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…
In 2016, the average occupancy rate rose from the previous year’s 65.1% to 67.8% Occupancy rates and revenue for hotels will tend to grow in line with continuing growth momentum of the markets for both domestic and international tourism, in particular for increases in the number of Chinese tourists coming to Thailand, who currently account…
Automobile manufacturing has long been the pillar industry of the Thai economy In 2017, the output value of automobile manufacturing accounted for more than 10% of Thailand’s GDP. With its superior geographic location and government support, Thailand has become the largest automobile producer in Southeast Asia, and is called the Detroit of Asia. Automobile manufacturing…
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 $537 daily treat With roughly 20 million international overnight visitors,…
Thailand ranks 6 th among the ten most important economies in Asia according to DataLeads China, world’s second-largest economy stands tall with US$ 25.3 trillion and is up by 9% from 2017 followed by India at 10.38 trillion which is up by 9.8% showing growth over the preceding year. Thailand ranks 6 th among the…