A foreign insurance and risk management firm has been accused of allegedly operating without a license in the Philippines but regulators say they cannot act until complainants present sufficient evidence to warrant a formal case. Lawyer Jose Antonio Bernas, who represents Prudential Guarantee and Assurance, Inc., has asked the Insurance Commission to investigate Marsh UK […]
Read MoreTEMPO.CO, Jakarta – Transportation Minister Budi Karya Sumadi held bilateral meetings with delegates of four countries: South Korea, Singapore, Hungary, and China, as well as the European Union (EU) to discuss infrastructure projects in Indonesia. The meetings were held on sidelines of The 4th Asia Europe Meeting Transport Minister Meeting (ASEM TMM) in Denpasar, Bali, on September 26-28. “I […]
Read MoreTWO taskforces have been formed to review Dawei SEZ’s development: one will focus on problems encountered with the developer for the initial phase, the other on upgrading an existing two-lane road connecting Htee Khee to an ASEAN-standard highway. The initial meeting between the two taskforces – held in Nay Pyi Taw from September 20 to […]
Read MoreTHE head of Brunei’s arbitration association called for a panel of ASEAN and Chinese arbitrators to be established in order to create a dispute-resolution system which covers private companies involved in projects related to the Belt and Road Initiative (BRI). Contract disputes are inevitably a risk in large-scale infrastructure projects between jurisdictions which are at different stages […]
Read MoreThailand is in the process of amending the e-transactions law to mandate gigantic internet advertising firms such as Google, YouTube, Facebook, and Line create a legal entity. The move aims to tackle government revenue loss for online advertising, which is estimated to be more than 5 billion baht per year. “Amendment of the e-transaction law […]
Read MoreHANOI — The Customs Supervision and Management Department under the General Department of Vietnam Customs (GDC) signed a co-operation agreement with the Vietnam Logistics Association (VLA) on Tuesday. Under the agreement, action plans will be launched to improve the national logistics sector’s competitiveness. Customs authorities will work closely with VLA to boost the development of logistics […]
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Thailand
