You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

January 22, 2015

Tiziana Sucharitkul Interviewed by Asian Legal Business on Developments in Thailand

Asian Legal Business

As part of its yearly forecast of Asia’s largest economies and their legal industries, Asian Legal Business  interviewed Tiziana Sucharitkul, co-managing partner and director of the Tilleke & Gibbins dispute resolution department, for her thoughts on Thailand’s recent developments and the country’s projected outlook. Tiziana’s comments were included in the January edition of the magazine in a cover story dubbed “The Year in 2015.”

Speaking on the rapid reforms pushed through by Thailand’s military government to revitalize the country’s economy, Tiziana said, “as one of its preliminary steps in this direction, the government has collaborated with Thailand’s Board of Investment to develop a seven-year investment promotion strategy (2015-2021).” She said that we should expect to see developments take place in 2015 to give effect to this promotion strategy. Tiziana also spoke on Thailand’s Foreign Business Act and the proposed changes to restrict foreign ownership, which were rebuffed, saying, “Thailand’s military leaders are apparently inclined to foster a friendly, stable investment climate that is in line with ASEAN Economic Community integration.”

Asian Legal Business  is a legal magazine focused on the latest developments in Asia. If you would like to read the full article, please visit the Asian Legal Business website or click on the PDF below.

RELATED INSIGHTS​ 

July 30, 2021
On July 29, Tilleke & Gibbins’ dispute resolution group, in collaboration with the Thai Listed Companies Association (TLCA), hosted the second installment of a two-part Thai-language webinar series titled “COVID-19: Business Interruption and Insurance Policy,” which covered perspectives of the insured, insurers, and reinsurers. During the presentation, Thawat Damsa-ard, partner; Anyamani Yimsaard, associate; Noppramart Thammateeradaycho, counsel; Nuanchun Somboonvinij, senior associate; and Suruswadee Jaimsuwan, counsel, jointly discussed legal interpretation of insurance policies, analyzed examples of business interruption policies (including standard clauses such as closure and infection clauses), covered considerations from insurers and reinsurers regarding claim defenses and insurance claims, and provided example cases from other jurisdictions. A full video recording of the webinar is available on the Tilleke & Gibbins YouTube channel.
July 20, 2021
On June 30, 2021, Noppramart Thammateeradaycho, counsel in Tilleke & Gibbins’ dispute resolution department, gave an online presentation on the role of arbitration in the construction sector—particularly in reference to disputes arising from the impact of the COVID-19 pandemic. Noppramart’s presentation was part of a webinar titled “Investment Treaty Arbitration in the Construction Sector.” Organized by the Thai Arbitration Institute (TAI) and Thailand’s Court of Justice, the webinar featured insights on navigating disputes that can arise in connection with international construction projects. During the session, legal experts from Europe and Asia discussed how arbitration can help resolve investment claims in the construction sector that may arise after the COVID-19 pandemic, and explained how host states can benefit from arbitration in settling COVID-19-related disputes involving foreign investors in infrastructure or construction projects. The speakers also shared some of their own experiences related to treaty arbitration in the construction industry and pointed out how investors can benefit from treaty protection. Following the success of last year’s TAI-sponsored webinar on construction arbitration, this webinar was very well attended, with over 300 participants joining the virtual event to hear from the speakers, all of whom are experienced arbitration practitioners.
July 20, 2021
Jay Cohen, partner and director of Tilleke & Gibbins in Cambodia, is quoted in a recent Cambodia Investment Review article on the country’s amended Law on Investment. As the article explains, this new law, which replaces an earlier investment law passed in 1994, was approved in a recent meeting of the Council of the Ministers and offers a number of promising incentives, and streamlining some current procedures associated with establishing and operating a business in Cambodia. In the article, Jay notes that the new Law on Investment expands the number of industries eligible to seek investment incentives. He also discusses the law’s tax incentives, explaining that the key to understanding their effect is knowing how they function with other tax regulations in the country. For instance, the profit tax exemption could be largely negated by existing regulations if that profit is paid out in dividends, so this means that the full benefit of the exemption can only be received if the profits are kept in the business itself. Cambodia Investment Review is a local English-language news outlet reporting on issues related to investment in Cambodia, with articles intended for both local and international readers. The full article is available on the publication’s website.
July 16, 2021
Eric Meyer, a foreign consultant in Tilleke & Gibbins’ dispute resolution department, was profiled in the latest issue of Thai-American Business (T-AB), the quarterly magazine of the American Chamber of Commerce in Thailand (AMCHAM). As co-chair of the AMCHAM Legal Committee, Eric is extremely active in the American business community in Thailand. He applies his unique combination of legal expertise and practical awareness of business concerns in Thailand to identify topics and organize events that are interesting and relevant to a broad range of people. In the T-AB profile, Eric recounts how he came to be involved in AMCHAM after joining Tilleke & Gibbins four years ago, and notes that participation in the group has been an excellent way to stay current with the business community and build connections with professionals across various industries. In response to a question on the outlook for ease of doing business in Thailand, Eric sounded a hopeful note, explaining that the country’s strides in the areas of streamlining and digitizing various aspects of doing business should be able to continue after COVID-19, which has actually hastened digitization in several legal areas that had previously been slower to adapt to recent technological advances. Eric now looks forward to continuing to provide important leadership to the AMCHAM Legal Committee as the country and its business community seek to overcome the persistent challenges of the COVID-19 pandemic and move toward a sustainable economic recovery.