Other Headlines

After Three Years, Regulations under Condominium Law firm up

The Ministry of Construction has announced the formation of a management committee to oversee the implementation of regulations under the Condominium Law 2016 and Condominium Rules 2017.
Date: 17 January 2019; Type: Legal News; Source: Myanmar Times

Local Banks permitted to extend More Mortgages

Local banks have been permitted to allocated 5 percent of their total loan portfolio towards mortgages not exceeding three years, the Central Bank of Myanmar (CBM) said in a statement on Tuesday.
Date: 17 January 2019; Type: Legal News; Source: Myanmar Times

Trade Department Chief fired

U Yan Naing Tun, director general of the Department of Trade under the Ministry of Commerce has been removed from duty, according to notification no. 11/2019 from the President's Office.
Date: 15 January 2019; Type: Legal News; Source: Myanmar Times

Japan helps Myanmar to enact Cybersecurity Law

THE Japanese government is providing support to Myanmar to come up with a cybersecurity law that will govern internet-related activities, particularly e-commerce.
Date: 15 January 2019; Type: Legal News; Source: Myanmar Times

Central Bank permits Loans without Collateral at 16pc Interest Rate

Myanmar banks have been permitted to extend loans without the need for collateral at a maximum lending rate of 16 percent, the Central Bank of Myanmar (CBM) announced in a directive issued yesterday. The measures will take effect on February 1.
Date: 15 January 2019; Type: Legal News; Source: Myanmar Times

Tourism Rules, Regulations may be released this Month: Ministry

The bylaws setting out rules and regulations for the tourism industry could be released this month, according to the Hotels and Tourism Ministry.
Date: 14 January 2019; Type: Legal News; Source: Myanmar Times

'Justice System is regressing’: Court rejects Appeal by Reuters Reporters

Myanmar’s High Court has ruled to keep the two Reuters journalists in jail today, confirming their conviction and seven-year sentences of imprisonment on charges of breaking the colonial-era Official Secrets Act.
Date: 11 January 2019; Type: Legal News; Source: Myanmar Times

FMI changes Name, revises Constitution

Yangon Stock Exchange-listed First Myanmar Investment (FMI) Company announced on Saturday that it will be adopting a new name and constitution in accordance with the Myanmar Companies Law.
Date: 12 January 2019; Type: Legal News; Source: Myanmar Times

Bago Court allows Former Migrant Worker in Fake Kyat case to post Bail

A Bago Region court on Thursday allowed a former maid from Singapore to post bail while facing trial for possession of counterfeit kyat banknotes, a senior state official said.
Date: 04 January 2019; Type: Legal News; Source: Myanmar Times

Trustees ban offerings of Gold Leaf at Inle Pagoda

The board of trustees at Phaung Daw Oo Pagoda on Inle Lake will no longer allow pilgrims to offer gold leaf starting tomorrow, U Than Win, deputy chairman of the trustees, said.
Date: 01 January 2019; Type: Legal News; Source: Myanmar Times

Court sentences Child Rapist to 20 Years in jail in Taunggyi

A Man who was found guilty of raping a child was sentenced to 20 years in jail with hard labour by Taunggyi Township Court in Shan State, according to a human rights group.
Date: 01 January 2019; Type: Legal News; Source: Myanmar Times

Court sentences Former Village Official for Bribery

A local court on Tuesday sentenced a former village official in Mon State to seven years in prison for bribery, court records showed.
Date: 19 December 2018; Type: Legal News; Source: Myanmar Times

Practitioners, Students protest Changes to Traditional-Medicine Law

Practitioners of traditional healing have criticised amendments to the Myanmar Traditional Medicine Council Bill approved in the Pyidaungsu Hluttaw (bicameral legislature) on December 6.
Date: 19 December 2018; Type: Legal News; Source: Myanmar Times

Government considering New Cyber Law, Minister says

A Cyberlaw will be drafted to take action against those who insult the country and people and commit crimes over any communications network, said Deputy Minister of Transport and Communications U Thar Oo.
Date: 13 December 2018; Type: Legal News; Source: Myanmar Times

Local Banks permitted to extend More Mortgages

Local banks have been permitted to allocated 5 percent of their total loan portfolio towards mortgages not exceeding three years, the Central Bank of Myanmar (CBM) said in a statement on Tuesday.

