Thailand Introduces Thailand Plus Investment Incentives Package

Thailand's Board of Investment has announced a new promotion package to attract investment, which was approved during an economic ministers meeting on 6 September 2019. The package of measures, known as Thailand Plus, has been introduced in particular to facilitate the relocation of companies to Thailand as a result of the "ongoing trade war". Although China and the U.S. are not directly referenced, one of the primary intents of the package is to promote the relocation of operations from Chi…