On 2nd January 2018, the National Committee for Setting the Minimum Wage (“National Committee”) issued the Notification No.1/2018 to propose the new minimum wage for all employees who work in Myanmar to Kyats 600/hour (Kyats 4,800/day with eight working hours) (the “Notification”). Currently, the minimum wage is Kyats 450/hour (Kyats 3,600/day). The related criteria of… Read More
The Payment System Act B.E. 2560 (“PSA”) was published in the Government Gazette on 16th October 2017. It will become effective on 14th April 2018. The PSA empowers the Ministry of Finance (“MOF”) and the Bank of Thailand (“BOT”) to license, regulate and supervise payment systems and payment services in order to manage risk, security,… Read More
On 19th January 2018, the HR Committee and the Legal Committee of the American Chamber of Commerce held a presentation on “Annual Labour Law Updates” at the Westin Grand Sukhumvit Hotel. The event began with opening remarks by Mr. Douglas Mancill of the Legal Committee and Mr. Richard Jackson of the HR Committee. They introduced… Read More
Thailand’s Ministry of Digital Economy and Society (“MDES”) recently published the latest draft of the Personal Data Protection Bill (the “Bill”) for public hearing and public consultation during the period from 22nd January 2018 to 6th February 2018 before the MDES revises the Bill and submits it to the National Legislative Assembly (“NLA”) for approval…. Read More