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ASEAN and European Commission sign deal on intellectual property rights

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The Association of Southeast Asia Nations ASEAN and the European Commission EC signed Wednesday a financing agreement on capacity building for a strengthened intellectual property rights IPR regime in the region.The 5.1 million euro program, to which the EC provided 4.5 million euro, will be implemented by the European Patent Office over a four-year period, according to a release issued here by the ASEAN Secretariat.

“This is an important piece of the jigsaw to lay the foundation for the protection of IPR in the region,” ASEAN Secretary-General Surin Pitsuwan said Wednesday at the signing ceremony in Bangkok.Also attending the signing were Thai Deputy Commerce Minister Alongkorn Ponlaboot and EC Ambassador to Thailand David Lipmann.

asean_flags2The program, aimed at enhancing regional integration by strengthening institutional capacity and legal and administrative frameworks for protecting IPR, will be implemented by a project team based in Bangkok and hosted by the Thai Department of Intellectual Property under the Ministry of Commerce.

via ASEAN, EU sign deal on intellectual property rights | The Jakarta Post.

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Tech

Global fashion e-tailer Shein launches new hub in Singapore

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Shein has websites for Singapore, Indonesia, Thailand, Vietnam, and the Philippines and has plans to create a standalone website for Malaysia too.

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Singapore

How Businesses in Singapore can Reduce Overhead Costs During the Pandemic

The government is expected to draw on S$53.7 billion (US$40 billion) from its reserves for this year and an additional S24 billion (US$17.8 billion) over the next three years to assist local companies transition into a post-pandemic business environment.

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How Businesses in Singapore can Reduce Overhead Costs During the Pandemic

Singapore’s government has provided an array of fiscal and non-fiscal incentives to help businesses reduce their overhead costs during the pandemic.

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