Insights

2024 is set to be a year of mass disruption as long-standing business models are tested by the rapid pace of technological advancement, causing economic upheaval around the world. In the last great technological leap, we saw traditional businesses such as Blockbuster, Tower Records and Kodak disappear as Netflix, Spotify and Instagram came from nowhere to dominate.

Explore some of the latest trends, best practices, and strategies that are shaping the future of Human Resources. Whether you're an HR professional or simply interested in the evolving landscape of the workforce, this webinar is for you. This webinar will explore FutureLog’s payroll transformation journey.

Privately held companies have more freedom to innovate than public companies as they are not beholden to shareholders who demand constant growth.

Advances in digital technology and artificial intelligence can significantly ease the strain on your accounting department, streamlining back office operations and opening the door to better, more in-depth and wide-ranging analysis of your company’s economic direction. Data-based simulations can integrate complex arrays of variables in order to highlight ripe areas of focus for your company, and can now do so more efficiently than ever.

Thank you to the 140+ attendees from over 70 companies who joined us for the Accounting & Tax Updates 2024 Seminar!

Thailand’s economy has demonstrated positive growth in the first half of 2024, yet the country continues to lag behind its ASEAN neighbours. As mid-market leaders weigh the impacts of global uncertainty, concerns over long-term investments in skills and technology are being raised, according to the latest findings from Grant Thornton's International Business Report (IBR) for Q3 2024.

Leading in an AI-powered world requires bold decision-making and strategic foresight.

Grant Thornton will be holding the Accounting & Tax Updates 2024 Seminar on the topic “ESG and accountants & Tax audit insights” on Tuesday, 26 November 2024, from 0900 to 1630 hours at Bliston Suwan Park View Hotel, Bangkok.

Globally, women hold 32.0% of senior management positions in the tech sector, below the global average of 33.5%, and below other industries such as professional services (36.2%), asset management (35.5%), and healthcare (37.7%).

Bangkok, Thailand – On September 24, 2024, Grant Thornton, in collaboration with the British Chamber of Commerce Thailand (BCCT) and the American Chamber of Commerce in Thailand (AMCHAM), will host a groundbreaking conference titled “Courageous Leadership in the Age of AI” at the Hyatt Regency Bangkok Sukhumvit. This full-day event is set to bring together over 300 senior executives, business owners, and emerging leaders to explore the critical intersection of leadership and artificial intelligence (AI) in today's rapidly evolving landscape.

Grant Thornton, BCCT & AMCHAM are thrilled to invite you to our upcoming full-day conference, "Courageous Leadership in the Age of AI," on Tuesday, 24th September 2024 at the Hyatt Regency Bangkok Sukhumvit.

The Grant Thornton International Business Report (IBR) for Q2 2024 reveals a nuanced outlook among Thailand's mid-market business leaders. With a Business Health Index score of 16.3, Thailand continues to outperform its ASEAN, Asia-Pacific, and global peers. However, underlying economic concerns tell a different story and highlight the need for strategic vigilance.

Last year, the Thai Revenue Department (“TRD”) issued Departmental Instructions No. Paw 161/2023 and Paw 162/2023 concerning foreign-sourced income. According to these instructions, any Thai tax resident with foreign-sourced income will be taxed in Thailand when such income is remitted into the country, regardless of when you remit it.

The legal division of the Thai Revenue Department (“TRD”) recently addressed whether a virtual office can be registered as a place of business for Value Added Tax (“VAT”) purposes.

Discover your roadmap for successful digital transformation

We’ve all seen it: Companies coasting on past successes, telling themselves that they’ll start to push ahead in earnest once the economy gets better, and treading water in the meantime by focusing on modest incremental improvements in the products and services of which they used to be pioneers. They will have their reasons, and most will sound perfectly sensible when expressed and explained. But businesses should be extremely wary of all attempts to rationalise inaction, or deliver excuses rather than results. If an organisation’s key obstacles are not being aggressively addressed, the deeper problem is usually a lack of internal direction or urgency. Both of these are failures of leadership.