INDUSTRY UPDATES

Yangon Starts New Wheel Tax Collection System, but More Reviews needed

MPs who discussed new tax regulations under the Yangon taxation law during a regional parliament session yesterday agreed that more should be done to improve the system.
Date: 30 March 2018; Type: Industry Updates; Source: Myanmar Times

Price of Higher-End Vehicles fall after Tax Reduction

Some high-end cars are looking a little cheaper following a reduction in taxes on special goods under the new 2018 Union Tax Law, which was signed into legislation on March 20.
Date: 27 March 2018; Type: Industry Updates; Source: Myanmar Times

Minister Siti Nurbaya leads Indonesian Delegation at meeting with EU

Jakarta, Mar 27 (ANTARA News) - Indonesian Environment and Forestry Minister Siti Nurbaya Bakar led an Indonesian delegation during a meeting with European Union (EU) key elements in Brussels to discuss a wide range of issues including palm oil.
Date: 27 March 2018; Type: Industry Updates; Source: Antara

Maritime Affairs and Fisheries Ministry wins OpenGov Award

Jakarta, Mar 26 (ANTARA News) - The Maritime Affairs and Fisheries Ministry has won an OpenGov Recognition Award during Indonesia Leadership Forum 2018 organized by the OpenGov Asia.
Date: 26 March 2018; Type: Industry Updates; Source: Antara

Indonesian Central Bank gets New Governor

Jakarta, Mar 28 (ANTARA News) - The House of Representatives (DPR), through its Commission XI on banking affairs, in a fit and proper test session on Wednesday endorsed the candidacy of Perry Warjiyo as the new Bank Indonesia (BI) Governor.
Date: 28 March 2018; Type: Industry Updates; Source: Antara

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

Treasury Department introduces New Coins Portraying King Rama X

BANGKOK, Mar 28 (NNT) - The Treasury Department introduced new coins with a portrait of His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun.
Date: 28 March 2018; Type: Industry Updates; Source: National News Bureau of Thailand

Barcode System to improve Efficiency of Excise Tax Collection

BANGKOK, Mar 26 (NNT) - The Excise Department has developed a barcode system to calculate median prices of excise products. The system is expected to help the excise tax collection meet its target.
Date: 26 March 2018; Type: Industry Updates; Source: National News Bureau of Thailand

Calida: Sereno misled JBC in applying as SC Justice

MANILA, Mar 27 (PNA) - Solicitor General Jose Calida said Tuesday that Chief Justice Maria Lourdes Sereno has misled the Judicial Bar and Council (JBC) regarding her application as Associate Justice in the Supreme Court in 2010.
Date: 27 March 2018; Type: Industry Updates; Source: Philippine News Agency

Anti-Fake News Law can create Generation with First-Class Mentality

KUALA LUMPUR, Mar 30 (Bernama) - The Anti-Fake News Bill 2018 tabled in the Dewan Rakyat on Monday, is seen capable of producing a generation with first-class mentality.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

MyCC conducts First Choral speaking Contest on Competition Law

KUALA LUMPUR, Mar 30 (Bernama) - The Malaysia Competition Commission (MyCC) conducted the first choral speaking competition on competition law in Malaysia with the theme, #Bebaskartel, in celebrating its seventh year anniversary.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

Do not Postpone Cases unreasonably - Chief Justice

PUTRAJAYA, Mar 30 (Bernama) - Chief Justice Tun Raus Sharif today reminded judges against postponing their cases unreasonable.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

Empower Syariah Court, says Tengku Abdullah

MARAN, Mar 30 (Bernama) - The regent of Pahang, Tengku Abdullah Sultan Ahmad Shah, today called for the Syariah Court in the state to be empowered and elevated on par with the civil court.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

MOT to review Issuance of Vehicle Stickers for disabled, Dewan Negara told

KUALA LUMPUR, Mar 28 (Bernama) - The Ministry of Transport (MOT) will be reviewing the issuance of disabled persons (OKU) vehicle stickers to avoid misuse by family members, the Dewan Negara was told today.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

Special ATIP Court proof of Governments Commitment to combat Human Trafficking - CJ

KLANG, Mar 28 (Bernama) - The Anti-Trafficking in Persons Sessions Court established today is proof of the government's commitment to combat human trafficking and smuggling of migrants into the country, said Chief Justice Tun Md Raus Sharif.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

SPAD assures Consumer Rights protected in Uber, Grab Merger

KUALA LUMPUR, Mar 27 (Bernama) - The Land Public Transport Commission (SPAD) will cooperate with government agencies such as the Malaysia Competition Commission and relevant non-governmental organisations to ensure the rights of consumers are protected following the Uber-Grab merger in Southeast Asia.
Date: 27 March 2018; Type: Industry Updates; Source: Bernama

New SME Listing Incentives to boost Bursa's LEAP Market

KUALA LUMPUR, Mar 30 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak's announcement of new Listing Incentives for SME (LIVE) programme today is set to boost Bursa Malaysia Bhd's Leading Entrepreneur Accelerator Platform (LEAP) Market.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

Abolishing GST not an Easy Task - World Bank

KUALA LUMPUR, Mar 30 (Bernama) - Abolishing the Goods and Services Tax (GST) will not be an easy task as it will require raising other taxes, reducing expenditure or run on deficit, says World Bank Poverty and Equity Senior Economist Kenneth Simler.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

PM announces 11 Incentives Worth RM2.9 Billion for SMEs

KUALA LUMPUR, Mar 30 (Bernama) -- Datuk Seri Najib Tun Razak has announced 11 new and additional incentives worth RM2.9 billion for Small and Medium Enterprises (SMEs).
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

BNM foils Unauthorized Fund Transfers

KUALA LUMPUR, Mar 29 (Bernama) - Bank Negara Malaysia (BNM) has not experienced any financial loss in a cybersecurity incident involving attempted unauthorised fund transfers using falsified Society for Worldwide Interbank Financial Telecommunication (SWIFT) messages.
Date: 29 March 2018; Type: Industry Updates; Source: Bernama

INDUSTRY UPDATES

Decision on Minimum Wage Increases due in March

BANGKOK, Feb 13 (NNT) - The final decision on Minimum Wage increases will be made in March, with new rates to vary in accordance with economic conditions in each province.

