The Thai government has identified the aviation industry as a key driver for the country’s economic growth. To spur investment in aerospace manufacturing, the government, through the Board of Investment (BOI), has introduced a number of incentives. The areas of focus include the manufacturing and repair of aircraft and aircraft components.

The Law on Investment Promotion No. 14/NA (LIP) became effective in Laos on April 19, 2017, and replaces the Law on Investment Promotion No. 02/NA, dated July 8, 2009, and its Decree on the Implementation of the Investment Law (2009) No. 119/PM, dated April 20, 2011. The new LIP aims to facilitate investments in Laos for both domestic and international private investors by providing a more seamless process for business applications, license issuance, and government approval.

Thailand implemented its main competition law, the Trade Competition Act (TCA) B.E. 2542 in 1999, and was the first country to do so in the ASEAN region. The 1999 TCA focused primarily on prevention of unfair trade practices, and restricted the formation of cartels and the conducting of monopolistic trade activities. However, over the course of the past 18 years, no prosecution has ever been brought against any business operator who breached the TCA, and therefore, enforcement of the TCA is renowned for being lacking, ineffective, and impractical.

Indonesia recently enacted a regulation as part of the process for implementing its new Trademark Law, Law No. 20 of 2016 on Marks. Effective since February 1, 2017, “Minister of Law and Human Rights Regulation No. 67 of 2016 on Trademark Registration” sets out several key points under Indonesia’s new trademark law system.

Cambodia’s patent system is still relatively young, with the Law on Patents, Utility Model Certificates, and Industrial Designs (Law on Patents) enacted in 2003. But over the past two years, the Ministry of Industry and Handicrafts (MIH) has taken important steps to expedite patent protection.

On March 8, 2017, the key stakeholders from Thailand’s public and private sectors were called together for a meeting at the office of the Secretary General to the Prime Minister to discuss issues relating to long-term patent pendency and the need to accelerate the patent application process.

Prior to the establishment of the Central Intellectual Property and International Trade Court (“IP&IT Court”) in 1997, which was the first specialized IP court in South East Asia, an IP-related lawsuit was normally heard in an ordinary court of first instance, which at the time had jurisdiction over such a dispute.

Moving to a senior position within an organization always comes with added responsibilities. As a company director in Thailand, not only are you expected to manage the smooth operation of your business, but you must also ensure that your company  does not commit any offenses or you do not omit to give instruction or take action under various laws that could result in you, as the director, being held separately liable for the offenses along with your company.