On July 12, 2019, the Securities and Exchange Commission of Myanmar issued Notification 1/2019 which announced that foreign entities and individuals will be permitted to invest in the shares in Myanmar companies listed on the Yangon Stock Exchange (YSX). Ownership will undoubtedly be restricted at…

On May 29, 2019, three new acts were published in the Government Gazette to update existing laws and introduce new regulations relating to the protection and conservation of the environment. These laws will come into effect on November 25, 2019, and the implementation of all…

Thailand’s Personal Data Protection Act B.E. 2562 (2019) (PDPA), approved by the government earlier this year, was published in the Government Gazette on May 27, 2019. Provisions relating to the collection, use, and disclosure of personal data will come into force one year after publication….

The Factory Act (No. 2) B.E. 2562 (2019) and Factory Act (No. 3) B.E. 2562 (2019) were published in Thailand’s Government Gazette on April 30, 2019. These will amend the Factory Act B.E. 2535 (1992). The Factory Act (No. 2) will become effective 180 days…

On April 29, 2019, the Bank of Thailand issued Notification 4/2562 Re: The Determination of Rules, Procedures, and Conditions for Peer-to-Peer (P2P) Lending Businesses and Platforms. The notification took effect the following day. The notification lays out a number of guidelines for P2P platform providers…

Thailand’s new Land and Building Tax Act B.E. 2562 (2019) (the “Act”) came into effect on March 13, 2019. Payment of land and building tax under the new Act will be required from January 1, 2020, onwards. The new Act revokes and replaces various pieces…