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Brunei: MoU signed to allow collection of credit info

AUTORITI Monetari Brunei Darussalam (AMBD) recently signed a Memorandum of Understanding (MoU) for the collection of credit information from companies under DST – Integrated Communications Sdn Bhd, DST Technical Services Sdn Bhd, Kristal Astro Sdn Bhd, and Kristal Media Sdn Bhd. Signing on behalf of AMBD was its Acting Deputy Managing Director (Regulatory and Supervision) Hajah […]

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Employment issues for Thai companies doing business in Laos: Resolving labour disputes

Lao P.D.R. has long been a high-potential destination for companies from Thailand–the second largest foreign investor in Laos behind China. In the past, companies sometimes faced issues over the uncertain legal framework for resolving labour disputes in Laos.  Therefore, the Lao government recently issued the Decree on Labour Dispute Resolution No. 76/GOL (the “Decree”), which precisely […]

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Vietnam c.bank to ease regulations on establishment of banks

The Hanoitimes – The focus is on amending and removing a regulation on setting conditions for granting permits for the establishment and operation of joint stock commercial banks. The State Bank of Vietnam (SBV), the country’s central bank, has disclosed a draft circular simplifying administrative procedures and business conditions in the banking system at the government’s […]

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Myanmar: Game changer

Myanmar’s new Companies Law has come into force amid widespread acclaim. It will eliminate layers of bureaucracy and streamline the company registration process, which will also offer greater investment opportunities for foreign businesses.  Foreign investors will also be permitted to trade on the fledgling Yangon Stock Exchange (YSX), but officials have cautioned that this could take […]

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