Wednesday, 22 November 2017
Sort Updates

Corporate & Commercial

Top Story

Government to revoke Permits of Companies not complying with Plastic Wastes Importation

PUTRAJAYA, Nov 18 (Bernama) - The government will immediately cancel the approved permits (AP) of companies which failed to comply with regulations on the importation of plastic wastes said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar.

More Top Stories Read More

Other Headlines

Sandiganbayan upholds Estrada Bail

MANILA, Nov 16 (PNA) - The Sandiganbayan has upheld its resolution granting bail for the temporary liberty of former Senator Jose “Jinggoy” Estrada for his plunder case in connection with his alleged involvement in the multi-billion-peso Priority Development Assistance Fund (PDAF) or “pork barrel” anomaly.
Date: 16 November 2017; Type: Legal News; Source: Philippine News Agency

Singapore prohibits all Commercial Trades with North Korea

SINGAPORE, Nov 16 (Bernama) - Singapore has prohibited all commercially traded goods, including exchanged for money or barter traded from North Korea, whether they are imported, exported, transshipped or brought in transit through the republic from Nov 8.
Date: 16 November 2017; Type: Legal News; Source: Bernama

Pengarah Syarikat Didakwa Buat Pernyataan Palsu

Selasa, Nov 14 - Abdul Malek Bin Mansor @ Hussein, 48 tahun, pengarah syarikat Mandaq Tours And Car Rental Sdn Bhd telah didakwa di Mahkamah Sesyen Jenayah 5, Alor Setar, Kedah atas kesalahan membuat pernyataan palsu kepada SSM di bawah Seksyen 364(2) Akta Syarikat 1965 yang membawa hukuman penjara tidak melebihi 10 tahun atau denda tidak melebihi ...
Date: 14 November 2017; Type: Legal News; Source: Companies Commission

Ministry submits Proposed Amendments to Cooperative Societies Act to AGC

PETALING JAYA, Nov 14 (Bernama) - The Ministry of Domestic Trade, Cooperatives and Consumerism has submitted the proposed amendments to the Cooperative Societies Act 1993 (Amendment 2007) (Act 502) to the Attorney-General's Chambers (AGC) to be scrutinised.
Date: 14 November 2017; Type: Legal News; Source: Bernama

Housewife staves off Bankruptcy over Husband's $16m Debt

A housewife has successfully staved off bankruptcy over her husband's debt after the High Court set aside a statutory demand by the bank.  
Date: 11 November 2017; Type: Legal News; Source: Singapore Law Watch

ASEAN Econ Ministers seek to complete RCEP Negotiations by Year End

MANILA, Nov 12 (PNA) - Economic ministers of the Association of Southeast Asian Nations (ASEAN) member states have committed to complete the negotiations on the Regional Comprehensive Economic Partnership (RCEP) by the end of the year.
Date: 12 November 2017; Type: Legal News; Source: Philippine News Agency

IRB: 10 Companies, Six Individuals declared Bankrupt

KUALA LUMPUR, Nov 13 (Bernama) - Ten companies and six individuals were declared bankrupt after failing to settle RM7 million in arrears to the Inland Revenue Board (IRB).
Date: 13 November 2017; Type: Legal News; Source: Bernama

TPP Talk not collapsing - PM Najib

DA NANG (Vietnam), Nov 11 (Bernama) - The Trans-Pacific Partnership (TPP) agreement among the remaining 11 countries is not collapsing despite a few hitches faced by the multilateral pact to reach a consensus here, said Datuk Seri Najib Tun Razak.
Date: 11 November 2017; Type: Legal News; Source: Bernama

HG Metal Manufacturing Ltd v Gayathri Steels Pte Ltd and Others

Credit and security - Guarantees and indemnities - Guarantor; Sale of goods - Breach of contract
Date: 09 November 2017; Court: High Court; Citation: [2017] SGHC 284; Source: Singapore Law Watch

Talks on FTA between Asean and 6 Partners at Critical Stage Now

The ministers will review the progress of negotiations on the Regional Comprehensive Economic Partnership (RCEP) on the sidelines of the Asean Summit in Manila, said the Senior Minister of State for Trade and Industry.
Date: 08 November 2017; Type: Legal News; Source: Singapore Law Watch

