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Asian Legal Review

We understand Legal Issues in Asia

Month: May 2023

Posted on May 31, 2023

Consultation launched to set global standards for crypto regulation

A more consistent regulatory framework for cryptoassets could be created if international regulators adopt policy recommendations being made by a global standard setter for securities markets.

Posted on May 31, 2023

As Imran Khan’s star wanes, is Pakistan’s military pushing Bilawal Bhutto Zardari for prime minister?

Bhutto Zardari, 34, ‘wouldn’t have shot up to the very senior post of foreign minister without the military’s blessing’, one analyst notes.

Posted on May 31, 2023

Thailand seizes passport of Chinese journalist who used police connections to get bribes

Thai police, who hired the journalist as a coordinator due to her fluency in Chinese and overseas connections, will pursue legal action against her for using deputy police chief Surachate Hakparn’s name to solicit bribes.

Posted on May 30, 2023

Bangladesh inequality on the rise thanks to climate change, Covid, inflation: UN expert

The UN special rapporteur on extreme poverty and human rights said Bangladesh has millions of ‘new poor’, hovering just above poverty line and at high risk of falling below it.

Posted on May 29, 2023

Boon for Singapore as Indonesia scraps 20-year ban on sea sand exports

Before the ban, Indonesia was Singapore’s major supplier of sea sand for land expansion, shipping more than 53 million tonnes on average per year between 1997 and 2002.

Posted on May 29, 2023

Why are China, US – and other major powers – stepping up military drills with Southeast Asia?

Experts say China is trying to position itself as an alternative security partner to the US, as it steps up ‘military diplomacy’ joint exercises.

Posted on May 29, 2023

Singapore’s Temasek cuts pay for staff over US$275 million FTX fiasco: ‘we are disappointed’

The city state’s sovereign wealth fund said its senior management and investment team were ‘ultimately responsible’ for investing in the now-bankrupt cryptocurrency exchange, which resulted in a US$275 million writedown.

Posted on May 28, 2023

As Malaysia eyes renewable energy exports to Singapore, can it stick to its ambitious energy goals?

Malaysia sees boosting renewable energy exports, principally to Singapore, as the logical way to fund its ambitious energy transition plans.

Posted on May 27, 2023

Singapore court rules Credit Suisse owes millions to a billionaire ex-prime minister

Bidzina Ivanishvili, the billionaire businessman who amassed a fortune in Russia before serving as Georgia’s leader, put more than US$1.1 billion into a trust overseen by the bank’s Singapore subsidiary, and an employee ‘misappropriated millions’.

Posted on May 27, 2023

‘Out of the rat race’: Gen Z side hustlers carve a niche for themselves amid tough Asia-Pacific job market

Risks of the side hustle culture include overwork, stress and legal implications of holding a second job in addition to the full-time one, but some Gen Z say it helps keep their passion and interests alive.

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