Thailand has finally enacted the Ministerial Regulation Regarding the International Trademark Registration under the Madrid System (“Madrid Regulation”). It was published in the Royal Gazette on 18th December 2017 and become effective retroactively from 7th November 2017, which is the effective date of Madrid Protocol in Thailand. Since 7th November 2017, an international trademark application… Read More
On 15th December 2017, the US Trade Representative (“USTR”) announced that the USTR is closing the Special 301 Out-of-Cycle Review of Thailand which was initiated on 15th September 2017, and it is moving Thailand from Priority Watch List (PWL) to the lower Watch List (WL) category for its intellectual property protection. “We welcome the corrective… Read More
On 15th December 2017, the Ministerial Regulation on Interrogation for Business Collateral Enforcement (“Interrogation Regulation”) under the Business Collateral Act B.E. 2558 (A.D. 2015) (“BCA”) was published in the Royal Gazette and it has become effective since then. Under the BCA, business collateral has become a new type of securities in Thailand in addition to… Read More
On 22nd December 2017, the Myanmar Investment Commission (“MIC”) issued its Announcement in order to invite foreign companies to invest in import substitute commodities in the following investment areas:- (1) manufacturing of different types of vehicles and vehicle related fixtures and parts of machines; (2) manufacturing of tractors and trailers; (3) manufacturing of telephone and… Read More
Currently Thailand does not have a specific law on initial coin offering (ICO). On 14th September 2017, the Securities and Exchange Commission (SEC) announced that ICO of digital coins (tokens) could represent rights and obligations that may result in digital coins fall within the Securities and Exchange Act B.E. 2535 (SEC Act). On 27th October… Read More
On 6th December 2017, the Myanmar Companies Law 2017 (“MCL”) was passed to replace the Myanmar Companies Act 1914 (“MCA”) in order to modernize the current legal structures of companies and enhance foreign investment in Myanmar. 1. Overseas Corporation “Overseas corporation” means a company incorporated outside Myanmar. In order to carry on business in Myanmar,… Read More