Foreign Business Act (1999) (FBA)iasadmin

Siripen contributes to ABLJ feature story on changes to the Thai FBA

IAS Advisory co-founding partner Ms Siripen Kulworakulpitak was pleased to contribute to Asia Business Law Journal (ABLJ)’s recent feature “Opportunity Knocks,” published on Tuesday 22nd July, about the Thai Cabinet’s decision to amend the Foreign Business Act (1999) (FBA).

The proposed reforms are intended to ease restrictions on foreign business ownership under the FBA and create a more open investment climate. Thailand’s Ministry of Commerce has also been instructed to revoke certain rules under the FBA deemed to have a negative impact on the country’s economic development.

While concerns have been raised over clarity, enforcement and fairness in respect of the amendments, there are doubts about the extent to which the government really intends to modernise the country’s investment framework, and questions remain about the opportunities that will actually be available.

For its feature, ABLJ engaged senior Thai lawyers and other experts to consider what the reforms mean for businesses in practice. Also, to discuss if real liberalisation is likely to follow. Siripen was supported in her work on this project by IAS Advisory senior associate and corporate/M&A specialist Ms Sukontharat Nobnom.

To find out more about Thailand’s recent efforts to ease restrictions on foreign business ownership under the FBA, and to read ABLJ’s full feature, click HERE.

European Union (EU), GDPR, Privaoniasadmin

Anuwat & Piniti discuss how GDPR applies within Thailand

IAS Advisory’s data privacy and personal data protection leaders Mr Anuwat Ngamprasertkul and Mr Piniti Chomsavas are looking forward to speaking as part of Privaon‘s upcoming data protection webinar this Wednesday 6th August 2025 from 12:00 to 13:00 (Bangkok time).

Privaon is a globally recognised company in the fields of privacy and data protection that offers both software and advisory services. Founded in 2014 and based in Espoo, Finland, its core services are “Data Protection Officer as a Service (DPOaaS)” and “DPO365″—a program for planning, managing, reporting and monitoring compliance.

Firm co-founder Anuwat and senior associate and data privacy expert Piniti are looking forward to sharing their insights into how EU data protection principles apply within Thailand and how GDPR can help power EU market trust.

Register for Privaon’s Zoom webinar for free using this link: https://privaon.com/event/navigating-data-protection-the-eu-general-data-protection-regulation-gdpr-and-thailand/

Internship Programme 2025iasadmin

IAS Advisory hosts new cohort of students on its internship programme

In recent weeks, IAS Advisory has been hosting a number of pupils from leading Thai educational establishments on its internship programme.

Ms Anna Chanviriyawut from Amnuay Silpa School joined us from Tuesday 8th April to Friday 2nd May. Ms Pinyada Sornarra from Chulalongkorn University was part of the team from Wednesday 4th June to Friday 20th June. Ms Hanna Mai Haugerudbraaten from NIST International School was with us from Monday 16th June to Friday 27th June. Mr Kongnat Buranawit and Mr Prin Apisarnthanarak, both from Amnuay Silpa School, joined us from Monday 30th June to Friday 4th July. And Mr Noparooj Chotima from Bangkok Patana School was part of the team from Wednesday 18th June to Wednesday 9th July.

All students were enthusiastic and diligent and effectively handled each assignment they were given. Throughout their time with us, they expanded their legal knowledge, acquired new skills, and left a positive impression on all staff at the firm.

IAS Advisory has so far welcomed 25 students onto its internship and training programme since its inception nearly two years ago. The firm is committed to providing opportunities for growth and giving young people a platform to learn and make a difference.

Thank you to all interns! We look forward to hearing about your future endeavours and to welcoming you again on your next visit to our offices.

Anuwat Ngamprasertkul, National TViasadmin

MEDIA: a must-check list before deciding on home ownership

For many, home ownership is one of life’s major milestones, signifying success, stability and independence. Yet, while a home is considered one of life’s necessities, actually buying one is rarely straightforward.

Whether it’s a condo unit or townhouse in the city, or a new build suburban property that reflects the buyer’s own unique vision and style, home ownership requires legally binding contracts and negotiations and a willingness to make one of life’s biggest financial commitments.

So, how do you improve your decision-making and reduce risk when making a property purchase? How do you safeguard your investment and avoid unforeseen issues that may be costly or complicated to resolve later on? How do you make the home ownership process as smooth and secure as possible? What are the need-to-knows before buying?

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 Tuesday 17th June 2025 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website HERE.

Anuwat Ngamprasertkul, National TViasadmin

MEDIA: reasons to keep your personal information private

IAS Advisory co-founder Mr Anuwat Ngamprasertkul made his latest appearance on national TV in Thailand in the first episode of the latest series of “Good Thinking, Good Society,” a popular news and current affairs programme on TNN2 (TrueVisions channel 784).

