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
1. Overview In response to the COVID-19 pandemic, Thailand has imposed lockdown and social distancing measures nationwide. Staying home and working from home have been encouraged and supported by the Government and governors of provinces. In terms of legislative measures, the Thai Government has passed and implemented several laws and regulations to impose preventive sanctions… Read More
In response to the Covid-19 pandemic, Thailand issued and implemented a number of medical, social and legislative measures to contain the infection cases and the death toll starting in January 2020. On 25th March 2020, the Thai Government declared the state of emergency to lockdown the country effective from 26th March 2020 to 30th April… Read More
On 13th April 2020 the Board of Investment Thailand (BOI) issued a series of measures to support BOI applicants and promoted projects affected by the Covid-19 pandemic and to boost the Thailand economy. The major measures are discussed below. 1. More Corporate Income Tax Reduction for Medical Equipment Manufacturing 1.1 The medical investment projects that… Read More
In response to the Covid-19 pandemic, on 24th April 2020, the Thai Arbitration Institute (TAI) issued its Arbitration Rules on E-Arbitration B.E. 2563 (“Rules”) to improve efficiency and practicality of its e-arbitration system (TAI EASY System). The Rules repealed and replaced its predecessor Arbitration Rules on E-Arbitration B.E. 2562. 1. Registration Parties or their authorized… Read More