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.
At the UN Climate Change Conference in Glasgow known as COP26, countries agreed to advance the implementation of the Paris Agreement and accelerate its action plans to cut global greenhouse gas emissions. Along the line of this endeavor, the Prime Minister of Thailand, Prayut Chan-o-cha, announced Thailand’s enhanced ambition towards a low carbon society, aiming to reach carbon neutrality in 2050, and Net Zero GHG Emissions in or before 2065.
The global trend on sustainability is gaining momentum in many aspects. Corporate entities are being obliged to operate with more sophisticated social responsibility towards all stakeholders. This time we discuss the developing legal landscape of human rights due diligence, another elements in the “S” of the ESG (environment, social and governance) movement.
As part of our continued efforts to guide clients through these challenging times, the Asia Pacific Employment & Compensation Group brings you these recorded webinars which provide key and practical insights on employment and compensation trends and major challenges being faced by businesses across the region.
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.
Our Asia Pacific Employment & Compensation Team is pleased to provide you with our second quarterly update for 2021 highlighting key employment law changes across the Asia Pacific region.
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