On March 2, 2020, the Department of Mineral Fuels (DMF) issued its Notification Re: the Determination of Exploration Blocks for the Bidding for Petroleum Exploration and Production B.E. 2563 (2020). This notification, which repeals the Notification of the Department of Mineral Fuels Re: the Determination of Exploration Blocks for the Bidding for Petroleum Exploration and Production B.E. 2561 (2018), allocates the areas to be used as exploration blocks for the 23rd round of bidding for petroleum and exploration production.

On 28 November 2018, the Energy Regulatory Commission (ERC) passed a resolution to extend the Schedule of Operation Date (SCOD) due to force majeure. Subsequently, the ERC issued the Notification Regarding Methods of Considering the Extension of SCOD to Distribute Power to a Commercial Network Due to Force Majeure. However, the notification did not stipulate specific types or sizes of power plants under energy purchase agreements.

Providing Reports and Plans in Accordance with Environmental Management Procedures for the Decommissioning of Installations Used in the Petroleum Industry

Thailand has previously established the Oil Fund in accordance with Prime Minister’s Order No. 4/2547 on 23 December 2004 (“Order”), which required the implementation of a series of measures aimed at resolving and preventing oil shortages.

A recent notification of Thailand’s Capital Market Supervisory Board (CMSB) has extended the scope of previously granted relief measures for securities-issuing companies by relaxing the requirement to hold the Annual General Meeting (AGM) of the shareholders before submission of audited financial statements to the Office of the Securities and Exchange Commission (SEC). One of the main purposes of the AGM is to formally appoint an auditor to audit the financial statements.

While we’ve all seen how quickly life has changed during the pandemic, from a business and HR angle the possibility of intellectual property misappropriation and theft occasioned by work-from-home policies may not yet be clear to many. With many employees working outside their company’s normal IT security fence, their increased use of their own computers and devices instead of those in their offices with standard or enhanced security mechanisms has made it more challenging for employers to control access to key business information.

Vietnam has managed to keep the COVID-19 outbreak largely under control, but the impact on the economy however, remains uncertain.Thanks to early and decisive action by the government and a cooperative public, Vietnam has kept the COVID-19 pandemic largely under control, with just 334 cases and zero related deaths reported in the country as of June 16.