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News & Analysis

South Korea: Vietnam’s Decree 94: Introducing Regulatory Sandbox for Fintech Innovation

19 June 2025 by Jipyong - South Korea

On May 15, 2025, the Government of Vietnam promulgated Decree No. 94/2025/ND-CP (“Decree 94”), introducing a regulatory sandbox mechanism for certain fintech activities in the banking and financial services sector.

News & Analysis

China legal update: Two Ministries Jointly Issue Announcement to Support the Issuance of Science and Technology Innovation Bonds

19 June 2025 by Beijing Grandway Law Offices - China

On May 6, 2025, the People’s Bank Of China (PBC) and China Securities Regulatory Commission (CSRC) jointly issued the Announcement on Issues Concerning Supporting the Issuance of Science and Technology Innovation Bonds (the “Announcement”), aiming to accelerate the development of a multi-level bond market and to support the financing of science and technology innovation enterprises. The Announcement came into effect upon publication.

News & Analysis

Vietnam: VILAF Advised SCG Packaging on the Strategic Buy-out of Duy Tan Plastics

19 June 2025 by VILAF - Vietnam

VILAF warmly congratulates SCG Packaging Public Company Limited (SCG Packaging), a subsidiary of Siam Cement Group, on the successful acquisition of the remaining 30% shares in Duy Tan Plastics Manufacturing Corporation (Duy Tan Plastics), making SCG Packaging the sole shareholder of Vietnam’s leading manufacturer of rigid plastic packaging products. The transaction was made at USD108.6 million.

News & Analysis

Indonesia: Indonesia Tightens Police Oversight for Foreign Journalists and Researchers

19 June 2025 by Makarim & Taira S - Indonesia

The Indonesian National Police has issued a new regulation that allows officers to issue clearance letters (“Police Certificate”) for certain activities by foreign nationals in Indonesia, particularly those involving journalism and research.

News & Analysis

Macao SAR: Legal Alert: Macau Government Approves New Rules for 2025 Economic development pecuniary contribution plan

19 June 2025 by Lektou - Macao SAR

The Executive Council of the Macau SAR Government has finalized discussions and approved the draft administrative regulation for the “2025 Economic development pecuniary contribution plan”.

News & Analysis

Malaysia: Bursa Malaysia launches Shares2U to attract retail investors

19 June 2025 by Shearn Delamore & Co - Malaysia

On 22 May 2025, Bursa Malaysia Berhad (“Bursa Malaysia”) haslaunched Shares2U, a securities transfer scheme which allowsParticipating Organisations (“POs”) to incentivise retailinvestors with eligible Bursa Malaysia-listed shares as part oftheir marketing initiatives.

News & Analysis

India: Heir of the Family Trademarks

19 June 2025 by Anand and Anand - India

Sandhya Singh

News & Analysis

South Korea: Reporting Obligations for Foreign Financial Accounts and the Tie-Breaker Rule under Tax Treaties: Recent Legislative and Judicial Developments

03 June 2025 by Lee & Ko - South Korea

As tax transparency initiatives gain momentum and tax authorities enhance their oversight of offshore assets, the obligation to report foreign financial accounts has become a key compliance requirement that taxpayers must understand and adhere to.

News & Analysis

Singapore: Yuen Law Strengthens Disputes Resolution Practice with the Addition of Benedict Eoon

29 May 2025 by Yuen Law - Singapore

Yuen Law warmly welcomes Benedict Eoon as a Consultant in our Disputes Resolution Practice, further contributing to the strategic growth in one of our fastest growing areas.

News & Analysis

India: Supreme Court Clarifies Scope of Judicial Interference Under Sections 34 and 37 of the Arbitration Act

27 May 2025 by Singularity Legal - India

The Arbitration and Conciliation Act, 1996 (“Act”) is founded on the principle of minimal judicial interference, with Sections 34 and 37 offering limited avenues for courts to intervene in the arbitral awards, primarily through setting them aside or hearing appeals against such decisions.