The UK government’s call for evidence regarding the tax treatment of carried interest confirms its intention to take action to close a perceived ‘loophole’ an expert has said.
At TikTok owner ByteDance’s Singapore office, 41 people hospitalised with food poisoning
ByteDance licenses external vendors to cater food for its offices, and that food is not prepared or cooked at its office premises in Singapore.
Patent judgments highlight ramifications of Covid vaccine pledges
Two recent judgments related to Covid-19 vaccines show that, while statements made in an emergency situation can have an immediate positive PR impact, businesses must be cautious about relying on them without regularly reassessing their need for a licence to use such technology, an expert has said.
Indonesia’s sea nomads turn to jobs on land due to climate change, overfishing
The Bajau tribe of fishermen’s unique way of life has all but died out, as temperatures rise, fish migration and mating patterns change, corals are bleached, and the food chain changes.
Trouble brewing for Malaysia’s opposition bloc over beer funding for Chinese school event
A Gerakan exit would mean Perikatan Nasional loses its claim to also represent Malaysia’s ethnic Chinese and Indian minorities, experts say.
UPC confirms jurisdiction despite parallel national proceedings
The Unified Patent Court has accepted jurisdiction in a medtech patent dispute despite the existence of parallel proceedings in German courts. It has revoked the European patent in issue across all participating UPC countries.
Kudos to China for helping open the door to Palestinian unity
The Beijing Declaration reflects China’s aim to project itself as a credible power and peace enabler in West Asia.
After Philippines’ Pogos ban, what next for 40,000 displaced Filipino workers, industry?
Observers say there should be a sound plan to help local workers move to more stable workforces while curbing Pogos-linked illicit activities for good.
Asean top diplomats condemn Myanmar violence, urge peaceful means to settle sea disputes
Bloc says there is an urgent need to address humanitarian crisis in Myanmar, urges all parties to take ‘concrete action’ to halt conflict.
International AI competition statement signals joint commitment by antitrust enforcers
Competition authorities globally are coalescing in their efforts to understand, monitor, and proactively address competition issues that may arise from rapidly developing artificial intelligence (AI) technology.
