Contracts & Commercial

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Bill on Mining Fiscal Regime hurdles Second Reading at House

MANILA, Oct 10 (PNA) - The House of Representatives on Wednesday night approved on second reading a measure seeking to establish a fiscal regime for the mining industry.

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Other Headlines

Barter System in Sabah to start on January 1 - Mohd Shafie

KOTA KINABALU, Oct 9 (Bernama) - Barter trade between Sabah and the neighbouring countries which was halted due to security reason will resume operation on January 1 2019.
Date: 09 October 2018; Type: Legal News; Source: Bernama

Government endorses Draft Sugarcane and Sugar Act

BANGKOK, Oct 9 (NNT) - The government has endorsed the draft Sugar Cane and Sugar Act to ensure that the Thai sugar industry thrives systematically and benefits the farmers.
Date: 09 October 2018; Type: Legal News; Source: National News Bureau of Thailand

Retailers hit with Liquor Import Ban

Liquor retailers are no longer allowed to sell imported brands, as it is a violation of Ministry of Commerce regulations.
Date: 04 October 2018; Type: Legal News; Source: Myanmar Times

Legislation in the Works to regulate Multi-Level Marketing

Following the government’s prohibition of multi-level marketing via a notification dated September 18, consumer rights advocates and other experts have come out to say more must be done to educate the public about the drawbacks of the system.
Date: 05 October 2018; Type: Legal News; Source: Myanmar Times

Court grants Appointment of Central Broker, Appraiser to sell Equanimity

KUALA LUMPUR, Oct 5 (Bernama) - The Admiralty Court here today granted an application by the government to appoint a central broker and an international appraiser to handle the sale of the luxury superyacht 'Equanimity', which purportedly belongs to fugitive businessman Low Taek Jho or Jho Low.
Date: 05 October 2018; Type: Legal News; Source: Bernama

Chan Gek Yong v Violet Netto and Another, and Another Matter

Contract - Formation - Capacity of parties - Incapacity; Contract - Duress; Contract - Mistake - Non est factum

Date: 20 September 2018; Court: High Court; Citation: [2018] SGHC 208; Source: Singapore Law Watch

Cabinet OKs New Cane and Sugar Bill

BANGKOK, Oct 2 (NNT) - The Cabinet has approved in principle, the new Cane and Sugar Bill, which has been designed to suit today’s circumstances.
Date: 02 October 2018; Type: Legal News; Source: National News Bureau of Thailand

Ban on Sale of Sri Saga Juice Products

KUALA LUMPUR, Sept 24 (Bernama) - The Health Ministry has ordered an immediate ban on the sale of Al Sunnah Juice, Al Sunnah Gold Juice and Penawar Juice marketed by Sri Saga Marketing S/B company as the products could be detrimental to health.
Date: 24 September 2018; Type: Legal News; Source: Bernama

Kerajaan Malaysia v Global Globe (M) Sdn Bhd

Contracts & commercial – Contract – Provision for extension of time to complete the contract – Construction of the contractual clause that provides for extension of time – Refusal to grant a third extension of time – Termination of contract – Whether the Certificate of Non-Completion validly issued – ...

Date: 03 September 2018; Court: Court of Appeal; Citation: [2018] MYCA 297; Source: Federal Court Registry

Yeoh Thiam Soon v Chan Weng Sang and 5 Others

Contracts & commercial – Sale and purchase agreement – Extended completion period clause to discharge a charge in favour a bank subject to payment of interest for the extended time – Further extension of time – Whether further extension granted – Whether further extension of time granted subjected to payment of ...

Date: 30 August 2018; Court: Court of Appeal; Citation: [2018] MYCA 296; Source: Federal Court Registry

Kondisi Utama Sdn Bhd v Baltic Agencies Pte Ltd and Another Appeal

Contracts & commercial – Contract – Breach of contract

Date: 16 August 2018; Court: Federal Court; Citation: [2018] MYFC 21; Source: Federal Court Registry

Government bans MLM Firms

The Ministry of Commerce (MOC) on September 18 issued notification (46/2018) which prohibits the business of Multi-Level Marketing (MLM) in Myanmar. The ban will take effect immediately.
Date: 20 September 2018; Type: Legal News; Source: Myanmar Times

Super Group Ltd v Mysore Nagaraja Kartik

Contract - Breach; Evidence - Presumptions - Electronic records; Evidence - Proof of evidence - Standard of proof for fraud; Limitation of Actions - Extension of limitation period - Acknowledgement

