The Trade Competition Commission of Thailand (TCCT) opens for public hearing its first guideline on recommended resale price until 23 November 2023. Read more…
The Office of the Consumer Protection Board has published the notification regarding guideline on advertising claims in the Royal Gazette, now already effective. The details in the notification are in line with the draft notification, including provisions on the characteristics of statements that can be used in advertising and guidelines, methods, and conditions for citing facts from reports, research results, statistics, and certification from institutions or agencies. Read more…
Four Notifications prescribing guidelines on the standards and certifications for environmental management have been issued. They should be useful for business operators to voluntarily adopt as their internal standards. Read more…
In September, Japan announced the adoption of its first guidelines on human rights due diligence. While the guidelines do not have legally binding force, they apply to all companies that conduct business activities in Japan. In this article, we summarize the guidelines and what they mean for companies in Thailand. Read more…
The Trade Competition Commission of Thailand (TCCT) published an amendment to the guideline on fair trade practices relating to credit terms with small and medium enterprises (SMEs) which will become effective on 16 September 2022. The key amendment is on the definition of SMEs which requires business operators to satisfy both employee numbers and annual revenue thresholds to be considered as SMEs. Read more…
On 4 March 2022, Noriko Sakamoto and Napasa Cheydet conducted a webinar on guidelines on SME credit terms for Shinkin Central Bank members.
The Trade Competition Commission of Thailand (TCCT) has published new guidelines on offenses relating to unfair trade practices. Key changes in the new guidelines include re-grouping of conducts, additional details on economic loss, and introduction of de minimis threshold for superior bargaining power. Read more