Thailand Announces New Investment Incentives for Data Hosting
On June 28, 2024, Thailand’s Board of Investment (BOI) updated its list of promoted activities to include data hosting, which is listed as “Activity 8.2.4 Data Hosting Services.” Qualifying data hosting services are eligible for a corporate income tax exemption (capped) for eight years, along with other tax and nontax incentives, such as import duty […]
Creating a Response Plan for a Data Breach: What You Need to Know
By Dr. Paul Crosio In today’s digital age, data breaches pose a significant risk to businesses, regardless of size or industry. In response to these growing threats, Thailand introduced the Personal Data Protection Act (PDPA), which came into full effect on 1 June 2022. Understanding how to manage privacy risks and develop a comprehensive response […]
Navigating the legal and regulatory complexities of generative AI: A guide for business compliance
The meteoric rise of ChatGPT and other generative AI platforms has been nothing short of extraordinary. But beneath the promise of AI — productivity growth and innovation at a pace never seen before — lies a complex legal reality that companies, large and small, need to navigate to succeed in the current AI-driven era. The […]
The AI Revolution Comes to HR
Artificial Intelligence (AI) has become a distinguishing factor between forward-looking businesses and those resting on past achievements. Achieving operational advancements through AI integration and scaling is undoubtedly challenging but immensely rewarding when executed skillfully. Embracing AI offers substantial benefits for HR managers across diverse industries. The typical deluge of information they handle can be efficiently […]
3 Business Benefits of Embracing Environmental Sustainability
Environmental sustainability is no longer just a trendy buzzword; it has become an essential aspect of business operations. As the world faces various disruptions, ranging from climate change to viral outbreaks and geopolitical uncertainties, companies must acknowledge the importance of sustainability for their own self-interest and the planet’s well-being. Consumers now actively seek out environmentally […]
The impact of data analytics and AI on deals
Terms like data analytics and AI are being tossed around on just about every earnings call this year as more companies look into the potential investment opportunities and accompanying risks of these technologies. Everyone is talking about it, but what are the implications in the context of today’s M&A market? Data analytics and AI can […]
Message From Chamber – December 2022
“Dear Austcham members and Friends, It has been another great year for AustCham and, as always, we would like to thank the support of sponsors, members, directors and the office team who have made it another productive year for the Chamber. Firstly thanks to Her Excellency Dr. Angela Macdonald, Australian Ambassador to Thailand, for her […]
Message From Chamber – November 2022
“Dear Austcham members and Friends, Greetings from your Chamber! As we move closer to the end of the year, AustCham is delighted to report that we have truly been a countrywide Chamber in 2022, with activities in all parts of the country. The Chamber hosted its fourth and final Phuket event in November at SAii […]
Message From Chamber – October 2022
“Dear Austcham members, As Senior Trade and Investment Commissioner based in Bangkok, it is a privilege to serve as the ex-officio Director on the Austcham Board. My organisation, the Australian Trade and Investment Commission (Austrade) is the Australian Government’s international trade promotion and investment attraction agency. We generate market information and insights, promote Australian capability, […]
Message From Chamber – September 2022
“Dear Austcham members, Firstly, please join me in congratulating the AustCham office team for a fantastic AFL Grand Final event. To be able to host such a successful 550-person event again shows positive signs that we are firmly moving back to normal. It is my distinct honour to be charged with running our SME subcommittee. […]
