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Vietnam: Update on Rooftop Solar Power Policy (As of 22 January 2021)
DFDL, January 2021

Decision No. 13/2020/QD-TTg issued by the Prime Minister of Vietnam on encouraging mechanisms for solar power development in Vietnam, dated 6 April 2020 (“Decision 13”) prescribed feed-in tariffs which expired on 31 December 2020...

Vietnam: The New Thu Duc City – What Does it Mean to Investors?
DFDL, January 2021

BACKGROUND The proposal to establish Thu Duc City was developed several years ago by the municipal government of Ho Chi Minh City...

Cambodia: Latest Construction News – January 2021
DFDL, January 2021

New Sub-Decrees on Construction Permits, Conditions & Procedures on the Issuance, Suspension & Revocation of Certificate of Occupancy, and Conditions & Procedures on Construction Certification New Sub-Decree on Construction Permits Following adoption of the Law on Construction dated 2 November 2019 (“Construction Law”), the Royal Government of Cambodia issued new Sub-Decree No. 224 ANKr...

Cambodia: Medical Check-Ups for Cambodian Employees
DFDL, January 2021

The Ministry of Labour and Vocational Training (“MLVT”) issued Prakas 429/20 on 31 December 2020 concerning Medical Check-ups for Cambodian Employees (“Prakas 429”)...

COVID-19 Government Initiatives & Support in Asia – December 2020
DFDL, January 2021

As this challenging year draws to a close, the COVID-19 pandemic has wrought unprecedented disruption, economic uncertainty, and ushered in never-before seen travel restrictions throughout the world...

Cambodia: Additional Measures to Support Private Sector Workers & Revive the Post-COVID-19 Economy (Round 7)
DFDL, January 2021

On 23 December 2020, the Royal Government of Cambodia (“RGC”) issued a press release and rolled out ‘Round 7’ of measures aimed at mitigating the impacts of COVID-19 on businesses and workers in Cambodia. The RGC in their press release noted the positive update with respect to the development of a COVID-19 vaccine and the fact that Cambodia has to date managed to effectively control COVID-19...

Cambodia: Deadline for 2021 Foreign Employee Quota Applications Now Extended to 31 January 2021
DFDL, January 2021

On 9 December 2020, the Ministry of Labour and Vocational Training (“MLVT”) issued Notification 041/20 on Extending the Deadline for the 2021 Foreign Employee Quota Application (“Notification”). Through the Notification, the MLVT has delayed the submission deadline for 2021 foreign employee quota applications until 31 January 2021, being two months after the original deadline...

Additional Measures to Support Private Sector Workers & Revive the Post-COVID-19 Economy (Round 7)
DFDL, January 2021

On 23 December 2020, the Royal Government of Cambodia (“RGC”) issued a press release and rolled out ‘Round 7’ of measures aimed at mitigating the impacts of COVID-19 on businesses and workers in Cambodia. The RGC in their press release noted the positive update with respect to the development of a COVID-19 vaccine and the fact that Cambodia has to date managed to effectively control COVID-19...

Finance & Loan Security Rights in Real Estate in the COVID-19 Era 10 Key Questions and Answers - Focus on Lao PDR
DFDL, December 2020

This edition of our Q&A series focuses on real estate financing and loan securitization issues in the Lao PDR. Given the continuing global uncertainty and economic disruption caused by COVID-19, investors are increasingly concerned about their ability to secure, dispose or otherwise transfer assets that are often now subject to revamped or revised local rules and regulations...

Finance & Loan Security Rights in Real Estate in the COVID-19 Era 10 Key Questions and Answers - Focus on Bangladesh
DFDL, December 2020

This edition of our Q&A series focuses on real estate financing and loan securitization issues in Bangladesh. Given the continuing global uncertainty and economic disruption caused by COVID-19, investors are increasingly concerned about their ability to secure, dispose or otherwise transfer assets that are often now subject to revamped or revised local rules and regulations...

Finance & Loan Security Rights in Real Estate in the COVID-19 Era: 10 Key Q&As – Focus on Bangladesh
DFDL, December 2020

This edition of our Q&A series focuses on real estate financing and loan securitization issues in Bangladesh. Given the continuing global uncertainty and economic disruption caused by COVID-19, investors are increasingly concerned about their ability to secure, dispose or otherwise transfer assets that are often now subject to revamped or revised local rules and regulations...

Finance & Loan Security Rights in Real Estate in the COVID-19 Era: 10 Key Q&As – Focus on Lao PDR
DFDL, December 2020

This edition of our Q&A series focuses on real estate financing and loan securitization issues in the Lao PDR. Given the continuing global uncertainty and economic disruption caused by COVID-19, investors are increasingly concerned about their ability to secure, dispose or otherwise transfer assets that are often now subject to revamped or revised local rules and regulations...

Finance & Loan Security Rights in Real Estate in the COVID-19 Era: 10 Key Q&As – Focus on Cambodia
DFDL, December 2020

This edition of our Q&A series focuses on real estate financing and loan securitization issues in Cambodia. Given the continuing uncertainty and economic disruption caused by COVID-19 worldwide, investors are increasingly concerned about their ability to secure, dispose or otherwise transfer assets that are often now subject to revamped or revised local rules and regulations...

