With roughly 20 million international overnight visitors, Bangkok remains in the top spot this year and is unlikely to be challenged Visitors tend to stay in Bangkok 4.7 nights and spend $173 per day on average, but Dubai attracts more big spenders with a whopping $537 daily treat With roughly 20 million international overnight visitors,…
Technological advances and scientific innovations will play a great role in the years to come, and the petrochemical industry is no exception As an extraction technology, fracking is capable of extracting a large quantity of natural gas, which can, in turn, be made into petrochemical raw materials. Technological advances and scientific innovations will play a…
Almost 40 years after its first annual assessment of the global economy, the Forum’s 2018 report changes methodology to asses Global Competitiveness Thailand scores 67.5 to rank 38th in the new index reoriented towards future technology-driven growth How well countries adapt to the Fourth Industrial Revolution (4IR) will determine whether they ‘thrive’ or ‘stagnate’ and…
The Nikkei Asian Review released today its third annual Asia300 Power Performers Ranking This year’s top performers include a number of regional players that may not be well-known to the general public but are nonetheless delivering solid results in terms of these key metrics. The Nikkei Asian Review released today its third annual Asia300 Power…
In Thailand, a testator may disinherit any of their statutory heirs only by an express declaration of their intention to do so. Unlike in other countries in the South East Asia, The Civil and Commercial Code of Thailand does not provide for specific grounds for disinheriting a statutory heir but does provide for grounds from…
In Thailand, where a person died without having executed a will to govern the distribution of his assets, the provisions of the Thai Civil and Commercial Code govern. Under the said law, the whole estate of the deceased person or the decedent will be distributed to his statutory heirs. Intestacy may also be partial, like…
Buddhism is the primary religion in Thailand and it may be a surprise to some that marriages can be terminated through civil enacted divorces. Like many other countries too, the number of divorce cases in Thailand has been increasing in the past years. Divorce in Thailand is classified into two general areas. The uncontested or contested divorces.…
The controversial issue of euthanasia is not only present in Thailand. A lot of countries faces the same issue and considers it as one of its kind. It crosses not only politics but ethics and morality as well. Norms against self determination and laws against practicality. Euthanasia is derived from a Greek word which means…
Trademark Litigation in Thailand on trademarks can be very costly. The matter of Orien SPA Co. Ltd. v. Piyawat Usahakamyang Co. with regards to trademark disputes highlights a few interesting issues. Facts: Company A sought the registration of trademark “DE FIANCE” for clothes and garments in Thailand. The Registrar of Trademark in Thailand however refused to…
Navigating Uncertainty, the October 2018 edition of the World Bank East Asia and Pacific Economic Update Despite a less favorable external environment, the growth outlook for developing East Asia and Pacific (EAP) remains positive, according to the latest World Bank economic report on the region. Growth in developing EAP is expected to be 6.3 percent…