On 1st September 2021, the Myanmar Investment Commission (“MIC”) issued its Newsletter No. 28/2021 on the plans for the recovery of burned and damaged industries in Yangon during the political unrests in March 2021. The MIC grants the opportunities and provides support to business operators to re-operate their businesses suffered from the political unrests in... Read More

On 1st September 2021, the Ministry of Commerce (“MOC”) issued its Newsletter No. 17/2021 to grant a temporary exemption for obtaining import licenses for raw materials used for producing medical products in order to prevent and control the COVID-19 pandemic effective from 1st September 2021 to 30th November 2021. The 92 items of raw materials... Read More

The Department of Business Development of the Ministry of Commerce (“MOC”) announced recently that in September 2021 the Foreign Business Commission (“FBC”) granted FBLs (foreign business licenses) to 26 foreign companies to operate restricted businesses with investment capital of THB559 million.  These companies are mainly from Japan, Singapore and South Korea doing businesses in software... Read More

On 1st October 2021, the Prime Minister of Thailand and the Minister of Interior jointly signed the Ministry of Interior Notification on Permission for Some Types of Foreigners to Reside in the Kingdom on a Special-Case Basis to extend the period for filing applications for the STV for one more year from 1st October 2021... Read More

On 27th September 2021, the Ministry of Labour issued its Ministerial Regulation on Rates of Contributions to the Social Security Fund under the Social Security Fund Act B.E. 2533 (A.D. 1990) to set out new social security fund contribution rates in response to the Covid-19 pandemic.  The objective of the new rates is to reduce... Read More