A new anti-corruption law has come into effect in Thailand. Formally named the Act Supplementing the Constitution Relating to the Prevention and Suppression of Corruption B.E. 2561 (2018) (the “New Anti-Corruption Law”), it repeals and replaces the 1999 Organic Act on Counter Corruption and its various amendments (the “Old OACC”). The New Anti-Corruption Law largely keeps in place the key...

India has granted Pfizer Inc a patent for its powerful pneumonia vaccine Prevenar 13, in a blow to some health groups that said this would put the treatment out of reach of thousands in poorer nations. The decision by India’s patent office bars other companies from making cheaper copies of the vaccine and allows Pfizer to exclusively sell it in India until 2026. It’s a big victory for the U.S....

On July 11, 2018, Cambodia passed an amendment to the Labor Law that eliminates “indemnity for dismissal”—a local legal concept equivalent to a severance payment—for undetermined duration contracts (i.e., employment contracts without a fixed expiration date), and replaces it with an ongoing requirement for employers to pay employees a new “seniority payment.” These amendments affect...

Lao P.D.R. has long been a high-potential destination for foreign investors due to its abundant natural resources and strategic location. As the number of legal entities increased, the number of labor disputes have also rose accordingly. In the past, companies sometimes faced issues over the uncertain legal framework for resolving labor disputes. In February 2018, to further strengthen the...

As of mid-2018, more than 200 franchises had been registered in Vietnam, including franchises in food and beverages, fashion, education, and other sectors. With half of its population of nearly 100 million under the age of 30, Vietnam is one of the fastest growing franchise markets in the world. Before entering Vietnam, foreign franchisors should have a solid understanding of the country’s...