Thailand’s LTR Visa Criteria Improvements
Thailand’s Cabinet has approved significant enhancements to the criteria for the Long-Term Resident (LTR) Visa, a critical measure aimed at attracting highly skilled foreign professionals and investors to the country. It is important to note that the BOI has not yet published an official announcement to confirm these changes, so the exact effective date remains […]
The Human Side of Cybersecurity: Looking Ahead to 2025
The Human Side of Cybersecurity: Looking Ahead to 2025 The Human Side of Cybersecurity: Looking Ahead to 2025 A perspective on evolving threats and our collective response As we look toward 2025, the cybersecurity landscape is undergoing a remarkable transformation. Recent findings from FortiGuard Labs reveal not just technological shifts, but fundamental changes in how […]
Thailand’s New Minimum Wage Law 2025 -Important Update for Employers
The Wage Committee has announced a Notice of Minimum Wage Rates (No. 13) with a significant increase in the minimum wage, effective 1 January 2025. This change will have a major impact on businesses, particularly in the areas of Chachoengsao, Chon Buri, Phuket, Rayong, and Surat Thani Province (Ko Samui District), where the minimum wage […]
PKF’s Commitment to Client Data Security: A New Milestone Achieved
In today’s digital age, data security is paramount. PKF, a leading global network of independent accounting firms, has always prioritized the protection of their clients’ sensitive information. Recognizing the increasing threats in the cyber landscape, PKF has taken significant steps to enhance their cybersecurity measures. Recently, PKF achieved a major milestone by earning both the Cyber […]
Harnessing AI: PKF’s Insights on Emerging Technology and Business Adaptation
Exclusive Summary The recent advancements and strategic priorities in technology to drive business growth and resilience. Key Highlights Emerging Technology Trends– Increased adoption of AI and Machine Learning for operational efficiency and advanced data insights.– Emphasis on enhancing Cybersecurity measures to safeguard critical infrastructure.– Transition to Cloud Computing for scalable and flexible business operations. Organizational […]
Major Private Company Fined 7 Million Baht for Data Breach by PDPC
The Office of the Personal Data Protection Committee (PDPC) Imposes a Fine on a Major Private Company for Data Breach On August 21, 2024, Mr. Prasert Chantrarawongthong, the Minister of Digital Economy and Society (DE), announced that the PDPC has imposed a fine of 7 million baht on a major private company for allowing a […]
Microsoft Thailand Collaborates with NCSC to Strengthen Cybersecurity in Thailand
Bangkok, Thailand – May 28, 2024 – Microsoft Thailand today announced a collaboration with the National Cyber Security Agency (NCSC) to join the Government Security Program (GSP) to exchange cybersecurity information, knowledge, and insights in a transparent manner, aiming to strengthen cybersecurity in Thailand. The Government Security Program (GSP) is a global initiative where Microsoft […]
TFAC revised the language used in financial report.
The revised 2566 financial reporting standard was published in the Royal Gazette in August of that year. Effective for accounting periods starting on or after January 1, 2567, this is an upgraded version of the international financial reporting standard for 2566 (Bound volume 2023 Consolidated without early application). The goal of the change is to […]
Great news for Thai tax residents who earned income before January 1, 2024!
Are you a foreign tax resident in Thailand? Here are the pending changes in tax legislation regarding foreign sourced income that you need to be aware of.
New Hotel Regulation: More Opportunity and More Protection
Are you a foreign tax resident in Thailand? Here are the pending changes in tax legislation regarding foreign sourced income that you need to be aware of.