Showing 81-90 of 114 results
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Land ownership through adverse possession
Business, Tilleke & Gibbins International Ltd, Published on 28/06/2013
» In Thailand, individuals or entities that are eligible to hold ownership of land under the Land Code can acquire it by means of purchase, hire-purchase, gift or inheritance. But there is one more way to obtain ownership of landed property, which does not require consent from the previous owner: adverse possession, colloquially known as "squatters' rights".
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Criminal charges relating to work permits
Business, Tilleke & Gibbins International Ltd, Published on 22/03/2013
» The blooming of global investment has been shrinking the world and blurring national borders. In our region, the Asean Economic Community (AEC) blueprint is designed to establish Asean as a single market and production base. It is hoped that Asean will become more dynamic and competitive, with new ways to expedite existing economic initiatives.
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Customs arbitration for disputes on security amount
Business, Tilleke & Gibbins International Ltd, Published on 05/04/2013
» When importers bring products into Thailand, the goods need to pass through customs formalities, during which officials will inspect the products to assess duties. Duties are determined based on the real market value of the product and all related taxes. This means that the amount of duty can vary in different circumstances, resulting in some importers disagreeing with the amount assessed.
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Health and safety and IP must go hand in hand
Business, Tilleke & Gibbins International Ltd, Published on 19/04/2013
» No one in their right mind would buy counterfeit medicines, chemicals, or car parts, yet there is a dark trade in these dangerous items in Asia _ and it is on the increase. A recent case in March, as reported by the Bangkok Post, is a clear example of what must be tackled: "Thailand's food chain and livestock industry faces a risk from imports of counterfeit glutaraldehyde, an organic compound used in disinfecting poultry and swine facilities" where up to 50% of the products found were fake.
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Creditors rights over the life insurance of debtors
Business, Tilleke & Gibbins International Ltd, Published on 03/05/2013
» A person's debts do not come to an end just because he or she has died. After the debtor has passed away, the creditor is entitled to seek repayment of the debt from the debtor's estate. Some debtors have life insurance under which the insurer will pay compensation to the beneficiaries stated in the policy, the debtor's heirs where no beneficiaries are specified in the policy and, in certain cases, the debtor's creditors.
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AEC: Moving towards a common market
Business, Tilleke & Gibbins International Ltd, Published on 25/01/2013
» A common market for financial services will be one of the major components of the Asean Economic Community when it takes effect at the end of 2015. This will represent a significant change for securities regulation in Thailand, where the Securities and Exchange Act, subject to some exceptions, places substantial restrictions on the offering of foreign securities in Thailand.
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Termination of employees: Counting the cost
Business, Tilleke & Gibbins International Ltd, Published on 08/03/2013
» In the face of the weak global economy, businesses in Thailand have suffered an additional burden caused by local factors such as catastrophic flooding and political unrest. These combined stresses have tested many businesses to the breaking point, and restructuring of operations has become commonplace for businesses seeking to survive the harsh economic climate.
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US cracks down on it theft by overseas manufacturers
Business, Tilleke & Gibbins International Ltd, Published on 08/02/2013
» Marking an unprecedented milestone in the fight against unfair competition, a state attorney-general in the United States has taken legal action against a Thai manufacturer that produced and exported products while using stolen IT to unfairly lower its operating costs and undercut competition.
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New approach to commercial building rules
Business, Tilleke & Gibbins International Ltd, Published on 22/02/2013
» Location, location, location _ the old adage about the three things that matter in real estate continues to be true today, especially for retailers. Commercial real estate developers and retailers face a fiercely competitive market and shifting consumer patterns as Bangkok continues to expand geographically. To reach the city's expanding consumer base, it is essential for retailers to understand local zoning requirements, especially with a new city plan set to come into effect in May.
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Commercial lease agreements and thai law
Business, Tilleke & Gibbins International Ltd, Published on 30/11/2012
» Long-term lease agreements in Thailand are generally limited to a maximum term of 30 years and may then be renewed for another 30-year term under Section 540 of the Civil and Commercial Code of Thailand.
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