Thursday, 22 March 2018
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Laos has yet to fully Benefit from Trade Privileges

Although Laos is enjoying Generalised System of Preferences (GSP) exemption from over 50 nations around the world, the country is still unable to fully benefit from the special treatment.

Commonwealth Culinary Creations fined $90,000 under the Workplace Safety and Health Act

Commonwealth Culinary Creations Pte. Ltd (CCCPL) was fined $90,000 on 16 May 2017 under section 11(a) of the Workplace Safety and Health Act for failure to ensure that its workplace is safe and without health risks to every person within the premises, which caused the death of an employee who slipped on the production floor on 21 August 2015.

BOI streamlines Reporting Requirement for its Registered Firms, simplifies S-1 Form

In an effort to further streamline its processes and transactions, the Philippine Board of Investments (BOI) has simplified the reporting requirement for its registered business enterprises (RBEs) with the issuance of Memorandum Circular Number 2017-003.

The National Cybersecurity Plan 2022

The National Cybersecurity Plan (NCSP) 2022 was unveiled last May 02, 2017 to ensure security of the country’s constantly evolving ICT environment.

Exchanging Trade Documents across Borders GeTS easier

A new trade services platform has been launched to facilitate the electronic exchange of trade documents across borders - a timely move given the rapid growth of e-commerce in the region.

Bursa Malaysia signs Memorandum of Understanding with Shanghai Stock Exchange

Beijing, China, 14 May 2017 - Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) today signed a Memorandum of Understanding (“MoU”) with the Shanghai Stock Exchange. Under the terms of the MoU, both parties will explore potential ways for the two exchanges to improve their visibility and accessibility to market participants in Malaysia and China.

Former Executive Chairman of Megan Media sentenced to 18 Months Jail for Submission of False Information

Securities Commission Malaysia (SC) today won a case against former Executive Chairman of Megan Media Holdings for submission of false information.

Advanced Version of China-ASEAN Ties eyed in Guiyang Meeting

GUIYANG, Guizho, May 18 -- Efforts to build an advanced version of strategic partnership between China and Association of South East Asian Nations (ASEAN) kicks off on Friday with the holding of 23rd China-ASEAN Senior Officials' Consultation here.

Lawyer in Court over CBT involving RM300,000

KUALA LUMPUR, May 18 (Bernama) -- A lawyer pleaded not guilty in the Session's Court here today to a charge of criminal breach of trust (CBT) of RM300,000 involving the purchase of a piece of land, last year.

Sunway University hosts Journal of Contract Law Conference 2017

Kuala Lumpur, 18 May 2017: The Centre for Commercial Law and Justice of Sunway University Business School hosted the Journal of Contract Law Conference 2017 today at Lecture Hall 8, Sunway University.

Free Trade Agreement with Singapore cannot be concluded by EU Alone: ECJ

BRUSSELS, May 17 -- The European Court of Justice (ECJ) on Tuesday said that the free trade agreement between the European Union (EU) and Singapore cannot be concluded without the participation of the EU member states, which would have significant implications on its trade policy as a whole.

Govt to allow Foreign Institutions to open Universities in Thailand

BANGKOK, 17 May 2017 (NNT) - The government is planning to invoke Article 44 of the interim constitution to allow foreigners to open universities in the Special Economic Zones (SEZs) in an effort to address skill shortages.

Malaysia faces ASEAN Peer Pressure to conclude EU FTA

BANTING, May 16 (Bernama) -- The conclusion of the European Union (EU) Free Trade Agreement (FTA) by ASEAN member nations, Singapore and Vietnam, has put a sense of urgency for Malaysia to finalise the agreement as well, said the Ministry of International Trade and Industry Ministry (MITI).

Clarification regarding the Imposition of 100% Penalty for failure to declare Income and Correct Information

The Inland Revenue Board of Malaysia (IRBM) would like to bring to the attention of the media and the public regarding the issue of the imposition of penalty at a rate of 100% which will be implemented with effect from 1 January 2018.

Commerce Min unveils Real-Time Trade Database

BANGKOK, 15 May 2017 (NNT) – The Ministry of Commerce has introduced the public to the Trade Intelligence System, a convenient channel for operators to obtain trade information.

NLA discusses Investment Relations Promotion with Private Sector

BANGKOK, 15th May 2017 (NNT) - The National Legislative Assembly has discussed the promotion of investment relations with representatives of the private sector.

