Monday, 26 February 2018
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DTI release Order on Mandatory Implementation of LED Lamp Standard

The Department of Trade and Industry (DTI) issued the Department Administrative Order (DAO) 18-02 adopting the Philippine National Standard International - Electrotechnical Commission (PNS/IEC) 62560:2012 - Self-Ballasted LED Lamps for General Lighting Services by Voltage > 50V - Safety Requirements, as one of the PNS for mandatory implementation under the DTI-Bureau of Philippine Standards’ (DTI-BPS) Product Certification Scheme.

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DTI sets New Guideline on the Recognition of Consumer Organizations

Providing the buying public with effective and efficient representation in the development of policies and programs that cater to them, the Department of Trade and Industry (DTI) releases the new guidelines on its recognition of Consumer Organizations.
Date: 23 February 2018; Type: Legal News; Source: Department of Trade and Industry

Prawet District takes Further Action against Five Unauthorized Markets

BANGKOK, Feb 23 (NNT) - Prawet District has summoned the owners of five illegally operating markets to hear charges, and has set a deadline for three of them operating without any licensing to shut down by February 28.
Date: 23 February 2018; Type: Legal News; Source: National News Bureau of Thailand

Court rules against Sale of Beauty World Food Centre

The collective sale of the Beauty World Food Centre has stalled as the High Court found that three trustees had fallen short in their duty to obtain the best price for the stallholders.
Date: 21 February 2018; Type: Legal News; Source: Singapore Law Watch

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

Partner's Shares in Firm worth $15K, Court rules

The dispute between two partners of a company regarding the value offered for buying out the minority holder ended with the Court accepting the valuation made by the expert witness of the majority shareholder.
Date: 16 February 2018; Type: Legal News; Source: Singapore Law Watch

Appeals Court strikes out Khairy's Notice of Appeal

PUTRAJAYA, Feb 19 (Bernama) - The Court of Appeal today struck out the notice of appeal filed by Youth and Sports Minister Khairy Jamaluddin in a defamation lawsuit in which he was ordered to pay RM150,000 in general damages to Datuk Seri Anwar Ibrahim. A three-man bench comprising justices Datuk Tengku Maimun Tuan Mat, Puan Sri Zaleha Yusof a ...
Date: 19 February 2018; Type: Legal News; Source: Bernama

High Court dismisses Ronasutra Cosmetics' Appeal over RM265,000 Payment to Vanidah

KUALA LUMPUR, Feb 19 (Bernama) - The High Court today dismissed an appeal by a manufacturer of Ronasutra cosmetics to set aside a lower court decision in ordering it to pay RM265,000 to actress Vanidah Imran as payment for the balance of contract between both parties.
Date: 19 February 2018; Type: Legal News; Source: Bernama

Price Control and Anti-Profiteering (Determination of Maximum Retail Price for Petrol and Diesel) (No. 7) Order 2018

This Order comes into operation on 15 February 2018.
Date: 14 February 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 41 of 2018; Source: AGC Federal Gazette

Fees (Registration of Companies with Ministry of Finance) (Amendment) Order 2018

This Order amends the Schedule of the Fees (Registration of Companies with Ministry of Finance) Order 2017, by deleting item 5 and the particulars relating to it.
Date: 15 February 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 42 of 2018; Source: AGC Federal Gazette

SEC warns Public vs Unregistered Retail Trade Firms

MANILA, Feb 12 (PNA) - The Securities and Exchange Commission (SEC) has warned the public against dealing with unregistered entities, wholly or partly owned by foreign nationals, engaging in retail trade.
Date: 12 February 2018; Type: Legal News; Source: Philippine News Agency

Energy Ministry revokes 22 Regulations

Jakarta, Feb 12 (ANTARA News) - The Energy and Mineral Resources Ministry has revoked 22 regulations that were hampering the investment process.
Date: 12 February 2018; Type: Legal News; Source: Antara

‘Notification of Change in The Register Of Directors, Managers, And Secretaries’ under Section 58 Of The Companies Act 2016 Through Mycoid2016 Portal

