On 30 August 2022, the Indonesian House of Representatives agreed to pass a law ratifying the Regional Comprehensive Economic Partnership, the largest regional free trade agreement outside the World Trade Organization — involving 10 ASEAN countries and five non-ASEAN countries, i.e., China, New Zealand, Australia, Japan and South Korea. With the passing of this law, which still requires promulgation by the President, RCEP is set to come into force for Indonesia, possibly before the end of the year.
The first draft, released on 2 March 2022, is the authority’s first comprehensive overview of competition issues specific to the digital economy and its enforcement position and policy direction. This update was published as part of our quarterly newsletter, Asia Pacific Competition Highlights.
Baker McKenzie’s Sanctions Blog published the alert titled Taiwan issues list of Russia-related export controls on 8 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Taiwan tightens trade with Russia on 12 March 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
In the Asia Pacific Competition update, we provide you with a practical overview of the most notable antitrust legal developments of the third quarter in 2021 that may affect your business.
The Ministry of Economic Affairs (MOEA) announced the Offshore Wind Power Planning Site Capacity Allocation Guidelines on 19 August 2021. The Allocation Guidelines outlines the regulations and rules for an applicant to apply for grid capacity from the Bureau of Energy (BOE)/MOEA. The timing for the MOEA to accept application for grid allocation is to be announced.
On 23 June 2021, Taiwan’s Ministry of Labor issued the “Occupational Safety and Health References Guidelines on Working from Home”, indicating that working from home has become a mainstream work model regulated by the labor authority.
Explore our key resources and stay abreast of market developments and trends in the corporate power purchase agreement space.
Our Asia Pacific Employment & Compensation Team is pleased to provide you with our second quarterly update for 2021 highlighting key employment law changes across the Asia Pacific region.
As the pandemic alert has been raised to Level 3, companies have upgraded their pandemic countermeasures. Many companies have implemented work-from-home or a remote work plan in response to the pandemic to reduce the potential impact caused by COVID-19 and to ensure continuity of business operations.
One of the critical issues for work-from-home arrangement is how to keep an employee attendance record. According to the latest ruling issued by the Ministry of Labor, companies may follow the ‘Guiding Principles for Employees Work Time Away from the Business Premises’ to determine the working hours and maintain attendance records.