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Cabinet approves Tax Incentives for Research Investment by MNCs

BANGKOK, June 20 (NNT) - The Cabinet has approved tax incentives for multi-national corporations’ investment in research and development to promote innovations and technology in Thailand. The spokesman of the Prime Minister’s Office, Lt. Gen. Sansern Kaewkumnerd said on Tuesday that the weekly Cabinet meeting approved in principle the draft royal decree on the reduction and waiver of taxes to promote investment by multi-national corporations in Thailand.

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NEDA seeks solution to LGU Land Conflict, passage of Land Use Law

Date: 20 June 2018; Type: Legal News; Source: Philippine News Agency
MANILA, June 20 (PNA) - The NEDA Board’s National Land Use Committee (NB-NLUC) pushed for the immediate resolution of boundary conflicts among Local Government Units (LGUs) and reiterated its call for the passage of the proposed National Land Use Act (NaLUA).

Government removes 2 per cent of withholding Tax on Domestic Payments

Date: 20 June 2018; Type: Legal News; Source: Myanmar Times
The Ministry of Planning and Finance yesterday released its latest notification (47/2018) on withholding tax, which replaces notification (51/2017) released May 22, 2017.

Amended Law offers No Exception to VAT Charge

Date: 20 June 2018; Type: Legal News; Source: Vientiane Times
All enterprises that have been registered and have obtained a tax ID will have to comply with the Value Added Tax Law. Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, yesterday presented a draft of the amended Law on Value Added Tax to the National Assembly to consider and approve.
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PM Prayut: Death Penalty is Legitimate and most People agree

Date: 20 June 2018; Type: Legal News; Source: National News Bureau of Thailand
BANGKOK, June 20 (NNT) - The Prime Minister, Gen. Prayut Chan-o-cha, has voiced support for the execution of convicted murderers.

Exporters permitted to register for Customs Relief under GSP

Date: 19 June 2018; Type: Legal News; Source: Myanmar Times
Traders engaged in the export of goods to the European Union, Norway, Switzerland and Turkey will be able to apply for customs relief under the Generalised System of Preferences (GSP) at the Ministry of Commerce (MOC).

Romblon Rural Bank Ex-Chair convicted for faking Deposits

Date: 19 June 2018; Type: Legal News; Source: Philippine News Agency
MANILA, June 19 (PNA) - Angeles R. Robis, former Chairman of the Board of Directors and President of the closed Rural Bank of Cajidiocan (Romblon), Inc. (RBCI), was found guilty beyond reasonable doubt on three counts of Violation of Section 26 of Republic Act No. 7353 (The Rural Banks Act of 1992) in a decision dated April 19, 2018 promulgated in ...

Tax Measures approved to promote setting up of International Firms' Headquarters in Thailand

Date: 19 June 2018; Type: Legal News; Source: National News Bureau of Thailand
BANGKOK, June 19 (NNT) - The cabinet approved a draft decree on tax discounts and waivers to promote the establishment of international companies' headquarters in Thailand, said Government Spokesman Lt Gen Sansern Kaewkamnerd.

BSP gets more Muscle

Date: 20 June 2018; Type: Legal News; Source: House of Representatives
The House of Representatives has approved on second reading House Bill 7742, which seeks to give more muscle to the Bangko Sentral ng Pilipinas.

Court orders Freeze on $1m of Assets in Dispute over Wills

Date: 20 June 2018; Type: Legal News; Source: Singapore Law Watch
The High Court has ordered a temporary freeze on $1 million of assets belonging to a businessman whose former close friend had sued him for the return of monies transferred to him.

Court gives Hyflux Six-Month Break from Creditors; Company in search of S$200m Rescue Financing

Date: 20 June 2018; Type: Legal News; Source: Singapore Law Watch
The High Court has granted struggling water project developer Hyflux a six-month reprieve from creditors so that they can workout a survival plan and reorganise its debt.

Government considers banning e-Waste Import

Date: 20 June 2018; Type: Legal News; Source: National News Bureau of Thailand
BANGKOK, June 20 (NNT) - The national reform steering commission approved a ban on import of electronic waste for which an ad hoc committee was set up.

Former Foreign Minister sentenced to Two Years behind Bars

Date: 20 June 2018; Type: Legal News; Source: National News Bureau of Thailand
BANGKOK, June 20 (NNT) - A former foreign minister has been sentenced to serve two years in prison for aiding a fugitive to legally stay abroad.

