The Asia Business Law Journal (ABLJ) just issued a comprehensive report on various measures of governments across Asia to manage the COVID-19 pandemic. The measures have forced them to resort to strict lockdowns at one hand, but on the other have brought their economies to a standstill, which in turn, have presented a twin challenge: a health emergency coupled with an economic crisis. Given the unprecedented nature of the crisis, policymakers have resorted to a variety of fiscal and policy measures, some are ad-hoc, some may be here to stay. As reported by ABLJ, making sense of these changes is a challenge in itself, especially for businesses that operate across markets in Asia.
To help the readers to understand the changes, the report covers multiple jurisdictions, from Japan, South Korea, Thailand, Hong Kong, Singapore, Malaysia, the Philippines, Vietnam to Indonesia.
Walalangi & Partners is among the law firms quoted and trusted by ABLJ to elaborate the hurdles, the “new normal” and the silver lining of the COVID-19 pandemic In Indonesia (link of the coverage can be found here: https://www.vantageasia.com/gloves-punches-fight-covid-19/.). Trust this is useful to understand the major changes made within those jurisdictions during these challenging times.
For full article please click here