Date: 14 September 2018; Court: High Court; Citation: [2018] SGHC 192; Source: Singapore Law Watch

Kee Wah Soong v Yap Boon Hwa and Another Appeal

Contracts & commercial – Purchase of shares – Purchase price – Fraudulent misrepresentation – Entitlement to damages for fraudulent misrepresentation

Date: 24 August 2018; Court: Court of Appeal; Citation: [2018] MYCA 293; Source: Federal Court Registry

Government wants Report from Contractors failing to return Tender Document

Jakarta, July 14 (ANTARA News) - The government will summon seven oil and gas contractors which have failed to return their tender document until the registration deadline of July3 this year was over.

Indonesia signs Four Oil, Gas Contracts under Gross Split Scheme Government to complete Draft Regulation on e-Commerce soon Indonesia, Somalia agree to enhance Trade Ties more

Propose Law to promote Public Private Partnerships, NA instructs

The National Assembly (NA) has told the government to formulate legislation to manage and attract more investment in the form of public-private partnerships (PPP), and Build-Operate-Transfer (BOT) projects to drive devel ...

Minister names New Measures to improve ease of doing Business Advertising signs need Permits: Vientiane Authorities Government seeks better Regulation of Associations more

Barter System in Sabah to start on January 1 - Mohd Shafie

KOTA KINABALU, Oct 9 (Bernama) - Barter trade between Sabah and the neighbouring countries which was halted due to security reason will resume operation on January 1 2019.

Court grants Appointment of Central Broker, Appraiser to sell Equanimity Ban on Sale of Sri Saga Juice Products Kerajaan Malaysia v Global Globe (M) Sdn Bhd more

Retailers hit with Liquor Import Ban

Liquor retailers are no longer allowed to sell imported brands, as it is a violation of Ministry of Commerce regulations.

Legislation in the Works to regulate Multi-Level Marketing Government bans MLM Firms Traders for 81 Goods allowed to apply for Licences Online more

Government endorses Draft Sugarcane and Sugar Act

BANGKOK, Oct 9 (NNT) - The government has endorsed the draft Sugar Cane and Sugar Act to ensure that the Thai sugar industry thrives systematically and benefits the farmers.

Cabinet OKs New Cane and Sugar Bill Cabinet nods to Southern Economic Corridor Project Government to enact New Law to promote Community Enterprises more

INDUSTRY UPDATES

SC allows Media Coverage of de Lima Drug Case Trials

MANILA, Oct 17 (PNA) - The Supreme Court (SC) allowed news coverage of Senator Leila de Lima’s trials for alleged drug trading activities before the Muntinlupa City Regional Trial Court (RTC).

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INDUSTRY UPDATES

House supports Placement of Migrant Workers through One Channel

Jakarta, Oct 16 (ANTARA News) - Chairman of the House of Representatives` (DPR`s) Commission IX Dede Yusuf supported the placement of Indonesian migrant workers through the One Channel Placement System (SPSK) agreed upon by Indonesia and Saudi Arabia.

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INDUSTRY UPDATES

Industry 4.0 to put Indonesia among Top 10 Economies

Jakarta, Oct 17 (ANTARA News) - The fourth industrial revolution, also known as industry 4.0, is expected to make Indonesia one of the top 10 economies in the world in 2030, Industry Minister Airlangga Hartarto said.

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INDUSTRY UPDATES

Government encourages SMEs to go Digital

Jakarta, Oct 16 (ANTARA News) - The government encourages national small and medium enterprises or SMEs to take advantage of the digitalization era by using online networks to expand their businesses.

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INDUSTRY UPDATES

WIPO Director General Conferred the Order of Sikatuna

World Intellectual Property Organisation (WIPO) Director General Dr. Francis Gurry has received the highest Presidential honour of diplomatic merit in recognition of his extraordinary efforts to sustain and strengthen WIPO’s relations with the Philippine government, through the Intellectual Property Office of the Philippines (IPOPHL).

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INDUSTRY UPDATES

PH Ambassador Promotes ASEAN Trade, Tourism in Spain

MADRID, Oct 16 (DFA) - To raise awareness about ASEAN and promote ASEAN trade and tourism in Spain, Philippine Ambassador to Spain Philippe J. Lhuillier and the other ASEAN Ambassadors in Madrid paid a courtesy call on the Spanish Minister for Industry, Trade, and Tourism Maria Reyes Maroto Illera.

