Law and judiciary
New transfer pricing decree: a step closer to international standards
On February 24, 2017, the Vietnamese government released the new transfer pricing Decree No. 20/2017/ND-CP ‘Providing tax administration applicable to enterprises having controlled transactions’ (Decree 20), which will take effect from May 1, 2017. Decree 20 replaces the existing TP regulations (Circular No.66/2010/TT-BTC) and provides new ...
No surrogacy law likely until after 2018 election: official
A much-needed new surrogacy law might take more than a year to be adopted, an official at the General Secretariat of the National Committee for Counter Trafficking said on March 2 on the sidelines of a stakeholder conference. A senior official, who spoke on condition of ...
Commerce OK with using Article 44 to speed up patent approvals
The Commerce Ministry supports use of the military-led regime’s sweeping powers under Article 44 of the interim charter to streamline patent applications, partly by taking into consideration the judgement of foreign authorities to approve similar patents. Commerce Minister Apiradi Tantraporn said more than 36,000 patent ...
Tax exemption on interest income questioned
The Ministry of Planning and Finance has issued a statement on February 19 that income tax will not be levied on interest from bank savings and deposits. The statement means that tax on interest from bank deposits will be exempted in the coming 2017-18 fiscal ...
No plans to suspend Criminal Act 144 in Minbu oil refineries
The imposition of Criminal Act 144 in Minbu district, Minbu township Mann oil refinery and oil refineries from Tauksharpin-Kanniyay, Magwe Region will not be suspended pending the enactment of other laws to safeguard the areas, said Deputy Minister for Home Affairs Major General Aung Soe. ...
Failures at assembly pile up
National Assembly effectiveness declined last year with prosecutions of opposition lawmakers, partisan passing of laws and many assembly members visiting constituents only to shore up their vote, an election watchdog claimed on February 21. A Committee for Free and Fair Elections in Cambodia report on ...
Nurses, midwives urged to adhere to ethics and council laws
The Myanmar Nurse and Midwife Council has urged all nurses and midwives to adhere to ethics and council laws to improve the level of professionalism in the industry. MNMC President Daw Phyu Phyu said the council will be distributing three books – the MNMC Law, ...
Illegal fishing blamed for protected turtle death
An adult female royal turtle, among 21 of the endangered species released into the wild with installed microchips and GPS transmitters in 2015, has been found dead due to illegal electrofishing in Koh Kong province’s Sre Ambel district. According to the Wildlife Conservation Society on February ...
Union leaders to discuss union law with minister
Labor Minister Ith Samheng agreed to have talks with three union leaders who requested a meeting to discuss amending the Trade Union Law, however he said the law would not change and would still be implemented as it stands. Mr. Samheng told Khmer Times after an ...
Xayaboury banana farms ordered to cease operations
Five companies with banana plantations in Xayaboury province have been ordered to stop growing the fruit, but can still plant other replacement crops in compliance with regulations. Four of the companies affected are Chinese backed with banana farms located around the villages of Phonthong, Namtuan, ...
