A commitment to meet current global business needs by following the trend towards liberalisation continues after the change of government in July 2011. Even the flooding of major parts of the country, which inundated seven major industrial estates and temporarily slowed down manufacturing, did not change Thailand’s general course of attracting foreign investment by bringing its legislation in harmony with international norms. The government has introduced important legislation over the last…
From The Report: Thailand 2012
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In partnership with Tilleke & Gibbons, OBG takes a look at Thailand’s legal system. Key points include revised investment incentives and new tax breaks for foreign companies, as well as the impact of new free trade agreements. Darani Vachanavuttivong, Co-Managing Partner and Managing Director of Intellectual Property (IP) at Tilleke & Gibbins, offers a viewpoint on the importance of IP rights.