Artificial Intelligence (AI) is a leading technology that is advancing rapidly. Many industries are anticipated to benefit from AI assistance, which may also affect human workforce in certain industries in the near future.Currently, two pieces of draft legislation have been introduced in Thailand Read more…
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 Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) requires datacontrollers and data processors to designate a data protection officer (“DPO”) in certain circumstances. The Personal Data Protection Committee (“PDPC”) has now issued 2 sub-regulations and one draft relating to DPO. Read more…
The current legal framework for managing packaging and other householdwaste in Thailand has long been governed by various pieces of legislation,such as the Public Health Act, B.E. 2535 (1992) and the Act on theMaintenance of Cleanliness and Orderliness of the Country, B.E. 2535(1992). However, these laws only cover broad and general practices ofwaste management without particular focus on recyclable waste, and donot address the waste issue at the root cause nor encompass allstakeholders with relevant…
As a key step in combating the climate change crisis, the Thai governmenthas recently established the Department of Climate Change andEnvironment (CCE) within the Ministry of Natural Resources andEnvironment. This central government agency is dedicated to focusing onthe country’s climate change efforts. Read more…
In recent years, environmental issues have been increasingly prioritized,leading to positive results in the development of national policies inThailand. Many draft environmental legislations, which were previouslystalled, are now regaining momentum as key enablers to drive Thailandtowards a more sustainable future. Read more…
On 30 June 2023, the much-anticipated Thailand Taxonomy – Phase Iwas published by the Thailand Taxonomy Board. It has long beenhighlighted by the Bank of Thailand (BOT) in its plan for a New ThaiFinancial Landscape as a key instrument to promote the allocation offunding to support the transition towards environmental sustainability. Read more…
As we previously reported in May 2022 the Cabinet approved 10 principles for the platform economy law. Those principles have now been elaborated to include further requirements and obligations (“Draft Platform Economy Law”) from the Strategic Transformation Office (“STO”) in collaboration with the Office of the Permanent Secretary of the Ministry of Digital Economy and Society (“MDES”). Read more…
The new amendment to the factory waste management regime, which will be fully effective from 1 November 2023 (one section is effective already from 1 June 2023), stipulates the legal obligations for both waste generators and processors, and holds factories responsible for managing the waste they generate. For instance, waste generators must submit an annual report of the collection of unmanaged waste and the management of waste inside the factory premises to the Department of…
The new rules were issued with the aim to improve the efficiency of capital market transactions. They will be effective from 1 July 2023, and the main key points include: Removal of the requirement for the SEC’s approval; New requirement for an IFA’s opinion; Market price determination; Private placement of unallocated shares remaining from preferential public offerings (PPO); and Mandatory offering periods. Read more…