Trademark Act was recently amended in order to comply with
obligations that it has with certain international organizations
pursuant to the World Trade Organization's Agreement on Rights
of Intellectual Property and also to update its provisions
definition of trademark has been expanded to allow for 3-dimensional
images and combinations of shapes and colors. The new Trademark
Act also allows for greater freedom in registering names and
text. Under the earlier Act, it was difficult to register
the names of juristic persons, but the current Act allows
for limited registration of juristic names.
the Act specifies that if and when Thailand becomes a member
if International Convention or Agreement concerning the protection
of trademark, the application under the international convention
or agreement shall be deemed to be an application under the
new Act also allows for retroactive effect given to application
files within the Kingdom that have been previously filed outside
of the Kingdom if the application is within 6 months of the
original filing outside of Thailand provided that other conditions
Services Removed from Prohibited Occupations for Foreigners
to a recent Royal Decree, an exception has been carved out
of the general prohibition of foreigners from engaging in
legal services. Arbitration services, so long as they do not
use Thai law or involve the enforcement of a judgment in Thai
courts, are now services for which a foreigner may apply for
a work permit.
to the change in the law, it is likely that more arbitration
clauses in contracts will stipulate the application of law
outside of Thailand.
from March 30, 2001, individual provident fund contributors
will be allowed to select what kind of securities they want
in their investment portfolios.