Connect with us

Medias

Thailand Unveils 15% Cash rebate Incentive on all in-country production

Thailand will offer a 15 percent cash rebate on all in-country production spending beginning in 2017, for every production with a local spend over $1.5 million (50 million baht)

Published

on

Thailand on Saturday unveiled plans for film and TV production incentives during an event held in Cannes.

Thailand will offer a 15 percent cash rebate on all in-country production spending beginning in 2017. Every production with a local spend over $1.5 million (50 million baht) will automatically get the 15 percent rebate.

The total can rise to up to 20 percent

Beyond the 15 percent, an additional 3 percent is available if a project hires a Thai actor or actress for the lead role or key Thai production staff. Another 2 percent is available for movies deemed to promote Thai tourism.

“We already had a very good reputation for having some of the best crews and locations in the region,” Kobkarn told THR

General Tanasak Patimapragorn, the country’s deputy prime minister and chairman of the National Film and Video Committee, and Kobkarn Wattanavrangkul, Thailand’s minister of tourism and sports, unveiled the incentives, which industry insiders in the country had been hoping for and anticipating for years.

“We are confident that this incentive will make Thailand even more competitive. We hope it will help us attract not just more productions, but also higher quality films.”

Thailand’s natural environment and lively urban scenes make it popular with overseas filmmakers, and the big success of Chinese movie Lost in Thailand in 2013 resulted in a huge rise in the number of Chinese tourists to the country.

Big productions shot in the country in recent years include The Hangover Part II, The Beach, The Impossible and No Escape

 

Source: Cannes: Thailand Unveils Production Incentives of up to 20 Percent – Hollywood Reporter

Click to comment

Leave a Reply

Business

Thai economy in the pandemic era: can it ever be the same?

What is the way forward for Thailand, and how strong is the case for a radical overhaul of economic and development policies?

Published

on

Forecasts for Thai economic growth this year have been widely slashed to less than 2%, some much lower, reflecting growing gloom about the trajectory of an economy battling the third wave of COVID-19 and resulting lockdowns and social distancing measures.

(more…)
Continue Reading

Myanmar

Digital Revolution and Repression in Myanmar and Thailand

Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage of events on the ground.

Published

on

By Karen Lee

Following the February 1 coup, Myanmar’s netizens became the latest to join the #MilkTeaAlliance, an online collective of pro-democracy youth across Asia.

(more…)
Continue Reading
Wise

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,097 other subscribers

Recent