COVID-19 Resources Hub - Regional Insights
DFDL, December 2020

 Regional Insights [VIDEO] Salary Arrangements & Restructuring in the Time of COVID-19: Market Views & Legal Implementation Watch our latest video to gain a clearer view on the salary arrangement options available to human resources departments in light of the disruption caused by the COVID-19 global pandemic...

Cambodia Monthly Legal Update – November 2020
DFDL, December 2020

Law on the Management of Commercial Gambling, Royal Kram NS/RKM/1120/031 dated 14 November 2020 Overview On 14 November 2020, the Law on the Management of Commercial Gambling (“Gambling Law”), the first comprehensive legislation to regulate casinos and commercial gambling centers in Cambodia, was promulgated...

Regional Comprehensive Economic Partnership Signed
DFDL, November 2020

On 15 November 2020, leaders of the ASEAN Member States, Australia, China, Japan, Republic of Korea and New Zealand witnessed the signing of the Regional Comprehensive Economic Partnership (“RCEP“) Agreement. The RCEP Agreement marks ASEAN’s biggest free trade pact to date, covering a market of 2.2 billion people with a combined size of US$26.2 trillion...

Cambodia: Additional Measures to Support Private Sector Workers & Revive the Post-COVID-19 Economy
DFDL, November 2020

On 30 September 2020, the Royal Government of Cambodia (“RGC”) issued a press release and rolled out ‘Round 6’ of measures aimed at mitigating the impacts of COVID-19 on businesses and workers in Cambodia. These represent a combination of new and existing measures (that have been extended)...

Focus on Myanmar - Finance & Loan Security Rights in Real Estate in the COVID-19 Era: 10 Key Q&As
DFDL, October 2020

Hot on the heels of our other two series which dealt with aviation and restructuring & insolvency, DFDL is proud to unveil the next Q&A series, this time on Real Estate and Banking & Finance issues throughout Southeast and South Asia. The first edition will focus on Myanmar...

Cambodia: 2020 Property Tax Deadline – 30 September
DFDL, September 2020

We would like to take this opportunity to remind our readers that the immovable property tax (“TOIP“) and Unused Land Tax deadline for 2020 is next Wednesday the 30th of September 2020. The 2020 TOIP and Unused Land Tax payment can be made at any tax branch or any branch of Canadia, Acleda, Vattanac or Cambodia Public Bank. Those already registered for TOIP and Unused Land Tax need to provide their 2019 tax payment receipt or Property Tax Registration Identification Card...

Evolving M&A Trends: Private Equity Transactions Amid the COVID-19 Crisis
DFDL, July 2020

This article first appeared on the website of the Corporate and M&A Law Committee of the Legal Practice Division of the International Bar Association (here), and is reproduced by kind permission of the International Bar Association, London, UK. © International Bar Association.  The Covid-19 pandemic has pushed countries across the world into an unprecedented humanitarian and economic crisis...

COVID-19 Government Initiatives & Support in Asia
DFDL, July 2020

As the COVID-19 pandemic continues to spread throughout the world, governments and leading financial institutions across the South and Southeast region continue to issue various initiatives, stimulus measures and relief efforts within their respective countries in an attempt to shore up the hardest hit sectors and vulnerable groups directly affected by the COVID-19 pandemic...

Myanmar Tax Update: Additional COVID-19 Tax Relief for Businesses in Myanmar
DFDL, June 2020

The Ministry of Planning, Finance, and Industry (“MOPFI”) issued Notification No 65/2020 (“Notification 65”) which outlines additional forms of tax relief that can be availed by businesses affected by the COVID-19 pandemic in Myanmar...

Aviation in Southeast Asia Beyond the Horizon - Cambodia 10 Key Q&As
DFDL, June 2020

For the aviation sector, the first half of 2020 has sadly been defined by the many challenges brought on by the coronavirus pandemic, resulting in operational and economic disruption across the globe. Now six months in, the industry is taking stock, adapting strategies and mapping out future plans for business post Covid-19...

Myanmar Investment Guide Synopsis
DFDL, June 2020

 Myanmar continues to generate intense investor interest in what remains one of the world’s largest frontier markets. Ever since 2011 when the country first opened its doors to foreign investment and participation, its economy has continued to surge with greater diversification of its markets and deepening sophistication of its consumer base...

Top Ten Questions and Answers: Workforce Restructuring in Cambodia, Lao, Myanmar, Thailand, and Vietnam
DFDL, June 2020

Earlier this month, the DFDL Employment & Labour Team organized a well-attended webinar on Workforce Restructuring in Cambodia, Lao PDR, Myanmar, Thailand & Vietnam. Our experts shared their insights with the audience on ways to minimize COVID-19 related labour challenges in compliance with local law as well as practical steps and considerations when implementing options available to employers to cut down labor costs in each jurisdiction...

 

 

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