Anuwat in special ABLJ feature on geopolitics & business in Asia

IAS Advisory co-founder Mr Anuwat Ngamprasertkul was pleased to contribute to Asia Business Law Journal (ABLJ)’s recent cover story and editorial feature “Risky Business,” which was published on Monday 25th November 2024.

Against a worrying backdrop of two hot wars, trade conflicts, tit-for-tat international sanctions and cyber-threats, ABLJ engaged some of the top lawyers and in-house counsel in Asia to discuss the specific geopolitical risks and threats that are impacting them, as well as their strategies for success and survival.

Jurisdictions covered in ABLJ’s feature include Singapore, Japan, China, Hong Kong, Vietnam, South Korea, India, Indonesia, The Philippines, and Thailand.

Read the full cover story HERE.

MEDIA: things to consider before nationwide wage increase takes effect

The Thai government’s decision to increase the daily minimum wage rate in the country to THB 400 has been getting significant attention. While many advocate for higher wages to support workers, others are concerned about the overall impact on the economy.

Some analysts believe that businesses will simply pass on the additional labour costs to consumers, driving up the price of goods and services, limiting consumer spending, and potentially leading to higher inflation. Other analysts say that businesses will have no choice but to announce layoffs and redundancies.

As the law moves closer to implementation, it is important for both employers and employees to understand the broader economic consequences and their rights under this new policy.

Join the discussion with IAS Advisory co-founder Mr Anuwat Ngamprasertkul in an episode of the popular evening TV programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin.

This episode premiered on Monday 11th November 2024 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website HERE.

MEDIA: Thailand to lift foreign condo ownership cap & extend lease terms

Home ownership is a dream for many Thai people. Yet, the number of mortgage applications being denied is rising steadily. The Thai government has announced stimulus measures to boost local people’s purchasing power but also to attract additional foreign investment into the country’s real estate sector. These measures include proposals to increase foreign ownership quotas for condominiums from 49% to 75% and extend land leasehold terms from 30-50 years to 99 years.

Concerns are being raised by local people about already soaring property prices and the impact on housing markets of foreigners using condos as buy-to-let investments.

But what form will the government’s proposed regulations actually take? How will the changes affect housing markets? How likely is it that homes will become unaffordable for local people? Are their concerns regarding foreign investment justified? What other regulations can be introduced to mitigate any adverse effects?

Join the discussion with IAS Advisory co-founder Mr Anuwat Ngamprasertkul in an episode of the popular evening TV programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin.

This episode premiered on Thursday 12th September 2024 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website HERE.

Anuwat gives “Personal Information Protection” address in Lao PDR

IAS Advisory co-founder Mr Anuwat Ngamprasertkul was greatly honoured to give an address as part of the special seminar “Personal data privacy compliance when carrying out business in Lao PDR,” which took place on Thursday 26th September at DoubleTree by Hilton Vientiane in Lao PDR.

The event was organised by the Thai Business Association of Lao PDR (TBAL), Thailand’s Department of International Trade Promotion (DITP), and the Royal Thai Embassy in Vientiane, Lao PDR.

Distinguished chairpersons of the seminar included H E Ms Morakot Sriswasdi (Ambassador of the Kingdom of Thailand to Lao PDR), Mr Kawin Viriyapanich (Minister-Counsellor (Commercial), Royal Thai Embassy, Vientiane, Lao PDR), and Mr Thamnong Pholthongmak (TBAL President).

In his address, Anuwat detailed how Thailand’s Personal Data Protection Act (PDPA) is affecting the way Thai companies are doing business, its impact on international transactions, and how the PDPA applies when conducting business operations in Lao PDR.

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IAS Advisory key sponsor for prestigious “Thailand ADR Week 2024”

IAS Advisory was delighted to support “Thailand Alternative Dispute Resolution (ADR) Week 2024,” which took place in the Grand Ballroom of the Anantara Siam Bangkok Hotel from 18th-20th September. Distinguished guests included Police Colonel Mr Tawee Sodsong, Thailand’s Justice Minister, and Ms Pongsawat Neelayothin, Permanent Secretary of Thailand’s Ministry of Justice.

The theme of this year’s event was “Emerging Trends in ADR,” with sessions focused on charting the future of dispute resolution through international and regional developments. Attendees gained global perspectives and insights into regional and international ADR trends, best practices, and emerging legal frameworks. They heard expert analysis from renowned ADR practitioners, mediators and arbitrators, discussed the latest research, and learnt about cutting-edge approaches and upcoming initiatives and projects.

