INDUSTRY UPDATES

Government will not raise GST Rate - DPM Zahid

BAGAN DATUK, Apr 18 (Bernama) - The government has given an assurance that the country's Goods and Service Tax (GST) of sic per cent will not be raised, even after the 14th General Election.
Date: 18 April 2018; Type: Industry Updates; Source: Bernama

Government approves Sekolah Menengah Chong Hwa's Federal Land Lease Application - Wan Junaidi

KUALA LUMPUR, Apr 17 (Bernama) - The government has approved the application of Sekolah Menengah Persendirian Chong Hwa, Sentul, for a 1.2 hectare of federal land under 99 years' lease for the purpose of building the school's sports complex.
Date: 17 April 2018; Type: Industry Updates; Source: Bernama

World's First Crypto Currency Guarantee against Theft

KUALA LUMPUR, Apr 18 (Bernama) - In a world's first, GoldCrypto will protect and guarantee its cryptocurrency tokens from any theft through hacking.
Date: 18 April 2018; Type: Industry Updates; Source: Bernama

DILG has New Undersecretary, Assistant Secretary

MANILA, Apr 17 (PNA) - The Department of the Interior and Local Government (DILG) on Tuesday welcomed the appointment of two retired Philippine National Police (PNP) officials as the department’s new undersecretary and assistant secretary.
Date: 17 April 2018; Type: Industry Updates; Source: Philippine News Agency

Sri Mulyani named Best Finance Minister in Asia Pacific

Jakarta, Apr 16 (ANTARA News) - Finance Minister, Sri Mulyani Indrawati, was named the best Finance Minister in Asia and the Pacific for 2018 by Hong Kong-based financial magazine FinanceAsia for the second time in a row.
Date: 16 April 2018; Type: Industry Updates; Source: Antara

Court's Judgments now available on Malaysian Judgments Portal

KUALA LUMPUR, Apr 16 (Bernama) - Everyone can now read Malaysian courts' judgments on the Malaysian Judgments Portal for them to have better understanding of the law, Chief Justice Tun Raus Sharif said today.
Date: 16 April 2018; Type: Industry Updates; Source: Bernama

IRBM continues Drive to counter Tax Leakages

KUALA LUMPUR, Apr 17 (Bernama) - The Inland Revenue Board of Malaysia (IRBM) today said it will continue with the drive to counter the threat of aggressive tax planning, base erosion and profit shifting, and tax evasion practices that cause tax leakages.
Date: 17 April 2018; Type: Industry Updates; Source: Bernama

PHL Officials share Labor and Reintegration Policies for Migrant Workers at ASEAN Plus Three Seminar in Cambodia

MANILA, Apr 13 - The Philippines shared its migration policies and reintegration programs such as the “Enterprise Development and Loan Program (EDLP)” to support enterprise development among Overseas Filipino Workers (OFWs) and their families, and the “Balik Pinay! Balik Hanapbuhay! Program” during the “Seminar on Migr ...
Date: 13 April 2018; Type: Industry Updates; Source: Department of Foreign Affairs

LTA backs the Interim Directions issued by CCCS to Grab and Uber

The Land Transport Authority (LTA) has backed the Interim Directions issued by Competition & Consumer Commission of Singapore (CCCS) to Grab and Uber. LTA noted that the measures pertaining to the removal of exclusivity obligations and impediments to market contestability would further promote market competition in the point-to-point (P2P) ...
Date: 13 April 2018; Type: Industry Updates; Source: Land Transport Authority

ABAC PH adds Digital Innovation, Infrastructure to its Priority Areas

The APEC Business Advisory Council (ABAC) Philippines has added digital innovation and infrastructure to its priority areas. Along with its thrusts on MSMEs, Non-Tariff Barriers, and Services, ABAC Philippines seeks to tackle the impact of digital technologies on education and future jobs and take advantage of regional opportunities that may comple ...
Date: 15 April 2018; Type: Industry Updates; Source: Department of Trade and Industry

PCC orders Uber, Grab to explain Shutdown of Uber Operations

MANILA, Apr 16 (PNA) - The Philippine Competition Commission (PCC) has ordered ridesharing companies Uber and Grab to explain why they failed to maintain their separate business operations which was stipulated in the interim measures.
Date: 16 April 2018; Type: Industry Updates; Source: Philippine News Agency

