On 26th July 2018, the Ministry of Commerce of Myanmar (“MOC”) issued its Newsletter No. 3/2018 to list goods permitted for wholesale and retail sale businesses of foreigners or Myanmar-foreigner joint ventures (“List”) pursuant to the MOC Notification No. 25/2018 dated 9th May 2018. The permitted goods consist of 24 groups including: 1. consumer goods… Read More
On 14 August 2018, the Thailand’s Department of Intellectual Property (“DIP”) published a summary of the results from the public hearing and public consultation on the draft bill to amend the Copyright Act B.E. 2537 (the “Bill”) before the DIP revises the Bill and proposes it to the Cabinet. The Bill aims to address the… Read More
On 8th June 2018, the BOI (Board of Investment Promotion) of Thailand issued its Notification No. Sor. 2/2018 to include the defence industry in the list of promotion eligible businesses, consisting of manufacturing and repairing of (1) military vehicles and weaponry systems for national defence, (2) unnamed systems and parts for national defence, (3) weapons… Read More
To implement the Digital Asset Business Operation Emergency Decree B.E. 2561, the Securities and Exchange Commission (“SEC”) issued 4 notifications on 7th June 2018 and 4 notifications on 3rd July 2018. Some of their major principles are discussed below. Inclusion of Cryptocurrencies as Digital Tokens Cryptocurrencies are deemed digital tokens if they are issued for… Read More
On Wednesday 11th July 2018, the SME and Legal Committees of the American Chamber of Commerce (AMCHAM) in Thailand organized a dinner briefing on Thailand’s new work permit law. Our Managing Partner, Kowit Somwaiya, participated in the event as one of the 3 panelists. He handed out a QR Code for presentation slides. Click the… Read More