ENERGY: Renewable Roadblocks
Law firms interviewed: A&O Shearman; Reed Smith
In recent years, the combination of trade conflicts, the pandemic, and regional tensions have resulted in increased volatility for businesses in the energy, transportation, and commodities sectors. In Southeast Asia, where the transition to green energy is one of the…
MIDDLE EAST: Eastern Promise
China's economic ties with the Middle East have been rapidly expanding, with bilateral trade reaching approximately $500 billion in both 2022 and 2023.
MIDDLE EAST: ‘Law firms offer very little innovation’
Mohammed Jamil is the group general counsel of Saudi Arabian lubricant maker Petromin Corporation. Jamil has over 20 years of in-house experience working as an attorney across multiple jurisdictions. In the Middle East, he has worked in the legal teams of Yusuf Bin Ahmed Kanoo, Saudi Basic Industries Corporation (SABIC), Kuwait Finance House, and TRW.
RANKINGS: ALB Asia Top 15 GCs 2024
In the fast-paced world of Asian business, general counsel are emerging as key players in shaping corporate strategy. Gone are the days when these legal experts were confined to the sidelines of compliance and risk management. Today, they're at the forefront of innovation, building trust, and driving their organisations forward.
GC Profile: Alex Au, Director – General Counsel (Corporate & Investment), Link Asset Management Limited
In the fast-paced world of Asian business, general counsels are playing an increasingly important role in shaping corporate strategy. These legal experts are now at the forefront of innovation, building trust, and driving their organizations forward. ALB recognises Alex Au, Director and General Counsel (Corporate & Investment) at Link Asset Management Limited, as one of ALB Asia's top general counsels for 2024.
THAILAND: Going Electric
Thailand has established itself as the most dynamic automotive market in Southeast Asia, particularly during a period of industrial transformation in the region. In response to cost and regulatory factors, manufacturers and automakers from China are realigning their supply chains, resulting in increased competition within the Thai market. And while the surge in Chinese electric vehicles in Thailand is creating new opportunities for legal services, lawyers need to adapt quickly to grab their share of the work.
LEGAL NETWORKS: Network-Powered AI
Proactive legal networks are playing a unique role in the proliferation of the latest in artificial intelligence within the legal industry.
Mauritius: India tax treaty on way out?
India and Mauritius have long squabbled over their double tax avoidance treaty, which allows third country investors to claim tax exemption in India. With billions of dollars flowing through Mauritius every year, New Delhi wants the treaty amended and Port Louis may finally relent, reports Raghavendra Verma
Qatar's next big purchase: A farming sector
Qatar’s energy resources have given it one of the world’s highest per capita incomes, a futuristic urban skyline, and enough clout to host the 2022 soccer World Cup. But its wealth may not be enough for the arid state to achieve an even more ambitious goal: that of becoming largely self-sufficient in food.
Indonesia: Avoiding the PE pitfalls
As Southeast Asia's biggest economy, Indonesia is attracting the attention of global investors because of its fast-growing, young middle class, and its abundant natural resources. Therefore, it’s no surprise that PE houses are lining up to raise funds targeting the country. But the immense potential of Indonesia also brings with it a host of potential risks, including longer deal timelines than investors are used to, complex tax regimes and restrictions on exit options, a lack of trustworthy partners, and rules that seem to be written in water. Mitigating some of the risks is crucial to success, writes Ranajit Dam