Vietnam Legal Update: Changes To Wind and Solar Power Feed-in-Tariff Deadlines

Reading Time: 2 minutesOn 10 September 2018, the Prime Minister issued Decision No. 39/2018/QD-TTg (“Decision 39”), amending Decision No. 37/2011/QD-TTg of the Prime Minister dated 29 June 2011 on mechanisms to support the development of wind power projects in Vietnam. Under Decision 39, the wind FIT (excluding VAT) will be VND 1,928 per kWh (equivalent to US cents […]

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Cambodia Legal Alert: Provision of Seniority Payments & Wage Payments

Reading Time: 5 minutesPROVISION OF SENIORITY PAYMENTS, Prakas 443 of the Ministry of Labour and Vocational Training (“MLVT”) dated 21 September 2018. After the amendments to the Labour Law (including the introduction of seniority payments), which came into effect on 26 June 2018 (as discussed here) the MLVT issued Prakas 443 on Seniority Payments (“Prakas 443”) on 21 September […]

The Remuneration of Liquidators in Australia

Reading Time: 5 minutesIt is of little surprise that judicial consideration of the remuneration of liquidators remains a topic close to the hearts of all those in the insolvency industry, particularly at a time when the market is more competitive than ever. That the remuneration as well as costs and expenses must be “reasonable” is well established but […]

ASEAN Employment Legal Update 2018 Q.3

Reading Time: 10 minutesThis legal update is to advise you on important legislative developments and employment issues in the region. Cambodia EMPLOYMENT SECTOR Law on Amendments of Article 87(C), Articles 89, 90, 91, 94, 110,120 and 122 of the Cambodian Labor Law dated 13 March 1997, dated 26 June 2018 (“Amendment Law”) The Amendment Law has introduced significant […]

Myanmar Legal Alert: Own a Condo in Myanmar

Reading Time: 4 minutesOn 14 September 2018, the Ministry of Construction (“MOC”) issued Notification 227/2018 (the “Notification”) “Appointing Registrar and Opening Registration Office relating to Condominiums” as part of the implementation of the Condominium Law 2016 (“Condo Law”) and Condominium Rules Notification 267/2017 (“Condo Rules”). This welcome development establishes the long awaited condominium registration offices allowing developers to […]

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Cambodia Tax Update: SME Tax Incentives Announced

Reading Time: 2 minutesSub-Decree No. 124 R.N.Cr.BK (“SD 124”) that came into effect on the 2nd of October 2018 has introduced important tax incentives for qualifying Small and Medium Enterprises (“SME’s”) operating in defined priority sectors in Cambodia. We have summarized the key points addressed by SD 124 below: SD 124 applies to Small and Medium Enterprises which […]

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Guidance Letter from the Hong Kong Stock Exchange for listing applicants in the internet technology sector in Hong Kong

Reading Time: 6 minutesBackground The Stock Exchange of Hong Kong Limited (the “Exchange”) published a Guidance Letter HKEX-GL97-18 (the “Guidance Letter”) on 6 July 2018 for listing applicants in the internet technology sector or that have internet-based business models (the “IT Sector”), setting out the Exchange’s approach towards such companies to facilitate their listing within the existing regulatory […]

Myanmar Tax Pocket Guide 2018

Reading Time: 2 minutesDFDL Myanmar is pleased to announce the publication of the 2018 edition of the Myanmar Tax Pocket Guide. Written by DFDL’s tax experts, this comprehensive guide offers a clear and detailed insight on taxation laws and practices in Myanmar. While tax law can be notoriously difficult to decipher in emerging markets, DFDL offers a simplified […]

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Would employer be liable when the employee who sustained injury is prohibited from being employed in Hong Kong?

Reading Time: 3 minutesIntroduction In a recent judgement of Tahir Kashif v Safdar Nasar Mahmud [2018] HKDC 600 (the “Tahir Case”), the applicant for employees’ compensation is an asylum seeker from Pakistan. Under the laws of Hong Kong, he is prohibited from engaging in any employment. The Court needs to consider whether (and if so, how) to exercise its power […]