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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 […]

Businesses in Thailand That Do Not Require a Foreign Business License (FBL)

Businesses in Thailand That Do Not Require a Foreign Business License (FBL) The Foreign Business Act (FBA) in Thailand requires foreign nationals to obtain a Foreign Business License (FBL) to engage in certain activities deemed sensitive or critical to the national interest. However, the approval process can be time-consuming, and there is no guarantee that […]

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 […]

Advance Pricing Agreement (APA)

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.

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 […]