Anuwat appeared alongside Mr Surachai Chaiyarangkitrat, Chief Technology Officer (CTO) of Pcubed Thailand, to discuss local data protection laws and the importance of keeping your personal information private.

TNN2 is known in Thailand for presenting a variety of programmes, content, knowledge, and entertainment so that family members and general audiences can get the most out of news consumption. Watch TNN2 HERE.

Hosted by esteemed broadcaster and presenter Dr Denchai Akaradajdachachai, “Good Thinking, Good Society” airs every Saturday and Sunday from 10:00 to 10:30. This episode premiered on 15th June 2025. Disclaimer: all content is owned by TNN Thailand. Visit the TNN Thailand website HERE.

Benchmark Litigation, Star Firmiasadmin

IAS Advisory recognised by Benchmark Litigation as “Star Firm”

IAS Advisory is honoured to be featured as a “Star Firm” in the 2025 edition of Benchmark Litigation Asia-Pacific.

Co-founding partner Mr Anuwat Ngamprasertkul, who oversees the firm’s Litigation, Dispute Resolution & Arbitration practice, is also highlighted as a “Litigation Star” for Commercial & Transactions.

Benchmark Litigation is seen as the definitive guide to the world’s top litigation firms and lawyers. Its rankings are based on extensive interviews with litigators, dispute resolution specialists, and clients. Various research methods are used to analyse and rank legal practitioners including case evidence, client feedback, and peer review by law firm partners and industry competitors.

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News Bulletin, Piniti Chomsavasiasadmin

Announcement | Mr Piniti Chomsavas promoted to Senior Associate

We are delighted to announce the promotion of Mr Piniti Chomsavas to Senior Associate, with a key leadership role overseeing our Data Privacy & Personal Data Protection practice.

Piniti is a certified member of the International Association of Privacy Professionals (IAPP) and holds the esteemed Certified Information Privacy Professional/Europe (CIPP/E) designation—widely recognised as the gold standard for privacy professionals worldwide.

Having been with IAS Advisory since its inception, Piniti has played a pivotal role in shaping the firm’s growth and direction. With over nine years of legal experience across both a Big Four audit/consulting firm and a leading law firm, he brings a well-rounded and strategic perspective to complex legal matters.

Beyond his data privacy expertise, Piniti is actively involved in our commercial litigation, shareholder disputes, white-collar crime, and employment law practices. He also serves as a trusted legal advisor on numerous public-private partnership (PPP) infrastructure projects.

Please join us in congratulating Piniti on this well-deserved promotion.

Congratulations, Piniti, from all of us at IAS Advisory!

Anuwat Ngamprasertkul, National TViasadmin

MEDIA: things to consider when drafting an NDA

What are trade secret non-disclosure agreements (NDAs)? Why do companies require other businesses to sign them when entering into negotiations? What legal protections do they offer and how do you ensure compliance? Also, how important are trade secrets to the overall success of a business? What terms should HR departments include in NDAs for new staff?

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 17th February 2025 on Thai PBS, Thailand’s public broadcasting service. Disclaimer: all content is owned by Thai PBS. Visit the Thai PBS website HERE.

ABLJ, Thailand Law Firm Awards 2025iasadmin

IAS Advisory named among Thailand’s top law firms

IAS Advisory has been chosen as one of Thailand’s best law firms by Asia Business Law Journal (ABLJ). The firm is noted for its consistent track record of success and is honoured to be named alongside the country’s top achievers.

ABLJ’s annual law firm awards are based on nominations, references, and qualitative information received from in-house counsel and other legal professionals in Thailand and around the world.

The firm has been featured by ABLJ regularly over the years, and is among the winners again in this year’s “Real Estate” and “Litigation” categories, overseen respectively by firm co-founders Mr Ittinant Suwanjutha and Mr Anuwat Ngamprasertkul.

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Srinakharinwirot Universityiasadmin

Interns join IAS Advisory from Srinakharinwirot University

The firm was delighted to host two pupils from Srinakharinwirot University‘s Faculty of Social Sciences recently on its internship programme.

Mr Napach Tangpitakpaisal and Mr Pattapon Thammasan joined us for 12 weeks from Monday 6th January to Friday 28th March 2025.

Both students were enthusiastic and hard-working. They managed assignments well and adapted quickly to every task they were set. They demonstrated new skills during their time with us and enhanced their legal knowledge, and left a positive impression on all staff with whom they worked.

Srinakharinwirot University is a prominent Bangkok-based public autonomous university. Founded in 1949, it has four colleges and 17 faculties across two campuses. Several faculties run programmes jointly with overseas institutions, broadening the university’s knowledge base.

IAS Advisory has so far welcomed 17 students onto its internship and training programme over the past 18 months. The firm is committed to providing opportunities for growth and giving young people a platform to learn and make a difference.

Thank you to Srinakharinwirot University and to Napach and Pattapon! We look forward to hearing about your future success and hope you will visit us again soon.

Find out more about Srinakharinwirot University HERE.

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