singapore - General & Misc - News

Bill to bolster Checks in Gem Deals, Fight Crime and Improve Security

All regulated dealers of precious stones and metals, like diamonds, jade, silver and gold, will have to conduct stricter customer due diligence checks when handling transactions.
Date: 15 January 2019; Type: Legal News; Source: Singapore Law Watch

Oil Giant Shell fined $400,000 for Fire

Oil giant Shell has been fined $400,000 for a health and safety breach that led to a fire at the Pulau Bukom petroleum refinery which left six workers with burns.
Date: 09 January 2019; Type: Legal News; Source: Singapore Law Watch

AVA can make Arrests for offences under Nine Acts

The Agri-Food and Veterinary Authority of Singapore (AVA) is authorised to make arrests for offences that fall under nine Acts and their subsidiary legislation.
Date: 09 January 2019; Type: Legal News; Source: Singapore Law Watch

Law Society Chief, Three Others appointed Senior Counsel

The President of the Law Society, Gregory Vijayendran, fellow litigator Siraj Omar, 46, as well as two former judicial commissioners of the Supreme Court, Foo Chee Hock, 58, and Foo Tuat Yien, 65, were conferred the coveted designation when their appointments were announced by Chief Justice Sundaresh Menon at the opening of the legal year.
Date: 08 January 2019; Type: Industry Updates; Source: Singapore Law Watch

Court rejects Bid to get StreetSine to place $456k Security for Costs

The High Court has rejected a bid by 23 defendants, including the Singapore Institute of Surveyors and Valuers (SISV), for info-tech firm StreetSine Singapore to place some $456,000 as security for costs before continuing its lawsuit against them.
Date: 07 January 2019; Type: Legal News; Source: Singapore Law Watch

New Faces for Asean Human Rights Commission

The Government has appointed Dr Shashi Jayakumar from the S. Raja-ratnam School of International Studies (RSIS) as Singapore's representative to an Asean commission which promotes human rights.
Date: 02 January 2019; Type: Industry Updates; Source: Singapore Law Watch

Financial Industry shares Good Data Analytics use Cases to Fight Financial Crime

SINGAPORE, Nov 29 - The Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) Industry Partnership (ACIP) launched a paper today to encourage greater adoption of Data Analytics (DA) solutions by financial institutions.
Date: 29 November 2018; Type: Industry Updates; Source: Monetary Authority of Singapore

Singapore hosts 44th ASEAN Ports Association Meeting

The Maritime and Port Authority of Singapore (MPA) have hosted the 44th ASEAN Ports Association (APA) Meeting on 27 and 28 November 2018. The annual meeting was officially opened by the Chairman of MPA, Mr. Niam Chiang Meng, at the Conrad Centennial Hotel this morning.
Date: 27 November 2018; Type: Industry Updates; Source: Maritime and Port Authority

Bilateral Investment Treaty between Singapore and Kazakhstan to promote Stronger Economic Ties

Singapore and Kazakhstan strengthened economic ties with the exchange of a Bilateral Investment Treaty (BIT) today. The agreement was exchanged by Senior Minister of State for Trade and Industry Dr. Koh Poh Koon and Kazakhstan Minister for Investment and Development Zhenis Kassymbek, in the presence of Prime Minister Lee Hsien L ...
Date: 21 November 2018; Type: Legal News; Source: Ministry of Trade and Industry

MoneySense launches New Initiatives to improve Singaporeans' Financial Health

SINGAPORE, Nov 17 - Singaporeans will be able to take better charge of their financial well-being through new initiatives rolled out today by MoneySense, Singapore’s national financial education programme.
Date: 17 November 2018; Type: Legal News; Source: Monetary Authority of Singapore

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership enters into Force in December

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will enter into force on 30 December 2018, following the ratification by six Parties - Mexico, Japan, Singapore, New Zealand, Canada, and Australia. Vietnam is the seventh country to ratify the CPTPP.
Date: 20 November 2018; Type: Industry Updates; Source: Ministry of Trade and Industry

Duplicate of MOM Website

The Ministry of Manpower has warned that there is a fake MOM website phishing for personal info - http://momgovsg.co.in. They have also urged people to use only the official MOM website at https://www.mom.gov.sg for all info and transactions on MOM matters.
Date: 05 November 2018; Type: Legal News; Source: Ministry of Manpower

Bank Indonesia and Monetary Authority of Singapore establish US$10 Billion Bilateral Financial Arrangement

Singapore, Nov 5 - Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have established a bilateral financial arrangement of USD 10 billion equivalent. The arrangement will enable the two central banks to access foreign currency liquidity from each other, if needed, to preserve monetary and financial stability.  
Date: 05 November 2018; Type: Legal News; Source: Monetary Authority of Singapore

Inaugural Singapore-Chongqing Financial Summit unlocks Opportunities for Regional Financial and Infrastructure Connectivity

Chongqing, Nov 2  - More than 500 government officials, financial sector professionals and corporate leaders from China and Southeast Asia attended the inaugural China (Chongqing)-Singapore Connectivity Initiative Financial Summit (Summit) in Chongqing, China, today. The Summit presented collaboration opportunities on cross-border financial an ...
Date: 02 November 2018; Type: Industry Updates; Source: Monetary Authority of Singapore

