As the 2025 chair of Asean, Malaysia aims to focus on business law reforms to ensure legal protections for businesses across Asean member countries, said Azalina Othman Said, Minister in the Prime Minister's Department of Law and Institutional Reform. During a recent visit to Bangkok as part of a roadshow to foster consensus and strengthen legal cooperation, Ms Azalina emphasised the need for joint reforms, particularly in international business regulations. She said harmonised business laws are urgent for Asean members, as the region's countries are significant trade partners, often encountering cross-border disputes. "If all Asean members adopt similar clauses on dispute resolution, it would foster greater confidence in conducting cross-border trade," she said. Ms Azalina highlighted the importance of alternative dispute resolution (ADR) mechanisms for the Asean community, as they provide an avenue for amicable settlements without resorting to costly litigation. "Going to court, especially in a foreign country, is expensive. A streamlined resolution process that bypasses many legal protocols would create an ideal environment for international business," she said. She said that while some lawyers work across borders, they often operate privately rather than at the government-to-government level. Implementing ADR at a governmental level would simplify lengthy legal processes and help businesses save money. Ms Azalina pointed to the European Union as a model for Asean to follow, noting that despite differing political standpoints, EU members share a unified approach to promoting business growth, supported by ADR mechanisms. Asean's trade relations now extend beyond member countries to partners such as China, India, and Japan through Asean+3 agreements, underscoring the importance of providing robust legal protections to achieve economic powerhouse status. "Language differences within Asean are recognised, but ADR can serve as a common, shared framework, fostering closer economic collaboration beyond agreements on paper," she said. Ms Azalina suggested greater collaboration between Thailand's arbitration centre and its Malaysian counterpart, particularly for business dealings between investors from both countries, to support Malaysia's aspirations for advancing business law during its Asean chairmanship. She also advocated for leveraging AI technology to improve access to justice across Asean's diverse linguistic landscape. "For instance, if I visit Thailand and inadvertently violate its laws, I may struggle to understand its legal procedures or find a Thai lawyer. A shared AI-driven system could provide basic legal FAQs, making justice more accessible," she said. The EU, she said, is already exploring AI applications in the justice system, suggesting that Asean law and justice ministers collaborate on such innovations at the 2025 Asean Law Ministers' Meeting. "I believe this system would benefit everyone in Asean," she said.
Popular Boise-area ice cream chain fined for child-labor violations. What happened?None
Lauro Martinez: Overlooked for Double Crown and Golden Boot - What Was Missed?Tiptoeing is often seen as a simple and harmless action, but in reality, it is a powerful full-body exercise that can benefit all organs and contribute to overall health and fitness. By incorporating tiptoeing into your daily routine, you can strengthen your muscles, improve your balance, and increase your cardiovascular fitness. Tiptoeing is a versatile and accessible exercise that can be performed anytime, anywhere, making it an ideal choice for individuals looking to enhance their physical well-being.
In conclusion, Maogeping's remarkable 87% surge on its debut day in the Hong Kong stock market has captivated investors, analysts, and market participants alike, highlighting the power of innovation, potential, and optimism in driving market performance. As the company charts its course in the coming weeks and months, it will be closely watched for clues on how it navigates the challenges and opportunities that lie ahead in its quest for sustained growth and success.Lightning ride electric power play to 4-2 victory over CanucksAs the situation continues to unfold, it is imperative for all parties involved to prioritize dialogue and diplomacy in order to prevent further escalation and bloodshed. The international community must come together to de-escalate tensions, uphold international law, and protect the lives of innocent civilians caught in the crossfire.
Virginia women's basketball program gets 'transformational gift' from alum Alexis Ohanian
As a passionate fan of both FC Barcelona and the late Kobe Bryant, the recent announcement of a collaboration between the two legendary icons for the upcoming season's away kit has brought about a wave of excitement in the sports world. The unique fusion of Barça's iconic colors and design elements with the Kobe Bryant inspiration has sparked debates among fans about which specific design they prefer.Overall, the Nvidia case serves as a poignant reminder of the importance of diligence, transparency, and responsiveness in navigating regulatory frameworks, particularly in complex and dynamic markets such as China.
Harry and Meghan’s polo docuseries to highlight ‘grit behind the glamour’The investigation into the activities of the two individuals revealed that they had been approached by foreign agents and offered a substantial sum of money in exchange for providing classified information. It is deeply troubling to think that individuals who have received a top-tier education and presumably have a bright future ahead of them would be willing to betray their own country for financial gain.As the night fades and a new day dawns, the world of finance continues to evolve, adapt, and surprise us with its endless possibilities and potential for growth. The late-night rally in Chinese assets is just one chapter in the ongoing saga of global markets, and investors must remain vigilant, strategic, and ready to navigate the twists and turns that lie ahead.
NoneThe film's production team has spared no effort in creating a visually stunning and immersive cinematic experience, with elaborate set designs, vibrant costumes, and innovative special effects that bring the fictional world to life in vivid detail. Each frame is meticulously crafted to enhance the comedic moments and amplify the absurdity of the characters' antics, ensuring a delightful visual feast for the audience.