On 20th September 2018, the National Legislative Assembly (“NLA”) approved in principle an Amendment to the Labour Protection Act B.E. 2541 (A.D. 1998). The draft is now being reviewed by a reviewing committee appointed by the NLA before it is resubmitted to the NLA for the second reading and the final approval. The major amendments… Read More
On 9th August 2018, the Trade Department of the Ministry of Commerce (“MOC”) issued its Newsletter No. 6/2018 on Amendment of Importer and Exporter Registration (“IE Registration”) Procedures to govern new registration, renewal, amendment and obtaining certified registration certificate for import and export of goods under the Exporter and Importer Registration Order 1954 issued under… Read More
On 20th September 2018, the Ministry of Planning and Finance issued its Notification No. 76/2018 (“Notification”) to amend the Myanmar Investment Rules 2017 (“MIR”). The major amendments include:- 1. An investment strategically important to Myanmar must obtain a Myanmar Investment Commission Permit (“MIC Permit”) if its investment value exceeds USD20 million and if it… Read More
On 11th September 2018, the Thai Cabinet approved the Digital Identification Bill (“Digital ID Bill”) in principle. The Digital ID Bill is expected to be passed by the National Legislative Assembly (“NLA”) and become effective by the middle of next year. This bill once enacted will set up the digital ID system to facilitate and… Read More
1. Overview The Eastern Economic Corridor (EEC) covers an area of 3 provinces in the eastern region of Thailand. The 3 provinces are Chachoengsao, Chonburi and Rayong. The EEC is established by laws passed in 2017 and 2018 to promote investments in 10 specially targeted industries, which are the next-generation automotive, smart electronics, affluent… Read More
On Thursday 18th October 2018, the China Investment Association China organized a half-day seminar on the 2018 Cross-Border Investment and M&A 2018 in Beijing, China. Our Managing Partner, Kowit Somwaiya, participated in the event as one of the speakers. He spoke on “Investment Promotion and Incentives for 10 Targeted Industries in the Eastern Economic Corridor… Read More