Tag: Asia Pacific Legal News

Changes to the Thai Foreign Business Act

According to Thailand Foreign Business Act B.E. 2542 (FBA), there are three types of business activities that govern foreign participation in Thai commerce: List 1: Business Not Permitted to Foreigners List 2: Business Permitted to Foreigners under Conditions List 3: Business Not Yet Permitted to Foreigners […]

India: Renewed Interest in Entry of Foreign Law Firms

The discussion around entry of foreign law firms in India was resurrected recently. The economic slowdown is now even more glaring with ADB and IMF further lowering their respective April 2019 growth forecasts, which, together with the forecasts reported by World Bank and Fitch last month, […]

Creating sustainable infrastructure development in Asia. An interview with Jeremy Saw, Director, General Counsel, InfraCo Asia

Jeremy Saw is Director and General Counsel of InfraCo Asia.  In this interview with Asia Law Portal, he explains the organization’s work, the current state of infrastructure development in Asia, the development of his career and the unique nature of his work as an infrastructure lawyer, […]

Vietnam – Proposed Solar Feed-In-Tariffs

On 3 May 2019 the Ministry of Industry and Trade of Vietnam (the “MOIT”) submitted to the Prime Minister a draft decision intended to replace Decision No. 11/2017/QD-TTg of the Prime Minister on mechanisms for the encouragement of development of solar power, dated 11 April 2017 […]

Dispute Resolution a Key Theme of Asian Infrastructure Investment Bank (AIIB) 2019 Annual Meeting in Luxembourg. An Interview with Peter Quayle, AIIB Chief Counsel, Corporate

The Asian Infrastructure Investment Bank (AIIB) is currently hosting its’ first annual meeting outside Asia, in Luxembourg (July 12-13, 2019).  The theme of the meeting is “Cooperation and Connectivity” – “in recognition of the economic and social benefits to be realized through better connectivity within and […]

Vietnam: Wind power barriers need removing

Vietnam’s latest and most comprehensive regulation on wind power development is expected to leave much room for improvement. Dr. Le Net (left), Le Thanh Hieu (middle), and Vo Phuong Thao (right), lawyers at LNT & Partners, provide their analysis of whether the changes will be sufficient […]

Lawyers and Accountants from Across APAC Region Gather in Shanghai to Discuss Growth and Collaboration

Lawyers and accountants from 11 countries were represented at Alliott Group’s APAC Regional Conference in Shanghai from 17-18 June 2019 The annual APAC Regional Conference for Alliott Group, an international alliance of 160 independent law and accounting firms in 65 countries, took place at the Mandarin […]

Asia and Europe are now each other’s leading trade partners

Asia and Europe are now each other’s leading trade partners, with $1.5 trillion in merchandise trade , overtaking their respective trade relationships with the United States, according to a study produced at the initiative of the European Union, as the World Economic Forum (WEF) reported.  As […]

You can’t have your cake and eat it: the progressive case of Dickson Valora Group (Holdings) Co Ltd and another v Fan Ji Qian [2019] HKCFI 482

This case involved 6 members from DVC By Rachel Lam, Terrence Tai and Jasmine Cheung In the recent innovative case of Dickson Valora Group (Holdings) Co Ltd and another v Fan Ji Qian [2019] HKCFI 482, the Court was faced with a groundbreaking application for an anti-suit injunction, whereby the Hong […]

Modi Returns While India’s FDI Falls

The people of India voted the incumbent Prime Minister Narendra Modi back to power with a thumping mandate in the general elections which concluded this month. The reforms and other initiatives of the current Government are expected to continue and pending legislations such as data privacy […]

View your sabbatical as a career booster and not a career break

It can be a scary prospect – the thought of stepping away from your deskbound duties and taking a sabbatical. You may question what your colleagues or management think or fear about this break in proceedings and how this will impact your career development. But having […]

Bend and Stretch: Make the most of your flexibility

So, you might have secured more flexibility in your working life, but what should you do with it? The benefits of a better work life balance have been espoused by many as the way to not only improve an individual’s life by allowing them more time […]

Asia’s economy remains the world’s growth engine, accounting for 62% of global GDP growth

According to a recent interview with BNP Paribas Economist Christine Peltier, “although confronting new challenges, Asia’s economy is still the world’s growth engine, accounting for 62% of global GDP growth.” Peltier highlighted the following developments: Emerging Asia (excluding Japan) grew by 6.2% in 2018, unchanged from the previous […]

Competition Bid-rigging in Hong Kong: tip of the iceberg?

