for better tax incentives for foreign investors to attract capital inflows. The tax holiday scheme was expanded and revised to include the digital industry and the manufacturing industry in the list of eligible businesses. At the same time, the government has also lowered the minimum investment amount required to be eligible for a tax holiday. These incentives have helped to boost the total FDI in Indonesia .