The Evolution of Family Offices: A 2024 Perspective

The Evolution of Family Offices: A 2024 Perspective As we embrace 2024, family offices are undergoing a significant transformation, evolving from their traditional role as passive custodians of wealth to active participants in the global investment landscape. This evolution is characterized by a series of strategic shifts, adapting to a complex global environment marked by…

Govt launches cashback scheme for taxpayers as New Year’s gift | “Shop Dee Mee Kuen” Scheme

Govt launches cashback scheme for taxpayers as New Year’s gift | “Shop Dee Mee Kuen” Scheme The Cabinet approved a new phase of the “Shop Dee Mee Kuen” (Shop and Payback) scheme as a New Year’s gift for Taxpayers in Thailand. The Cabinet approved a new phase of the “Shop Dee Mee Kuen” (Shop and…

The Fed’s Pause and Forecasting 2024’s Economic Voyage | by Paul Gambles

The Fed’s Pause and Forecasting 2024’s Economic Voyage | by Paul Gambles “Our thesis for 2024 is that the Fed is so far behind the curve, they’ve lost sight of it. A really soft landing just isn’t a possibility. If the Fed acts aggressively now, we might face a moderately hard landing, but it may…

The Revenue Department shakes things up with new rules on taxing foreign income

The Revenue Department shakes things up with new rules on taxing foreign income What’s New? Previously, Thai residents were only required to pay personal income tax on foreign income if the money was remitted into Thailand in the same year it was earned. The new guidelines close the loophole that allowed residents to defer the…

Venturing into Thailand: The Strategic Choice Between Branch Offices and Subsidiaries

Venturing into Thailand: The Strategic Choice Between Branch Offices and Subsidiaries Thailand: More Than a Vacation Destination Stunning beaches, a rich cultural heritage, and spicy culinary delights make Thailand a global hotspot. Yet beyond its popular appeal, the country is steadily emerging as a business hub, especially in sectors such as technology, tourism, and manufacturing.…

Dazed and confused….. | by Paul Gambles

Dazed and confused….. | by Paul Gambles “I’ve been dazed and confused for so long it’s not true” – Either Jimmy Page of Led Zeppelin or Joseph Robinette Biden Jr. Paul appeared on yesterday’s edition of Street Signs with CNBC’s Will Kolouris. [1] Part of the newer generation of financial journalists, Will brings some great contrarian thinking…

Preparing Your Business for Thailand’s Full Digital Tax Transformation within 5 Years

Preparing Your Business for Thailand’s Full Digital Tax Transformation within 5 Years The Revenue Department of Thailand recently announced a significant step towards a modern, efficient, and more streamlined process of taxation. In the next five years, the country’s tax and customs system is set to become 100% digital. The department has highlighted plans to…

More or less…. (Part Two) | by Paul Gambles

More or less…. (Part Two) | by Paul Gambles In Part One, we explored the possibility that exposure to increasing amounts of data may increase rather than reduce the risk of narrative fallacy. Part One Link : https://mbmg-group.com/article/more-or-less-intelligent In this conclusion, we examine how this is currently affecting capital markets – how it is creating…

More or less intelligent? | by Paul Gambles

More or less intelligent? | by Paul Gambles After last month’s dive into AI (https://mbmg.substack.com/p/ai-ai-oh) we pause to take a look at how real, or at least human, intelligence affects financial & economic decision-making…(Part 1 of 2) More or less? Last month, we investigated whether or not the rise of the AI investment sector constituted…

Softly, softly? Hardly! | by Paul Gambles

Softly, softly? Hardly! | by Paul Gambles Don’t you understand what I’m trying to say?Can’t you feel the fears I’m feeling today?If the button is pushed, there’s no runnin’ awayThere’ll be no one to save with the world in a graveTake a look around you boy, it’s bound to scare you, boy And you tell…