Dentons plans to expand its network further in the ASEAN region this year by combining with a firm each in Thailand, Vietnam and the Philippines, according to recent comments made by Gerald Singham, the firm’s global vice-chair and ASEAN CEO.
Following the Cabinet’s approval on 14 January 2020, a new state enterprise, National Telecom Public Company Limited or “NT”, was formed on 7 January 2021 by a merger of CAT Telecom Public Company Limited (“CAT”) and TOT Public Company Limited (“TOT”). NT has assets worth over THB300 billion in value including over 25,000 telecommunication towers nationwide, spectrum usages, underwater cables, radio frequency, underground conduits, fiber optic cables, 13 data centres across the nation and international telecommunications infrastructure, with more than 17,000 employees.
Mayer Brown has closed its office in Bangkok, and the office partner-in-charge, Maythawee Sarathai, has joined Hunton Andrews Kurth as a partner.
Alliott Global Alliance, an international association of law and accounting firms, has increased its presence to 15 countries in the Asia-Pacific region, following the addition of law firm members in Bangladesh, Hong Kong and Thailand.
Thailand’s Chandler MHM has advised Phu Yen TTP Joint Stock Company (Phu Yen JSC) on a $186 million loan to develop and operate a 257MW solar power plant in Hoa Hoi, Phu Yen Province, Vietnam, with Clifford Chance representing the lenders.
Magic Circle firm Allen & Overy has advised Bangkok Bank, Bank of Ayudhya and Standard Chartered on the Kingdom of Thailand’s 30-billion-baht ($965 million) dual-tranche sustainability bond issuance.
With traditional ways of working turned upside down by the global coronavirus pandemic, and meetings largely being moved online, Thailand’s government has issued an emergency decree outlining electronic meeting regulations. While the response so far has been positive, there are a few areas where businesses are awaiting further clarity.
Jessada Sawatdipong, joint managing partner of Thailand’s Chandler MHM, talks about running a firm with lawyers and staff from diverse backgrounds and cultures, keeping up with the expectations of clients, and why it’s important to be an employer of choice.
Benjamin Hirasawa, a former head of the Asia-Pacific hospitality practice at Clyde & Co., has launched a boutique firm with offices in Singapore and Bangkok.
White & Case has advised Thailand’s Bangkok Bank on its $2.3 billion acquisition of an 89 percent stake in Indonesia’s PT Bank Permata from Standard Chartered Bank and PT Astra International.
In May 2019, Thailand’s Personal Data Protection Act (PDPA) officially became law. Echoing General Data Protection Regulation (GDPR) somewhat, the PDPA regulates personal data collection, storage and dissemination. But while further regulatory developments are required to ensure the law can be fully implemented, businesses should be seeking out legal help to ensure they are compliant now — and not dragging their heels — say lawyers.