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The economy in Thailand remains sluggish; since the military coup in 2014, investors have had reservations about the medium-to-long-term political stability. The China downturn compounded this problem, as have low global commodity prices, raising questions about not only future economic growth in Thailand but also the wider region.

Recent foreign direct investment has not hit expected levels, but remains steady, with interest coming, in the main, from Japan and China. On the outbound investment front, finance lawyers have been kept busy with transactions involving the renewable energy sector and emerging markets such as Laos and Myanmar. A number of infrastructure projects earmarked for Bangkok have also provided a boost in work for projects practitioners.

FIRMS IN THE SPOTLIGHT

LS Horizon Limited

LS Horizon is a regional law firm with offices in Thailand, Lao PDR and Myanmar and associated firms in Singapore and Phnom Penh, Cambodia, which is capable of delivering international quality legal services. The lawyers of LS Horizon have extensive experience in leading and handling landmark transactions in Thailand and other Asian countries.

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FIRMS IN THE SPOTLIGHT

LawAlliance Limited

The minefield that is international and domestic tax matters is complex at best, but LawAlliance has collected a team of leading lawyers who have extensive, exhaustive and unparalleled experience throughout this period of rapid development and growth. 

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Cross-border work continues to flow and the establishment of the ASEAN Economic Community (AEC) in December 2015 will provide regional economic integration and further opportunity for Thai businesses to take advantage of investment prospects in other south-east Asian markets, although many believe it will be some years until this is reached.

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