INDUSTRY UPDATES

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

MyCC works on Three-Year Plan to instill Self-Compliance

KUALA LUMPUR, Mar 28 (Bernama) - The Malaysia Competition Commission (MyCC) is directing its advocacy efforts towards encouraging businesses to choose self-compliance over being caught for non-compliance with the law.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

BNM outlines Factors to improve Economic Complexity

KUALA LUMPUR, Mar 28 (Bernama) - Bank Negara Malaysia (BNM) outlines talent, financing, infrastructure and regulations as four key pillars to increase the country's economic complexity, which allows Malaysia to further diversify product mix and maximise the opportunities for the nation in the highly-dynamic global environment.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

Act pre-emptively to address Vulnerabilities, Risks, Imbalances - BNM Governor

KUALA LUMPUR, Mar 28 (Bernama) - Continued vigilance together with the ability and will to act pre-emptively to address the build-up of vulnerabilities, risks and imbalances are critical to secure Malaysia's growth prospects, says Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

MyCC, SPAD to ensure E-hailing Mart remains Competitive

KUALA LUMPUR, Mar 28 (Bernama) - The Malaysia Competition Commission (MyCC) and Land Public Transport Commission (SPAD) will ensure that competition in e-hailing services will not be disrupted by the recent merger between Uber and Grab.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

INDUSTRY UPDATES

PCC OKs East West purchase of PBCOM Auto Loan Portfolio

MANILA, Jun 19 (PNA) - The Philippine Competition Commission (PCC) approved the acquisition by East West Banking Corporation (East West) of the auto loan portfolio of Philippine Bank of Communications (PBCom).

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RI hopes for Progress in Timor Leste joining ASEAN

Jakarta, Jun 19 (ANTARA) - The Indonesian government has expressed its hopes that the ongoing evaluation of Timor Leste will result in its becoming a member of the Association of Southeast Asian Nations (ASEAN).

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MyCC to focus Efforts on Monitoring Cement Industry

KUALA LUMPUR, Jun 19 (Bernama) - The Malaysia Competition Commission (MyCC) says it will focus its efforts on consistently monitoring the cement industry in order to complement the government’s initiative in protecting the welfare of consumers.

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Amended Code did not affect Conflict of Interest - Witness

KUALA LUMPUR, Jun 18 (Bernama) - The Code of Ethics for Administration Members and Members of Parliament was amended by the Cabinet in 2013 but did not affect the conflict of interest provision, according to a Cabinet former deputy secretary-general (Constitution and Communication).

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Court urges Johor PTG to meet Orang Asli to settle Compensation Issue

JOHOR BAHRU, Jun 18 (Bernama) - The High Court here today encouraged the state Land and Mines Office (PTG) to engage in discussions with the Seletar tribe Orang Asli of Kuala Masai with the aim of settling compensation due as a result of wrongful acquisition of their land in Stulang Laut.

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Ex-CJ speaks out against Lawyers' Tendency to seek Postponements

KUALA LUMPUR, Jun 16 (Bernama) - Former Chief Justice Tun Zaki Azmi has spoken out against the tendency by certain defence lawyers to seek postponements of cases being heard in court.

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New Competition Commission already under Fire

Myanmar’s professed commitment to competition reform has come under fire after the government packed the new Competition Commission with bureaucrats serving under a minister.

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NA Deputies give Opinions on Revised Labour Code

Hanoi, Jun 12 (VNA) - The revised Labour Code will the focus during the sitting of lawmakers on June 12 in the ongoing 7th session of the 14th National Assembly.

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Ability to pay Taxes Online a Boon for Vietnam’s Import-Export Businesses

Hanoi, Jun 6 (VNS/VNA) - Around 99 percent of import and export tax payments in Ho Chi Minh City are made online, according to the customs department.

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OWWA joins Urban Poor Caravan

MANILA, Jun 8 (PNA) - The Overseas Workers Welfare Administration (OWWA) will be joining the Presidential Commission for the Urban Poor (PCUP) caravan to inform the public of its programs on overseas employment.

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Palace declares June 24 Holiday in Manila

MANILA, Jun 6 (PNA) - Malacañang has declared June 24 as a special, non-working holiday in the City of Manila in celebration of its 448th founding anniversary.

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Legal Profession faces inherent Risks not Exclusive to NUPL

MANILA, Jun6 (PNA) - A state lawyer of the Office of the Solicitor General said Thursday the legal profession faces "inherent risks not exclusive to the National Union of People’s Lawyers (NUPL)".

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DOJ forms Panel to probe Jacky Co Case

MANILA, Jun 6 (PNA) - A prosecution panel has been assigned for the preliminary investigation on the complaints filed against alleged Chinese drug lord Jacky Co and others implicated in the smuggling of PHP1.8 billion worth of illegal drugs into the country.

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Myanmar still short of Judges, says Supreme Court

The number of judges in the country is just two thirds of the number required, according the 2018 annual report of the Union Supreme Court.

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RCI on Judicial Misconduct is what People Want - Dr Mahathir

PUTRAJAYA, Jun 5 (Bernama) - The government agreed to set up a Royal Commission of Inquiry (RCI) on judicial misconduct because this is what the people want, said Prime Minister Tun Dr Mahathir Mohamad.

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CJ stresses Importance of beefing up Legal Education

MANILA, Jun 3 (PNA) - Chief Justice Lucas P. Bersamin emphasized the commitment of his administration to leave no stone unturned in reforming the country's legal education system.

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Double Pay for Workers on June 5

MANILA, Jun 3 (PNA) - Private sector workers, who will report to duty on Wednesday, June 5, will be paid twice their regular daily wages, the Department of Labor and Employment (DOLE) said Monday.

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Complaints via Whatsapp: RTD issues More than 200 Notices

KUALA LUMPUR, June 3 (Bernama) - More than 200 notices have been issued by the Road Transport Department (RTD) as result of consumer complaints via the Whatsapp application during the three days enforcement operation, in conjunction with Adilfitri, which began on May 29.

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