Showing 1-10 of 14 results
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Protecting your brands and trademarks in the AEC
Business, Tilleke & Gibbins International Ltd, Published on 22/01/2016
» The Asean Economic Community (AEC) officially came into being on Dec 31, ushering in promises of change that businesses should adequately prepare for. Among these preparations is the resolute need to protect your intellectual property and be aware of any potential pitfalls. In this article, we discuss brand protection in the AEC and other issues important to brand owners.
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Insurance laws changing with the times
Business, Tilleke & Gibbins International Ltd, Published on 01/05/2015
» To promote and develop Thailand's growing insurance industry and prepare for greater market activity under the Asean Economic Community, the government recently amended the laws governing the country's life and non-life insurance industries for the third time. Formally known as the Life Insurance Act No.3 of 2015 and the Non-Life Insurance Act No.3 of 2015, the amendments took effect on March 6, seven years after the previous amendments were made. The changes can be divided into three main parts as follows:
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Public-private partnerships in infrastructure projects
Business, Tilleke & Gibbins International Ltd, Published on 09/12/2016
» The government has said it intends to use public-private partnerships (PPPs) to help it achieve its infrastructure development goals. To this end, the previous administration passed the Private Investment in State Undertakings Act (2013) and the current government announced a related strategic plan in 2015.
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Trade laws prohibit anti-competitive practices
Business, Tilleke & Gibbins International Ltd, Published on 28/11/2014
» Competition law, which is also called antitrust law in the United States, trade practices law in Australia and Britain, or anti-monopoly law in Russia and China, may go by many names, but what most competition laws generally have in common are these three elements:
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Thailand’s customs reward system: the slow march towards reform
Business, Tilleke & Gibbins International Ltd, Published on 16/05/2014
» In recent years, Thailand’s customs regime has come under increased international and domestic scrutiny. One reason is that Thailand remains one of the few countries that presume strict criminal liability for importers and their representatives, even where an under-declaration of customs duty is the result of a mistake and/or negligence.
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Thailand paving the way towards an Innovation-Driven economy
Business, Tilleke & Gibbins International Ltd, Published on 18/10/2013
» Industry Minister Prasert Boonchaisuk recently reiterated the government's determination to continue promoting the Thailand Creative Economy initiative. In an attempt to rally support for Thailand's transition to an innovation-driven country, he used rousing words such as "creative" and "sustainable" to describe his latest strategy. A three-stage, 20-year plan is now being drawn up, but it is not without its challenges.
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Licensing exemptions for foreign securities firms
Business, Tilleke & Gibbins International Ltd, Published on 23/08/2013
» The Stock Exchange of Thailand has taken many steps in recent years towards gradual liberalisation of the country's capital market. For example, more foreign products are now permitted to be offered to Thai investors. This includes qualifying foreign exchange-traded funds, qualifying Asean Collective Investment Scheme and foreign-listed stocks with the intention of secondary listings on the SET. Exchange-control rules have also been relaxed, allowing Thai investors _ both institutions and high net worth individuals _ to invest in foreign capital markets.
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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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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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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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