Reading Time: 2 minutesIn order to promote and facilitate the Thailand’s ease of doing business as well as to improve Thailand’s ranking in the next evaluation of the World Bank, including to boost the country’s competitiveness and to increase the opportunity of Thailand to become an effective investment hub in Southeast Asia, the Ministry of Commerce has recently […]
Cambodia Tax Update: Transfer Pricing – Interest Rates for Related Parties
Reading Time: 4 minutesInstruction 11946 issued by the General Department of Taxation (“GDT”) on the 21st of August 2018 (“Instruction 11946”) provides an important clarification regarding the determination of interest rates between related parties. Since the introduction of Circular 151 in early 2014 Cambodian taxpayers were historically able to receive and extend interest free loans to domestic as […]
Data Privacy: Obligations under the GDPR and ensuring compliance (Part 2 of 2)
Reading Time: 9 minutesWhat are the obligations under the GPDR? A company is required to comply with several conditions in order to lawfully process personal data pursuant to the GDPR provisions. The processing should be lawful and transparent, for a specified purpose, limited to the relevant data necessary in relation to this purpose, and appropriately secured. At a […]
Driverless Vehicles and The Blame Game: A Legal Conundrum
Reading Time: 5 minutesDriverless vehicles: A rising global trend Have you ever sat in a driverless vehicle? Of late, the march of the introduction of the autonomous or driverless vehicles has been relentless and unabated around the world. In line with the global move away from the polluting internal combustion engine to the environment friendly emission free electric-powered […]
Data Privacy: What is the GDPR and who does it apply to? (Part 1 of 2)
Reading Time: 5 minutesIntroduction Less than 20 years ago, three quarters of all stored information was in non-digital form: names were itemized on municipal registers, identification numbers were held in national healthcare systems, and passport numbers were recorded on immigration forms. Today, more than 98% of the world’s stored information is in digitized form: our collective ‘data’ now […]
Singapore Trade Marks-Starbucks Corporation v Morinaga Nyugyo Kabushiki Kaisha 2017 SGIPOS 18
Reading Time: 13 minutesIn a decision rendered by the Intellectual Property Office of Singapore (IPOS), IPOS held that Starbucks’ opposition against Morinaga Milk Industry Co., Ltd’s trade mark application failed on all grounds. (A) Who are the parties involved in this case? (1) Morinaga Nyugyo Kabushiki Kaisha (Morinaga Milk Industry Co., Ltd.) (Applicant) Japanese manufacturer of dairy products […]
New era for companies from emerging and innovative sectors (HK)
Reading Time: 12 minutesIntroduction Back in February 2018, The Stock Exchange of Hong Kong Limited (the “Exchange”) issued a consultation paper titled “A Listing Regime for Companies from Emerging and Innovative Sectors” (the “Consultation Paper”) to set out proposals to expand the existing listing regime to facilitate the listing of companies from emerging and innovative sectors, subject to […]
An update on the regulatory regime of OTC derivatives markets in Hong Kong
Reading Time: 6 minutesIntroduction The Securities and Futures Commission (“SFC”) introduced 2 new regulated activities, namely type 11 regulated activities (“Type 11 RA”) and type 12 regulated activities (“Type 12 RA”), and collectively referred as the “new RAs”, to regulate persons who serve as dealers, advisers or clearing agents etc. in the OTC derivatives market. For definition of […]
Guide to Data Privacy: Considerations for Companies (Part 2 of 2)
Reading Time: 8 minutesIn this two part series, Lawyer Yeong WanHsi discusses the various data protection regimes which have been implemented across the globe, the types of protection that they provide and the legal considerations which companies should bear in mind. In the second part of this series, WanHsi elaborates on the various data privacy policies and data […]
Consultation Conclusions of New Board Concept Paper (HK)
Reading Time: 6 minutesThe Background As addressed in our previous newsletters, the Hong Kong Stock Exchange (the “HKEx”) has published a New Board Concept Paper (the “Concept Paper”) in response to the recent demands that the local stock market shall be refined in light of the rise of the innovative companies. In the Concept Paper, the HKEx has […]
Guide to Data Privacy: Primer (Part 1 of 2)
Reading Time: 5 minutesIn this two part series, Lawyer Yeong WanHsi discusses the various data protection regimes which have been implemented across the globe, the types of protection that they provide and the legal considerations which companies should bear in mind. In the first part of this series, she compares the European Union’s GDPR with Singapore’s PDPA and […]
Singapore Patents- Court of Appeals Disallows Amendments to Granted Claims in Warner-Lambert Company LLC v Novartis (Singapore) Pte Ltd
Reading Time: 10 minutesIn a decision rendered by Singapore’s Court of Appeal on 1 August 2017, the Court of Appeal dismissed an appeal to make various amendments to patent claims, reasoning that the granted claims were obviously invalid to begin with and that there was undue delay by the plaintiff in seeking amendments. (A) Who are the parties […]