Asia Pacific

Headlines

DLS Law Offices headed by Dipti Lavya Swain merges its practice with HSA Advocates in New Delhi, Mumbai and Bhubaneswar

We are pleased to announce that Dipti Lavya Swain, Founder & Managing Partner of DLS Law Offices is merging his firm with HSA Advocates. DLS Law currently operates from New Delhi and also has a presence in Mumbai and Bhubaneshwar. With over 13 years of work experience, including in top tier firms as a partner, Dipti is a specialist in Private Equity,...

Gaurav Sahay joins HSA Advocates as Partner in the Bangalore office

Gaurav Sahay joins HSA Advocates as a Partner in the firm's Corporate and M&A practice. He will be operating out of the firm’s Bangalore office. Gaurav has over 13 years of experience in advising various domestic and multinational clients on a wide range of legal issues including corporate and commercial laws, antitrust/ competition, intellectual...

Hong Kong Voted as Top International Financial Centre by Global Corporate Services Industry: Vistra 2020 Report

Trend toward onshore and mid-shore jurisdictions continues The latest report on the Corporate Services industry conducted by Vistra, a leading global trust, fund administration and corporate services provider, reveals that the trend toward onshore and mid-shore jurisdiction for doing business is continuing with Hong Kong topping the list, being...

Is China about to change the shape of global trade… again?

For much of 2018, China’s tariff wars with the US dominated media headlines. In 2019 so far, investors are also witnessing increasing signs of a Chinese slowdown, and with it a new approach to economic stimulus by Chinese policymakers. What does this mean for global trade and investment? A potted history: China’s role in the world economy After...

Cabe Malaysia Conference addresses shared global challenges

A number of issues facing the construction industry – the impact of the Hackitt report and future directives of UK legislation; the true value of sustainable buildings and standardisation of contracts – have been debated at a conference in Malaysia, illustrating the fact that many issues are not restricted by geography, but indeed are shared...

Finance

Kazakhstan’s choreographed election goes off-script

“HAPPY HOLIDAY!” cried a pie-seller in national dress as voters left a polling station in Almaty, Kazakhstan’s financial capital. A short stroll away in a leafy park, police were ruining the festive mood. Masked officers carried away prostrate protesters and hurled them into police vans. They were breaking up a peaceful demonstration by a few...

Australia’s surprising disregard for free speech

FOR A GROWING number of Australians, it is like stumbling out of bed and not recognising, let alone liking, the face you see in the bathroom mirror. In early June federal police raided the Sydney headquarters of the state broadcaster, the ABC. It had aired allegations of appalling deeds by Australian special forces in Afghanistan, including the killing...

South Korea’s government wants greener energy. Who will pay for it?

STANDING IN THE middle of a huge coastal mud flat, Moon Jae-in, South Korea’s president, announced in October the beginning of “a new 1,000-year energy history” for his country. Behind him stretched a field of solar panels; a large windmill loomed in the background. The area, called Saemangeum, was dammed with the world’s largest seawall under...

Japanese debate how foreigners should refer to them

THE WORLD calls the leader of China Xi Jinping. His North Korean counterpart is known as Kim Jong Un. The man who led North Vietnam to independence is almost always dubbed Ho Chi Minh. In all three instances, the surname comes first, and then the given names, as is customary in China, Korea and Vietnam. That is the custom in Japan, too. Yet English-speakers...

South-East Asian countries are banning imports of waste for recycling

THERE IS NO point collecting recyclable waste unless someone is willing to buy it and actually do the recycling. Until late 2017 China was the world’s biggest importer of scrap by far. This made sense. Like most other forms of manufacturing, recycling is cheaper there. Moreover, Chinese factories consumed lots of the resulting plastic and pulp, whereas...

Legal

After Fintech, Singapore eyes Legaltech status

Singapore, a haven for disruptive fintech firms, is aiming to shake up Asia's legal sector next The Lion City will host Southeast Asia's first legaltech accelerator from April. The city-state's initiative aims to groom legaltech startups as well as incubate new business models or services conceived by law firms. Singapore's law academy has launched...

China updates New Industry Catalogue

PRC reduces regulatory procedures for foreign investments following its 2016 reforms. China creates a nationally applicable “negative list” for foreign investment, which opens up more industries for multi-national companies.Foreign Investments Filing Administrative Rules will be updated and published soon by the Ministry of Commerce to clarify...

Proposals to make free movement of data a principle of EU law expected this autumn

Ansip said proposed new EU legislation to tackle unnecessary restrictions on where data can be stored are likely to be published this autumn.The proposals will also look to make it easier for businesses to move their data between rival cloud providers and ensure that public sector bodies can access data held by authorities in another EU country to help...

