On 26th May 2020, Thai Airways International PCL (“TG”) filed a petition for its business reorganization (rehabilitation) with the Central Bankruptcy Court (“CBC”). The CBC accepted the petition for consideration and issued its Announcement on the Business Reorganization of TG on 16th June 2020 to notify the company registrar, the official receiver and the creditors… Read More
On 12th May 2020, the Ministry of Digital Economy and Society (“MDES”) issued its Notification Re: Standards for Maintaining Security of Meetings Via Electronic Means B.E. 2563 (A.D. 2020). The notification came to force on 27th May 2020. It sets out the security standards for e-meetings required under the Emergency Decree on Electronic Meetings B.E…. Read More
Thailand postpones the enforcement of the Personal Data Protection Act B.E. 2562 (“PDPA”) for another year effective from 27th May 2020 to 31st May 2021. The postponement was made by the Royal Decree on Entities and Businesses Not Subject to Enforcement of the PDPA B.E. 2563 dated 20th May 2020 published in the Government Gazette… Read More
On 9th April 2020, the Myanmar Investment Commission (“MIC”) published its announcement on reduction of investment application fees to reduce investment costs for investors and to encourage investments during the Covid-19 outbreak effective from 20th April 2020 until the Government announces the end of the Covid-19 outbreak. The reduced fee rates are for 26 kinds… Read More
On 9th April 2020, the Central Bank of Myanmar (“CBM”) announced that the Licensing Committee (“LC”) of the CBM has granted preliminary approvals for seven foreign banks to be prepared for commencement of business operation in Myanmar and an approval to a foreign bank to hold capital in a domestic bank. The preliminary approvals are… Read More
Our Managing Partner, Kowit Somwaiya, gave a presentation on the Emergency Decree on E-Meetings B.E. 2563 at the FTCC webinar on 14th May 2020. For more details, please click the slide cover below. Emergency Decree on E-Meetings B.E. 2563