Background: In view of the Government’s goal to achieve a US$ 5 trillion economy, the Finance Minister proposed a number of reforms to invigorate the Indian economy as part of the Union Budget 2019-2020 including a request to SEBI to consider increasing the minimum public share-holding (“MPS”) thresholds for listed entities from 25% to 35%.

Given that the global economy has entered into a slowdown mode in recent times, we are witnessing a sentiment of uncertainty having permeated the Indian economy with distress signals emanating from across the trade and industry spectrum. With the economy navigating troubled waters, there is a decline in exits by private equity (PE) investors and investors are exploring alternate exit routes.

The Macallan Edition No.5 is our very own homage to the diversity and complexity of natural colour. Inspired by a coming together of whisky making mastery and colour expertise and insight, this single malt celebrates both The Macallan’s commitment to natural colour and the intricate whisky making process.

India’s government asked Facebook Inc on Tuesday to help it decrypt private messages on its network, citing national security requirements in a court hearing on privacy rights on social media platforms.

The renowned ALB Korea Law Awards is returning for its seventh edition this year, to take place on Nov. 15 at Conrad Seoul. This annual event will continue to give recognition to the outstanding legal practitioners, top law firms and most important deals from within and around Korea.

Asian Legal Business is proud to showcase the high-caliber law firms, in-house teams, and individual lawyers who made it to the shortlist for the ALB Philippine Law Awards 2019. They are evidence of the excellent performances of local and international legal practitioners who have made a positive impact in the Philippines.

Indonesian President Joko Widodo unveiled his cabinet for a second term on Wednesday, retaining former World Bank executive Sri Mulyani Indrawati as finance minister and tapping the leader of the opposition as he seeks to push through reforms.

Hong Kong’s businesses will likely foot the bill for vandalism inflicted over the past four months during the territory’s most violent protests in living memory as few of them bought insurance coverage for riot damage, industry insiders said.

The Laos office of Rajah & Tann has entered into an alliance with local conglomerate Phongsavanh Group in an effort to expand operations in the Lao People’s Democratic Republic.

Singaporean boutique Aquinas Law Alliance has hired corporate lawyers Cephas Yee and Joshua Tan as partners and named Lim Kok Meng, the firm’s co-founder of head of corporate, as joint managing partner.