Thailand postpones the full enforcement of the Personal Data Protection Act B.E. 2562 (“PDPA“) for another year up to 31st May 2022. The new effective date of the PDPA is 1st June 2022. The postponement is made under the Royal Decree on Entities and Businesses Not Subject to Enforcement of the PDPA (No. 2) B.E. … Read More
On 10th April 2021, the Thai Government enacted the Emergency Decree on Assistance and Rehabilitation for Business Operators Affected by the COVID-19 Pandemic B.E. 2564 (“ED”) to provide additional financial assistance to business operators affected by the COVID-19 pandemic by having the Bank of Thailand (“BOT”) provide soft loan and debt restructuring facilities up to… Read More
In response to the impact of the Covid-19 on the economy, the Government of Thailand has issued and implement dozens of financial, monetary, and medical and public health measures in the past 18 months. One of them is the Emergency Decree on the Amendment to the Civil and Commercial Code (“CCC”) B.E. 2564, which was… Read More
The 10 member states of the ASEAN and China, Japan, South Korea, Australia and New Zealand signed the Regional Comprehensive Economic Partnership Agreement on 15th November 2020. The RCEP will become effective when at least six ASEAN member states and three non-ASEAN signatories out the 15 member states ratify it. Currently three members have ratified… Read More
On 1st February 2021, the military seized the administrative power from the Myanmar government and formed a new Government body (State Administrative Council). For two months now, protests against the military coup are going on countrywide. However, despite the coup and the protests, the private and public services are available albeit limited. Refiling of Registered… Read More
The Securities and Exchange Commission (“SEC“) has published the conceptual document on qualifications of cryptocurrency investors (“CI”) for public hearing from 25th February 2021 to 27th March 2021. The essential elements of the document are as follows: Qualifications The CI must have:- • the annual income (excluding the spouse’s income) not less than THB1 million,… Read More