Global Trade Alert
Global Trade Alert

Thailand: The Competitiveness Enhancement Act of 2017

Announcement

14 Feb 2017

On 14 February 2017, the Thai government established the Fund for Enhancement of Competitiveness for Targeted Industries. The funds aims to increase Thailand's national competitiveness for (i) industries with new methods of domestic production or service providers, and (ii) existing industries requiring the use of new technology or advanced production knowledge with the purpose of deveoping or promoting innovation.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Feb 2018

Revocation date:

No revocation date

Announced: 14 Feb 2017
Tax or social insurance relief In force
The Competitiveness Enhancement Act of 2017 also included different forms of tax relief for participating firms. Eligible firms are entitled to exemption from, or reductions of, corporate income tax o...
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Implementation date

14 Feb 2017

Revocation date:

No revocation date

Announced: 14 Feb 2017
Financial grant In force
Effective 14 February 2017, the Thai government established the Fund for Enhancement of Competitiveness for Targeted Industries. The seed capital of the fund is THB 10 billion (USD 285 million). The f...
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Threads

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70729

interventions

194

jurisdictions