Duterte wants Warning Labels on Sugary Drinks

Date: 20 June 2018; Type: Legal News; Source: Philippine News Agency
MANILA, June 20 (PNA) - Filipinos who are fond of drinking powdered juice might want to think twice the next time they purchase this sugar-sweetened beverage in the groceries.

MPs, Officials welcome Ban on attending Commercial Events

Date: 20 June 2018; Type: Legal News; Source: Myanmar Times
Members of parliament and government officials on Tuesday welcomed the directive of the President’s Office prohibiting government officials from attending commercial events hosted by businessmen who are not cooperating with the government.

Najib, Ab Rauf withdraw Suit against MKini

Date: 20 June 2018; Type: Legal News; Source: Bernama
KUALA LUMPUR, June 20 (Bernama) - Former prime minister Datuk Seri Najib Tun Razak and UMNO executive secretary Datuk Ab Rauf Yusoh today applied to withdraw their suit against Mkini Dotcom Sdn Bhd, Malaysiakini editor-in-chief Steven Gan and former chief editor Fathi Aris Omar over a series of readers' posts published on the website four years ago ...

Former MAIDAM Asst Engineer jailed, fined for Corruption

Date: 20 June 2018; Type: Legal News; Source: Bernama
KUALA TERENGGANU, June 20 (Bernama) - A former assistant engineer with the Terengganu Islamic Religious and Malay Customs Council (MAIDAM), Syed Ahmad Izzuddin Syed Abdullah, was sentenced to a month's jail and fine RM32,000 by the Sessions Court here today for submitting false claim.

Former Forestry Director jailed 36 Months, fined for Corruption

Date: 20 June 2018; Type: Legal News; Source: Bernama
KUALA TERENGGANU, June 20 (Bernama) - The Sessions Court today imposed a jail sentence totalling 36 months and a total fine of RM30,000 on Datuk Azmi Nordin, a former director of the Terengganu Department of Forestry, after finding him guilty on three counts of corruption in 2013.

Man fined $5,000 for Illegal Import of White-Rumped Shama

Date: 13 June 2018; Type: Legal News; Source: Agri-Food & Veterinary Authority
Singapore, June 13 (AVA) - 23-year-old Lim Ke Yi was fined $5,000 by the court today for illegally importing a White-Rumped Shama into Singapore.
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Romblon Rural Bank Ex-Chair convicted for faking Deposits

MANILA, June 19 (PNA) - Angeles R. Robis, former Chairman of the Board of Directors and President of the closed Rural Bank of Cajidiocan (Romblon), Inc. (RBCI), was found guilty beyond reasonable doubt on three counts of ...

BSP gets more Muscle Former Chairman and President of Rural Bank of Cajidiocan (Romblon) Inc convicted in Criminal Cases filed by the Bangko Sentral ng Pilipinas Banks advised to Consider All Incomes of Housing Loan Applicants more

SC sets Guidelines on Same-Sex Marriage Oral Arguments

MANILA, June 15 (PNA) - The Supreme Court has issued guidelines on the oral arguments on June 19 regarding the petition challenging the validity of provisions of the Family Code limiting marriage to heterosexual couples. ...

ConCom to finish Draft Federal Constitution this Weekend Internet Access as Constitutional Right to be proposed to Cabinet soon Mkini fails to challenge Anti-Fake News Act 2018 more

Exporters permitted to register for Customs Relief under GSP

Traders engaged in the export of goods to the European Union, Norway, Switzerland and Turkey will be able to apply for customs relief under the Generalised System of Preferences (GSP) at the Ministry of Commerce (MOC).

Ong Siew Hwa v UMW Toyota Motor Sdn Bhd Interpretation (Delegation of Powers - Ministry of Trade and Industry) (Economic Expansion Incentives) Notification 2018 Selvanathan A/L Thiruvengadam and Another v John Varistus Totu @ John Francis Totu and Another more

SGX mulls New Rule to protect Minority Shareholders in Delistings

The proposed listing rules by the Singapore Exchange Regulation could curtail the role of controlling shareholders in a voluntary delisting, giving more protection to minority shareholders against whom the ...

Listing Interest lackluster despite upcoming Law Limited Liability Partnerships (Amendment) Regulations 2018 Limited Partnerships (Amendment) Regulations 2018 more

Illegal Foreign Workers face Deportation, Thailand warns

Thailand’s Ministry of Labour warned foreign workers to finish the legalisation process before the deadline on June 30, or “aliens who fail that process will be deported and banned from holding a work permit ...

