Insolvency Law — Bankruptcy

Vietnam’s banking system has indicated that it was returning to a period of money surplus as none of the banks required the State Bank of Vietnam’s (SBV) capital in the open market operation (OMO) channel and overnight interbank interest rates had decreased sharply.

The Consumer Credit Bill, which has been targeted to be tabled in Malaysia’s Parliament in the fourth quarter of 2023, which is anticipated to strenghten the protection for consumers whilst supporting the development of a consumer credit industry that would effectively serve the needs of the individuals and small businesses.

The general manager for Southeast Asia at Kaspersky, Yeo Siang Tiong, has shared some recommendations for ensuring that business that had been affected by a data breach could get their businesses back on track as well as strengthening their IT security operations.