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Thailand

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The Thomson Reuters Foundation champions economies that are equitable, participatory, and sustainable, with a focus on environmental respect. Impact investing is crucial for addressing social and environmental inequities but remains underutilized in Southeast Asia. To bridge this gap, the Aspen Network of Development Entrepreneurs (ANDE) partnered with TrustLaw, the TRF's global pro bono service, to enhance understanding of local impact investing regulations in 7 different countries in Southeast Asia: Thailand, Vietnam, Singapore, Indonesia, Myanmar, and the Philippines. Special thanks go to A&O Shearman, DFDL, Mayer Brown, MahWengKwai & Associates, and SyCip Salazar Hernandez & Gatmaitan for their pro-bono support. This guide aims to assist social enterprises, incubators, and investors in navigating local regulations and fostering greater investment in regional startups and their social missions.

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Southeast Asia is one of the fastest-growing regions in the world, with a total GDP of over USD 2.7 trillion. However, its progress is threatened by the increasingly adverse impacts of climate change. Entrepreneurship has a leading role in developing solutions to both mitigate and adapt to climate change. This report evaluates the current support ecosystem for climate and environmental entrepreneurs in six developing Southeast Asian countries: Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam. Through ANDE's data collection and analysis, this report offers insights on the set of organizations supporting entrepreneurs that aim to address climate change mitigation, adaptation, and non-climate related environmental protection challenges.

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"Bangkok is the vibrant capital city of Thailand, known for being a popular tourist destination. The city’s population, which accounts for 15% of the country’s population, and its significant urban sprawl make it the country’s largest and a critical part of the national economy. ANDE identified and collected data on 267 ecosystem players actively supporting entrepreneurs and small businesses in Bangkok."

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"The Guidelines for the Promotion of Inclusive Business in ASEAN document provides an outline on how inclusive businesses can be supported at the national level, and what institutional setup is required to do so. The guidelines also provide recommendations on how ASEAN policy makers could collectively promote inclusive business at the regional level. We hope that this document would serve as a useful reference document for ASEAN policy makers in formulating national and regional strategies towards achieving a resilient, inclusive, people-oriented and people-centered ASEAN."

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"This report proposes actions that can be taken by ASEAN Governments and key stakeholders to address the constraints facing women entrepreneurs. Two key levers for change are highlighted. These are greater access to and use of innovative technologies, especially those made available through the ICT revolution; and creative approaches to making finance and credit available to women entrepreneurs. As well as being critical in their own right, these two levers also contribute to unlocking progress in other key areas, such as education and training, access to business support and networks and opening market opportunities."

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"Asia is facing simultaneously huge growth potential and increasing inequalities, with often weak national solutions to the social issues at hand. Social purpose organisations (SPOs) – which includes but are not limited to non-profit organisations, charities and social enterprises - are seen to solve these issues sustainably. Social incubation is seen as a tool to help SPOs grow and potentially build a pipeline for social investors. Yet, how does social incubation in Asia work? The insights presented here are the first insights from surveying 15 social incubators in Indonesia, Thailand, India, Japan, China, Taiwan, Hong Kong and Singapore which have existed for at least two years."

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"This article examines the performance of a poverty alleviation policy in Thailand known as the Small and Micro Community Enterprises (SMCEs) programme. It investigates provincial determinants affecting the establishments of the SMCEs and assesses the effects of the programme on household income and out-migration by using panel data analysis and propensity score matching model. The research findings indicated that such enterprises have spread widely. Average household expenditure, the rate of poverty, and agricultural output were significant predictors of SMCE establishments. However, the research did not find any concrete evidence to support the claim that this policy helped reduce poverty or out-migration."

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"This free guide will help social entrepreneurs better understand the complexities of setting up a social enterprise in eight ASEAN countries, the options that are available to them, and the pros and cons of different legal forms. By providing detailed information on different legal structures that social enterprises can employ this guide offers well informed advice on registering with ministries, the documentation that is required and the licenses and permits needed to carry out certain business activities. It outlines governance and regulatory obligations and provides guidance on the taxes that apply to such organisations and expenses that are tax deductible. Case studies are also included to illustrate how social enterprises have responded to specific challenges."

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