The Covid-19 pandemic and intensifying geo-political factors have drastically impacted the global Electronics & Electrical (E&E) market. Semiconductor producers constitute a large segment of this market and have been affected most by the resulting supply chain disruptions and policy changes. In 2019, pundits forecasted ASEAN’s semiconductor market to grow at a 5.6% compound annual growth […]
Passed in 1999, the Anti-Money Laundering Act (No. 6) B.E. 2565 (2022) (the “Act”) aimed to eliminate the funding of illegal activities in Thailand, such as drug trade, corruption, and fraud. Recently, changes have been drafted to align the Act with international Anti-Money Laundering legislation standards. Under Parliament’s advice and consent, the King revised the […]
One hundred years ago it would have been inconceivable to see roads dominated by electric vehicles, homes with cleaning robots, and colleagues in virtual spaces. Today, Thailand’s short-term and long-term innovation policies are being influenced by these realities. To ensure that Thailand is the pre-eminent host in Southeast Asia for business and investment advancement, the […]
The Deputy Minister of Public Health has issued a notification regarding the limits on the quantity of category two narcotics for medical and scientific uses. The regulations were published in the Ministerial Information Bulletin No. 10860 on the 1st of November 2022. The notification is made in compliance with Section 24, paragraph two, of the […]
The Chairman of Central Committee on Prices of Goods and Services issued a notification regarding the ‘Prices and Details Concerning Semi-Finished Foods Packed in Sealed Containers’ B.E. 2565 (2022) (the “Notification”), which was published in the Ministerial Information Bulletin No. 10860 of 1st November 2022. The Notification is the result of a review by the Central […]
The Civil and Commercial Code Amendment Act (No. 23) B.E. 2565 (2022) (the “Act”) was published in the Government Gazette on November 18th, 2022. The Act will come into force ninety (90) days after its publication in the Government Gazette. This falls on February 16, 2023. The act makes several changes, some of them quite […]