Trendyol Avoids a Full-Fledged Investigation by the Turkish Competition Authority and Gets Block Exemption
On 17 January 2023, the Turkish Competition Authority (“TCA”) announced its reasoned decision rendered as a result of the preliminary investigation that was conducted against DSM Grup Danışmanlık İletişim ve Satış Ticaret AŞ (“Trendyol”).[1] The preliminary investigation was initiated pursuant to a confidential complaint which alleged that Trendyol violated Articles 4 and 6 of Law …
The Effects of the Delisting of Marijuana in Thailand and the Thai Government’s Attempt to Address this
On June 9, 2022, Thailand delisted both cannabis and hemp plants, their unprocessed parts, and carved out extracts containing low tetrahydrocannabinol (THC) level (i.e. < 0.2% by weight) and seed oils derived from cannabis or hemp plants in Thailand from the Narcotics Code, officially becoming the first country in Asia to legalize the cultivation, sale …
Thailand Introduces Long-term Resident (LTR) Visa to Attract ‘High-Potential’ Foreigners
Since the lifting of the strict lockdown in the first quarter of 2022 and the decrease in the number of COVID-19 cases, the Thai economy has shown signs of recovery. However, Thailand still faces a battle in bringing its economy back up to pre-pandemic levels in order to compete with its ASEAN neighbors, not to …
International arbitration and the circle of control – a look at the psychological benefits of arbitration and the status of arbitration in Thailand
There are often many reasons cited as to why international arbitration should be the preferred method of dispute resolution for parties: it can be quicker, cheaper, the process is private, the award is final and the parties have more autonomy over the process. Whilst some of these factors are debatable (especially in highly complex commercial …
Termination of Employment in Thailand
According to Thai labour laws, an employer is empowered to terminate an employee’s employment at its will, except for members of the Employee Committee which requires a court order for dismissal. However, the consequences of dismissal with and without statutory causes under the Labour Protection Act B.E. 2541 (the “Labour Protection Act”) will be different …
Waste to Energy: The alternatives to waste and energy problems
With its increasing population and urbanization, Thailand cannot escape from the mountains of solid waste generated in households and in communities across the country. The inappropriate disposal of solid wastes will cause serious ramifications which would be a national nightmare, such as air pollution, water pollution and contagious diseases. All of these issues are harmful …
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Thailand Legislation Update: Amendment to the Public Limited Companies Act
On 23 May 2022, the latest amendment to the Public Limited Companies Act (No. 4), B.E. 2565 (2022) (the “PLC Amendment”) was published in the Government Gazette and it became effective on May 24, 2022. The PLC Amendment aims to facilitate public limited companies by allowing greater use of electronic communications in their business operations. …
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Myanmar Intellectual Department Expected New Trademark Law to Come into Force in March 2023
On January 12, 2023, the Myanmar Intellectual Property Department issued an announcement stating that the Trademark Law 2019, is planned to come into force in March 2023.
2023 Tax Return Filing in Thailand
The season for filing personal income taxes in Thailand has now arrived.
Building Bonds: The Mechanics of India’s Debut Sovereign Green Issuance
Introduction Last year, in India’s Union Budget for the present fiscal, the country’s finance minister had announced[1] that the Reserve Bank of India (“RBI”) would issue ‘sovereign green bonds’ (“SGrBs”) for the purpose of mobilizing resources for green infrastructure, and the proceeds from such bond issuance would be deployed in public sector projects to reduce …
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