The Board of Investment (BOI) has cancelled investment incentives for International Headquarters (IHQ) and International Trading Centres (ITC), and is no longer accepting applications for IHQ and ITC. IHQs and ITCs that are already receiving incentives will continue to do so until those incentives expire.
A draft amendment of the Labour Protection Act, 2541 B.E. (1998 A.D.) (“the Draft”), was approved by the National Legislative Assembly on 13 December 2018. After the Draft is approved by His Majesty the King, it will be published in the Royal Gazette and become effective 30 days later.
Direct marketing is one of the businesses controlled under the Direct Sales and Direct Marketing Act, 2545 B.E. (2002) (“the Act”). An entity conducting such a business must register with the Office of the Consumer Protection Board (“the OCPB”) beforehand.
On 10 October 2018, the Workmen’s Compensation Act (No. 2), 2561 B.E. (2018 A.D.) (“the New Act”), to amend workmen’s compensation law, was published in the Royal Gazette, and the amendment will become effective on 9 December 2018.
On 20 September 2018, the National Legislative Assembly (“NLA”) approved, in principle, draft amendments to the Labour Protection Act, 2541 B.E. (1998 A.D.) (“Draft Amendments”). Significant changes introduced by the Draft Amendments are summarized below.