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
The Bankruptcy Act (No. 10) B.E. 2561 (A.D. 2018) was published in the Royal Gazette on 2nd March 2018. It amended the Bankruptcy Act B.E. 2483 (A.D. 1940) effective from 3rd March 2018. The major changes under the Bankruptcy Act No. 10 are listed below. The term “secured creditor” has been changed to include secured… Read More
On 5th March 2018, the Department of Intellectual property of Thailand (“DIP”) fully launched its new e-filing system for registering trademarks, invention patents and design patents and also for recording copyrights. This new e-filing system is the single sign-on system for four main types of intellectual property in one platform. This system will not totally… Read More
Thailand’s Ministry of Digital Economy and Society (“MDES”) recently published the latest draft of the Cyber Security Bill (the “Bill”) for public hearing and public consultation up to 25th March 2018 before the MDES revises the Bill and submits it to the National Legislative Assembly (“NLA”) for approval. The bill aims to ensure both public… Read More
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… Read More