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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Reading Time: 5 minutesWhat are some of the concerns you might have when it comes to cross border divorce? In a final part of the two part series, the practical concerns regarding where to divorce if you or your spouse is a foreigner are addressed. What If My Spouse and I Do Not Agree on the Place to […]
Reading Time: 4 minutesCan you get divorced in Singapore as a foreigner? What are the implications and the practical considerations you will need to consider? All these concerns and more will be addressed. In 2015, it was reported that 1 in 3 marriages in Singapore (or 36%) is between a Singaporean and a foreigner. In absolute numbers in […]
Reading Time: 4 minutesIn a recent matrimonial case XS對LB [2018] CHKEC 639, the Court dismissed the Husband’s application for joint custody of the son. The Court was of the view that granting the custody, care and control of the son to the Wife would be in the best interest of the son on grounds that the two parents had poor […]
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 […]
Reading Time: 2 minutesOn 10 October 2018, the Thai government announced the cessation of the International Headquarters (“IHQs”) program (which also included Regional Operating Headquarters or “ROHs” and International Trading Centers or “ITCs”) and the creation of a replacement initiative; International Business Centers (“IBCs”). The move is part the OECD Inclusive Framework for Base Erosion and Profit Shifting (“BEPS“). […]