IAS Advisory co-founder Mr Anuwat Ngamprasertkul co-hosted the Day 2 session, “The ASEAN Way: Implications for Disputes along the OBOR (One Belt, One Road),” in which he discussed steps for conflict resolution and how to control potential damage.

He showed stakeholders how to be proactive in avoiding disputes arising from projects along the OBOR in ASEAN countries, and emphasised the need for clear, well-drafted contracts that align with local and international laws and incorporate pre-agreed dispute resolution mechanisms, such as mediation or arbitration clauses, which can help address conflicts before they escalate.

IAS Advisory’s dispute resolution, litigation & arbitration head Mr Chumphon Macharoen also joined, together with associates Mr Tataraj Indrasukhsri and Mr Tanadej Kanitthanon.

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MEDIA: all you need to know before agreeing to become a creditor

In an economic downturn, one thing lots of people may have to face is borrowing money from friends or acquaintances. The loan may be interest-free, without collateral, or even without any loan documents. Because personal relationships can make it difficult to discuss these matters, the creditor may end up being the one who suffers instead if the debt is defaulted.

In this episode of the popular evening TV programme Home Economy hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin, IAS Advisory co-founder Mr Anuwat Ngamprasertkul shares everything you need to know before agreeing to become a creditor, including all the do’s and don’ts and should’s and shouldn’ts.

This episode premiered on Tuesday 10th September 2024 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website HERE.

MEDIA: what can freelance workers do to protect their rights and interests?

In 2023, from 39.22 million employed people in Thailand, as many as 52.19% or 20.46 million were self-employed. This was an increase from the previous year and the number of people freelancing is likely to continue to grow.

Yet, freelance workers often face difficulties such as slave contracts, delays in payment, unreasonable work modifications, or even not clearly stating remuneration due to the employer’s concerns. So, what do you need to know to protect yourself and protect your rights?

Join the discussion with IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul in an episode of the popular evening TV programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin.

This episode premiered on Wednesday 19th June 2024 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website HERE.

MEDIA: how to avoid conflict in family-owned businesses

Running a successful family business requires understanding each family member’s needs and concerns; also, collaborating constructively in terms of legal compliance, business possibilities, and family conflict management.

So, how do you work through tensions and keep relationships intact for the long term? How do you resolve family-related conflict and work as a team to ensure fairness and preserve wealth for inheritance? How can you safeguard your estate to avoid family disputes?

Join the discussion with IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul in an episode of the popular evening TV programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin.

This episode premiered on Monday 10th June 2024 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website HERE.

IAS Advisory co-host for prestigious “Thailand ADR Week 2024”

As a sponsor of the Thailand Arbitration Center (THAC), IAS Advisory proudly invites all in-house legal counsels, legal advisors, and others to join “Thailand Alternative Dispute Resolution (ADR) Week 2024,” from 18th-20th September 2024.

This year’s event, “Emerging Trends in ADR,” takes place over three days at the Anantara Siam Bangkok Hotel, with sessions focused on the future of dispute resolution through international and regional developments.

Guest speakers include Police Colonel Mr Tawee Sodsong from Thailand’s Ministry of Justice and Prof Dr Mohamed S Abdel Wahab, founding partner and head of international arbitration, construction, and energy at Zulficar & Partners Law Firm (Egypt).

IAS Advisory is honoured to co-host, together with THAC and Watson Farley & Williams, the session “The ASEAN Way: Implications for Disputes along the OBOR (One Belt, One Road)” on Day 2.

Seats are limited, so book now! The early bird registration fee for “Thailand ADR Week 2024” is THB 4,900 until 31st July 2024, after which the cost of registration will increase to THB 6,700. For more information, visit: https://thac.or.th/thailand-adr-week-2024/

Reserve your place here: https://event-booking.thac.or.th/en/event/adrweek2024/s1

MEDIA: how can landlords defend against claims for adverse possession?

Under what circumstances can non-owning third parties claim valid title to a landlord’s property? What should a landlord do in the event of a potential adverse possession claim? What countermeasures are available and what are the do’s and don’ts for landlords for avoiding and dealing with this issue?

Join the discussion with IAS Advisory co-founding partner Mr Anuwat Ngamprasertkul in an episode of the popular evening TV programme Home Economy, hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin.

This episode premiered on Thursday 6th June 2024 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website HERE.