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)

Avatar

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

Comments

Medias

Thai Army Denies Twitter Claims on Spread of Propaganda

Twitter’s blockage of the 926 accounts came two weeks after Thailand brought police complaints against Facebook, Twitter and Instagram for not fully complying with court orders to take down content on their platforms deemed defamatory to Thailand’s royalty

Bahar Karaman

Published

on

Thailand’s army on Friday denied links with around a 1,000 Twitter accounts that the social media company blocked a day earlier saying the military was using them to spread propaganda and target the opposition.

(more…)
Continue Reading

Medias

How Covid-19 triggered a 125% surge in media consumption in Thailand

Globally speaking, the early months of the pandemic saw a dramatic increase in the amount of time people spent accessing information about current events.

Oxford Business Group

Published

on

The coronavirus pandemic has given rise to an ongoing surge in media consumption, as people around the world seek to remain updated on the rapidly changing crisis.

(more…)
Continue Reading

Medias

The TikTok Strategy: Using AI Platforms to Take Over the World

Hugely popular with teenagers and millennials, TikTok – known as DouYin in China – is a social media application used for creating and sharing short videos. Lasting 15 seconds or less, the typical clip features fun music, a skit, lip-sync, dance or light-hearted humour.

Avatar

Published

on

A curious combination of prediction-technology and human censors enables ByteDance to create a dynamic global video ecosystem.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

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

Join 13,632 other subscribers

Trending