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March 28, 2018
New Categories of Security Receivers under the Business Collateral Act of Thailand
On 23rd February 2018, the Ministerial Regulation on Categories of Security Receivers (No. 2) B.E. 2561 (A.D. 2018) (“Security Receivers Regulation No. 2”) issued 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. The BCA was enacted on 5th November 2015...
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Banking and Finance
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Commercial Transactions
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Startups & SMEs
March 15, 2018
Residential Lease Is Now a Controlled Contract
On 12th February 2018, the Contract Committee of the Consumer Protection Board issued its Notification Re: Stipulation of Residential Property Leasing as Controlled Contract Business B.E. 2561 (the “Notification”). The Notification was published in the Royal Gazette on 16th February 2018. It will become effective on and from 1st May 2018. The Notification applies to...
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Real Property and Construction
February 28, 2018
Kowit Somwaiya Serves as a Director of INTA
Kowit Somwaiya, Managing Partner and Founder of LawPlus Ltd. and LawPlus Myanmar Ltd., has been appointed to serve as a Director of the International Trademark Association (INTA) Board of Directors for the 2018-2020 term. Previously he was the Co-Chair of the INTA Global Advisory Council for Asia & Pacific (2016-2017) and the Chair of the...
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February 28, 2018
Thailand Ranked Better in Intellectual Property Index by Global Intellectual Property Center
The sixth edition of the U.S. Chamber International IP Index (“2018 IP Index”) of the Global Intellectual Property Center (“GIPC”) was released in February 2018. The 2018 IP Index ranked Thailand at the 41st position out of 50 countries comparing with the 40th position out of 45 countries in 2017. The overall score of the...
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Intellectual Property
February 28, 2018
Board of Investment Provides More Incentives
At the business luncheon organized jointly by foreign chambers of commerce in Thailand in Bangkok on 23rd February 2018, Ms. Duangjai Asawachintachit, the Secretary General of the BOI, talked about the total value of the BOI promoted investments in 2017 (around THB642 billion) and the Amendment (No. 4) to the Investment Promotion Act B.E. 2560....
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Foreign Direct Investment
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