Bulletin
November 1999 Issue
Bulletin

TELECOM LAW UPDATES
An amendment of the Telecom Law (the Amendment) was passed by the Legislative Yuan on 22 October 1999 and promulgated on 3 November 1999. Pursuant to the Amendment, substantial revisions have been made to the Telecom Law. Below is a snap shot on some of the issues that may have impacts on the local telecom market.Liberalization of Foreign Ownership Restriction Currently, the total foreign ownership limit on any Type I teleco ... MoreBANKING
COMPETITION
ENVIRONMENTAL PROTECTION
GOVERNMENT CONTRACTS and INFRASTRUCTURE
INSURANCE
- INSURERS'’ MINIMUM CAPITAL ADEQUACY RATIO PROVISIONALLY SET AT 200%
- NO COVER FOR Y2K RISKS
- POLICY REVIEW PROCEDURES STREAMLINED
INTELLECTUAL PROPERTY RIGHTS
- CUSTOMS HANDLING OF SUSPECTED IPR INFRINGEMENTS
- PATENT INFRINGEMENT VERIFICATION REPORTS
- ORIGIN CODES REQUIRED ON EXPORT CDs
- COPYRIGHT IN THAI WORKS HELD BY A HONG KONG CORPORATION IS PROTECTED BY ROC LAW
- PTE EXAMINATION GUIDELINES ANNOUNCED
- ENFORCEMENT RULES OF TRADEMARK LAW
- DRAFT AMENDMENTS TO TRADEMARK LAW PUBLISHED
INVESTMENT
LABOR
- MORE SPECIAL INDUSTRIES DESIGNATED UNDER LABOR STANDARDS LAW
- NIGHT WORK PAYMENT MUST BE INCLUDED IN AVERAGE WAGE CALCULATIONS
- HIRING REDUNDANT LOCAL WORKERS CONFERS PRIORITY FOR HIRING FOREIGN LABOR
- INVESTMENT THRESHOLD RAISED FOR HIGH-TECH ENTERPRISES EMPLOYING FOREIGN LABOR
- LIMITATIONS ON PUBLIC UTILITY WORKERS'’ RIGHT TO STRIKE
- BASIC WAGE TO BE RAISED
- DRAFT MEASURES TO PROTECT WORKERS IN MASS LAYOFFS APPROVED
SECURITIES
TAX
- FILING SEQUENCE FOR SUI TAX INCENTIVES
- GUIDELINES FOR INSPECTION AND ASSESSMENT OF EARTHQUAKE DAMAGE