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Asian Legal Review

We understand Legal Issues in Asia

Month: September 2024

Posted on September 10, 2024

How sustainable investment rules have impacted funds documentation

The extent to which fund documentation may need to be specifically negotiated to achieve the desired alignment of interests between investors and fund managers is a major factor in the attractiveness of fund products to investors – particularly in the context of sustainable investing.

Posted on September 10, 2024

Australia to ban children as old as 16 from TikTok, Facebook, Instagram, others

The minimum age for children to log into social media sites has not been decided, but is expected to be between 14 and 16, the PM said.

Posted on September 9, 2024

Infamous Philippine pastor’s arrest seen as major blow to Duterte’s political fortunes

Critics of the former president say the arrest of Apollo Quiboloy is a sign the ‘Dutertes’ walls of impunity are crumbling’.

Posted on September 9, 2024

UK payment firms’ APP fraud compensation cap reduced to £85,000

UK payment firms’ obligation to compensate victims of authorised push payment (APP) fraud could be capped at £85,000, instead of the initially proposed maximum amount of £415,000. The Payment Systems Regulator (PSR) is consulting on the new cap a month before the new compensation scheme becomes effective.

Posted on September 9, 2024

‘It’s a dream’: Filipinos in Singapore rejoice at once in a lifetime chance to see pope

The last papal visit was in 1986 when Pope John Paul II stopped by the city state for five hours.

Posted on September 9, 2024

Thailand is drowning in household debt. The new prime minister wants to change that

An estimated US$475 billion of debt is driving inequality, the government says – as Thailand’s economic growth lags behind its neighbours.

Posted on September 8, 2024

Can Hun Manet chart Cambodia a new course free from his father’s shadow?

The new PM’s first year in charge has been defined by attempts to bolster Cambodia’s international standing and prioritise strong China ties.

Posted on September 7, 2024

Deadly Super Typhoon Yagi hits Vietnam

Death toll stands at 22 people so far.

Posted on September 7, 2024

Pope calls for Papua New Guinea to ‘end’ tribal violence, urges fair share of its resources

In a keynote speech, the pope called for an end to tribal violence while insisting the people benefit from the country’s resource boom.

Posted on September 7, 2024

Southeast Asia’s struggle to stay afloat amid a flood of cheap Chinese imports

Local industries – from Thailand’s truckers to Indonesia’s textile makers and Malaysia’s retailers – are feeling the squeeze from low-cost Chinese goods.

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