Initial Coin Offerings (ICO) have captured tremendous public attention in Thailand in the past 6 months.  This is mainly due to the dramatic swings in the value of existing major cryptocurrencies already trading in crypto markets during the final quarter of 2017 and the huge number of new ICOs launched and available to investors in Thailand in the... Read More

On Tuesday 27th March 2018, the European Association for Business and Commerce (EABC) organized a luncheon talk on “European Union and Thailand Prospects for Relationship in 2018” by the Ambassador of the European Union, H.E. Pirkka Tapiola.  The event was supported by several other foreign chambers of commerce in Thailand including the British Chamber of Commerce, the... Read More

On 22nd March 2018, the Directorate of Investment and Company Administration (“DICA”) published its Notice on New Electronic Companies Registration System to set out rules and procedures for online company registration, filings and communications with the Company Registration Office.  The objective of the Notice is to support the implementation of the Myanmar Companies Law 2017... Read More

On 20th March 2018, Pyidaungsu Htuttaw passed the Deed Registration Law 2018 (“DRL”) to repeal and replace the Registration Act 1908. The effective date of the DRL will be determined later in a notification to be issued by the Government. The DRL establishes the Registration Office for registration of deeds for movable properties and immovable... Read More

On 5th March 2018, the Myanmar National Minimum Wage Committee increased the rates of the standard minimum wages for employees in Myanmar under the Minimum Wages Law 2013 (1) from MMK450 per hour to MMK600 per hour and (2) from MMK3600 per day (8 hours) to MMK4,800 per day.  This is a 33% increase from... Read More