Thought Leadership Series: COVID-19 Impact on cash flow and business valuation
Cash is king – back to basic Whilst the Covid-19 situation is unprecedented, experience of past economic disruption, such as the 2008 financial crisis, does provide some insight into what is likely to happen in terms of Cash Flow. However, the impact is not uniform. 1. Tax Payment Biggest and important cash flow in business […]
Headline summary as of 20th April 2020
News Last evening, a military police volunteer raided into the house of his father-in-law with guns in Samut Prakarn province. Soon after, the police can take control of the situation. Updates related to COVID-19: Thailand on Sunday reported 32 new coronavirus cases, bringing its total to 2,765. No new fatalities were reported yesterday. Thailand has had […]
Statement by the Prime Minister on 17 April 2020
Prime Minister and Defense Minister General Prayut Chan-o-cha on 17 April 2020 issued a statement to inform the people of his upcoming undertakings and other related issues. The following statement was televised on the Television Pool of Thailand. Dear Thai people, Today I wish to inform you about my forthcoming undertakings and the important role […]
Q&A: Thai Airways flight from Bangkok to Sydney on 25 April
Headline summary as of 17th April 2020
News Issues related to COVID-19: As for today, there are 28 newly confirmed cases, total confirmed cases are at 2,700. Out of the total number, one more reported dead and total death toll is at 47. A rock singer who has been long been known for being hard-line conservative replied to a comment of his […]
FCA Letter to Thai Government – SUPPORT TO BUSINESS TO MAINTAIN EMPLOYMENT
The Thai Courts of Justice (COJ) Allows E-filing of Documents Via New System
In response to the Covid-19 crisis, effective from 24th March 2020 the COJ postponed all the witness hearings of the Court of First Instance scheduled for 24th March 2020 to 31st May 2020 to the end of the year or a later date which may be announced later, subject to certain exeptions such as hearings […]
Department of Business Development (DBD) Relaxes Legal Filing Requirements
In response to the Covid-19 lockdown, the DBD of Thailand has adjusted e-filing systems and implemented new online filing measures to facilitate businesses in complying with their legal filing requirements. This note gives a summary of some of these adjustments and new measures. 1. From 1st April 2020, the following documents can be filed with […]
BIO Eases Filing Measures During th Covid-19 Lockdown
The Board of Investment of Thailand (BOI) has implemented measures to allow BOI promotion appicants and BOI promoted businesses to file more documents online. The BOI has also extended deadlines for BOI promoted businesses to comply with their filing requirements. The BOI supports the work-from-home and the social distancing practices. The major measures include: 1.In […]
PDPA COMPLIANCE PREPARATION – What Businesses Can and Should Do to Be Prepared for Compliance with the Personal Data Protection Act B.E. 2562 of Thailand
This note discusses some of basic steps which businesses/companies should take to be prepared for compliance with the Personal Data Protection Act B.E. 2562 (“PDPA”) of Thailand. The PDPA implementation will start from its full effective date of 27th May 2020. This note does not constitute a legal advice and it is not supposed to […]
