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The new Foreign Business Act will make those structures illegal. 3. All other countries such as Malaysia, Vietnam, China and India are opening their markets to foreign investment yet the draft Foreign Business Act by narrowing the definition of alien closes the Thai market and makes Thailand look as if it has a protectionist strategy.
register or a list of a specified type of regulated entities or activities — contains entries on companies officially authorized to perform a specified type of business, where prior obtaining of a permit, a license, a concession, or registration on such a list or register is a prerequisite required by law. Depending on situation, regulation ...
Department of Business Development; Department of International Trade Promotion (DITP): Five offices in Thailand and 61 Thai Trade Centers abroad. Department of Foreign Trade (DFT) Department of Intellectual Property (DIP) [4] Department of Internal Trade (DIT) Central Bureau of Weights and Measures (CBWM) [5] Trade Competition Board (1999 ...
The Telecommunications Business Act of 2001 [35] laid down the rules for Thailand's telecommunications industry by requiring telecoms operators to obtain a license from the National Broadcasting and Telecommunications Commission (NBTC). The Act classifies telecommunication licenses into three categories.
The National Broadcasting and Telecommunications Commission (NBTC, Thai: คณะกรรมการกิจการกระจายเสียง กิจการโทรทัศน์ และกิจการโทรคมนาคมแห่งชาติ), served by its operating body the Office of the NBTC, is an independent regulatory agency of Thailand.
The OIC is empowered to regulate insurance companies, brokers and agents and was established under the Thailand Government Insurance Commission Act B.E. 2550 which summarized the role of the Commission as "to supervise and promote insurance business conduct". [2]
The Ministry of Industry (MOI) began in 1933 as a division of the Thai government, the Industrial Division (Thai: กองอุตสาหกรรม), in the Department of Commerce (Thai: กรมพาณิชย์), ( now the Ministry of Commerce), which was part of the defunct Ministry of Economics (Thai: กระทรวงเศรษฐกิจ).