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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…

Sustainability and ESG (environment, social and governance) factors are becoming more and more important in M&A strategies. Planning for an M&A requires deeper consideration about ESG disruptions and necessitates participants to take into account emerging issues caused by or related to ESG or disruption arising from the climate change challenges. In this article, we discuss some issues, including pricing, due diligence, representations and warranties, and post-closing obligations, which will add complexity to how an M&A…

Since Thailand’s pledge to reach climate change goals at COP26, various government agencies and public organization have been actively progressing efforts to realize the goals through various schemes and measures. In this article, we discuss how the projects related to COP26 commitments, including Carbon Capture and Storage (CCS) and Carbon Capture Utilization and Storage (CCUS) should be promoted in more effective ways to realize Thailand’s sustainability goals. Read more…

To achieve the national commitment by means of both incentives and disincentives, Thailand has started various schemes to help public and private sectors to understand their own carbon dioxide emissions and to develop plans to reduce such emissions. Similar to other countries, tax incentives and tax collection schemes are also being developed. In this article, we discuss the tax measures which Thailand plans to implement when moving towards the goal of carbon neutrality and net…

On 27 May 2022, The Daily NNA published an article “The Personal Data Protection Act effective in June” about the PDPA coming into force. The article quoted comments from an interview with Kritiyanee Buranatrevedhya, and Noriko Sakamoto.

On 17 February 2022, Noriko Sakamoto was a speaker at a webinar titled “Law and Labour”, hosted by JETRO on questions from JETRO members regarding Thai legal issues.