The Companies Commission of Malaysia (SSM) today announced the implementation of the lodgement of the ‘Notification of Change Particulars of Officers’ (“CPO”) under section 58 of the Companies Act 2016 through the MyCoID2016 Portal.
Date: 07 February 2018; Type: Legal News; Source: Companies Commission

Industry Ministry: EEC Act will boost Investors' Confidence

BANGKOK, Feb 10 (NNT) - The Ministry of Industry believes the Eastern Economic Corridor Act which has been approved by the National Legislative Assembly will bolster investor confidence. Industry Minister Uttama Saowanayon said today that the EEC law will help influence decision making among Thai and foreign investors, expressing confidence th ...
Date: 10 February 2018; Type: Legal News; Source: National News Bureau of Thailand

NLA passes Draft Law on SME Promotion into effect

BANGKOK, Feb 8 (NNT) - The National Legislative Assembly has approved the draft law on the promotion of small and medium-sized enterprises.
Date: 08 February 2018; Type: Legal News; Source: National News Bureau of Thailand

Energy Ministry revokes 22 Regulations

Jakarta, Feb 12 (ANTARA News) - The Energy and Mineral Resources Ministry has revoked 22 regulations that were hampering the investment process.

President Joko Widodo holds Bilateral Meeting with Vietnamese PM Indonesia, India commit to boost Trade President Jokowi to strengthen Trade Cooperation with Pakistan more

Government seeks better Regulation of Associations

Representatives of associations, foundations and Non-Governmental Organisation (NGOs) met in Vientiane on Wednesday to discuss association issues and management under the Decree on Associations.

Tighter Regulation to squeeze Small Business Credit Mineral Law to be amended for Better Mining Management Laos prevails in Hongsa Power Plant Court Case more

Appeals Court strikes out Khairy's Notice of Appeal

PUTRAJAYA, Feb 19 (Bernama) - The Court of Appeal today struck out the notice of appeal filed by Youth and Sports Minister Khairy Jamaluddin in a defamation lawsuit in which he was ordered to pay RM150,000 in general dam ...

High Court dismisses Ronasutra Cosmetics' Appeal over RM265,000 Payment to Vanidah Price Control and Anti-Profiteering (Determination of Maximum Retail Price for Petrol and Diesel) (No. 7) Order 2018 Fees (Registration of Companies with Ministry of Finance) (Amendment) Order 2018 more

Delayed permitted Businesses to receive Government Assistance

Almost 600 firms have experienced delays getting their businesses off the ground since 1988 despite having received permits from the Myanmar Investment Commission (MIC).

YSX flat despite New Law, ASEAN Bourses up Myanmar Companies Act approved Groups shaping Stronger Consumer Protection Bill more

DTI release Order on Mandatory Implementation of LED Lamp Standard

The Department of Trade and Industry (DTI) issued the Department Administrative Order (DAO) 18-02 adopting the Philippine National Standard International - Electrotechnical Commission (PNS/IEC) 62560:2012 - Self-Ballaste ...

DTI sets New Guideline on the Recognition of Consumer Organizations SEC warns Public vs Unregistered Retail Trade Firms DOTr pursues Reforms to reduce Red Tape, promote Transparency more

Court rules against Sale of Beauty World Food Centre

The collective sale of the Beauty World Food Centre has stalled as the High Court found that three trustees had fallen short in their duty to obtain the best price for the stallholders.

Partner's Shares in Firm worth $15K, Court rules Prospaq Group Pte Ltd v Yong Xing Construction Pte Ltd Jhaveri Darsan Jitendra and Others v Salgaocar Anil Vassudeva and Others more

Prawet District takes Further Action against Five Unauthorized Markets

BANGKOK, Feb 23 (NNT) - Prawet District has summoned the owners of five illegally operating markets to hear charges, and has set a deadline for three of them operating without any licensing to shut down by February 28.