Central Bank permits Loans without Collateral at 16pc Interest Rate FMI changes Name, revises Constitution Central Bank provides New Details on Foreign-Bank Directive more

Draft Bill against Real Estate Monopolies sent to Attorney General

A draft bill to prevent real estate monopolies and increase government tax revenue is being submitted to the Attorney General’s office, according to Deputy Planning and Finance Minister U Maung Maung Win.

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'Justice System is regressing’: Court rejects Appeal by Reuters Reporters

Myanmar’s High Court has ruled to keep the two Reuters journalists in jail today, confirming their conviction and seven-year sentences of imprisonment on charges of breaking the colonial-era Official Secrets Act.

Bago Court allows Former Migrant Worker in Fake Kyat case to post Bail Court sentences Child Rapist to 20 Years in jail in Taunggyi Court sentences Former Village Official for Bribery more

Cabinet OKs sending Caregivers to Japan

The cabinet’s Education, Health and Human Resources Development Committee has allowed the employment agencies to send caregivers to Japan for its elderly, the Ministry of Labour, Immigration and Population said.

Bill Committee rejects Prison Time for Employers who break Labour Law ILO clarifies on Disability Hiring, Minimum Wage and Holidays Garment Workers fired for not signing Employment Contract more

After Three Years, Regulations under Condominium Law firm up

The Ministry of Construction has announced the formation of a management committee to oversee the implementation of regulations under the Condominium Law 2016 and Condominium Rules 2017.

Mandalay revokes Permits for 57 Apartments over Nonpayment No 100 per cent Foreign Ownership in Real Estate Bill to regulate Real Estate Brokers open to Public more

Parliament to pass Tax Bill to curb Corruption

Parliament is set to pass a tax management bill that is expected to curb corruption and increase revenue, a senior member of a Pyidaungsu Hluttaw (bicameral parliament) committee said on Monday.

More Taxes to be levied on Alcohol, Cigarettes IRD to launch Integrated Tax Administration System Parliament mulls Maintaining Tax Rates to Offset Forex Pressure more

INDUSTRY UPDATES

Judge unconvinced by Rapist’s Excuse

A supreme Court judge labelled a 72-year-old man’s excuse that police threats were the reason he confessed to raping a minor in Kampong Chhnang province in 2013 as “unreasonable”.

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INDUSTRY UPDATES

Customs Department offers Online Payment Services

BANGKOK, Jan 16 (NNT) - Businesses needing to make payments to the Customs Department can now do so through online banking.

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INDUSTRY UPDATES

January 21 Special Non-Working Day in ARMM, Two Other Cities

MANILA, Jan 17 (PNA) - Malacañang has declared Jan. 21, 2019 (Monday), a special non-working day in the Autonomous Region in Muslim Mindanao (ARMM), Isabela City, and Cotabato City for the plebiscite of the Bangsamoro Organic Law (BOL).

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INDUSTRY UPDATES

White Paper on Defence to be tabled in Parliament this Year

KOTA KINABALU, Jan 17 (BERNAMA) - The Ministry of Defence will table a White Paper on Defence which will detail the tasks and roles of the Malaysian Armed Forces, said Defence Deputy Minister Senator Liew Chin Tong.

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INDUSTRY UPDATES

Chief Justice calls for Government Audit on Rights of Indigenous People

KOTA KINABALU, Jan 17 (Bernama) - Chief Justice Tan Sri Richard Malanjum today proposed that the government conduct an audit on the rights of the indigenous people to ensure that they are in line with the United Nations declaration.

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INDUSTRY UPDATES

Rape victim testifies that Sex with Convicted Man was ‘Consensual’

A man who was sentenced to 10 years’ imprisonment for a 2007 rape asked the Appeal Court on Tuesday to release him on bail as he was suffering from mental illness.

