There is no easy way to describe the reality facing millions of Asian children in slave labor. But consumers need to know this reality has a face – that of a child begging you to do something.
When you buy a knock-off Prada bag on the street corner you – and maybe only you – know what you have – a fake. What you may not know is there’s an increasing likelihood the bag and millions like it were manufactured by children. → Read more
The Thai Government recently enacted the country’s first product liability legislation. The Unsafe Goods Liability Act B.E. 2551 (2008) is groundbreaking legislation as it empowers the court, for the first time, to grant punitive damages to injured parties. International Partner Marcus Clark, Senior Associate Rawat Chomsri and Associate Jeffrey Sok report on the new product liability legislation in Thailand that will hold manufacturers, importers and sellers jointly liable for injuries sustained from use of a good deemed unsafe. → Read more
On 8th August 2007, the National Legislative Assembly (NLA), at the behest of the Minister of Commerce, returned the Amendment (Amendment) to the Foreign Business Act (Act) to the Extraordinary Committee on the Foreign Business Act (Committee) for further review and revision after the Amendment’s second reading by the NLA. Details regarding the Amendment are available at: http://www.siamlaw.co.th/publications/11jan07.htm → Read more
The Trade Competition Act B.E. 2542 (1999) came into affect on May 1, 1999. The main objective of the Act was to create free and fair trade for Thailand’s business community. However, the aim of the Act has not been achieved during the past eight years and it could be argued that the Act had become a ‘Paper Tiger’ since it was promulgated. The inefficacy of the Act has largely been due to that fact that no Royal Decree had been issued determining the meaning of ‘Market Dominance’. Since enactment, many consumer groups have tried to push past governments to issue the Royal Decree to define Market Dominance but until recently, their efforts were ignored. The lack of action on this issue may well have been due to the fact that the definition of Market Dominance is likely to have an adverse effect on the business groups that back political parties. → Read more
Shin Corporation Public Company Limited (Shincorp) is a public company listed on the Stock Exchange of Thailand. Shincorp is a telecommunications holding company with investments mainly focused on the telecoms industry, as well as others. Shincorp investments include the following:Background information
Shin Corporation Public Company Limited (Shincorp) is a public company listed on the Stock Exchange of Thailand. Shincorp is a telecommunications holding company with investments mainly focused on the telecoms industry, as well as others. Shincorp investments include the following: → Read more