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In ESG

Thailand: The Draft Industrial Waste Management Act – A new waste management regime

by , , and 4 Mins Read

The Department of Industrial Works recently introduced the Draft Industrial Waste Management Act (DIWMA), which remained open for public hearing until 1 April 2025. Similar to some other draft waste laws, namely the Draft Sustainable Packaging Management Act and the Draft Waste Electrical and Electronic Equipment Management Act, the DIWMA adopts the Extended Producer Responsibility principle, obligating operators of industrial establishments to be responsible for the industrial waste they generate until it is fully treated or disposed of.

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In ESG

Thailand: Climate Change Bill – Aligning with international standards

by , and 4 Mins Read

The Department of Climate Change and Environment (DCCE) launched the second draft of the Climate Change Bill (“Bill”) in November 2024 for a public hearing. Some of the key revisions include provisions similar to the EU’s Carbon Border Adjustment Mechanism, adjustments made on the Emissions Trading System (ETS) and carbon tax provisions under the Bill. The Bill is expected to be submitted to Parliament for approval in 2025.

In ESG

Thailand: JCM – An opportunity for Thai companies to accelerate decarbonization efforts

by , , , and 6 Mins Read

The Joint Crediting Mechanism (JCM) initiative, led by Japan, offers a significant opportunity for Thailand to advance its decarbonization efforts through financial support for cutting-edge technologies. By participating in JCM projects, Thai companies can obtain financial support from the Japanese government, enhancing efforts towards implementing effective greenhouse gas mitigation and removal measures, which in turn aids in achieving Thailand’s declared GHG reduction targets.

In ESG

Thailand: Second round of renewable energy auctions set to launch in Thailand

by , , , , , , , and 5 Mins Read

On 20 September 2024, the Energy Regulatory Commission issued the Regulations for the Purchase of Electricity from Renewable Energy Sources under a Feed-in-Tariff Scheme Commissioning between 2022-2030 for Power Plants with No Fuel Costs B.E. 2565 (2022) (Additional) B.E. 2567 (2024), setting out the requirements, terms and conditions for private sector participation in the upcoming 2024 RE Waitlist Scheme.

In Employment

Thailand: Getting ready for Thailand’s historic marriage equality law – An HR perspective

by , , and 3 Mins Read

On 18 June 2024, Thailand’s Senate passed the act amending the Civil and Commercial Code (“Marriage Equality Law”), taking a historic step towards marriage equality and making Thailand the first country in Southeast Asia to legally recognize same-sex marriage. The new law is currently awaiting royal endorsement and will come into force 120 days after publication in the Royal Gazette. Companies should start reconsidering their HR rules and policies in light of the Marriage Equality Law.

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In Tax

Thailand: Increased tax exemption for severance pay now effective

by , , , and 1 Min Read

The personal income tax exemption amount on severance pay for terminated employees is now increased, following the publishing of the relevant Ministerial Regulations in the Royal Gazette. On 26 June 2024, the Ministerial Regulations, Volume 394 (B.E. 2567), (2024) under the Revenue Code Regarding Revenue Tax Exemption (“Ministerial Regulation”) was published in the Royal Gazette on 17 July 2024 and has already entered into force from that date. As a result, the personal income tax exemption amount on severance pay for terminated employees is now increased to the employee’s last 400 days’ wages or THB 600,000, whichever is less.

In Tax

Thailand: Adjusted tax exemptions for severance pay to be expected soon

by , , , and 2 Mins Read

The Cabinet has recently approved in principle the Draft Ministerial Regulation under the Revenue Code Regarding Revenue Tax to increase the personal tax exemption amount on severance pay for terminated employees, aligning with the new maximum rate of severance pay. This change is intended to further ease the financial burden on terminated employees.

In Product Regulation & Liability

Thailand: Updated regulations related to alcohol detecting devices, positive airway pressure devices and dentistry devices

by , , , and 2 Mins Read

The Food and Drug Administration has recently updated a number of regulations related to certain medical devices to ensure that they are carefully monitored and controlled, have prescribed quality standards, and are safe for consumers. The updated regulations relate to alcohol detecting devices, positive airway pressure devices and dentistry devices.

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