Thailand's push to be an international headquarters hub gains steam

Bangkok

THAILAND has been tweaking its regulations to attract more international headquarters, trading and treasury centres to the kingdom since 2015, with reasonable results. The government is now under more pressure from the ballooning office property sector to make the policy a success.

Thailand has been pushing itself as an alternative hub for international headquarters (IHQs) to Singapore and Hong Kong (HK) since 2000, but the policy only gained traction in 2015 when new tax and non-tax incentives were added to the programme.