thailand - Real Estate

EEC Land Leases under Strict Rules for sake of National Interests: Government Spokesman

BANGKOK, Mar 10 (NNT) - A 99-year-old lease on land in the Eastern Economic Corridor will be provided under strict official regulations to protect national interests, said Government Spokesman Lt Gen Sansern Kaewkamnerd.
Date: 10 March 2018; Type: Legal News; Source: National News Bureau of Thailand

Government: Thailand has a Law Governing Property Leases in EEC Provinces

BANGKOK, Mar 11 (NNT) - Properties in the Eastern Economic Corridor are leased to foreign firms under the Act on the Lease of Immovable Property for Commercial and Industrial Purposes B.E. 2542, according to a government spokesperson.
Date: 11 March 2018; Type: Legal News; Source: National News Bureau of Thailand

Seminar held to ensure understanding on New Land and Building Tax Act

BANGKOK, Feb 13 (NNT) - Relevant agencies have jointly hosted a seminar on Thailand's new Land and Building Tax Act to ensure understanding of its contents before it takes effect in 2019.
Date: 13 February 2018; Type: Legal News; Source: National News Bureau of Thailand

Songkhla Officials seize Forest from Law-Breaking Venture

SONGKHLA, Jan 21 (NNT) - Relevant agencies in the southern province of Songkhla have launched a forest reclamation operation in Saba Yoi District following reports of law-breaking capitalists encroaching on parts of a national park.
Date: 21 January 2018; Type: Legal News; Source: National News Bureau of Thailand

NLA’s First Vice President receives Petition on Disclosure of Deliberation of Land and Building Tax Act

BANGKOK, Nov 17 (NNT) - The National Legislative Assembly has been asked to disclose the details of its deliberation of the Land and Building Tax Act.
Date: 17 November 2017; Type: Legal News; Source: National News Bureau of Thailand

Entrepreneurs given 30 Days to move off Encroached Land

PHUKET, Nov 16 (NNT) - The Department of Special Investigations (DSI) has directed entrepreneurs who have encroached on Le Phang Beach in Phuket to remove their constructions within 30 days. The area will then be used for public purposes.
Date: 16 November 2017; Type: Legal News; Source: National News Bureau of Thailand

NLA extends Deadline for Deliberation of Draft Amendment of Land and Buildings Tax Act

BANGKOK, 22nd September 2017 (NNT) - The National Legislative Assembly has resolved to deliberate the new draft Land and Building Tax Act later, due to several unresolved issues.
Date: 22 September 2017; Type: Legal News; Source: National News Bureau of Thailand

Interior Ministry promises Action if Fraud found in Khon Kaen Land Use

KHON KAEN, 14th September 2017 (NNT) - The Minister of the Interior has asserted action will be taken if any forging of documents is discovered in the process that allowed private use of a public area in Pa Huay Mek of Khon Kaen province, with local residents stating they had filed opposition to the approval.
Date: 14 September 2017; Type: Legal News; Source: National News Bureau of Thailand

PM grants Land Documents to farmers

NAKHON RATCHASIMA, 21 August 2017 (NNT) - The Prime Minister visited Nakhon Ratchasima province to follow up on local government programs and deliver land deeds to farmers for occupational use.
Date: 21 August 2017; Type: Legal News; Source: National News Bureau of Thailand

DSI to reclaim Land acquired illegally by Foreigners

KANCHANABURI, 17th August 2017 (NNT) - The Department of Special Investigation (DSI) is investigating a claim that Thai and foreign nationals illegally hold two plots of land in Kanchanaburi province.
Date: 17 August 2017; Type: Legal News; Source: National News Bureau of Thailand

Chiang Rai to reclaim 5,000 Rai of protected Forest from Illegal Farming

CHIANG RAI, 21 June 2017 (NNT) - Soldiers and police officers have reclaimed more than 5,000 rai of encroached land in Huai Sak National Park of Chiang Rai province.
Date: 21 June 2017; Type: Legal News; Source: National News Bureau of Thailand

NLA promises to review Land and Building Tax Bill

BANGKOK, 22nd April 2017 (NNT) – The National Legislative Assembly (NLA) has promised to review the draft Land and Building Tax Act to prevent social inequality.
Date: 22 April 2017; Type: Legal News; Source: National News Bureau of Thailand

INDUSTRY UPDATES

CCCS clears Proposed Merger between Essilor and Luxottica

The Competition and Consumer Commission of Singapore (“CCCS”) has issued a clearance decision on the proposed merger between Essilor International (Compagnie Generale d’Optique) S.A (“Essilor”) and Luxottica Group, S.p.A. (“Luxottica”) (collectively “Parties”). CCCS has concluded that the merger, if carried into effect, will not infringe the section 54 prohibition of the Competition Act (Cap. 50B).