Groups shaping Stronger Consumer Protection Bill

Consumer organisations were preparing to present a report aimed at enhancing a draft bill for the protection of consumers against unscrupulous traders selling substandard goods and services.
Date: 07 November 2017; Type: Legal News; Source: Myanmar Times

Beer Gardens warned not to violate Law

BANGKOK, Nov 6 (NNT) - The Department of Disease Control (DDC) announced that beer gardens, or outdoor venues where drinks are sold and people socialize, can be held but they must be in line with the law. can beer-garden activities must be consistent with the law, which prohibits any activity that promotes beer consumption or reveals product qualit ...
Date: 06 November 2017; Type: Legal News; Source: National News Bureau of Thailand

Co-operative Societies (Amendment) Bill

The Bill seeks to amend the Co-operative Societies Act.
Date: 06 November 2017; Type: Federal Bill; Citation: Bill No. 50/2017; Source: Parliament of Singapore

DOTr terminates BURI Maintenance Contract with MRT

MANILA, Nov 6 (PNA) - The Department of Transportation (DOTr) issued on Monday a final decision to terminate its contract with Busan Universal Rail Inc. (BURI) for the maintenance of the Metro Rail Transit Line 3 (MRT-3) system.
Date: 06 November 2017; Type: Legal News; Source: Philippine News Agency

Government to revoke Permits of Companies not complying with Plastic Wastes Importation

PUTRAJAYA, Nov 18 (Bernama) - The government will immediately cancel the approved permits (AP) of companies which failed to comply with regulations on the importation of plastic wastes said Urban Wellbeing, Housing and L ...

Pengarah Syarikat Didakwa Buat Pernyataan Palsu Ministry submits Proposed Amendments to Cooperative Societies Act to AGC IRB: 10 Companies, Six Individuals declared Bankrupt more

Groups shaping Stronger Consumer Protection Bill

Consumer organisations were preparing to present a report aimed at enhancing a draft bill for the protection of consumers against unscrupulous traders selling substandard goods and services.

Draft Foreigner Laws reincarnated as DICA Announcement Government eyes Tougher Consumer Protection Law Gemstones Bill needs More Changes: Panel more

Sandiganbayan upholds Estrada Bail

MANILA, Nov 16 (PNA) - The Sandiganbayan has upheld its resolution granting bail for the temporary liberty of former Senator Jose “Jinggoy” Estrada for his plunder case in connection with his alleged involvem ...

DOTr terminates BURI Maintenance Contract with MRT Executive Order approving the Acquisition of Philippine Postal Savings Bank by the Land Bank of the Philippines Pilipinas Makro Inc v Coco Charcoal Philippines Inc and Another more

Singapore prohibits all Commercial Trades with North Korea

SINGAPORE, Nov 16 (Bernama) - Singapore has prohibited all commercially traded goods, including exchanged for money or barter traded from North Korea, whether they are imported, exported, transshipped or brought in trans ...

Housewife staves off Bankruptcy over Husband's $16m Debt HG Metal Manufacturing Ltd v Gayathri Steels Pte Ltd and Others Talks on FTA between Asean and 6 Partners at Critical Stage Now more

Beer Gardens warned not to violate Law

BANGKOK, Nov 6 (NNT) - The Department of Disease Control (DDC) announced that beer gardens, or outdoor venues where drinks are sold and people socialize, can be held but they must be in line with the law. can beer-garden ...

Thai Cooperatives proposes New Cooperatives Act to NLA Government pushes for Revisions to Civil and Commerce Code on Startup Ministry of Commerce postpones Enforcement Date of New Regulation on Dual-Use Technology more

Industry Updates

New OFB Bank to cover all Overseas Filipinos

Finance Secretary Carlos Dominguez III has welcomed Malacanang’s approval of the acquisition by the Land Bank of the Philippines of the Philippine Postal Savings Bank (PPSB), which, he said, will pave the way for a financial institution that will cater not only to the country’s migrant workers, but to other overseas-based Filipinos as well.

More Updates Read More

Industry Updates

Singapore's Fintech Dive now delves for Proof beyond Concept

The partnership between Singapore and Hong Kong to build a blockchain-powered trade network may set the standard for other jurisdictions to follow in financial technology.

More Updates Read More

Industry Updates

Juvenile Council helps Child Offenders through Art

MANILA, Nov 20 (PNA) - The Juvenile Justice Welfare Council (JJWC) kicked off its 6th JJWC Week on Sunday through an on-the-spot poster painting contest emphasizing the importance of promoting restorative justice and giving youth offenders who have gone astray a "second chance" to correct their mistakes.