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INDUSTRY UPDATES

PRRD appoints new Sandiganbayan Associate Justice

MANILA, Jan 16 (PNA) - President Rodrigo R. Duterte has appointed former Makati Regional Trial Court (RTC) judge Ronald Moreno as Associate Justice of the Sandiganbayan.

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INDUSTRY UPDATES

Foreign Ministry continues Ban on UN Special Rapporteur Lee

THE government said it would not rescind its ban on UN Special Rapporteur Yanghee Lee from entering Myanmar, despite her recent request, a Foreign Ministry official said Monday.

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INDUSTRY UPDATES

Pay the Minimum Wage or face Legal Action, Employers told

Employers in Laos will be subject to legal action if authorities discover they are failing to pay their workers the minimum wage.

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INDUSTRY UPDATES

DLT introducing Electronic Licenses

BANGKOK, Jan 15 (NNT) - The Department of Land Transport (DLT) has officially begun to introduce electronic drivers licenses, launching a downloadable application that can digitally hold driver authorizations and vehicle details.

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INDUSTRY UPDATES

DOLE vows Aid for Workers displaced by Hanjin Bankruptcy

MANILA, Jan 15 (PNA) - The Department of Labor and Employment (DOLE) on Tuesday vowed to assist 3,800 workers of Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) who might be affected after the South Korean shipbuilder declared bankruptcy and applied for rehabilitation.

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INDUSTRY UPDATES

Over 100 Medicine Brands for Treatment of Diabetes, Hypertension, High Cholesterol now cheaper under TRAIN Law

The Food and Drug Administration (FDA) has submitted to the Department of Finance (DOF) a list of over 100 medicines with their corresponding generic names and brands for the treatment and prevention of diabetes, hypertension and high-cholesterol, the sale of which are now exempted from the payment of the value-added tax (VAT) beginning Jan. 1 as provided under the Tax Reform for Acceleration and Inclusion Act (TRAIN).

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INDUSTRY UPDATES

Tax Academy eyeing Campuses in Tagaytay, New Clark City

The Department of Finance (DOF) is planning to set up permanent campuses of the Philippine Tax Academy (PTA) in Tagaytay City in Cavite and New Clark City at the Clark Special Economic Zone in Pampanga.

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INDUSTRY UPDATES

Courts urged to speed up Judicial Reform

Hanoi, Jan 14 (VNA) - General Secretary of the Communist Party of Vietnam and President Nguyen Phu Trong has stressed the need for courts at all levels to speed up judicial reform and improve the quality of judgment to minimise inaccurate verdicts and overlooking criminals.

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INDUSTRY UPDATES

No Passport Data lost, breached: Government Printer

MANILA, Jan 14 (PNA) - No passport loss nor breach has occurred in the Department of Foreign Affairs (DFA), APO Production Unit Inc. (APUI), the current Philippine e-passport maker said Monday.

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INDUSTRY UPDATES

Complaint Boxes for Iskandar Puteri Schools to tackle Crimes

ISKANDAR PUTERI, Jan 14 (Bernama) - The Iskandar Puteri District police have suggested for the district’s schools to provide boxes for information or complaints to tackle various crimes involving students.

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INDUSTRY UPDATES

Tax Amnesty Programme aims to reduce People's Burden, says IRB

KUALA LUMPUR, Jan 14 (Bernama) - The Special Voluntary Disclosure Programme (SVDP) is a clear indication of the government's desire to reduce the burden of the people through taxation, Inland Revenue Board (IRB) chief executive officer Datuk Seri Sabin Samitah said.

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INDUSTRY UPDATES

Tengku Abdullah to be proclaimed as New Sultan of Pahang on January 15

PEKAN, Jan 12 (Bernama) - The Regent of Pahang Tengku Abdullah Sultan Ahmad Shah will be proclaimed as the sixth Sultan of Pahang, succeeding Sultan Ahmad Shah, on Jan 15.

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