Thailand aims to replicate Singapore’s model for startups

Thailand aims to replicate Singapore's model for startups

Lights of traffic in Bangkok, Thailand. Photo by Aaron Thomas on Unsplash.

Thailand is looking to develop its nascent startup industry by replicating Singapore’s initiatives that have made the city-state into a leading incubator of entrepreneurs.

That inspiration can be seen in a move by the Thai government to establish a pathway for venture capital firms and other investors to reap tax-free capital gains from the sale of startup shares.

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