Public Consultation on proposed 'Transformation' of the Civil Justice System

The Ministry of Law ('MinLaw') has invited views and comments on the recommendations made by the Civil Justice Review Committee (the 'CJRC') and the Civil Justice Commission (the 'CJC') to address 'the need to continue reviewing and improving the system to ensure that the costs and time needed to resolve a civil disput ...
Date: 02 November 2018; Type: Industry Updates; Source: Law Society of Singapore

MHA reviewing Exemption of Food Products containing Alcohol

The Liquor Control (Supply and Consumption) Act (LCA) was implemented in 2015 to restrict the sale of liquor at retail outlets and consumption of liquor in public places.
Date: 25 October 2018; Type: Legal News; Source: Ministry of Home Affairs

SIAC Signs Memorandum of Understanding with the Peking University Law School

The Singapore International Arbitration Centre (SIAC) has announced that it has entered into a Memorandum of Understanding (MOU) with the Peking University Law School (PKU LAW).
Date: 15 October 2018; Type: Industry Updates; Source: Singapore International Arbitration Centre

Singapore and Indonesia sign Bilateral Investment Treaty to promote Stronger Economic Ties

Singapore and Indonesia signed an Agreement on the Promotion and Protection of Investments, also known as the Bilateral Investment Treaty (BIT), at the Singapore-Indonesia Leaders’ Retreat in Bali, Indonesia, today. Minister for Trade and Industry Chan Chun Sing, who is attending the Leaders’ Retreat as part of the Singapore delegation, ...
Date: 11 October 2018; Type: Industry Updates; Source: Ministry of Trade and Industry

Community Mediation Centre achieves International Accreditation

The Community Mediation Centre (CMC) received international accreditation for its community mediation service and training, as it turns 20 this year. At its annual Mediators’ Appointment Ceremony and Appreciation Dinner, Senior Minister of State (SMS) for Law and Health Edwin Tong, thanked the CMC’s volunteer mediators for their contrib ...
Date: 05 October 2018; Type: Legal News; Source: Ministry of Law

Singapore Courts grant Disposal Orders for 1MDB Related Funds

SINGAPORE, Sept 10 (Bernama) - The Singapore State Courts have granted disposal orders in respect of monies that had been unlawfully misappropriated from the 1MDB and/or SRC International Sdn Bhd Group of Companies.
Date: 10 September 2018; Type: Legal News; Source: Bernama

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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INDUSTRY UPDATES

Judges, Judicial Officers receive DoJ Training not due to High Profile Cases - CJ

PUTRAJAYA, Jan 11 (Bernama) - Chief Justice Tan Sri Richard Malanjum explained that the training of Malaysian judges and judicial officers by the United States Department of Justice (DOJ) was not due to the high profile money laundering cases, such as the ones involving former Prime Minister Datuk Seri Najib Tun Razak.

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INDUSTRY UPDATES

Adapt Technology and Work from anywhere, CJ tells Lawyers

PUTRAJAYA, Jan 11 (Bernama) - With the tagline ‘Now Anywhere Can Work’, lawyers can now deal with their cases from anywhere through the use of technology introduced by the judiciary in order to have an efficient court system, said Chief Justice Tan Sri Richard Malanjum today.

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Malaysian Bar will continue to voice Concerns over use of Oppressive Laws - President

PUTRAJAYA, Jan 11 (Bernama) - The Malaysian Bar will continue to voice its concerns on the continued use of oppressive laws, said its president George Varughese.

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INDUSTRY UPDATES

Full Force of the Law to be applied to Wrongdoers, says AG

PUTRAJAYA, Jan 11 (Bernama) - Attorney-General Tommy Thomas said today the full force of the law would be applied to wrongdoers.

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INDUSTRY UPDATES

Matrade appoints Halim Mohamad as Chairman

KUALA LUMPUR, Jan 11 (Bernama) - Malaysia External Trade Development Corporation (Matrade) has appointed Tan Sri Halim Mohammad as its seventh chairman, effective Jan 1, 2019.

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INDUSTRY UPDATES

Vietnam requests other Countries to respect International Law

Hanoi, Jan 9 (VNA) - Foreign Ministry Spokesperson Le Thi Thu Hang underlined Vietnam’s stance on the US vessel USS McCampbell’s passage through Vietnam’s Hoang Sa (Paracel) waters, while responding to reporters’ questions regarding the case on January 9.

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INDUSTRY UPDATES

Justice Ministry should be “Goalkeeper” of Government in Legal Issues: PM

Hanoi, Jan 8 (VNA) - The Ministry of Justice should be the “goalkeeper” of the Government in international legal issues to ensure national rights and interests, Prime Minister Nguyen Xuan Phuc said at a conference of the sector in Hanoi on January 8.

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INDUSTRY UPDATES

Rizal granted Permission to transfer Corruption Case to High Court

KUALA LUMPUR, Jan 9 (Bernama) - The case of former special officer to the former Prime Minister, Datuk Rizal Mansor, who faces four corruption charges involving a solar hybrid system project for rural schools in Sarawak will be heard in the High Court.

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INDUSTRY UPDATES

Law Society Chief, Three Others appointed Senior Counsel

The President of the Law Society, Gregory Vijayendran, fellow litigator Siraj Omar, 46, as well as two former judicial commissioners of the Supreme Court, Foo Chee Hock, 58, and Foo Tuat Yien, 65, were conferred the coveted designation when their appointments were announced by Chief Justice Sundaresh Menon at the opening of the legal year.

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