The Securities and Exchange Commission of Myanmar (“SEC”) has reminded the YSX companies of their obligations to submit their annual financial reports within three months of the end of their financial year. In Myanmar, the financial year starts from the 1st of April and ends on the 31st of March. According to Section 71 (b) of the Securities... Read More

Currently cloud computing is playing a significant role in all kinds of businesses. The adoption and significance of cloud computing has made it necessary for the Government of Thailand to promote cloud services, Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS). Cloud computing is one of cost-cutting measures. It is obvious that cloud computing can significantly... Read More

The absence of clear procedures and specific deadlines of granting necessary licenses, permits, registrations and notifications to operate a business in Thailand has hampered Thailand’s competitiveness. But the Licensing Facilitation Act B.E. 2558 (the “LFA”) effective from 21st July 2015 will enhance the transparency and accountability of the government procedures. The LFA will also boost... Read More

On 13th October 2015, the Government of Thailand approved a fiscal stimulus package to boost the SMEs and revive the real estate markets. The Royal decree reducing the transfer fee for the sale of real property and the mortgage registration fee was published in the Royal Thai Government Gazette and is effective since 29th October 2015. The others... Read More

On August 28th 2015, the President U Thein Sein signed the first-ever broadcasting law in Myanmar, opening the television market to the private sector. The Broadcasting Law 2015 (the “BL”) sets up the legal framework for the development of the Myanmar broadcasting industry. Commercial licenses for TV or radio will be available for bidding and an independent supervisory authority... Read More