Industry Ministry: EEC Act will boost Investors' Confidence NLA passes Draft Law on SME Promotion into effect BOT to establish New Market Conduct Regulations within the Next Couple of Weeks more

Industry Updates

DDG Pascua represents IPOPHL at HIPOC and WIPO High-Level Forum

Tokyo, Japan. Deputy Director General Teodoro C. Pascua presented the developments in the intellectual property system and the Intellectual Property Office of the Philippines (IPOPHL) in response to global trends. DDG Pascua represented Director General Josephine R. Santiago and the IPOPHL at the Heads of Intellectual Property Office Conference (HIPOC) and the World Intellectual Property Organization (WIPO) High-Level Forum 2018 held on February 19-23 in Tokyo, Japan. The HIPOC and the High Level Forum were co-organized by the World Intellectual Property Organization (WIPO) and the Japan Patent Office (JPO).

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Industry Updates

NLA approves 14 Administrative Court judges

BANGKOK, 23 February 2018 (NNT) - The National Legislative Assembly (NLA) approved the proposed nominees for 14 Administrative Court judges.

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Industry Updates

IBP creates Task Force to probe Attacks Vs Lawyers

MANILA, Feb 24 (PNA) - After the attack on the lawyer of a self-confessed drug lord and the recent ambush of lawyer in Quezon City, the Integrated Bar of the Philippines (IBP) has created a task force to investigate and prosecute those behind the killings of lawyers.

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Industry Updates

President nominates Warjiyo as Central Bank Governor

Jakarta (ANTARA News) - President Joko Widodo (Jokowi) has proposed Perry Warjiyo as the sole candidate of Bank Indonesia (BI/the central bank) governor for 2018-2023 period, a legislator said.

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Industry Updates

Cabinet reorganizes funding for Economic and Public Service Enhancement

BANGKOK, Feb 21 (NNT) - Thailand's Cabinet has resolved to increase the efficiency of public services by taking out a loan of 800 million baht while also approving over 5 billion baht to strengthen the domestic economy.

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Industry Updates

DTI updates MSMES on PH’s Free Trade Pact

TAGAYTAY CITY, Cavite, Feb 21 (PNA) - The Department of Trade and Industry (DTI) is boosting its Free Trade Arrangements (FTAs) with the Regional Comprehensive Economic Partnership (RCEPT) ASEAN plus 6, PH-EU (27 countries) and Asia Pacific (APEC’s 21 member economies).

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Industry Updates

Start-ups, SMEs Call for Greater Access to Loans by Foreign Banks

Start-ups and small and medium-sized enterprises (SMEs) are now calling for equal treatment of foreign and local banks as this will give them more options to borrow money for growth.

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Industry Updates

More Support for Firms to innovate and go International Companies

The government will provide more support to firms that buy solutions and for those that develop their own innovations or team up with partners, in the form of tax reliefs.

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Industry Updates

Ministry of Justice launches Mobile Campaign to promote Knowledge of Laws

AYUTTHAYA, Feb 20 (NNT) - The Ministry of Justice has launched a mobile campaign to educate people about laws and provide legal advice.

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Industry Updates

DCA is now known as CAAM

PUTRAJAYA, Feb 19 (Bernama) - The Department of Civil Aviation (DCA) has been transformed into the Civil Aviation Authority of Malaysia (CAAM) effective today in line with the government's commitment to spur the nation's aviation industry to greater heights.

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Industry Updates

PHL Embassy in Moscow issues Urgent Reminder: no Legal Status for Household Service Workers in Russia

MOSCOW, Feb 19 - In an advisory issued on February 13, the Philippine Embassy in Moscow reminded that “the category of household service worker is an occupation not open to Filipinos.” The Embassy issued the advisory after receiving queries from the public and media if Filipino household service workers could legally work in Russia.

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Industry Updates

Monetary Authority of Singapore and the Central Bank of Egypt Bolster FinTech Cooperation

Singapore, 14 February 2018 - The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) signed an agreement to strengthen FinTech cooperation between the two countries on 6 February 2018. The Cooperation Agreement was signed at Seamless North Africa 2018 (under the patronage of the CBE), a conference focused on Payments, FinTech and eCommerce.

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