The Act on Establishment of the Criminal Court for Corruption Cases B.E. 2559 (2016) (“the Corruption Court Act”) was published in the Royal Gazette on 16th August 2016 and it has come into force on and from 17th August 2016. The Criminal Court for Corruption Cases (“the Corruption Court”) will begin hearing cases on 3rd… Read More
The Ministry of Natural Resources and Environmental Conservation (the “Ministry”) is in charge of issuing gemstone production permits and determining the areas within the gemstone tract where gemstone can be extracted as gemstone blocks. The Ministry has announced in late August 2016 that it will not renew the existing permits for gemstone production following their… Read More
The Securities and Exchange Commission of Myanmar (“SEC”) has reminded the YSX companies of their obligations to submit their annual financial reports within three months of the end of their financial year. In Myanmar, the financial year starts from the 1st of April and ends on the 31st of March. According to Section 71 (b) of the Securities… Read More
The National Legislation Assembly of Thailand (“NLA”) approved a bill (the “Draft Act”) establishing a new Ministry of Digital Economy and Society (“DES”) on 3rd June 2016. The Draft Act will become effective after its publication in the Government Gazette expected by the end of September this year. Under the Draft Act, the Ministry of… Read More
On the 10th of August 2016, the Notification on Wage Rates for Skilled Workers According to Skills Standards (No. 5) (the “Notification”) of the National Wage Committee was published in the Government Gazette. The Notification will become effective after the period of 90 days from 10th August 2016. The Notification has increased the new minimum… Read More
On 15th August 2016 the Government of Thailand published in the Government Gazette the Royal Decree on Recruitment of Foreigners B.E. 2559 (A.D. 2016) (the “Royal Decree”). The Royal Decree came into force on and from 16th August 2016. Its main objectives are to act prevent and suppress human trafficking, forced labor, exploitation of foreign… Read More