MAY 2019 | International Law Alerts | Cybersecurity

Is there an end-all solution to cybersecurity attacks, financial threats? “The Philippines GDP currently stands at about $305 billion. With our economy on a continuous upward growth trajectory, many of us remain optimistic in the business landscape of today,” said Vic Tria, first vice president for PLDT ALPHA, at the 30th Bankers Institute of the Philippines Inc. (BAIPHIL) Convention held last March at the Baguio Country Club. Tria, however, cited a recent study by Frost and Sullivan for Microsoft, in which 1.1% of the GDP may be lost due to threats on cybersecurity. NBI cites roles of LGUs in cybercrime…

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MAY 2019 | International Law Alerts | Labor Law / OFWs

PH officials in Kuwait monitoring probe on OFW’s death The Philippine Embassy in Kuwait is working closely with authorities on the investigation into the death of Filipina household service worker Constancia Lago Dayag who was allegedly physically and sexually assaulted, the embassy said in a statement. PH-Kuwait pact ensures HSW, protection, welfare The labor department is finalizing arrangements for the formal signing of an accord at the end of discussions between a top level delegation of Kuwaiti officials and their Philippine counterparts on the provisions of the proposed document which will govern the deployment, employment and treatment of Filipino workers…

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MAY 2019 | International Law Alerts | International Environmental Law

UN Project Seeks to Eliminate Mercury in ASGM Sector in Mongolia and the Philippines The UN Environment Programme (UNEP) and the UN Industrial Development Organization (UNIDO) have launched a USD 60 million project titled, ‘Contribution Toward the Elimination of Mercury in the Artisanal and Small Scale Gold Mining Sector: From Miners To Refiners.’ The project will help reduce harmful mercury emissions and protect the health and well-being of the millions of men, women and children working in the industry in Mongolia and the Philippines. Climate Action Summit Joint Appeal from the UN System to the Secretary-General’s Climate Action Summit U.N.…

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MAY 2019 | International Law Alerts | International Economic Law

Duterte signs BSP’s gold Bill into Law BSP announced that Republic Act (RA) No. 11256, An Act to Strengthen the Country’s Gross International Reserves (GIR), was approved by Congress and signed by President Rodrigo R. Duterte last 29 March 2019. Foreign Investment Law update THE chairman of the Senate Committee on Economic Affairs is moving to update the 28-year-old Foreign Investment Law, aiming to lure more foreign direct investments (FDI) into the country to create more jobs. Settling investor–state disputes, Asia Pacific style Host states are increasingly adding investor–state dispute settlement (ISDS) provisions to investment treaties alongside inter-state arbitration provisions.…

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MAY 2019 | International Law Alerts | ASEAN

The ASEAN identifies tourism as an aid to free trade and protectionism as a barrier. Sustaining Asean resilience amid global economic worry DESPITE ongoing US-China trade tensions, the Association of South-east Asian Nations (Asean) seems to have developed a certain level of immunity to the current economic concerns facing the world economy. A miniature ecosystem of intra-regional trade between diverse markets, Asean’s trade is somewhat insulated from the larger effects of world superpower tensions. However, work remains to be done to ensure that the region maintains its immunity and continues to work towards a stronger logistics network. Asean, China, Japan,…

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APRIL 2019 | International Law Alerts | Territory

Sabah Consulate proposal treason -Locsin A proposal to open a consulate in Kota Kinabalu is “treason” as it will effectively recognize Malaysian sovereignty over Sabah, Foreign Affairs Secretary Teodoro Locsin Jr. said yesterday.

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