Will Thailand See A Data Protection Act Enacted This Year?

Data protection rights are in the spotlight this month, as the European Union’s General Data Protection Regulation goes into effect on May 25.  In Thailand, movements towards finalizing the country’s Data Protection Act (DPA) were recently reported in a leading …

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The “Foreign” Component of FCPA Investigations

Foreign Corrupt Practices Act (“FCPA”) investigations typically involve third parties or subsidiaries located outside the US since most FCPA violations arise out of the activities of foreign third parties or foreign subsidiaries. But most guides on how to conduct FCPA investigations and …

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The Investment Promotion Act (No. 4) B.E. 2560

Originally, the Investment Promotion Act B.E. 2520 (A.D. 1977) (“the Investment Promotion Act”) was enacted because the economic situation in Thailand was affected by a world economic crisis. Under the Investment Promotion Act, a board of investment (the “BOI”) was …

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Thai Airlines Identified in UK’s Biggest Corruption Case to Date

In the largest investigation to date by the Serious Fraud Office, Rolls Royce plc and Rolls Royce Energy Systems, Inc agreed to a deferred prosecution agreement arising out corrupt payments made in various countries, including Thailand.  The deferred prosecution agreement …

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Proposed Default Retirement Age of 60

The current Labor Protection Act of 1998 (Section 118) generally requires all employers in Thailand to pay severance to employees who are “terminated” by the employer without legal cause (as further described in Section 119).  The Thai courts interpret “termination” to …

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Prayuth Expresses Broad Support For Foreign Investment at Joint Foreign Chambers of Commerce Luncheon

PriceSanond attended a luncheon hosted by the Joint Foreign Chambers of Commerce in Thailand (JFCC) at the Shangri-La Hotel on 25 November 2016.  The highlight of the luncheon was a one-hour address by H.E. Prime Minister General Prayuth Chan-ocha entitled …

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Regional Comprehensive Economic Partnership (RCEP)

What is it? The RCEP is a proposed free trade agreement (FTA) between the ten member states of the Association of Southeast Asian Nations (ASEAN) (Brunei, Myanmar, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam), and the six …

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U.S. Prohibitions on Importation of Products Made with Coerced Labor

On 19 September 2016 PriceSanond’s Douglas Mancill gave a presentation at the American Chamber of Commerce in Thailand entitled: “Supply Chains: U.S. Trade Facilitation & Enforcement Act and California Transparency in Supply Chains Act”.  The presentation covered supply chain risks arising …

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PriceSanond’s Douglas Mancill to Speak on the U.S. Trade Facilitation and Trade Enforcement Act at AMCHAM Today

PriceSanond’s Douglas Mancill will speak at an AMCHAM/BCCT function today on US laws prohibiting the importation of goods created using coerced labor.  Specifically, he will speak on “Supply Chains: U.S. Trade Facilitation & Enforcement Act and California’s Transparency in Supply …

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Severance Agreements and the FCPA

A recent U.S. Securities and Exchange (SEC) administrative proceeding against California based Health Net illustrates a challenge when documenting settlements with exiting employees in Thailand.  Heath Net used severance agreements that required employees to waive their rights to obtain monetary …

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PriceSanond lawyer Sarocha Thongperm Recognized for her Support in Clearing Badminton Star Ratchanok Intanon of Doping Allegations

For helping clear Miss Ratchanok Itanon of doping charges before the Badminton World Federation, Khun Sarocha was awarded a Certificate of Appreciation – click here – on 18 July 2016.  This clears the way for Ratchanok to participate in the 2016 …

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FCPA – PriceSanond at BCCT/AMCHAM Anti-Corruption Conference

PriceSanond senior counsel, Douglas Mancill, will be speaking on 26 August 2016 at a joint event of the American Chamber of Commerce in Thailand (AMCHAM) and the British Chamber of Commerce in Thailand (BCCT) on Anti-Corruption matters.  The event will be held at …

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“At this point, we are ready to join the TPP”

As reported in the Bangkok Post, the Thai government has voiced what is likely its strongest support in favor of joining the Trans Pacific Partnership (TPP). Deputy Prime Minister Somkid Jatusripitak stated before a gathering of business leaders in Japan …

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Japanese Translation of Article on Thai Investment Restrictions

Although foreign investments are encouraged by the Thai government, foreign equity restrictions and Thai participation requirements exist for many businesses. We now have a Japanese translation of the article Douglas Mancill prepared on investment restrictions in Thailand available on our …

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NBTC Rejects DTAC’s 4G Proposal

DTAC’s request to develop its idle 25-megahertz band on the 1,800MHz spectrum to provide a 4G cellular service, has been rejected by the National Broadcasting and Telecommunications Commission (NBTC), reports the Bangkok Post. DTAC – Thailand’s second largest telecom – …

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Canada Gets Tough With Enforcing Anti-Corruption Laws

Canada previously was the subject of some criticism for failing to vigorously enforce its foreign anti-corruption laws, but that is apparently changing with Canada’s filing of criminal corruption and fraud charges against two subsidiaries of Canadian engineering and construction giant …

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PriceSanond at the British Chamber of Commerce

PriceSanond partner Pramote Srisamai and associate spoke at the British Chamber of Commerce in Bangkok on 24 March 2014 on the Thai labour law.  To access their power point presentation, please click here.

Are Thai Firms Ready For OECD Anti-Bribery Convention?

As Thailand considers adopting the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, a preliminary study carried out by Chulalongkorn University’s law faculty indicates many local businesses remain unprepared for its effects, as reported in …

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PriceSanond at AMCHAM’s Annual Labor Law Round-Up

PriceSanond partners Douglas Mancill and Pramote Srisamai spoke at the American Chamber of Commerce in Thailand’s Annual Labor Law Round-Up on 11 February 2014.  To access their presentation materials, click here.  For a copy of the firm’s six page high …

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PriceSanond at AMCHAM Labor Law Event

PriceSanond partner Pramote Srisamai will be one of the speakers at the Breakfast Briefing on the Labor Environment jointly hosted by the Human Resources and Legal Committees of the American Chamber of Commerce in Thailand (AMCHAM) on 18 February 2015.  The …

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Revenue Department increases focus on personal income tax returns

Thailand’s Revenue Department has traditionally focused on audits of corporate income tax returns, as individuals have not been of much interest to Revenue Department officers.  Recently, however, the department has shifted its focus to personal income tax as authorities seek …

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