PriceSanond: Lawyers in Bangkok, Thailand

We have a diverse clientele consisting of US, European, Middle Eastern, Thai and other Asian multi-national companies engaged in a wide range of businesses in Thailand. Many of these companies are either doing business in Thailand as wholly owned subsidiaries or joint ventures. Our clients range from small private enterprises to well-known Fortune 500 and major Japanese corporations.

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Directors of U.S. Companies Now at Greater Risk for Corporate Malfeasance Abroad

Following a headline Delaware state court decision, directors of U.S. domiciled corporations – particularly Delaware corporations – are at greater risk now for potential personal civil liability for FCPA violations and other acts of corporate malfeasance abroad.  PriceSanond partner, Douglas Mancill's, …

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Japan Announces it Will Join TPP Negotiations. Thailand?

"Prime Minister Shinzo Abe plans to announce on Friday Japan's intention to join negotiations for an ambitious trans-Pacific free-trade pact, a move that launches the final—and possibly most important—phase of his economic agenda: long-term growth strategies", reports the 14 March …

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Institutional Investors Throw Their Weight Behind Thailand’s Anti-Corruption Efforts

Top institutional investors in Thailand have announced that they will collaborate on encouraging good corporate governance and anti-corruption efforts among Thai listed companies by focusing investment in those companies with proven transparency and anti-corruption track records.  On the influential corruption …

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Fitch Updgrades Thailand’s Credit Rating

On 8 March 2013, Fitch upgraded Thailand's long term foreign denominated currency debt one level to BBB+ from BBB.  According to a statement from Bloomberg: "That is three levels above junk and brings it line with Standard and Poor's and Moody's …

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Thai Officials Say FTA with EU will be Concluded in Less than Two Years

A "Thai government delegation [to Europe]" announced that a "Thai-EU free trade agreement will be concluded in less than two years, as part of Thailand's commitment towards free trade and competitiveness enhancement" (bolded for emphasis), a 7 March 2013 front page cover story …

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BOI Soliciting Suggestions on New Investment Policy

Thailand’s Board of Investment (BOI) is soliciting recommendations through 28 February 2013 on a new investment policy for the BOI.  You can submit your suggestions by clicking here. The BOI provides investment promotion incentives to foreign and Thai businesses investing in certain designated activities.  …

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22 Firms Found to be Violating Foreign Ownership Rules

The Bangkok Post reports that: “[t]wenty-two firms operating in five tourism provinces – Phuket, Surat Thani, Krabi, Prachup Khiri Khan and Chon Buri – have been alleged to use nominees for their foreign shareholders” according to the Thai Ministry of Commerce. The article says: Deputy …

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