Higher Returns for Property, Tourism, Entertainment, etc. Sectors After Pandemic Ends
Higher Returns in Tourism, Property, etc., after the Pandemic Ends The Bangkok Post reported on 20 November 2020 that “Thailand’s biggest manager of distressed assets is bracing for another difficult year in 2021, as the economy faces more headwinds from the pandemic”. This article goes on to quote Bungyong Visatemongkolchai, the chairman of Bangkok Commercial Asset Management Plc (BAM) as...
Investments & Company FormationConstruction & Property25 November, 2020by Legal Analytics
A Perfect Storm For Thailand’s Tourism Sector
Pfizer and BioNTech have announced the development of a vaccine that is over 90% successful in preventing Covid-19. This should open investment opportunities in Thailand, particularly in Thailand’s tourism sector. Thailand’s tourism sector and much of its economy has been in a slump since the Thai government took stringent measures to prevent the spread of Covid-19 in Thailand. Thailand’s...
Investments & Company Formation20 June, 2007by Legal Analytics
The Controversy Over Proposed Changes to the Foreign Business Act
Over the last several months the local and international press have carried articles about foreign chambers of commerce and embassies appealing to the Thai government to rethink the draft changes to the Foreign Business Act, B.E. 2542 (FBA), arguing these proposed changes to Thai law will hurt future and existing foreign investors and violate Thailand’s WTO obligations.