What is the Hong Kong Competition Tribunal’s Approach in Dealing with Enforcement Actions Concerning Bid-Rigging and Market Sharing and Price Fixing? Find out in two landmark decisions handed down on 17.5.2019 under the new competition regime featuring 3 members from DVC including Catrina Lam, Connie Lee […]

Fast-Growing International Alliance of Law and Accounting Firms to Host Regional Conference in Shanghai

Themed ‘Together Towards Tomorrow’, Alliott Group’s APAC Regional Conference takes place from 17-18 June in Shanghai and will bring together senior and managing partners from some of the Asia Pacific region’s leading local law and accounting firms. Over two days, leaders from Alliott Group’s independent member […]

The Business of Law in India in 2019: Marketing, Innovation, Technology and Market Liberalization. An interview with Aman Abbas of Commwiser

Aman Abbas is Co-Founder & CEO, Commwiser, a Delhi-based consultancy focused on public relations and law firm marketing.  His two decades of experience in public relations and communications in professional services includes work with Amarchand Mangaldas, India’s largest Law firm and Big4 acccounting firm KPMG, as […]

Asian Infrastructure Investment Bank (AIIB) London bond issue solidifies the UK’s role in Asia’s development

The Asian Infrastructure Investment Bank (AIIB) raised 2.5 Billion (USD) from 90 bidders in 27 countries on a bond issue this week at the London Stock Exchange (LSE).  As Global Capital described it: “The AIIB placed itself among the very top supranational names in the capital […]

Solutions to mitigate M&A pitfalls

Recently Vietnam has become a favourite merger and acquisition (M&A) destination among foreign investors, particularly from Japan, Korea  and Singapore. Popular sectors include real estate, food and beverages, retail, and to a lesser degree, manufacturing. However, one problem at present is that negotiations are often lengthy and […]

Legal Update: New Amendment to Thailand’s Labor Protection Act Taking Effect on May 6, 2019

The Thai National Legislative Assembly approved a resolution to amend the existing Labor Protection Act (the “LPA”) on December 13, 2018. This amendment to the LPA has been published in the Government Gazette on April 5, 2019, and will come into effect on May 6, 2019. […]

Bringing It All Back Home – Asia and The City of London – A legal and business conference – at The Law Society, 3 June, 2019

The legal and business conference “Bringing It All Back Home – Asia and The City of London”, will take place 3 June, 2019, at The Law Society of England & Wales Head Quarters in the City of London.  “Bringing It All Back Home”, supported by the Law […]

Top 12 aspects to implement for an Effective Whistle-blower Hotline

A whistle-blower hotline is often a key component of an effective corporate compliance and ethics program. Research reveals that internal employee hotlines facilitate the detection of unethical or unlawful conduct, as tips are the most common detection method for suspected wrongdoing in companies with or without […]

Law business structures – challenges in ASEAN

In 2014, the IBA commissioned a mammoth report on Global Cross Border Legal Services that comprehensively covers information about over 90 countries and 160 jurisdictions on the regulation of domestic and cross-border legal practice.   What the report confirms is the transformation of legal practice, and thus […]

An interview with HFW’s Shanghai office head Nicholas Poynder on China’s hyper-competitive legal market and the firm’s goals for Asia

International law firm HFW maintains one of the most significant Asia-Pacific presences for a foreign-headquartered firm – with a total of 7 offices in the region.  And not long ago, the firm launched a transactional practice in Shanghai.  In this Q&A interview with Asia Law Portal, […]

An interview with New Law pioneer Kirsty Dougan as she joins Vario as Asia Managing Director

Dougan is NewLaw’s pioneer in Asia Kirsty Dougan co-founded  NewLaw in Asia in late 2009 and last month, after almost a decade in the sector, she joined Pinsent Masons flexible NewLaw unit Vario as Managing Director for Asia.  Dougan will be based in a new office […]

Hong Kong and Mainland authorities sign new arrangement on interim measures in aid of arbitration

This article was co-authored by José-Antonio Maurellet SC and Ellen Pang of Des Voeux Chambers and Yanhua Lin of Fangda Partners On 2 April 2019, the Hong Kong Government and the Supreme People’s Court of China signed the Arrangement Concerning Mutual Assistance in Court-ordered Interim Measures in Aid of Arbitral Proceedings by the […]

Vietnam: Proposed New Solar Feed-In-Tariff

The Ministry of Industry and Trade of Vietnam publicized a draft Decision that will replace Decision No. 11/2017/QD-TTg issued by the Prime Minister of Vietnam dated 11 April 2017 on mechanisms to encourage the development of solar power projects in Vietnam. The Draft Decision is expected […]

