Tag: Regulations

Thailand is set to ban recreational marijuana use by the end of the year, while medical use will persist. This move follows the rapid growth of the cannabis industry since decriminalization in 2022. However, critics argue that the existing rules lack cohesion. A new law is in the works, aiming to regulate cannabis use more comprehensively and is expected to be in effect by year-end.

Brunei has performed exceptionally well in business and labor market regulations, securing top global rankings in the Fraser Institute's Economic Freedom Index. The Sultanate scored 8.8 out of 10 in regulations, ranking fourth globally in labor market regulation and eighth in business regulation.