Reading Time: 4 minutesWhat are the HR incentives granted by the BOI to investors who contribute to human resource development? The Thai government is active in pursuing industrial and technology development in the eastern seaboard region under the umbrella of the Eastern Economic Corridor (EEC). The promoted territory initially comprises three provinces, namely Chachoengsao, Chonburi, and Rayong. Economic […]
Reading Time: 10 minutesWhile sitting in your co-sharing office space, anxiously waiting to make your next presentation on your App, you ponder nervously if your investors would be interested in your App. You have worked with your team for many months and this next presentation is one of many you have made to scrutinizing investors. You continue to […]
Reading Time: 4 minutesTrust arrangements used to be totally prohibited in Thailand, but were opened for the capital market investment and fundraising in 2007 by the legislation of The Trust for Transactions in Capital Market Act. Soon after enactment, the Real Estate Investment Trust (“REIT”) became available from various financial institutions for the purposes of fundraising and investment […]
Reading Time: 2 minutesOn 20 February 2018, the Supreme Court and Ministry of Foreign Affairs (“MFA”) concluded a Memorandum of Understanding regarding the Handling of Requests for Technical Assistance in Civil Matters (“2018 MOU”). This new MOU replaces the previous MOU signed on 13 February 2013 (“2013 MOU”). Unlike the 2013 MOU, the 2018 MOU is supported with […]
Reading Time: 4 minutesIntroduction Taching Petroleum Company Limited (“Taching”) and Shell Hong Kong Limited (“Shell”) have respectively sold industrial diesel oil to Meyer Aluminium Limited (“Meyer”) and sue for the diesel oil purchase price. In its defence, Meyer argued that Taching and Shell have colluded to fix the price or exchanged price information in breach of the First […]
Reading Time: 4 minutesIn order to support innovations in the financial technology sector at its current expeditious pace, the Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has implemented a ground-breaking regulatory policy through OJK Regulation No. 13/POJK.02/2018 concerning Digital Financial Innovation in the Financial Services Sector (“OJK Regulation 13/2018”). This long-awaited regulation aims to provide a regulatory corridor […]
Reading Time: 7 minutesIntroduction On 14 March 2019, the Securities and Futures Commission (“SFC”) reprimanded and fined UBS AG and UBS Securities Hong Kong Limited (collectively, “UBS”), Merrill Lynch Far East Limited (“Merrill Lynch”), Standard Chartered Securities (Hong Kong) Limited (“Standard Chartered Securities”) and Morgan Stanley Asia Limited (“Morgan Stanley”) a sum of HK$375 million, HK$128 million, HK$59.7 […]
Reading Time: 5 minutesABSTRACT: Any reform aiming to increase foreign investment in a country can only be accomplished when there is uniformity between the legal provisions and the practices followed by the regulatory authorities. Adherence to legacy legislation and erroneous interpretation of the new laws would erode the objective of the reforms, leading Myanmar off the path toward greater development and progress. With the doors of the banking industry remaining shut […]
Reading Time: 2 minutesIt is Circular No. 03/2019/TT-NHNN dated 29 March 2019 (“Circular 03”) due to amend Circular 32/2013/TT-NHNN dated 26 December 2013 (“Circular 32”), the State Bank of Vietnam relaxes the restrictions on the use of foreign currency in Vietnam. Principle of restriction on use of foreign currency in Vietnam Under Circular 32, except for 16 limitative […]
Reading Time: 4 minutesIntroduction On 3 February 2019, the Higher People’s Court of Beijing Municipality (“Beijing High Court”) handed down its judgment and determined that the trademark “MLGB” had a vulgar meaning, was of low style, and may endanger the socialist morality; and therefore shall be invalidated in accordance with Article 10(8) of Trademark Law of the People’s […]
Reading Time: 2 minutesIt is Circular No. 03/2019/TT-NHNN dated 29 March 2019 (“Circular 03”) due to amend Circular 32/2013/TT-NHNN dated 26 December 2013 (“Circular 32”), the State Bank of Vietnam relaxes the restrictions on the use of foreign currency in Vietnam. Principle of restriction on use of foreign currency in Vietnam Under Circular 32, except for 16 limitative […]
Reading Time: 1 minutes降级通常涉及职位降低，或者工作职责和/或薪水的减少。员工出现业绩不良、能力有限等情况但又无需辞退时，雇主都可能会考虑对其进行降级处理。
不管是什么原因，雇主考虑降级时都要慎之又慎。降级应当合法而又专业；否则雇主可能面临不必要的投诉举报。
