Board of Investment Expands Efforts to Integrate Thai Parts Manufacturers into the EV Supply Chain
Introduction The electric vehicle (EV) industry is central to the global shift towards sustainable, greener transport, and Thailand’s Board of Investment (BOI) is working strategically to establish the country as a key player in the EV supply chain. The recent AION Sourcing Day, in partnership with Chinese EV manufacturer GAC AION, aimed to integrate Thai …
AI Neurotechnology and Corporate Data Privacy: Navigating the Future
Introduction The integration of artificial intelligence (AI) with neurotechnology is driving transformative innovation, but it also poses significant legal and regulatory challenges for businesses operating in the sector. While much attention has been paid to AI-related regulation, healthcare law remains critical in this area, particularly as its legal importance grows in regions such as the …
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SEC’s Draft Legislation: Strengthening Thailand’s Capital Market
Introduction Thailand’s Securities and Exchange Commission (SEC) has identified the necessity for a thorough overhaul of its regulatory framework to keep pace with evolving socio-economic conditions, technological progress, and the dynamic nature of private sector innovation. Current laws have faced criticism for their ambiguity, lack of alignment with global standards, and insufficient mechanisms to enforce …
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Thailand’s Future Regulations on Climate Change
INTRODUCTION Thailand is making a significant improvement in its environmental policy by introducing the key legislations, laying down the foundations for many guidelines and regulations in the near future, with the introduction of the Draft Climate Change Act. The draft consists of 14 chapters and a transitional provision, covering topics like the climate change fund, …
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Public-Private Partnerships (PPPs) in Infrastructure Development: Availability Payments in Thailand
INTRODUCTION Public-Private Partnerships (PPPs) has become an internationally discussed topic as it provides solutions to meet the growing demand for infrastructure development, most prominent in the areas of emerging markets. PPPs allow the public sector to tap into the private sector expertise, innovation and financing capabilities. One of the forms of PPPs are ones structured …
Thailand’s Personal Data Protection: Overview and Updates
I. INTRODUCTION Thailand’s main legal piece of legislation governing personal data protection is the Personal Data Protection Act B.E. 2555(2012) (“PDPA”). The PDPA bestows power to the Personal Data Protection Committee (PDPC), the key regulator, to enact sub-regulations, including announcements and ministerial regulations, to provide guidelines, requirement and additional details to set Thailand’s standard of …
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Unlocking Thailand’s Financial Potential: The Dawn of Virtual Banking
In a landmark announcement by the Ministry of Finance, Thailand is charting a course toward sustainable digital economic growth.
Tax Exemption Measures Enhancing Real Estate Investment through REITs in Thailand
Introduction: In response to the considerable impact of the COVID-19 pandemic on the real estate sector, the Thai government has implemented a series of tax exemption measures to stimulate real estate investment through Real Estate Investment Trusts (REITs).
Regional Value Content (RVC) in ASEAN and Thailand: Calculation Methods and Implications
In an increasingly interconnected global economy, understanding the origin and composition of goods has become paramount.
The International Business Center (IBC) in Thailand: A Hub of Opportunity
Thailand has emerged as a highly attractive destination for international businesses seeking to establish their presence in the Asian market.