Kowit Somwaiya, Managing Partner of LawPlus Ltd., gave talks on how to protect trade secrets at a seminar organized by the Legal Committee of the American Chamber of Commerce in Thailand on 14th March 2017.
General Introduction on Vietnam’s WTO Commitments After 14 formal meetings from 1998 to 2006, Vietnam finally entered into the WTO in 2007. As a result, several major documents were accordingly adopted which include the Schedule of Concessions and Commitments on Goods and the Schedule of Specific Commitments on Services as a result of the negotiations… Read More
On 19th January 2017, the Telecommunication Department of the Ministry of Transport and Communication (“MOTC”) announced the updated list of Communication Service Licenses (“CSL”) issued in Myanmar under Telecommunication Law and Rules. As of 19th January 2017, there are 118 CSLs that have been issued to local and foreign companies:- The following 3 CSLs were… Read More
On 10th January 2017, the Internal Revenue Department (“IRD”) of the Ministry of Planning and Finance (“MPF”) announced the Notification No. 2/2017 to reduce the withholding tax rates for payments in Myanmar and abroad and replace the Notification No. 41/2010 and the Notification No. 167/2011 of the IRD. The new WHT rates will become effective… Read More
On 24th October 2016, the President Office of the Republic of the Union of Myanmar announced the formation of the Private Sector Development Committee (the “Committee”) pursuant to the Notification No. 79/2016 in order to implement the Private Sector Development Framework of the Private Sector Development Committee (the “Framework”) effectively. The Committee consists of 18… Read More
On 13th February 2017, the Act on National Competitive Enhancement for Targeted Industries B.E. 2560 (A.D. 2017) was published in the Royal Gazette (the “Act”), coming into force on and from 14th February 2017. The Act aims at promoting investment that is in line with Thailand 4.0 and the National Agenda on investment of new… Read More