Showing 1-6 of 6 results
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Issues to look out for when investing overseas
Business, Wirot Poonsuwan, Published on 13/09/2017
» Thai investors are increasingly expanding abroad, setting up companies and joint ventures with local partners in neighbouring countries in the CLMV (Cambodia, Laos, Myanmar, Vietnam) and other regions. These outbound investments bring businesses into contact with many laws and regulations, and a basic understanding of the issues in each country is essential. These include:
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PPP law: project risks the private sector is anxious about
Business, Wirot Poonsuwan, Published on 05/07/2017
» The high-speed train from Nakhon Ratchasima to Bangkok, mired in delays for three successive governments, looks set to materialise after the current administration invoked the fast-track power of Section 44 of the interim charter to bypass all laws and obstacles to hire an all-Chinese consortium to build the line, contingent on US$5 billion (175 billion baht) in public debt to be raised soon.
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Director's liability: New law offers better protection
Business, Wirot Poonsuwan, Published on 20/03/2017
» The new law on criminal liability of company directors took effect on Feb 12, 2017. But the shock waves continue to reverberate through the Thai corporate world, among local companies and subsidiaries of multinationals alike.
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Directors' liability: How a new law will change corporate life (Part II)
Business, Wirot Poonsuwan, Published on 03/04/2017
» While the Directors' Liability Amendment Act 2017, which came into force in February to amend 76 other laws on criminal liability of company directors and executives, offers better protection, you cannot afford to be complacent and do nothing to change the corporate status quo.
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Directors' liability: impact of new law on public limited companies (Part III)
Business, Wirot Poonsuwan, Published on 18/04/2017
» The Directors' Liability Amendment Act 2017, amending 76 other statutes and effective in February this year, does offer better protection -- if and only if you are a company director and executive of a private limited company.
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Some Credit-Card debts never die if customers aren't careful
Business, Wirot Poonsuwan, Published on 23/01/2012
» The statute of limitations for credit-card debt _ a time limit within which the bank must sue the debtor _ is two years from the date following the debtor's default on payment. Failure by the bank to sue past the expiration date will end its right to enforce the debt and free the debtor from the debt burden. A number of debtors, however, continue to pay bills after debts expire, unknowingly bringing their accounts back to life and exposing themselves to the risk of lawsuits once again.
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