Conditional fee agreements (CFAs) and damages based agreements (DBAs) offer an alternative way to fund commercial claims and litigation.
Payment and recovery of costs and disbursements in proceedings
If an organisation is involved in a court case it will have to pay its lawyer’s costs and disbursements/expenses. Depending on the outcome of the case a proportion of the costs and disbursements payable to the lawyers may be recoverable from the opponent.
Pressure is building for Japan to give up its ultra-loose monetary policy
Rising inflation and a weak yen are prompting expectations of a policy shift and a bond sell-off. The Bank of Japan will have to move carefully to avoid market volatility.
Singapore’s Grab clarifies conflict of interest policies as MP Tin Pei Ling’s role sparks concerns
Tin, a three-term lawmaker from the ruling People’s Action Party, will run the superapp’s government affairs department.
US$2.7 billion China-designed nuclear plant launched in Pakistan amid energy crisis
The 1,100 megawatts capacity reactor will generate some of Pakistan’s cheapest electricity as the nation suffers nationwide power outages. China financed the facility’s expansion.
English-speaking Filipinos tricked into working at Chinese-run crypto scams: whistle-blowers
Many Filipinos were tricked into thinking they were hired to work at overseas call centres, but instead were forced to work at online scam rooms.
China’s reopening stirs hopes that South Korea can turn around a record trade deficit
South Korea announced a record trade deficit in January, as exports to China tumbled 31.4 per cent and the value of energy imports jumped amid elevated winter demand and high global prices.
Singapore detains teenage Isis supporter for plotting three attacks
Muhammad Irfan Danyal Mohamad Nor made plans to travel overseas to take up armed violence and aspired to establish an Islamic caliphate in Singapore.
Indonesia’s TikTok trend of begging for money in mud sparks backlash, exploitation concerns
Modern TikTok beggars, mostly elderly women, have taken to pouring dirty river water over themselves on demand, in exchange for virtual gifts.
Genocide charge aside, Myanmar military gets a seat at US co-chaired Asean defence meet
Myanmar’s military has been invited to take part in a working group co-chaired by the US and Thailand – despite Washington last year declaring it had committed genocide.