Mixed Forecast for India’s Economic Growth

There were mixed forecasts for India’s growth in reports issued by Fitch and Moody’s. While one showed a continuous decline the other one appeared stable. There is a proposal to liberalise foreign direct investment in foreign portfolio investments. India and South Korea came together to create […]

CTL Strategies to host Seminar on Recent Developments in BPT and WHT, 13 April 2019 in Male’, Maldives

CTL Strategies is conducting a full day seminar on Recent Developments in BPT and WHT. The seven-hour seminar is designed to give participants an in-depth understanding of the BPT and WHT regimes, including the recent updates to those regimes via Tax Rulings and other decisions made […]

Mah Weng Kwai Lunch Talk: Corporate Law: Mergers and Acquisitions 21 March, 2019. Petaling Jaya, Selangor, Malaysia

OVERVIEW Mergers and acquisitions (M&A) continue to redefine Malaysian businesses, both public listed companies and small-medium enterprises (SME’s). There are various corporate structures and transactions that may be used for the consolidation and transfer of corporate interests. Hence it is important for business owners and corporate […]

Hong Kong Dispute Resolution: What’s Ahead in 2019 and Beyond?

Here, we take a look at market trends and emerging best practices in the dispute resolution space to offer a guide as to what could be top of mind for practitioners in 2019 and beyond Arbitration What’s on the horizon? We’ve seen key changes in the […]

Insolvency Laws in Myanmar

This article has been published in IBA Banking Law Committee Publications. Insolvency laws in Myanmar Myanmar insolvency legislation is interspersed with and revolves around the Rangoon Insolvency Act 1910 (‘Rangoon Act’), the Burma Insolvency Act 1920 (‘Burma Act’) and the Myanmar Companies Law 2017 (MCL). Like […]

Dip in India’s FDI While It Climbs Highest in IP Index

India reported reduction in its foreign direct investments. The draft national e-commerce policy has been introduced and currently available for submission of comments by stakeholders. The news to cheer was India’s climb in global intellectual property index. The RBI’s forecast on India’s GDP growth was announced […]

Your Business Personality – and why it matters

When people think of personality types in relation to business, many think of the Myers-Briggs test – a self-report questionnaire which was developed by Katharine Cook Briggs and her daughter Isabel Briggs Myers during World War II, primarily to help women entering the workforce for the […]

Infrastructure Development and the Legal Services Sector in Asia: An interview with Gerard Sanders, General Counsel, Asian Infrastructure Investment Bank (AIIB)

Gerard Sanders, General Counsel of the Asian Infrastructure Investment Bank (AIIB), is working to deepen ties between AIIB and Asia-Pacific regional arbitral hubs and other legal institutions to help facilitate coordination to promote infrastructure development.  In anticipation of his upcoming visit to the Hong Kong International […]

Latest Employment Trends in Mainland China: More Foreigners May Need to Pay Individual Income Tax in China?

2018 was an eventful year for reform in Chinese employment law, as it seeks to open its labour market to foreigners and residents from Hong Kong, Macau and Taiwan. Some of the changes have significant ramifications to foreign enterprises operating in Mainland China. This article shall […]

Lawyers are from Mars: Marketing People are from Mercury OR the importance of cognitive diversity in law firms

“We always did feel the same we just saw it from a different point of view. Tangled up in blue.” Bob Dylan In preparation for taking on a new marketing and business development role at an international law firm (this was after I accepted the position […]

Cambodia Legal & Tax Alert: Fortnightly Payments in Effect

The Ministry of Labour and Vocational Training (“MLVT”) introduced “Prakas 442 – On the Payment of Wages” (Prakas 442) in September 2018. Prakas 442 provides that from January 2019 all enterprises and establishments covered by the provisions of the Labour Law shall prepare their payroll to […]

Barriers to funding arbitration in Hong Kong dismantled

Hong Kong’s lawmakers kicked off the process of permitting the third-party funding of arbitration as far back as 2013, even then recognising the anachronistic nature of the prohibition. It has taken nearly six years for us to reach this point, but from February 1st the funding […]

High Growth Forecast for India Amidst Some Concerns

India continued to receive high economic growth forecast, as per reports issued by the International Monetary Fund and United Nations (UN). However, the UN reported highlighted some concerns and worrisome factors. Government of India recently amended the external commercial borrowings rules to further enable ease of […]

A Year of Big Changes: Latest Employment Trends in Singapore and Japan

2018 saw the biggest changes in the employment law regimes of both Singapore and Japan. Both jurisdictions have recently gone through a fundamental change to the key legislation concerning employees’ rights. This includes a wider coverage of employees who are entitled to statutory benefits, and the […]