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452 RESULTS
June 6, 2018
New Minimum Wages
On 14th May 2018, the Myanmar National Committee of Minimum Wage (“Committee”) issued the Notification No. 2/2018 (“Notification”) to repeal and replace its Notification No. 2/2015 dated 28th August 2015 to increase the minimum wages for employments in Myanmar. According to the Notification, effective from 14th May 2018, the minimum wages of MMK450 per hour...
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Employment
June 6, 2018
Wholesale and Retail Sale in Myanmar Allowed for Foreigners
On 9th May 2018, the Ministry of Commerce of Myanmar (“MOC”) issued its Notification No. 25/2018 to regulate and facilitate wholesale and retail sale businesses (“Notification”). The Notification applies to all wholesale and retail sale businesses owned and operated by foreigners or Myanmar nationals or their joint ventures. 1. Wholesale and Retail Sale Under Under...
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Commercial Transactions
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Foreign Direct Investment
May 15, 2018
Thailand Two New Emergency Decrees on Digital Assets
On 13th May 2018 the Government of Thailand enacted the Emergency Decree on Digital Asset Business Operation B.E. 2561 (“EDDABO”) and the Emergency Decree on Amendment of Revenue Code (No. 19) B.E. 2561 (“EDARC”) effective from 14th May 2018 to regulate and tax digital assets (cryptocurrencies and digital tokens). Some provisions of the two laws...
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Banking and Finance
May 14, 2018
Amendment to Emergency Decree on Foreign Employee Management
On 27th March 2018 the Government of Thailand published the Emergency Decree on Foreign Employee Management (No. 2) B.E. 2561 (“ED2”) to amend the Emergency Decree on Foreign Employee Management B.E. 2560 (“ED1”) effective from 28th March 2018. The ED1 needed amendment because the requirements and obligations of employment agents, employers and foreign employees under...
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Employment
May 9, 2018
World IP Day Celebration by DIP
On 26th April 2018, the Department of Intellectual Property of Thailand (“DIP”) organized the World IP Day Celebration Event under the campaign “Powering Change: Women in innovation and creativity” to celebrate the brilliance, ingenuity, curiosity and courage of the women who are driving change in our world and shaping our common future. This event was...
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