On 20th September 2018, the Ministry of Planning and Finance issued its Notification No. 76/2018 (“Notification”) to amend the Myanmar Investment Rules 2017 (“MIR”). The major amendments include:- 1. An investment strategically important to Myanmar must obtain a Myanmar Investment Commission Permit (“MIC Permit”) if its investment value exceeds USD20 million and if it… Read More
On 11th September 2018, the Thai Cabinet approved the Digital Identification Bill (“Digital ID Bill”) in principle. The Digital ID Bill is expected to be passed by the National Legislative Assembly (“NLA”) and become effective by the middle of next year. This bill once enacted will set up the digital ID system to facilitate and… Read More
1. Overview The Eastern Economic Corridor (EEC) covers an area of 3 provinces in the eastern region of Thailand. The 3 provinces are Chachoengsao, Chonburi and Rayong. The EEC is established by laws passed in 2017 and 2018 to promote investments in 10 specially targeted industries, which are the next-generation automotive, smart electronics, affluent… Read More
On Thursday 18th October 2018, the China Investment Association China organized a half-day seminar on the 2018 Cross-Border Investment and M&A 2018 in Beijing, China. Our Managing Partner, Kowit Somwaiya, participated in the event as one of the speakers. He spoke on “Investment Promotion and Incentives for 10 Targeted Industries in the Eastern Economic Corridor… Read More
On 16th and 17th October 2018, our partners Kowit Somwaiya and Prasantaya Bantadtan speaks at the First WEN IP and Technology Transfer International Summit Forum in Hefei, Anhui Province, China. The event was organized by Rayto IP Group (Rayto Partners, P.C., Wen Partners, P.C. and Zhejiang Zhipu Intellectual Property Service Co., Ltd.) at Anhui Shilan… Read More
On 3rd August 2018, the Directorate of Investment and Company Administration (“DICA”) issued the Announcement on Anti-Corruption Code of Ethics (“ACCE”) for entering into business deals with the government authorities and other companies and organizations in the private sector in order to develop the entire economic environment. All companies and corporations established under the existing… Read More