asean - Contracts & Commercial

Australia expects Free Trade Deals this Year with Indonesia, Hong Kong

Sydney, Aug 17 (Antara) - The Australian government expects to seal free trade agreements with Indonesia and Hong Kong by year`s end, its trade minister said on Friday.
Date: 17 August 2018; Type: Industry Updates; Source: Antara

Jokowi wants ASEAN to play Active Role in Indo-Pacific Partnership

Singapore, Apr 29 (ANTARA News) - President Joko Widodo called on ASEAN to maintain active role including in the development of Indo-Pacific regional cooperation concept.
Date: 29 April 2018; Type: Industry Updates; Source: Antara

Myanmar, Vietnam agree to raise Blateral Trade over $1Billion by 2020

Myanmar and Vietnam have agreed to raise bilateral trade and have set a target of exceeding $1 billion in trading value by 2020.
Date: 24 April 2018; Type: Legal News; Source: Myanmar Times

ASEAN opens Dialogue with China, US

Jakarta, Mar 27 (ANTARA News) - ASEAN member countries open a dialogue with the Government of the People's Republic of China and the United States regarding issue on iron and steel industry policy imposed by both countries.
Date: 27 March 2018; Type: Industry Updates; Source: Antara

ASEAN, Partners step up Efforts to conclude Economic Negotiations

MANILA, Mar 8 (PNA) - The Department of Foreign Affairs (DFA) on Thursday said economic ministers from the Association of Southeast Asian Nations (ASEAN) and its free trade partners are eager to fulfill the ASEAN Leaders’ Instruction in 2017 to conclude the Regional Comprehensive Economic Partnership (RCEP) negotiations.
Date: 08 March 2018; Type: Legal News; Source: Philippine News Agency

Renegotiating TPP with US Not an Option, says Mustapa

SINGAPORE, March 2 (Bernama) - Renegotiating the Trans-Pacific Partnership (TPP) pact with the US will require the 11 remaining countries to compromise on certain issues and will take a long time, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
Date: 02 March 2018; Type: Legal News; Source: Bernama

ASEAN-EU to meet Tomorrow on Next Steps towards FTA Resumption

KUALA LUMPUR, March 1 (Bernama) - Further deliberations on the next steps towards the possible resumption of the ASEAN-EU Free Trade Agreement will take place in Singapore tomorrow. The Ministry of International Trade and Industry (MITI) in a statement said it would be the subject of discussion at the 16th AEM-European Union (EU) Trade Commiss ...
Date: 01 March 2018; Type: Legal News; Source: Bernama

Improved Infra, eased Regulations to boost Trade, Investments in ASEAN

MANILA, Feb 18 (PNA) - Member countries of Association of Southeast Asian Nations (ASEAN) need to improve physical infrastructures and streamline regulatory processes in an effort to facilitate trade and investments in the region, according to a report from state think tank Philippine Institute for Development Studies (PIDS). In a report title ...
Date: 18 February 2018; Type: Legal News; Source: Philippine News Agency

CPTPP set to be signed on March 8 in Chile

KUALA LUMPUR, Jan 24 (Bernama) - The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is slated to be signed on March 8, 2018 in Chile after a breakthrough in which all member countries agreed on four country-specific issues, including Malaysia's interest. In a statement today, Minister of International Trade and I ...
Date: 25 January 2018; Type: Legal News; Source: Bernama

ASEAN committed to conclude RCEP Talks this Year

NEW DELHI, Jan 24 (Bernama) - ASEAN is committed to concluding talks on the Regional Comprehensive Economic Partnership (RCEP) this year as mandated by the Southeast Asian bloc's leaders, Secretary-General, Dato Lim Jock Hoi said. The RCEP is a free trade deal involving the 10-member regional grouping and six of its existing free trade partner ...
Date: 24 January 2018; Type: Legal News; Source: Bernama

ASEAN Econ Ministers seek to complete RCEP Negotiations by Year End

MANILA, Nov 12 (PNA) - Economic ministers of the Association of Southeast Asian Nations (ASEAN) member states have committed to complete the negotiations on the Regional Comprehensive Economic Partnership (RCEP) by the end of the year.
Date: 12 November 2017; Type: Legal News; Source: Philippine News Agency

ASEAN, HK expected to sign Trade, Investment Deals in November

MANILA - The Philippines is optimistic over five agreements and declarations, including the long-awaited free trade and investment agreements between Association of Southeast Asian Nations (ASEAN) and Hong Kong, will be signed by November.
Date: 21 September 2017; Type: Legal News; Source: Philippine News Agency

INDUSTRY UPDATES

Mandalay Region Hluttaw approves New High Court Judge

Mandalay Region Hluttaw was unanimously appointed a new regional high court judge on the second day of the second session of the hluttaw after being nominated by the regional chief minister.

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INDUSTRY UPDATES

DOJ forms Special Team to probe Kidapawan Broadcaster's Slay

MANILA, Jul 12 (PNA) - Department of Justice (DOJ) Secretary Menardo Guevarra on Friday said he has ordered a special investigation team to look into the killing last Wednesday of radio commentator Eduardo Dizon who was gunned down on the way home in Kidapawan City, Cotabato.