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House and Senate successfully hold “Sports Dual Meet 2018”

The House of Representatives and the Senate on Thursday successfully held their second congressional sports invitational tournament dubbed “Sports Dual Meet 2018” at the House Sports Complex in Batasan Hills, Quezon City.

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President Joko Widodo to attend ASEAN Summit in Singapore

Jakarta Apr 20 (ANTARA News) - President Joko Widodo will attend the the 32nd Association of Southeast Asian Nations (ASEAN) Summit in Singapore on April 27-28, 2018.

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Police probes Facebook over Data Privacy Violation

Jakarta, Apr 19 (ANTARA News) - The National Police is currently investigating third-party applications on Facebook that have allegedly violated the data privacy of users, an official stated here on Thursday.

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Lawyer claims Trial to CBT of more than RM100,000

GEORGE TOWN, Apr 20 (Bernama) - A lawyer pleaded not guilty in the Sessions Court here today to criminal breach of trust involving more than RM100,000.

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IRBM confirms having issued Letters to International Schools

KUALA LUMPUR, Apr 19 (Bernama) - The Inland Revenue Board of Malaysia (IRBM) today confirmed that it had recently issued letters to the management of several international schools, here.

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Role of In-house Lawyers must evolve, says Judge

In an event that unveiled a study of local general counsel by the Singapore Corporate Counsel Association and global law firm CMS, Judge of Appeal Steven Chong has given in-house counsel several pointers on what they need to do in their evolving role.

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Passenger-Facing Cameras: encrypt Recordings and restrict Access

The new rule that allows the cab and private-hire car drivers to install infacing cameras should not threaten the passenger privacy according to customer feedback.

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Cabinet confirms Appointment of New Permanent Secretary of Finance

BANGKOK, Apr 18 (NNT) - The Cabinet has officially confirmed the appointment of the new Permanent Secretary of the Finance Ministry.

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Thailand preparing to host 12th ASEAN Skills Competition

BANGKOK, Apr 18 (NNT) - Thailand is making preparations to host the 12th ASEAN Skills Competition, the objective of which is to urge adolescents and workers in the region to be enthusiastic about developing their skills in line with new technology.

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Government pardons nearly 8500 Prisoners, including Student Activists’ Killer

The Presidential Office announced on Tuesday that 8541 prisoners, including 51 foreigners, were released from prisons across the country.

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Tax Exemption on Mega Projects given since 1980s - Customs DG

PUTRAJAYA, Apr 19 (Bernama) - Tax exemptions have been awarded to several large projects owned by the Government since the 1980s, and the issue of waiving the Goods and Services Tax (GST) for procurement of materials and services related to the East Coast Rail Link (ECRL) project should not be played up, said Customs Director-General Datuk Seri Subromaniam Tholasy.

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GST Compliance good, says Customs Department

KUALA LUMPUR, Apr 18 (Bernama) - The Goods and Services Tax (GST) compliance in Malaysia is good even though there is still a need to continue to promote tax education.

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Illegal OFWs in Kuwait have until Thursday to avail of Amnesty Program

KUWAIT, Apr 18 (PNA) - Philippine Ambassador to Kuwait Renato Villa has announced that the Kuwaiti Department of Immigration under the Ministry of Interior has officially declared Thursday (April 19) as the last day for Filipinos to file their application for the amnesty program set to expire on April 22.

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Indonesia, Vietnam discuss Cooperation in Fisheries and Maritime Affairs

Jakarta Apr 18 (ANTARA News) - Indonesian Foreign Minister Retno Marsudi discussed cooperation in maritime affairs and fisheries with her Vietnamese counterpart, Pham Bihn Mihn, during the third joint commission meeting between the two countries.

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