Category: Uncategorized

ANALYSIS: Businesses would benefit from more guidance on how competition law in the UK could deviate from the rest of Europe after Brexit.

Bangladesh will file a lawsuit in a court in the United States on Wednesday against a Philippine bank over its role in one of the world’s biggest cyber heists, said the governor of Bangladesh’s central bank.
In February 2016, unknown perpetrators used fraudulent orders on the SWIFT payments system to steal US$81 million from the Bangladesh central bank account at the Federal Reserve Bank of New York.
The money was sent to accounts at the Manila-based Rizal Commercial Banking Corp (…

More than two million Filipinos flocked to polling stations this month in a historic referendum that will determine the future of the southern Philippine island of Mindanao. Residents of Muslim-majority regions are deciding on the establishment and precise composition of the so-called “Bangsamoro” (nation of Moros). As the first Filipino president from Mindanao, Rodrigo Duterte has staked his political legacy on the successful establishment of the new political entity….

Standing atop the stairs outside his university auditorium, 20-year-old activist Parit Chiwarak led a protest hundreds strong calling for an end to Thailand’s ruling military junta.
“The military is supposed to protect the country, not fight the people,” he told students gathered at Thammasat, one of Thailand’s most prestigious universities.
“We want elections,” they chanted, many of them waving fans emblazoned with hearts reading “Love Democracy…

Businesses planning to seal pre-Brexit merger deals that will have an impact on competition in the UK market should notify the UK’s Competition and Markets Authority (CMA) of those plans even if the transactions will initially be subject to the European Commission’s scrutiny only, the CMA has recommended.

Negotiators for the US and the Taliban insurgents have reached “agreements in principle” on key issues for a peace deal that would end 17 years of war in Afghanistan, the top US envoy said on Monday. The statement by US envoy Zalmay Khalilzad followed six days of talks last week with the Taliban in Qatar, where he urged the Islamic insurgent group to enter into direct negotiations with the government of Afghan President Ashraf Ghani. Ghani on Monday assured Afghans that their…

UK companies whose EU-based parent companies store personal data on their behalf may need to put new arrangements in place to enable them to access that data in the event of a ‘no deal’ Brexit, the data protection watchdog has said.

A rare political poll released in Singapore on Monday shone a light on a topic that thus far had been confined to pockets within the chattering classes: will a “third-generation” member of the city state’s powerful Lee family enter politics?
The family of the revered late founding prime minister Lee Kuan Yew has dominated Singapore’s politics for the best part of six decades – his eldest son Lee Hsien Loong is the country’s third and current premier –…

The Islamic State group has claimed responsibility for a double bomb attack on a Catholic church on a southern Philippine island that killed at least 18 people, according to the SITE Intelligence Group which monitors jihadist activities.
IS issued a formal communique claiming two suicide bombers had detonated explosive belts Sunday inside the church and its car park on Jolo – a stronghold of Islamist militants in the Catholic-majority nation.

For half a century since 1969, a white polymarble statue of Sir Stamford Raffles stood by the Singapore River, purportedly at the exact spot where the British colonial official first landed when he reached the Lion City.
This month, it “disappeared”. In a city state where vandalism can be punished by caning, a state-sanctioned artwork was commissioned to create an optical illusion that the statue was no longer there. The aim was to make Singaporeans think harder about Raffles….