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INDUSTRY UPDATES

New BSP Deputy Governor sworn in

MANILA, Jul 12 (PNA) - Francisco G. Dakila Jr. received his oath of office as Deputy Governor for Monetary and Economics Sector (MES) in ceremonies administered by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on Thursday.

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INDUSTRY UPDATES

Chief Justice heads Penang Honours List

GEORGE TOWN, Jul 12 (Bernama) - Chief Justice Datuk Tengku Maimun Tuan Mat heads the list of 877 recipients of state honours and honorary medals in conjunction with the 81st birthday of the Yang Dipertua Negeri of Penang Tun Abdul Rahman Abbas.

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INDUSTRY UPDATES

Prosecution failed to serve Summons on Shahrizat's Children, Court sets new Mention Date

KUALA LUMPUR, Jul 12 (Bernama) - The Sessions Court here today set Aug 5 for mention of a lawsuit filed by the Companies Commission of Malaysia (CCM) against two children of former Women, Family and Community Development Minister Tan Sri Shahrizat Abdul Jalil in connection with several offences allegedly committed by their company.

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INDUSTRY UPDATES

Free Legal Service to be provided for the Poor

Legal aid groups will provide free legal services to poor people and those in need of legal assistance across the country in an effort to support the rule of law and restore public trust in the judiciary.

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INDUSTRY UPDATES

Bill to increase Sabah State Seats to be tabled on July 17

KOTA KINABALU, Jul 11 (Bernama) - Sabah Chief Minister Datuk Seri Mohd Shafie Apdal is confident the Bill for the additional 13 seats, to increase the number of state seats from 60 to 73, will be approved when it is tabled in Parliament on July 17.

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INDUSTRY UPDATES

SolGen asks SC to dismiss Writ of Kalikasan Suit on WPS

MANILA, Jul 9 (PNA) - Solicitor General Jose Calida on Tuesday asked the Supreme Court (SC) to dismiss the petition filed against government agencies, which seeks unspecified action on the disputed areas in the West Philippine Sea.

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INDUSTRY UPDATES

IRB records 486,360 Cases of Voluntary Tax Declaration

KUALA LUMPUR, Jul 8 (Bernama) - The Inland Revenue Board of Malaysia (IRB) has recorded 486,360 cases of voluntary tax declaration under the special voluntary declaration programme (PKPS) as of June 23.

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INDUSTRY UPDATES

Sugar Tax: SME Traders can file Postponement Appeal

PARIT BUNTAR, Jul 7 (Bernama) - Small and Medium Enterprise (SME) traders affected by the sugar tax on sweetened drinks which came into effect this month, can file a postponement appeal to the relevant authorities.

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INDUSTRY UPDATES

Sarawak Government has not Officially responded on the RM1 Loan Offer - MOF

KUALA LUMPUR, Jul 6 (Bernama) - The Sarawak state government has yet to provide any official feedback to the Federal government on the proposed loan offer, amounting to RM1 billion, which will be allocated for repairs of dilapidated schools in the state.

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INDUSTRY UPDATES

Government offers Tax Incentives, grants to boost Participation in Expo 2020 Dubai

PUTRAJAYA, Jul 5 (Bernama) - The government has approved tax incentives and grants to encourage potential participating and contributing companies in the upcoming Expo 2020 Dubai.

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INDUSTRY UPDATES

PCC approves New Clark City Power Distribution Deal

MANILA, Jul 3 (PNA) - The Philippine Competition Commission (PCC) has approved the proposed joint venture between the Bases Conversion and Development Authority (BCDA) and the consortium of Manila Electric Company (Meralco) and its Japanese partners to develop a power distribution system in New Clark City.

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INDUSTRY UPDATES

Airbnb wants clearer Guideline on Tourism Tax

KUALA LUMPUR, Jul 2 (Bernama) -- Online hospitality service brokerage company, Airbnb Inc urged the government to provide a clearer guideline on tourism tax for its type of business.

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INDUSTRY UPDATES

Malcontento to take oath as New Prosecutor General on July 2

MANILA, Jul 1 (PNA) - Justice Secretary Menardo Guevarra said newly appointed Prosecutor General Benedicto Malcontento may assume office as soon as he takes his oath Tuesday.

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INDUSTRY UPDATES

Go Online to partner with 8 Million MSMEs

Jakarta, Jul 1 (ANTARA) - The Communications and Information Ministry is targeting eight million micro, small and medium enterprises (MSMEs) to be partners of the Go Online program. Involving MSMEs and marketplace in the country, Go Online is a collaborative program between the government, MSMEs, and online shopping platforms to level digital market access and build a digital economy in Indonesia.

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INDUSTRY UPDATES

CUEPAC urges Government to review Minimum Wage

KUALA TERENGGANU, Jun 30 (Bernama) - The Congress of Unions of Employees in the Public and Civil Services (CUEPACS) has urged the government to review the minimum wage in an effort to reduce the people’s cost of living.

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INDUSTRY UPDATES

MITI calls SMEs to sign up for IR4.0 Assessment

GEORGE TOWN, Jun 28 (Bernama) - The Ministry of International Trade and Industry (MITI) is encouraging small and medium-sized enterprises (SMEs) in the manufacturing sector to sign up for the National Policy on Industry 4.0 Readiness Assessment (Industry4WRD-RA).

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