More Updates Read More

Industry Updates

Far-reaching Bill for Cyber Security 'Not uncommon'

The far-reaching Bill to beef up cyber security is justifiable in the light of the potential damage from state-sponsored cyber espionage, says experts.  

More Updates Read More

Industry Updates

Self-Regulation, Digital Literacy, Best Ways to counter Fake News

MANILA, Nov 18 (PNA) - Self-regulation and digital literacy are the best antidotes to fake news, according to advocates of freedom of expression in Southeast Asia.

More Updates Read More

Industry Updates

Sereno Camp insists on CJ's Right to Counsel

MANILA  Nov 17 (PNA) - The camp of Chief Justice Maria Lourdes Sereno on Friday insisted anew that she has the right to have counsel and to cross-examine the witness during the impeachment proceedings against her before the Congress.

More Updates Read More

Industry Updates

President Jokowi urges Novanto to follow Legal Process

Jakarta Nov 18 (ANTARA News) - President Joko Widodo (Jokowi) has called on House Speaker Setya Novanto to be willing to follow every legal process initiated by the Corruption Eradication Commission (KPK).

More Updates Read More

Industry Updates

IPOPHL MOU on Intellectual Property with the Russian Federation

President Rodrigo Roa Duterte and Prime Minister Dmitry Medvedev of Russia witnessed the signing of the Memorandum of Understanding (MOU) between the Intellectual Property Office of the Philippines (IPOPHL) and the Federal Service for Intellectual Property of the Russian Federation (Rospatent). The MOU was signed by IPOPHL Director General Josephine R. Santiago and Rospatent Head Grigory P. Ivlev. The MOU serves as the bilateral framework to improve the administration and effectiveness of the intellectual property systems in the Philippines and the Russian Federation. The signing ceremony was held on 13 November 2017 at the Coconut Palace.

More Updates Read More

Industry Updates

Supply of Lift Spare Parts for Maintenance of Lifts in HDB Estates: CCS consults on Proposed Voluntary Commitments by Suppliers

The Competition Commission of Singapore (“CCS”) is conducting a public consultation from 15 to 28 November 2017 and invites interested parties to provide feedback on two proposed commitments separately provided by (i) BNF Engineering (S) Pte Ltd (“BNF”) in relation to the supply of spare parts for BNF brand of lifts, and (ii) C&W Services Operations Pte Ltd (“CWO”) in relation to the supply of spare parts for Ulift brand of lifts.

More Updates Read More

Industry Updates

Monetary Authority of Singapore and the Polish Financial Supervision Authority expands Co-operation in FinTech

Singapore, Nov 15 - The Monetary Authority of Singapore (MAS) and the Polish Financial Supervision Authority (KNF) signed a FinTech Co-operation Agreement which lays out a framework for co-operation and referrals between the two regulators.

More Updates Read More

Industry Updates

Singapore and Hong Kong launch a Joint Project on Cross-Border Trade and Trade Finance Platform

Singapore, Nov 15 - The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) exchanged a Memorandum of Understanding (MoU) in Singapore today to jointly develop the Global Trade Connectivity Network (GTCN), a cross-border infrastructure based on distributed ledger technology (DLT), to digitalise trade and trade finance between the two cities and potentially with an aim to expanding the network in the region and globally.

More Updates Read More

Industry Updates

Managing Director of BAC Raja Singham appointed as Pioneer Mentor at the Launch of the ASEAN Mentorship for Entrepreneurs Network

Manila, Philippines, Nov 13 - Managing Director of Brickfields Asia College (BAC) Raja Singham was appointed as a Pioneer Mentor of the ASEAN Mentorship for Entrepreneurs Network (AMEN), which was launched at the ASEAN Business and Investment Summit 2017 (ABIS 2017) on Sunday, 12 November. Touted as the largest mentoring programme in the region, AMEN is the flagship programme of the ASEAN Business Advisory Council (ABAC) and is designed to facilitate the scaling up of micro-, small and medium enterprises (MSMEs) in the ASEAN region through mentorship. Successful entrepreneurs, business practitioners and academicians from across the 10 ASEAN member states made up the 143 pioneer mentors present at the launch.

More Updates Read More