PM presses Foreign Laborers to complete Registry Process by Deadline Tee Soon Hin v Perbadanan Pengurusan Pantai Panorama Condominum Danny Tan Wei Keong v Hanjin Shipping Line (M) Sdn Bhd more

Drink Firm fails to block Tencent's Trademark

Energy drink manufacturer Monster Energy Company (MEC) failed in its bid to stop China's heavyweight Tencent Holdings from registering its Monster Castle trademark in Singapore.

Duterte committed to enforce Data Privacy Act: Bong Go Merck KGaA v Leno Marketing (M) Sdn Bhd Privacy Commission backs Creation of National ID System more

Lim Thian Huat and Another v MBF Holdings Berhad and Another, and 7 Other Appeals

Litigation & court procedure – Whether the defendants could in law apply for and be granted an order under Order 33 rule 2 of the Rules of Court 2012 having previously failed in their application for an orde ...

Rules of Court (Amendment) (No. 2) 2018 Court refuses to drop Charges against Arakan Politician Best Re (L) Limited v China Pacific Property Insurance Co Ltd more

NEDA seeks solution to LGU Land Conflict, passage of Land Use Law

MANILA, June 20 (PNA) - The NEDA Board’s National Land Use Committee (NB-NLUC) pushed for the immediate resolution of boundary conflicts among Local Government Units (LGUs) and reiterated its call for the passage o ...

Valuation and Property Services (Amendment) (No. 3) Rules 2018 Valuation and Property Services (Amendment) Rules 2018 Valuation and Property Services (Amendment) (No. 2) Rules 2018 more

Tax Measures approved to promote setting up of International Firms' Headquarters in Thailand

BANGKOK, June 19 (NNT) - The cabinet approved a draft decree on tax discounts and waivers to promote the establishment of international companies' headquarters in Thailand, said Government Spokesman Lt Gen Sansern Kaewka ...

Cabinet approves Tax Incentives for Research Investment by MNCs Government removes 2 per cent of withholding Tax on Domestic Payments Amended Law offers No Exception to VAT Charge more

Indonesia, Finland organize High-Level Advisory Board on Mediation

Yogyakarta, June 19 (ANTARA News) - The governments of Indonesia and Finland organized the second meeting of the Secretary- General's High-Level Advisory Board on Mediation in Helsinki on Monday, the United Nations Infor ...

Europe lifts Ban on all Indonesian Airlines Indonesia supports Maritime Labour Convention Amendment No Intention imposing Tax on Foreign Capital Yield: Perry more

Amended Law offers No Exception to VAT Charge

All enterprises that have been registered and have obtained a tax ID will have to comply with the Value Added Tax Law. Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, yesterday presented a draft of ...

Laos, Vietnam vow to cement ties NA debates Draft Law on Central Bank New Law sets Public Debt at not more than 25 Per Cent of Revenue more

Special Committee to monitor Prices after Zero GST

KOTA KINABALU, June 20 (Bernama) - An activist on human rights and consumerism in Sabah today suggested the setting up of a special committee to ensure traders and wholesalers in Sabah reduce or maintain the low price of ...

Najib, Ab Rauf withdraw Suit against MKini Former MAIDAM Asst Engineer jailed, fined for Corruption Former Forestry Director jailed 36 Months, fined for Corruption more

Government under rising pressure to correctly tax Ride-Hailing Companies

Since June 13, ride hailing companies operating in Yangon have been obliged to pay income and commercial tax to the Yangon government under the law, U Myint Thaung, regional minister of Planning and Finance said in parli ...

Exporters permitted to register for Customs Relief under GSP MPs, Officials welcome Ban on attending Commercial Events Government removes 2 per cent of withholding Tax on Domestic Payments more

Romblon Rural Bank Ex-Chair convicted for faking Deposits

MANILA, June 19 (PNA) - Angeles R. Robis, former Chairman of the Board of Directors and President of the closed Rural Bank of Cajidiocan (Romblon), Inc. (RBCI), was found guilty beyond reasonable doubt on three counts of ...

On World Refugee Day, De Lima files Bill to protect Refugees and Stateless Persons BSP gets more Muscle Ex-President Aquino sued over DAP Mess more
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INDUSTRY UPDATES

Government under rising pressure to correctly tax Ride-Hailing Companies

Since June 13, ride hailing companies operating in Yangon have been obliged to pay income and commercial tax to the Yangon government under the law, U Myint Thaung, regional minister of Planning and Finance said in parliament.