Bursa Malaysia launches Intraday Short-Selling for all Investors

KUALA LUMPUR, Apr 16 (Bernama) - Bursa Malaysia Bhd has introduced Intraday Short-Selling (IDSS) for all investors as part of the exchange's strategy to boost market liquidity.
Date: 16 April 2018; Type: Industry Updates; Source: Bursa Malaysia

Anti-Fake News Act Not just meant to protect Government

KOTA TINGGI, Apr 14 (Bernama) - The false message that claimed the Tunku Mahkota of Johor Tunku Ismail Sultan Ibrahim would provide aid to the public at several supermarkets is the first case being investigated under the Anti-Fake News Act 2018, said Minister in the Prime Minister's Department Datuk Seri Azalina Othman Said.
Date: 14 April 2018; Type: Industry Updates; Source: Bernama

Motorists urged to observe Safety Laws, or face Legal Action

NAKHON RATCHASIMA, Apr 14 (NNT) - Highway Police have cautioned motorists against speeding and drinking while driving, saying irresponsible drivers are subject to legal action.
Date: 14 April 2018; Type: Industry Updates; Source: National News Bureau of Thailand

More LGUs to be charged over Open Dumps, Waste Law Violations

MANILA, Apr 13 (PNA) - The National Solid Waste Management Commission (NSWMC) is set to file this year before the Ombudsman more cases against local government officials reportedly violating Republic Act No. 9003 or the Ecological Solid Waste Management Act of 2000, such as those who allow open dumps in their communities.
Date: 13 April 2018; Type: Industry Updates; Source: Philippine News Agency

Bello, Labor Geet ahead of EO signing on 'Endo'

MANILA, Apr 13 (PNA) - Department of Labor and Employment (DOLE) Secretary Silvestre Bello has accepted another draft of Executive Order (EO), which aims to end contractualization, that will be submitted to President Rodrigo R. Duterte for his approval on Monday.
Date: 13 April 2018; Type: Industry Updates; Source: Philippine News Agency

TRAIN Law addresses Gaps in Human Capital

CLARK FREEPORT ZONE, Pampanga, Apr 13 (PNA) - Finance Secretary Carlos Dominguez III said the Tax Reform for Acceleration and Inclusion (TRAIN) Law is addressing the country’s challenges in human capital development.
Date: 13 April 2018; Type: Industry Updates; Source: Philippine News Agency

Amnesty International Indonesia calls for Moratorium on Death Penalty

Jakarta, Apr 13 (ANTARA News) - Amnesty International Indonesia has called on the Indonesian government to impose moratorium on execution in 2018, as a start toward abolishing the death penalty.
Date: 13 April 2018; Type: Industry Updates; Source: Antara

Addressing Marine Debris Pollution in the ASEAN Region

MIMA received a visit from the Executive Director of the Center for Southeast Asian Studies (CSEAS) Indonesia, Mr. Arisman Uin and team. As one of the counterparts that MIMA actively engages with, CSEAS was also invited to give a talk titled ‘Marine Plastic Pollution in the ASEAN Region’.
Date: 11 April 2018; Type: Industry Updates; Source: Maritime Institute of Malaysia

Dashed hopes for Two Jailed Journalists

Representatives from foreign embassies and journalists waited anxiously in front of the Northern District Court in Insein township while having a cake prepared.
Date: 12 April 2018; Type: Industry Updates; Source: Myanmar Times

INDUSTRY UPDATES

Labour Ministry opens Automation Center

BANGKOK, Jul 17 (NNT) - On efforts to push the Thai industrial sector into the 4.0 era, human resources must be capable of operating technology and automated systems, especially in the Eastern Economic Corridor (EEC) development project. To achieve this goal, the Ministry of Labour has established a human resources development center on automation and robots at the Institute for Skills Development 3, located in Chonburi.

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Guidebook on Parliamentary Constituencies launched

KUALA LUMPUR, Jul 17 (Bernama) - Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof today launched Wakil Kita di Parlimen, a 228-page guidebook containing relevant information on all the 222 parliamentary constituencies.

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Students among Plaintiffs in Lawsuit over Sungai Kim Kim Pollution

JOHOR BAHRU, Jul 17 (Bernama) - Thirty-four students are among 171 individuals who are suing the Johor state government, Menteri Besar Datuk Osman Sapian and 10 others over the pollution in Sungai Kim Kim near Pasir Gudang last March.

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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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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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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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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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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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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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