OTHER NEWS & LEGAL ARTICLES
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Regulatory Framework For Accounting in Thailand

20 Oct Regulatory Framework For Accounting in Thailand

This article Regulatory Framework For Accounting in Thailand outlines which business entities have to keep accounts, what accounting data they must report, and to whom they must report. ...
New Transportation Project Through PPP

12 May New Transportation Project Through PPP

The Government of Thailand, through its Office of Transport and Traffic Policy and Planning (OTP) announced the Phaholyothin Transportation Hub Area project through public private partnership (PPP). T...
Provident Fund Act in Thailand

24 Aug Provident Fund Act in Thailand

One of the most common problems once a middle size company or large company have already started to conduct business in Thailand is how to keep the human assets within the company and avoid the negati...
Key Infrastructure Projects Announced For Thailand

Key Infrastructure Projects Announced For Thailand

66 Key Infrastructure projects in Thailand

During the period 2015-19 there will be 66 key infrastructure projects with an investment of Bt1.58 trillion. With a growing GDP and a population that today is 68 million people, the infrastructure sector will be key for the economy of Thailand according to the Asian Development Bank. The World Bank indicates that this growth can reach 3,5% in 2016. Our construction lawyers and project finance team will support EPC and PPP projects

 

Fashion industry in Thailand and forecast

Historically Thailand has been a big producer of silk and cotton. Today the garment and textile sectors, with 4.000 companies, are two of the top revenue generating industries, ranking 15th in the World in terms of exports and employing 1 million workers. The opportunities within the Thai Fashion Industry are unique. According Department of Industrial Promotion (DIP) within the next 3 years the fashion industry in Thailand is expected to reach US$28 billion. The exports of Thai Fashion garments to United States, Japan and UK account 54% of the exports. Thailand due to its historical reputation of textiles and its strategic location among Laos, Malaysia, Myanmar and Cambodia has real opportunities to become the hub of the Fashion industry in Asean.

 

2016 Board of Investment of Thailand positive data

Board of Investment of Thailand BOI announced that the value of foreign investment during March 2016 was 54 billion baht, what means 420% above the same month last year. Japanese and Netherlands were the largest investors in the automotive parts, contact lenses and environmental friendly polymer sectors with a total of 311 approved projects.

 

Juslaws & Consult become member of Thai Hotel Association

We feel glad to announce that Juslaws & Consult has become member of the Thai Hotel Association. This entity, established in 1963 with 848 members, works to protect the hospitality industry. Our membership starts in a positive context for the industry with a growth of passengers in Thai airports of 13,73% and a record of 32.32 million people. Due to our Phuket and Bangkok office’s strong practice working for foreign companies in the hospitality and real estate segment, our membership in this organism was more than a logical consequence.

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