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INDUSTRY UPDATES

PM Prayut: Death Penalty is Legitimate and most People agree

BANGKOK, June 20 (NNT) - The Prime Minister, Gen. Prayut Chan-o-cha, has voiced support for the execution of convicted murderers.

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INDUSTRY UPDATES

Government welcomes Opinions about Implementation of Thailand 4.0 Policy

BANGKOK, June 19 (NNT) - The government continues efforts to implement the Thailand 4.0 policy while welcoming opinions from all sides on helping to achieve its goal.

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INDUSTRY UPDATES

On World Refugee Day, De Lima files Bill to protect Refugees and Stateless Persons

In observance of World Refugee Day, Opposition Senator Leila M. de Lima today filed a measure seeking to promote and protect the rights of refugees and stateless persons in the country and prescribe a fair procedure for their status determination and eligibility.

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INDUSTRY UPDATES

MoF invites Feedback on proposed changes to the Income Tax Act

The Ministry of Finance have invited interested parties to provide feedback on the draft Income Tax (Amendment) Bill 2018 from 20 June to 11 July 2018.

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INDUSTRY UPDATES

Labor Ministry aims to find Jobs for 100,000 Unemployed Graduates

BANGKOK, June 19 (NNT) - The Labor Minister, Pol. Gen. Adul Sangsingkeo, said the Ministry of Labor aims to find jobs for about 100,000 unemployed graduates within three months.

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INDUSTRY UPDATES

Ex-President Aquino sued over DAP Mess

MANILA, June 20 (PNA) - Ombudsman Conchita Carpio Morales has indicted former President Benigno Simeon Aquino III for usurpation of legislative powers in connection with the alleged anomalous Disbursement Acceleration Program (DAP).

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INDUSTRY UPDATES

Duterte appoints CA, Sandiganbayan Associate Justices

MANILA, June 20 (PNA) - President Rodrigo R. Duterte has appointed new associate justices at the Court of Appeals (CA) and Sandiganbayan. Duterte appointed Emily Aliño-Geluz as CA Associate Justice and Georgina Dumpit Hidalgo as Sandiganbayan Associate Justice.

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INDUSTRY UPDATES

Panelo on Sereno ouster: ‘The Law may be harsh, but it is the Law’

MANILA, June 20 (PNA) - “The law may be harsh, but it is the law.” Chief Presidential Legal Counsel Salvador Panelo made this remark following the Supreme Court’s decision affirming the quo warranto petition, which ousted Ma. Lourdes Sereno as Chief Justice.

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INDUSTRY UPDATES

Carpio to decline Nominations as Next CJ

MANILA, June 20 (PNA) - Acting Chief Justice Antonio Carpio on Wednesday said he would decline all nominations for the top judiciary post, stressing that he doesn't want to benefit from the quo warranto petition which ousted Chief Justice Ma. Lourdes Sereno.

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INDUSTRY UPDATES

SC begins Oral Arguments on Same-Sex Marriage

MANILA, June 20 (PNA) - The Supreme Court (SC) on Tuesday started the oral argument on the petition filed last May 2015 challenging the validity of provisions of the Family Code limiting marriage to heterosexual couples.

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INDUSTRY UPDATES

PCC to draft List of Fair Competition Violators

MANILA, June 20 (PNA) - The Philippine Competition Commission (PCC) announced that it will soon generate a list of industries within the manufacturing sector that violate laws on fair competition.

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INDUSTRY UPDATES

Government announces New MIC Appointments, U Thaung Tun as New Chair

The Union government on Saturday officially announced changes in the ranks of the Myanmar Investment Commission (MIC).

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INDUSTRY UPDATES

Laos, Vietnam strengthen Digital Cooperation

Laos and Vietnam have agreed to cooperate in the field of digital information technology after reaching an agreement in Vientiane on Tuesday at the Lao Blockchain Forum.

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INDUSTRY UPDATES

Special Committee to monitor Prices after Zero GST

KOTA KINABALU, June 20 (Bernama) - An activist on human rights and consumerism in Sabah today suggested the setting up of a special committee to ensure traders and wholesalers in Sabah reduce or maintain the low price of their goods following the abolishment of the Goods and Services Tax (GST) last June 1.

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