Tag: Asia Pacific Legal News
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. The […]
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 of 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 the domestic and cross-border legal practice. What the report confirms is the transformation of legal practice, and […]
Interview with HFW Shanghai Head on China’s Legal Market
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, […]
Interview with New Law pioneer Kirsty Dougan, Vario’s Asia MD.
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 by […]
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 publicly listed companies and small-medium enterprises (SMEs). 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 […]
Interview with AIIB GC on Asian Infrastructure and Legal Services
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 […]
Elevate Acquires Cognatio Law, Launching Operations in Hong Kong
Flexible lawyering provider Cognatio extends Elevate’s global capabilities in Asia Pacific market. Law company Elevate today announced it has acquired Cognatio Law, a Hong Kong-based flexible lawyering and legal consulting business serving in-house legal and compliance teams as well as law firms across the Asia Pacific. […]
Yangon – A City Guide for Lawyers and Legal Services Professionals
Yangon, the former capital of Myanmar, is the largest city as well as the cultural and commercial centre of Myanmar. With the recent reforms, there has been a massive influx of foreign investment in the city. The city is still developing and has huge potential. A […]
Latest Employment Trends in Hong Kong: More Burden for Employers?
2018 witnessed the proposed introduction of a number of changes to the employment law regime in Hong Kong, with the Hong Kong Government taking the charge of implementing changes to gradually improve employee protections and employee benefits. This article shall revisit some of the key events […]
Assegaf Hamzah & Partners Participated in the Pre-Series A Funding of Justika.com
Assegaf Hamzah & Partners (AHP), one of the biggest law firms in Indonesia, recently participated in the Pre-Series A funding of Justika.com (Justika), the pioneer of legal services marketplace start-up in Indonesia. AHP’s Managing Partner, Bono Daru Adji, remarked that AHP’s participation in Justika is part […]
Tanner De Witt enhances its litigation practice with the appointment of Kevin Bowers as a Consultant
Tanner De Witt announces with great pleasure the appointment of Kevin Bowers as a Consultant in the firm’s Litigation and Dispute Resolution Practice. Kevin is a dual-qualified lawyer in England and Wales and Hong Kong and has practised as a commercial disputes lawyer and partner with three leading […]
Ho Chi Minh City – A City Guide for Lawyers and Legal Professionals
Ho Chi Minh City, commonly known as Saigon, is a city with a rich culture and history. War relics from the devastating Vietnam War that lasted 20 years, and left a profound impact on the country’s economy, can still be found in the city. From a […]
M&A: Three easily mitigated but commonly overlooked pitfalls
New Delhi lawyers LexCounsel explore three of the most common mistakes made when it comes to Mergers & Acquisitions and their straight-forward solutions. Author Dimpy Mohanty Firm LexCounsel Mergers and Acquisitions (“M&A”) are an incredibly popular way to grow business inorganically. However, a failed M&A can have far-reaching consequences for […]