Undertakings for Collective Investment in Transferable Securities (UCITS funds) are open-ended collective investment schemes that are established under a common EU legal and regulatory framework.
Malaysia’s judicial crisis deepens with leaked memo from classified meeting
Malaysia’s judicial crisis deepened over the weekend after a leaked memo revealed serious allegations against Federal Court Judge Terrirudin Salleh, as lawyers marched to Prime Minister Anwar Ibrahim’s office on Monday to protest against alleged executive interference in the judiciary.
Anwar has come under mounting pressure over the scandal, with lawmakers from his own party breaking ranks to demand that he “clear the air”, warning that judicial integrity is now “the biggest issue” facing the…
Malaysia imposes trade permits for US-linked AI chip shipments
Malaysia said on Monday it would require trade permits for all high-performance chips meant for artificial intelligence (AI) and sourced from the United States, as Kuala Lumpur scrambles to negotiate down punitive American tariffs set to kick in on August 1.
Last week, US President Donald Trump slapped a 25 per cent tariff on Malaysia, part of a broader move by the mercurial leader to address what he described as “unsustainable trade deficits” between the world’s largest economy and its trade…
Filipino film that China wanted to cancel wins at New Zealand festival
A Filipino documentary spotlighting the daily struggles of fishermen, naval cooks and coastguard personnel in the contested South China Sea has earned international recognition, with its director telling This Week in Asia that the award was a validation of honest storytelling in the face of political pressure from Beijing to cancel its screening.
Food Delivery: Fresh from the West Philippine Sea took home the Tides of Change prize at the Doc Edge Festival in Auckland, New Zealand, on July 3….
Bangkok calling: Thailand’s digital nomad visa proves a runaway success
When Tim Grassin sold his fintech start-up in the Philippines, he mapped out his next move the way any good analyst would: with a spreadsheet.
After comparing the region’s top destinations for remote workers, the French-Canadian entrepreneur landed on the Thai capital.
“Bangkok won,” he told This Week in Asia.
Drawn by its affordable healthcare, robust infrastructure and vibrant lifestyle, Grassin settled in the city in 2023 and eventually qualified for the Destination Thailand Visa (DTV) – a…
Crypto kingdom: Bhutan goes all-in on bitcoin tourism
High in the Himalayas, the tiny kingdom of Bhutan, long known for its pursuit of “gross national happiness”, has now set its sights on a new measure of contentment: cryptocurrency.
In a move that has startled some of its neighbours and inspired global fintech champions, the “Land of the Thunder Dragon”, home to around 800,000 people, is using state-mined bitcoin to fund public salaries and lure a new wave of tourists.
Bhutan became, in May, the world’s first nation to unveil a countrywide,…
Sack of bones, Duterte drug war add to growing Philippine cock fighters mystery
Three sacks weighted with sandbags recovered from the depths of a Philippine volcanic crater lake have added a dramatic new twist to the chilling case of at least 34 missing cock fighters, bolstering claims by a whistle-blower that the killings were orchestrated by a gambling tycoon with powerful political and police connections.
The first sack, pulled from the murky waters of Taal Lake on Thursday, contained charred bones, according to the Department of Justice. Forensic tests have yet to…
White collar crime and supply chain due diligence reform targeted in Germany
The new German government has laid out a series of measures to crack down on white-collar crime and intends to rewrite the Act on Corporate Due Diligence Obligations in Supply Chains as part of its common legislative goals for the next four years.
Climate litigation hit top courts worldwide in 2024
Businesses and their in-house counsel should be aware of the risks at stake as the impact and scope of climate-related litigation continues to expand, experts have said.
Decision to drop zonal pricing for GB electricity generation welcomed
The decision to retain a single national, wholesale electricity market is evidence of the UK government’s focus on accelerating clean power without causing disruption to the market at this time, an expert has said.
