Foreign
Business Act Amendments Passed by Cabinet |
On
9 January 2007 the Cabinet passed amendments to the Foreign
Business Act of 1999 introduced by the Ministry of Commerce. If
the amendments became law several important provisions of
the Foreign Business Act would be repealed or modified.
|
Read
the Full Article
Foreign
Business Act Amendments Question and Answer
Translation
of the Amendments to the Foreign Business Act
|
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| RESERVE
REQUIREMENT UPDATE |
| Bank
of Thailand Relaxes Reserve Requirement |
Currency
bought or exchanged against the baht for equity investments
(not including mutual funds) in the Stock Exchange of Thailand
is exempted from the 30% reserve requirement. The baht proceeds
obtained from the above transactions can be credited to
Nonresident Baht Accounts which are allowed to exceed 300
million baht until further notice. |
Read
Full News Article
Read about the Reserve Requirement |
| |
| Thailand
Law Forum: Feature Article |
Globalization
and Restorative Justice in the Thai Criminal Justice System
|
| Jutharat
Ua-amnoey, Assistant Professor and Criminologist at Chulalongkorn
University, explains how the global trend in restorative justice
has emerged in Thailand and helped reform the authoritarian
regime of the Thai criminal justice system. Causes and consequences
of this trend in Thailand are also discussed in the article. |
| |
| Thailand
Law Forum: Feature Article |
Jurisdiction
of Electronic Transaction in Thailand |
| Sangsit
Narintarangkul Na Ayudhaya offers a concise review of current
electronic transaction jurisdiction theory and relevant Thai
laws, before demonstrating how the jurisdiction of electronic
transaction differs from territorial jurisdiction. He brings
our attention to the ambiguities of the existing principles
of jurisdiction in Thai law when applied to cases of electronic
transaction. |