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No Violation of Ressa's Civil Rights: DOJ

MANILA, Feb 14 (PNA) - Justice Secretary Menardo Guevarra on Thursday assured full protection of the civil rights of online news website Rappler's publisher Maria Ressa, who was arrested on Wednesday in connection with a cyber libel complaint filed against her and the media firm by a private individual.

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DOTr inks Deal on Common Station Construction

MANILA, Feb 13 (PNA) - The Department of Transportation (DOTr) on Wednesday signed a contract with a private consortium for the construction of Area A of the Unified Grand Central Station (UGCS) or the common station which is located between SM North Edsa and Trinoma in Quezon City.

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Men too face Sexual Harassment at Workplace

SUNGAI PETANI, Feb 14 (Bernama) - Men too have been recorded as being victims of sexual harassment at the workplace, said Women, Family and Community Development Deputy Minister, Hannah Yeoh.

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LHDN launches eProcurement System, Suppliers' Portal

CYBERJAYA, Feb 13 (Bernama) - The Inland Revenue Board (LHDN) has launched the eProcurement (eP) system and the Suppliers’ portal as a continuous effort to improve service delivery to suppliers or tenderers dealing with the agency.

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INDUSTRY UPDATES

Government affirms NCPO Order 2/2019 is Fake

BANGKOK, Feb 11 (NNT) - The Government has affirmed that the circulating NCPO Order 2/2019 is fake.

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INDUSTRY UPDATES

ASEAN Secretariat calls for Nominations for ASEAN Prize 2019

Jakarta(ANTARA News) - Jakarta-based ASEAN Secretariat calls for nominations for the prestigious regional award ASEAN Prize 2019 acknowledging an individual`s or organization`s inspiring and outstanding achievements in fostering the ASEAN identity, promoting ASEAN spirit, and championing ASEAN way.

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Thousands of Workers march for stronger Labour Laws

Thousands of workers on Sunday marched in downtown Yangon to demand that the country’s labour laws meet International Labour Organisation (ILO) standards.

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ASEAN NCAP labelling Guideline Compliance to become Compulsory from March 2020

PUTRAJAYA, Feb 12 (Bernama) - Starting March 1 next year, automotive companies selling motor vehicles in Malaysia will be compelled to comply with the ASEAN New Car Assessment Programme (ASEAN NCAP) Labelling Guideline.

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New Policies, Incentives needed under EAC to spur Investments

KUALA LUMPUR, Feb 12 (Bernama) - New policies and incentives must be formulated to encourage both domestic and foreign private investments for the newly minted Economic Action Council (EAC) to achieve its aim of stimulating sustainable growth.

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INDUSTRY UPDATES

SC Chairman elected Vice Chair of International Organisation of Securities Commission

KUALA LUMPUR, Feb 12 (Bernama) - The Securities Commission Malaysia (SC) chairman Datuk Syed Zaid Albar has been elected vice-chair of the International Organisation of Securities Commissions (IOSCO) Growth and Emerging Markets (GEM) Committee.

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Economic Action Council formed

PUTRAJAYA, Feb 11 (Bernama) - The Prime Minister’s Office (PMO) today announced the establishment of the Economic Action Council, which is tasked with scrutinising and making decisions regarding economic and financial affairs as well as the people's well-being.

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NGOs call for Speedy Passage of Information Freedom Law

A group of 19 non-governmental organisations and associations have urged the Kingdom’s legislative and executive bodies to expedite the passage of a draft law on freedom of information, which the group said had been delayed for years.

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Najib's New Money Laundering Case transferred to High Court

KUALA LUMPUR, Feb 11 (Bernama) - The case of former prime minister Datuk Seri Najib Tun Razak involving three additional charges of money laundering to the tune of RM27 million of SRC International funds will be heard in the High Court.

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Labor Minister holds event to Promote Health Insurance

CHONBURI, Feb 8, (NNT) - The Ministry of Labour has held an event to promote health among insurance policyholders in Amata City Industrial Estate in Chonburi Province, providing medical check-ups for employees from various companies operating in the estate.

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CA Justice, Judge named to Court Rules Revision Body

MANILA, Feb 8 (PNA) - The Supreme Court (SC) has named two new members to the high court's committee on the revision of the Rules of Court.

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Sabah Government should Consider amending Wildlife Conservation Enactment 1997 - Lee Lam Thye

KUALA LUMPUR, Feb 10 (Bernama) - The Sabah State Government should consider amending its Wildlife Conservation Enactment 1997 to make the killing of fully protected animals as a strict liability offence, animal rights activist Tan Sri Lee Lam Thye urged.

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Cases at Court in push to tackle Jail Overcrowding

A working group established to streamline court procedures, with the aim of resolving prison overcrowding, last week began sending cases to municipal and provincial courts throughout the country, Ministry of Justice spokesman Chin Malin said on Wednesday.

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