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Tag: law

Retail Asia03/12/2021
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Finance

DLA Piper Bolsters Asia Capabilities

2min0
The global law firm is has made a senior energy partner hire in Hong Kong. DLA Piper has appointed Russell Wilkinson as a partner in its Finance, Projects, and Restructuring (FP&R) practice, based in Hong Kong, the firm announced on Thursday. Wilkinson joins the firm from Baker Botts in Hong Kong, where he has been a senior […]
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Retail Asia20/08/2021
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Finance

Hong Kong Anti-Sanctions Law Details Begin Surfacing

4min0
China’s top parliament is in the last of its four-day meeting on draft bills with some broad indications unveiled about Hong Kong’s anti-sanctions law, including a rough timeline and government entities to be involved. China’s National People’s Congress (NPC) Standing Committee is expected to formally approve the anti-sanctions law today, marking an end to its four-day closed-door […]
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Retail Asia13/02/2019
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Living

Vietnam prosecutors support Grab appeal against Vinasun

3min0
Prosecutors in Ho Chi Minh City have appealed a verdict ordering Grab to pay compensation to domestic taxi firm Vinasun. They want the appeal court to quash the order requiring the Singapore ride-hailing firm to pay VND4.8 billion ($206,000) in compensation for alleged losses and reject all of Vinasun’s demands. Grab violated a pilot transport ministry […]
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Retail Asia05/02/2019
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E-Tailing

Snapdeal bats for new FDI policy in e-commerce from Feb 1

3min0
Leading Indian e-tailer Snapdeal on Tuesday supported the implementation of revised Foreign Direct Investment (FDI) policy on e-commerce from February 1. “Snapdeal supports the immediate implementation of the current FDI policy on e-commerce so that marketplaces are not misused to run inventory operations,” Delhi-based Snapdeal told IANS in a statement. The Ministry of Commerce and Industry on […]
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Retail Asia28/01/2019
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E-Tailing

Global business leaders raise concerns over e-commerce policy changes in India

4min0
Several global business leaders have raised concerns over the evolving regulatory challenges concerning the e-commerce sector in India and said they want a stable policy regime to help this space achieve its robust growth and investment potential. According to a report, multiple business leaders attending the World Economic Forum Annual Meeting here said there are […]
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Retail Asia21/01/2019
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Automotive

Toyota fined W817 million for false advertising

2min0
Korea’s antitrust watchdog said Tuesday that it has fined Toyota Motor Korea 817 million won ($729,000) for deceptive advertising of its RAV4 sport utility vehicle (SUV). Toyota Motor Korea advertised that its RAV4 obtained a top safety pick in five test categories, including the driver’s side small overlap front and roof strength, from the U.S. […]
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Retail Asia18/01/2019
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Living

Indonesia to Regulate Ride-Hailing Rates Threatens Grab, Go-Jek Expansion

6min0
The government is preparing to launch regulations fixing the rates drivers and riders for ride-hailing services such as Grab and Go-Jek receive, two officials said this week, creating potential obstacles for the companies’ expansion. The regulations would meet drivers’ demands for more oversight and higher rates but there are concerns that the rising costs to the companies could […]
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Retail Asia10/01/2019
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General

Vietnam says Facebook violated cybersecurity law

2min0
Vietnam says Facebook has violated its new cybersecurity law by allowing users to post anti-government comments on the platform. “Facebook had reportedly not responded to a request to remove fanpages provoking activities against the state,” the official said, citing the Ministry of Information and Communication. In a statement, a Facebook spokeswoman said: “We have a clear […]
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Retail Asia08/01/2019
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E-Tailing

Domestic, foreign e-commerce players should be treated alike: CUTS India

3min0
The Government needs to create a level-playing field for both domestic and foreign e-commerce platforms through a comprehensive e-commerce policy, said Pradeep S. Mehta, Secretary General, CUTS International on Sunday. He noted that the current norms for the segment are applicable to foreign online retailers and this might create a discriminatory environment towards the domestic players. “The Government […]
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Retail Asia08/01/2019
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Living

Korea to ban single-use plastic bags

2min0
South Korea is to ban big-time supermarkets and retailers nationwide from selling single-use plastic bags in an attempt to conserve natural resources and reduce recyclable waste. The ban will come into effect on Tuesday as part of a revised law on conserving resources and encouraging the reuse of recyclable waste. Subject to the ban are 2000 outlets of […]
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Retail Asia21/12/2018
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Living

FastGo can’t go, say Vietnamese authorities

5min0
Vietnamese ride-hailing firm FastGo, at odds with authorities over its legal status, asserts it is going by the book. According to the Ministry of Transport and the Ministry of Industry and Trade, FastGo is not yet eligible to be approved for a pilot phase, nor is it registered as a tech platform. In a written […]
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Retail Asia17/12/2018
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Living

Grab Vietnam says Uber deal ‘no breach of competition laws’

6min0
Ride-hailing firm Grab has asserted that it did not breach Vietnam’s competition laws, contesting authorities’ definitions and interpretations. The assertion was a response to the Ministry of Industry and Trade, which said Wednesday that it had evidence that Grab’s acquisition of Uber violated Vietnam’s Competition Law . In a statement released Thursday, Jerry Lim, country head of […]
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Retail Asia29/11/2018
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E-Tailing

Snapdeal unveils ‘Brand Shield’ to help firms fight counterfeits

3min0
India’s e-commerce major Snapdeal Monday said it has launched ‘Brand Shield’, an anti-counterfeiting programme to help brands report counterfeit products being sold on its platform. The programme has been designed based on the inputs received from various brand owners, Snapdeal said in a statement. The programme is aimed at enabling a structured interaction between the platform and […]
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Retail Asia28/12/2016
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E-Tailing

China moves to regulate e-commerce

2min0
Chinese top legislature is deliberating a draft law that will regulate and facilitate e-commerce in the country. The draft law was tabled for review by legislators at the bimonthly session of the National People’s Congress (NPC) Standing Committee, which runs from Monday to Sunday. It is the first reading of the draft by the top […]
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Retail Asia11/11/2016
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Food

Lawmaker wants increase milk production, consumption

4min0
Legislator of Commission X of the House of Representatives (DPR), Dwita Ria Gunadi wants to increase milk production and consumption because the per capita milk consumption in the country is still lower than other Asian countries. “The per capita milk consumption in 2015, based on data from the Agriculture Ministry was only 12.1 liters per […]
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Retail Asia02/11/2016
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General

Indonesia amends controversial internet law

1min0
Indonesia’s House of Representatives has passed amendments to the controversial Electronic Information and Transactions Law to reduce penalties and set more clear definitions. The strict law lays out tough penalties including jail time for online defamation and “online intimidation,” and has provoked controversy on multiple occasions due to its use to stifle what is seen […]
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