INSIGHTS
COVID-19: Social Security Relief
On 17 April 2020, the Thai government published in the Royal Gazette two ministerial regulations relating to social security relief. One of them temporarily increases unemployment allowance rates (from a maximum of THB 7,500 to [...]
PDPA Postponement and Appointment of the PDPA Committee
On 19 May 2020, the cabinet of Thailand decided to postpone the enforcement of Thailand’s first general data privacy law known as the Personal Data Protection Act (“PDPA”) from 28 May 2020 until 1 June [...]
COVID 19 Update – Thailand to allow companies to hold shareholders and board meetings through electronic mode
On 19 April 2020, the Thai Government published in the Royal Gazette a new Emergency Decree on Teleconferences through Electronic Devices B.E. 2563 (2020) (“2020 Emergency Decree”). The 2020 Emergency Decree superseded the Announcement of [...]
Tighter Regulatory Grip on Unfair Trade Practices in Thailand
Business operators in Thailand are afforded the protection against unfair trade practices under the Trade Competition Act 2017 (“Act”), with the exception of a few categories of operations and businesses prescribed under the Act. The [...]
Thai Merger Control – Roadblock to Tesco’s Multibillion-Dollar Deal?
On 9 March 2020, Tesco Plc (“Tesco”) announced the sale of its operations in Thailand and Malaysia to four entities under Charoen Pokphand Group, for US$10.6 billion. The announcement came three months after Tesco first [...]
New Regulation on Unfair Practices in Franchise Businesses
New Regulation on Unfair Practices in Franchise Businesses In order to prevent franchisees from being unfairly treated by franchisors and to promote freedom to compete, fairness and transparency, the Office of Trade Competition Commission [...]
Loophole from Unlawful Shareholders’ Resolution
Regarding the adoption of company resolutions by unlawful means, the law that Thailand currently has in place is still not able to protect shareholders in a timely manner. Specifically, temporary preliminary injunctions or temporary emergency [...]