legislation
- Business News
Vietnam cuts bank stake limits to curb market manipulation risks
Vietnam’s legislature passed a resolution to decrease the maximum stake investors can own in domestic banks. Coming into force in July, the law will limit the equity held by institutional investors, such as pension or investment funds, to 10%, down from the current 15%. The adjustment has been made in an attempt to mitigate the risk of market manipulation. This…
- Thailand News
Thailand’s bold leap: Marriage equality legislation set to light up Parliament
Thailand‘s Cabinet greenlighted a historic draft legislation on marriage equality, sparking hopes for a significant stride towards inclusivity. Prime Minister Srettha Thavisin announced the pivotal decision on November 21, marking a potential turning point for the nation’s LGBTQ+ community. In a nation renowned for its vibrant LGBTQ+ scene, the legislation aims to bridge the gap between societal shifts and traditional…
- Crime News
Cannabis divide deepens ahead of General Election in Thailand
The future of marijuana in Thailand may become uncertain as political parties contesting in the upcoming national election call for the repeal of cannabis decriminalisation, which has been in effect for approximately one year. Pheu Thai Party‘s Paetongtarn Shinawatra, a prime ministerial candidate, has voiced her concerns about liberalised cannabis at a recent rally, stating the need to suppress drugs.…
