On 8th February 2018, the National Legislative Assembly passed the Eastern Economic Corridor Act B.E. 2561 (“EEC Act”) as a law. The EEC Act sets out the rules and procedures for promoting, facilitating and granting certain special privileges to businesses in the EEC area for development and enhancement of the economy and competitiveness of Thailand…. Read More
Thailand’s Department of Intellectual Property (“DIP”) recently published the draft of the bill to amend the Copyright Act B.E. 2537 (the “Bill”) for public hearing and public consultation again during 31st January 2018 to 28th February 2018 before the DIP revises the Bill and proposes it to the Cabinet. In 2015, the National Legislative Assembly… Read More
Thailand’s Department of Intellectual Property (“DIP”) recently published the latest draft of the bill to amend the Patent Act B.E. 2522 (the “Bill”) for public hearing and public consultation again from 31st January 2018 to 28th February 2018 before the DIP revises the Bill and proposes it to the Cabinet. Under the latest Bill, there… Read More
On 22nd December 2017, Myanmar Investment Commission (“MIC”) issued an announcement for foreign and local citizen investors to invest in logistics services re: Announcement of Invitation to invest in logistics services (“MIC Announcement”). Pursuant to the MIC Announcement, the MIC has invited investors to invest in the following business at major cities:- (a) Dry Port… Read More
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