Intellectual Property Law

Better and Easier Intellectual Property Protection in Malaysia from Next Year

Date: 15 October 2018; Type: Legal News; Source: Bernama

KUALA LUMPUR, Oct 15 (Bernama) - Malaysian companies and international entities will see easier filing of Intellectual Property (IP) ownership and better protection of IP rights when the country accedes to the Madrid Protocol next year, said Deputy Minister of Domestic Trade and Consumer Affairs Chong Chieng Jen.

"The move will offer trademark protection for businesses and help them to expand their products and services locally and internationally through a single application,” he said.

“The international registration system is administered by the International Bureau (IB) of the World Intellectual Property Organization (WIPO) and will make it easy for their business to go abroad,” he told reporters after officiating the Seminar on ‘Protecting Your Trademarks and Inventions Overseas: WIPO Services and Initiatives For Malaysian Business’ here, today.

Chong said there were big challenges to get the IP protection across the world and by joining the Madrid Protocol, Malaysian businesses would get protection from over 150 member countries.

Thus, he said, the ministry was in the process of repealing the current Trade Marks Act 1976 and introduce a new Trade Marks Act which is expected to be tabled in Parliament soon to allow Malaysia to accede to the protocol.

So far in 2018, there have been 32,481 applications from trademark owners from various industries while 24,020 registration had been made until September involving local and international businesses.

MY Bernama

Asean LIP works with Bernama to bring you the latest Malaysian legal news. Bernama is the national news agency of Malaysia. You shall not reproduce the above/ attached materials in whole or in part without the prior written consent of the Publishers and/or Bernama. Neither the Publishers nor Bernama will be liable for any loss, injury, claim, liability, or damage caused directly, indirectly or incidentally to errors in or omissions from the above/ attached materials. The Publishers and Bernama also disclaim and exclude all liabilities in respect of anything done or omitted to be done in reliance upon the whole or any part of the above/attached materials. The access to, and the use of, Asean LIP and contents herein are subject to the Terms of Use.

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