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Trek 2000 chairman, others involved in potential breaches of Singapore laws: forensic accountants

SINGAPORE – Forensic accountants from RSM Corporate Advisory have found potential breaches of various Singapore laws at Trek 2000 International and the involvement of current and former senior company officers, including current chairman and chief executive Henn Tan. Among other things, RSM raised issues involving possible round-tripping transactions, fabrication and alteration of transaction documents, as […]

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Cambodia: Discussion on petroleum law resumes

With the first drop of crude oil from the Apsara oilfield expected by next year, officials gathered on Thursday to discuss the much-awaited law on petroleum. Representatives of the Ministry of Mines and Energy, the Ministry of the Environment and the Ministry of Justice were in attendance during the meeting to discuss a piece of […]

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Laos: Govt approves minimum wage increase

The government has approved a minimum wage increase from the present 900,000 kip to 1.1 million kip a month, according to the Prime Minister’s Office. The pay rise is expected to take place from May 1 this year when Laos celebrates International Labour Day and should bring pride and pleasure to all Lao workers. The […]

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Thailand: Lazada, Shopee turn to celebrity ploys

Lazada and Shopee are trying to attract millennial consumers, with the former hiring Bella Ranee as brand ambassador while Shopee introduces a series of celebrities on its platform.  “Local e-commerce competition will become more intense, so Lazada plans to continue to improve our services and reduce e-commerce roadblocks in Thailand — payment and logistics,” said Thanida […]

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