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INDUSTRY UPDATES

BOC, PCG Ink MOA for Strengthened Joint Anti-Smuggling Operations

The chiefs of the Bureau of Customs (BOC) and the Philippine Coast (PCG), on Monday, October 15 signed a Memorandum of Agreement (MOA) which provides them guidelines in the conduct of anti-smuggling joint operations within the country’s borders.

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INDUSTRY UPDATES

PH Showcases Best Practice on Anti-Poverty

NEW YORK, Oct 12 (DFA) - The Philippines underscored the crucial need to use the Multidimensional Poverty Index (MPI) as an alternative measure of poverty during the High-level side-event on “Using the Multidimensional Poverty Index to guide innovative policies in all its dimensions” held on the sidelines of the 73rd Session of the United Nations (UN) General Assembly High Level Week held at the UN Headquarters in New York on 25 September 2018

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INDUSTRY UPDATES

21 Law Firms vow to create more chances for Young Lawyers

Twenty-one law firms, including Drew & Napier and Tan Rajah & Cheah, have pledged to provide more opportunities for young lawyers to represent their clients in court.

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INDUSTRY UPDATES

Thailand hosts ASEAN Disaster Assessment and Mitigation Training Course

BANGKOK, Oct 16 (NNT) - Thailand is hosting the latest ASEAN training course on regional disaster assessment and mitigation to ensure timely assistance, and enhance the reach and capability of the region’s relief efforts.

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INDUSTRY UPDATES

Del Castillo to head JBC Search for Next CJ

MANILA, Oct 16 (PNA) - Associate Justice Mariano del Castillo will sit at the helm of the Judicial and Bar Council (JBC) in screening aspirants for the vacancy in the Supreme Court (SC) following the retirement of Chief Justice Teresita Leonardo-de Castro, JBC ex-officio member and Justice Secretary Menardo Guevarra said Tuesday.

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INDUSTRY UPDATES

SC reorganizes Three Divisions as Hernando assumes Post

MANILA, Oct 16 (PNA) - The Supreme Court (SC), under Acting Chief Justice Antonio Carpio, has reorganized the membership in its three divisions following the entry of its newest member, Associate Justice Ramon Paul Hernando.

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INDUSTRY UPDATES

Non-infra Programs face Cancellation if Oil Excise Tax suspended

MANILA, Oct 15 (PNA) - Some of the Duterte administration's non-infrastructure expenditures scheduled for 2019 face possible cancellation if the implementation the oil excise tax's second tranch is put on hold due to soaring world crude prices, Finance Secretary Carlos Dominguez III said.

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INDUSTRY UPDATES

SIAC signs Memorandum of Understanding with the China International Economic and Trade Arbitration Commission

The Singapore International Arbitration Centre (SIAC) has announced that it has entered into a Memorandum of Understanding (MOU) with the China International Economic and Trade Arbitration Commission (CIETAC) to promote international arbitration as a preferred method of dispute resolution for resolving international disputes.

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INDUSTRY UPDATES

Duterte will ‘definitely’ Order Oil Excise Tax Suspension

MANILA, Oct 15 (PNA) - Malacañang on Monday confirmed that President Rodrigo R. Duterte will soon order the temporary suspension of the second tranche of excise tax on fuel, but has yet to decide whether it will heed a senator's suggestion to suspend it "now or sooner."

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INDUSTRY UPDATES

Indonesia's proposal on Tuna Labeling approved by Asean Ministers

Jakarta, Oct 15 (ANTARA News) - Indonesia`s proposal on the ASEAN Tuna Eco-Labeling (ATEL) policy has been approved and endorsed at the ASEAN Ministers of Agriculture and Forestry (AMAF) meeting in Hanoi, Vietnam.

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INDUSTRY UPDATES

IMF-WB - Indonesia to use OECD Recommendations to set up Policies

Nusa Dua, Bali, Oct 14 (ANTARA News) - Indonesia will use a recommendation on tourism development from the OECD (Organization for Economic Cooperation Development) as one of the references in setting up policies.

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INDUSTRY UPDATES

Deterrent Punishment must be imposed if Death Sentence to be abolished - AADK

BANGI, Oct 15 (Bernama) - The National Anti-Drug Agency (AADK) urged the government to decide on appropriate punishment for drug offences, if the mandatory death sentence to be abolished, says its director-general Datuk Seri Zulkifli Abdullah.

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