Force Majeure & the Impact of COVID-19 on Trade Finance Transactions
MPG would like to share the latest update about Force Majeure & the Impact of COVID-19 on Trade Finance Transactions. In this article, MPG reviews the International Chamber of Commerce’s (ICC) response to COVID-19 and the question of force majeure, as well as considerations for force majeure under trade finance […]
Ease of Doing Business: Proposed Amendments to the Civil & Commercial Code
MPG would like to update illustrates the two sets of proposed amendments to the Civil and Commercial Code passed by the cabinet on June 9th and June 23rd. The draft amendments represent another step in Thailand’s journey of streamlining and modernizing business regulations, simplifying processes for company incorporation and reducing the […]
COVID-19 Customs Exemption for Goods in Transit and Transshipment
MPG would like to update about tax which illustrates the Ministerial Regulations published in the Government Gazette on July 21st, 2020, which exempt importers of goods in transit or transshipment from the 30-day deadline to send goods out of Thailand. The exemption applies for the period between March 26th, 2020 and […]
Ease of Doing Business in Thailand
On Tuesday, 21st July 2020 EABC attended a seminar “Ease of Doing Business in Thailand” hosted by The Mahanakorn Partners Group (MPG). In the seminar, EABC had the opportunity to update on Thailand’s Regulatory Guillotine Project while Ratchada Anantavrasilpa, Senior Financial Sector Specialist at the World Bank Group, explained the […]
Workshop on Blueprint to support COVID-19 recovery period
On Friday 21st July 2020, EABC Healthcare & Pharmaceuticals working group held the workshop on Blueprint to support COVID-19 recovery period (Telemedicine, E-Pharmacy & E-Health […]
COVID-19 Excise Tax Exemptions and Reductions
MPG would like to update illustrates the Ministerial Regulations published in the Government Gazette on July 8th, 2020, which provides tax exemptions and reductions for goods and services under the Excise Tax Act in order to relieve financial hardship caused by COVID-19. Please read the full update HERE.
