As part of the measures to help ease the impact of the rise in fuel prices, the Cabinet, on 29 March 2022, approved, in principle, the reduction of the contribution rate to the Social Security Fund. This new measure, once the regulations are issued, will reduce the monthly contribution rates of employers and employees from 5% to 1% of wage applicable for three months starting from May until July 2022, to help reduce the cost of living for employees and costs for employers through the SSF system.
The legal regime of export and dual use items control and the trade control of items related to the proliferation of weapons of mass destruction in Thailand is currently governed by the Trade Control on Weapons of Mass Destruction Related Items Act B.E. 2562 (2019), which came into force on 1 January 2020.
With the COVID-19 restrictions beginning to ease in Thailand, along with many parts of the world, the question that comes to mind for most of us, and particularly for employers, is whether it is now the right time to return to the workplace.
The ecosystem of the electric vehicle (EV) market is huge and requires significant investment. While the market forecast is bright, many existing players are still waiting for the right time to invest, not to mention new players considering entering into this emerging market. One of the key drivers to activate the consumers’ buying motivation, the primary factor for advancement of the EV market to the next stage, involves financial incentives.
The Thai Customs Department has launched a Customs Trader Portal, an online web application that gives business operators a convenient option to register as an importer, exporter, and an operator who conducts customs formalities. This platform, implemented on 1 July 2021 for Thai individuals, is more aligned with the current digital economy. It also provides a third registration option for Thai individuals to register as customs formality operators. Previously, there were only two methods manual and E-customs.
Among the major elements of CASE, the “E” (Electrification) is the most discussed element to date. Electric vehicles (EVs) are expected to have the largest market impact on the automotive industry in the near future as well as contribute to the transformation in the structure of the global automotive supply chain.
Mental well-being is the foundation of a healthy life, which can be manifested in a number of ways, including the ability to cope with stress, productivity at work and participation in society in general. The importance of mental health cannot be undermined if an individual or organization is to thrive. Mental health well-being in the workplace has increasingly become a consideration for employers when it comes to ensuring long-term engagement and productivity among their workforce.
As Thailand is currently facing a substantial surge in COVID-19 infections, further relief measures have been approved by the Cabinet on 5 May 2021 to assist employees and employers affected by the recent COVID-19 outbreak
Further COVID-19 relief measures were announced this week by the government to provide financial support to employers and employees affected by the continued rise in COVID-19 infections, in addition to those that had already been put in place.
Following the release of the Asia Pacific regional update on COVID-19 in February, the Asia Pacific Employment & Compensation team has prepared a special and urgent update across 11 jurisdictions, on employer obligations and key workplace health and safety considerations in light of the COVID-19 outbreak. We also encourage you…