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Netflix Turns Its Focus to Southeast Asia

Netflix Turns Its Focus to Southeast Asia

by Teuvo Tuomi | Jun 26, 2024 | ASEAN, Art, Culture, Indonesia, Lifestyle, Media, News, Philippines, Society, Southeast Asia, Thailand

Streaming giant Netflix has set its focus this year on highlighting works by creators from Southeast Asia through recent and upcoming projects on its over-the-top (OTT) platform. Southeast Asian films and series have fared consistently well on Netflix, with some even...
Koh Samui and Bangkok Top-Ranked in Asia Pacific

Koh Samui and Bangkok Top-Ranked in Asia Pacific

by Teuvo Tuomi | Jun 25, 2024 | Thailand, Bangkok, News, Reports, Tourism, Travel

Koh Samui is the best island and Bangkok the best city in Asia Pacific, according to Travel+Leisure, a leading travel and lifestyle magazine. The awards were based on votes from Travel+Leisure readers between January and March 2024. Samui Airport ranked fourth among...
Foreigners Allowed to buy more Condos and Lease Land Longer in Thailand

Foreigners Allowed to buy more Condos and Lease Land Longer in Thailand

by Teuvo Tuomi | Jun 24, 2024 | Bangkok, Infrastructure, Investment, News, Thailand, Tourism

Thailand’s Cabinet has asked the Interior Ministry to amend the Condominium Act by increasing the foreign ownership limit from 49% to 75% and to amend the Land Act by allowing foreigners to lease land for 99 years, up from the current 50. However, although...
Thailand Starts Collecting VAT on Cheap Imported Goods

Thailand Starts Collecting VAT on Cheap Imported Goods

by Teuvo Tuomi | Jun 23, 2024 | Taxation, Imports, Manufacturing, News, Shipping, Thailand, Trade

Thailand’s Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht. The ruling is effective from 5 July until the end of the year, according to the Royal Gazette. The reason for collecting VAT...
Indonesia Has Most Large Corporations in Southeast Asia

Indonesia Has Most Large Corporations in Southeast Asia

by Teuvo Tuomi | Jun 22, 2024 | Reports, ASEAN, Business, Cambodia, Economy, Indonesia, Malaysia, Philippines, Singapore, Southeast Asia, Thailand, Vietnam

For the first time, Fortune’s Southeast Asia 500 ranking for 2024 lists the region’s largest companies by revenue in the fiscal year 2023. With one of the world’s fastest-growing regions now having its own Fortune 500 list, this progress reflects Southeast Asia’s...
Phuket Tops Thailand’s Smart City Ranking

Phuket Tops Thailand’s Smart City Ranking

by Teuvo Tuomi | Jun 22, 2024 | Thailand, Digitalization, Environment, Infrastructure, News, Reports

Phuket has been ranked the top province-based smart city in Thailand. At the same time, the Wang Chan Valley in Rayong province was named the leading city-based smart area in the country, according to the Thailand Smart City Competitiveness Index 2023. The index...
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