Thailand’s embattled Prime Minister Prayuth Chan-ocha won a no-confidence vote in parliament on Saturday as pro-democracy protesters vowed to swamp Bangkok’s streets to demand his resignation.Prayuth, who has run the country since seizing power as army chief in a 2014 coup, got 264 votes in his favour and 208 against. Five key ministers also survived the vote.Over four days of televised censure debate, lawmakers accused the prime minister of incompetence in handling the pandemic, vaccination…
New Zealand vows to pass counterterrorism law after supermarket stabbing
New Zealand Prime Minister Jacinda Ardern vowed on Saturday to tighten counterterrorism laws this month after a knife-wielding militant known to the authorities stabbed and wounded seven people in a supermarket.Police shot dead the 32-year-old attacker, a Sri Lankan national who had been convicted and imprisoned for about three years before being released in July, moments after he launched his stabbing spree on Friday.Ardern said earlier the man was inspired by Islamic State militant group …
Upper Tribunal upholds UK financial adviser ban
The Upper Tribunal has backed a decision by the UK’s Financial Conduct Authority (FCA) to ban Jon Frensham from carrying out regulated activities for criminal behaviour unrelated to his work as an independent financial adviser.
Enforcing adjudication decisions in South African Courts
Most construction contracts make provision for dispute resolution mechanisms which result in either temporary or final and binding determination through adjudication, arbitration or even litigation.
Japanese Prime Minister Yoshihide Suga resigns: what happens now and is Shinzo Abe preparing to return?
Japanese Prime Minister Yoshihide Suga on Friday announced he would not stand for re-election in the upcoming vote for leadership of the Liberal Democratic Party (LDP). The news came as a shock to some of his supporters but analysts said the writing was on the wall as Suga’s approval rating has been sliding for months. Japan’s PM Yoshihide Suga to resign after just 1 year in post Suga will stay on until his replacement is elected on September 29. The new party president will also become…
Coronavirus: Australia sets sights on reopening even as cases surge; Duterte denies medical supplies overpriced
Australia’s New South Wales on Friday reported an all-time high number of new Covid-19 cases and deaths despite being 10 weeks into lockdown, as the federal government tried to convince states and territories to follow its national reopening plan.New South Wales reported 1,431 new local transmitted cases, as well as 12 more deaths, as of Thursday evening – just over a week after recording more than 1,000 new daily infections for the first time.“We anticipate a peak in cases in the next…
Court clarifies law on pharma patent claims
Pharmaceutical manufacturers that claim patent rights over multiple compounds on the basis of a general formula will welcome a new ruling by the Court of Appeal in London, experts in patent litigation have said.
Philippines gave US$173 million pandemic supplies contracts to a firm owned by a fugitive from Taipei. Senator asks: ‘Didn’t you google?’
Senators in the Philippines are investigating how a drug company won government contracts worth billions of pesos to supply personal protective equipment, face masks and coronavirus tests despite its owner being wanted in Taiwan on suspicion of securities fraud.The government awarded Pharmally Pharmaceutical Corporation multiple purchase orders worth a total of 8.7 billion-pesos (US$173 million) between March 2020 and July 2021.The government continued to buy from Pharmally even after its owner…
Singapore to let blank cheque companies raise funds starting on September 3, beating Hong Kong to the punch with SPACs
Singapore said on Thursday that it would allow special purpose acquisition companies (SPACs) to go public on its bourse starting Friday, as the city state hopes to become the go-to market in Asia for what has been one of the hottest fundraising trends globally in the past 18 months.The so-called blank-cheque companies have raised more than US$122 billion this year alone, primarily through listings in the United States. However, they have proven to be popular with Asian sponsors and target…
Not sharing Covid risks would threaten viability of construction projects
The construction industry faces many challenges related to Covid-19, and if it doesn’t take a co-operative approach and share risks then it could make the situation even worse.