ASEAN Economic Community opens Greater Job Opportunities in the Region

Jakarta (ANTARA News) - The Association of Southeast Asian Nations (ASEAN) Economic Community framework can create more job opportunities in the blocs member countries, Director of ASEAN Economic Cooperation from the Ministry of Foreign Affairs Ade Petranto stated.

Response to Competition Commission of Singapore's Recommendations on Formula Milk

The Ministry of Health (MOH), Health Promotion Board (HPB) and the Agri-Food & Veterinary Authority of Singapore (AVA) note the findings from Competition Commission of Singapore’s (CCS) market inquiry into the supply of formula milk, and broadly accept CCS’s recommendations.

7th Meeting of the ASEAN-Japan Heads of Intellectual Property Offices

The Heads of the Intellectual Property Offices of the Member States of the Association of Southeast Asian Nations (ASEAN) and Japan held their Seventh Meeting in Kanazawa, Japan, to advance cooperation and forge deeper collaboration on intellectual property issues.One of the objectives of the meeting was to approve the ASEAN IP Offices-Japan Patent Office (JPO) Intellectual Property Rights Action Plan 2017-2018.

SIAC announces Appointment of New Board and Court Members

The Singapore International Arbitration Centre (SIAC) has announced the appointment of new members to its Board of Directors and Court of Arbitration with effect from 1 April 2017.

Industry Updates

Safe Space for Kids who face Domestic Violence

The Ministry of Social and Family Development has set up a third child protection specialist centre called Safe Space to manage moderate risk cases.

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Laws failing to protect Public: Survey

A survey conducted by non-government group My Justice showed that the current laws and practices of Myanmar and legal organisations fail to fail to protect individuals’ rights and are more concerned with national stability and control.

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Lawyer claims Trial to Money Laundering involving More than RM9 Million

KUALA LUMPUR, March 21 (Bernama) - A lawyer who claimed trial to Criminal Breach of Trust (CBT) involving RM9 million in 2016, was charged in the Sessions Court here today with 90 counts of money laundering involving more than RM9 million, seven years ago.

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Video-recordings of Suspects' Statements to start in Phases

The interviews of those accused of specified rape offences will be the first to be introduced to the video-recording of statements from suspects.

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BNM to launch VBI Scorecard in October

KUALA LUMPUR, March 20 (Bernama) - Bank Negara Malaysia (BNM) is expected to launch the Value-Based Intermediation (VBI) scorecard in October this year, in conjunction with the Global Islamic Finance Forum.

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SC suspends Work in Courts Monday Afternoon due to Transport Strike

MANILA, Mar 19 (PNA) - The Supreme Court (SC) announced a suspension of work in all courts effective 2 p.m. Monday due to the nationwide transport strike staged by the Pinagkaisang Samahan ng mga Tsuper at Operator Nationwide (PISTON).

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MyIPO works with Education Ministry to ensure Intellectual Property Rights of Schools protected

TUARAN, March 18 (Bernama) - The Intellectual Property Corporation of Malaysia (MyIPO) is always working with the Education Ministry to ensure that the Intellectual Property (IP) rights of schools are protected.

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25 Lawsuits filed against Consumer Rights Violators

BANGKOK, Mar 17 (NNT) - The Consumer Protection Committee has decided to file lawsuits against service providers and real estate companies that are violating consumer rights.

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ASEAN-Australia Partnership mutually beneficial: President

Sydney, Mar 18 (ANTARA News) - President Joko Widodo (Jokowi) has said that the partnership between ASEAN and Australia, including in the trade field, is mutually beneficial.

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Bar Council urges Government to set up RCI on Wang Kelian

KUALA LUMPUR, Mar 17 (Bernama) - The Malaysian Bar Council today called on the government to set up a Royal Commission of Inquiry (RCI) to investigate the existence of human trafficking camps and graves in the hilly area of Wang Kelian in Perlis, three years ago.

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Thailand PM travels to Australia for ASEAN-Australia Summit

BANGKOK, Mar 16 (NNT) - Prime Minister Gen Prayut Chan-o-cha today traveled to Australia to attend the ASEAN-Australia Summit, promoting ties between the regional bloc and the Australian nation.

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Sabah Syariah Court Complex to be a State Landmark - CM

KOTA KINABALU, Mar 16 (Bernama) - The Sabah Syariah Court Complex once completed would be a state landmark, said Chief Minister Tan Sri Musa Aman.

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