New advertising standards in the UK to take tougher stance on gender stereotypes

The new standards will be drawn up by the Committee of Advertising Practice (CAP), according to a new report on gender stereotypes in advertising (64-page / 5.4MB PDF) published by the Advertising Standards Authority (ASA), the watchdog that oversees compliance with UK advertising rules.The CAP will also look to "clarify standards that reflect the ASA‘s...

UK government urged to avoid data transfers 'cliff edge' at point of Brexit

In a new report, a House of Lords committee warned that trade and security could be impacted if the flow of data is disrupted at the point of Brexit.To enable data to flow between the UK and EU post-Brexit, the EU Home Affairs Sub-Committee urged the UK government to seek a so-called 'adequacy' decision from the European Commission, which would recognise...

Deals

HSA Advocates advised a consortium of four ports in relation to strategic sale of Dredging Corporation of India by Government of India

HSA Advocates represented a consortium of four ports Vishakapatnam Port Trust, Paradeep Port Trust, Jawaharlal Nehru Port Trust and Deendayal Port Trust in relation to strategic sale of Dredging Corporation of India concluded by Government of India (GoI). The four ports have acquired 100% of GoI's shares in Dredging Corporation of India (i.e. 73.47%...

Duff & Phelps enhances restructuring and dispute offering with acquisition of Zolfo Cooper Asia

Expands Footprint in Greater China Region Duff & Phelps, the global advisor that protects, restores and maximizes value for clients, today announced the acquisition of Zolfo Cooper Asia, a leading independent provider of restructuring, insolvency, litigation support and forensic accounting services. The combination of Duff & Phelps and Zolfo...

Investcorp launches in India with acquisition of IDFC Alternative’s Private Equity and Realty Businesses

Entry in to India expands footprint of direct investments into Asia Investcorp a leading global provider and manager of alternative investment products, today announced the launch of its operations in India with the imminent completion of its first deal, the acquisition of the Private Equity and Real Estate investment management businesses of IDFC...

China, Japan overseas M&A push to extend in 2019

China’s economic growth slowdown to drive dealmaking abroadJapanese companies may continue to seek large foreign dealsCompanies in China and Japan will continue their pursuit of overseas acquisitions this year amid the economic growth slowdown and geopolitical uncertainty, according to JPMorgan Chase & Co. Ready availability of capital will...

Japanese groups invest £4.2bn in the UK and Ireland between 2013 and 2017, reveals new M&A report by Livingstone

Transaction values in UK and Ireland reached £978m from Japanese group acquisitions in 2017230 middle market companies acquired across the globe by Japanese groups – up 13% from 2016 Global increase in total transaction values globally to £15.9bn in 2017 –up 15% Europe continued to experience high buyer interest from Japan in 2017, with average...

Acq Lite

GFriend shares track list for new EP 'Fever Season'

June 18 (UPI) -- South Korean girl group GFriend is sharing details about its new EP. The K-pop stars released a track list for the mini album, Fever Season, Tuesday on Twitter. Fever Season features eight songs, including the single "Fever" and the "Fever" instrumental. The EP also features "Mr. Blue," "Smile," "Wish," "Paradise," "Hope" and the...

Watch: Chris Lane proposes to 'Bachelor' alumna Lauren Bushnell

June 18 (UPI) -- Chris Lane is engaged to former Bachelor contestant Lauren Bushnell. The 34-year-old country singer told People he proposed to Bushnell at her family's home in Oregon Sunday on Father's Day. "I decided doing it at the family cookout would be the most laid-back setting and that she'd appreciate the simplicity of me proposing to her...

Ashley Graham interviews Halima Aden at Forbes Women's Summit

June 18 (UPI) -- Ashley Graham interviewed fellow Sports Illustrated model Halima Aden at the 2019 Forbes Women's Summit. The 31-year-old model spoke to Aden at the event Tuesday in New York after Aden became the first woman to wear a hijab and burkini in the Sports Illustrated swimsuit issue. Aden, who was born in a Kenyan refugee camp to Somali...

Maren Morris says Playboy shoot was 'really fun challenge'

June 18 (UPI) -- "The Middle" singer Maren Morris says her photo shoot for Playboy was a "really fun challenge." The 29-year-old country star discussed her controversial topless shoot and her willingness to challenge sexual norms in the music industry in her interview with Playboy published Tuesday. "I'm speaking such a loud, noisy concept of what...

FX renews 'Pose' for a third season

June 18 (UPI) -- FX has renewed Ryan Murphy's drama series Pose for a third season. Pose, which features a large number of transgender and LGBTQ stars, follows New York's underground ball culture in the 1980s. Billy Porter, Angelica Ross, Dominique Jackson, Charlayne Woodard, Mj Rodriguez, Indya Moore, Hailie Sahar, Sandra Bernhard, Ryan Jamaal Swain,...