Laos’ Ministry of Finance has announced that the submission deadline for 2019 financial reports has been postponed from March 30, 2020, to April 30, 2020, to help mitigate the difficulties encountered by companies in light of the global COVID-19 epidemic. The measures, announced in Notification No. 0636, also allow for the possibility of a further blanket extension of this deadline, at the government’s discretion, should the situation fail to improve in time for the April 30 deadline to be tenable.

Laos’ Ministry of Finance has announced that the submission deadline for 2019 financial reports has been postponed from March 30, 2020, to April 30, 2020, to help mitigate the difficulties encountered by companies in light of the global COVID-19 epidemic. The measures, announced in Notification No. 0636, also allow for the possibility of a further blanket extension of this deadline, at the government’s discretion, should the situation fail to improve in time for the April 30 deadline to be tenable.

On Wednesday, March 25, the President’s Office issued a letter containing measures to mitigate the potential impact of COVID-19 on government offices, because of the potential for the rapid spread of COVID-19, and as a result of the discovery of the first three cases in Myanmar.The letter states that:

Appeals in the IP field are very common in Vietnam, but it can take a long time to for these cases to be resolved, and the number of appeals pending at the moment is rather high. One of the reasons for this is the lack of human resources allocated to resolving appeals.

Dealing with the COVID-19 pandemic has taken top priority for almost every country in the world. In Thailand, even though the strength of the country’s health security measures has been ranked sixth-best globally, COVID-19 has hit hard, and the number of confirmed cases is steadily increasing each day.

COVID-19: Companies in Thailand Granted Limited Relief from Statutory Annual Meeting RequirementsThe Department of Business Development (DBD) of Thailand’s Ministry of Commerce has given companies more flexibility regarding the deadline for holding their mandatory annual general meeting of shareholders (AGM) for this year, in light of the disruption caused by the COVID-19 crisis.

In an effort to help stem the COVID 19 virus outbreak in Thailand, the nation’s chief judicial authorities have ordered the postponement of most court hearings until the end of May 2020. In a resolution issued by the Judicial Administrative Commission (JAC) and an announcement by the President of the Supreme Court (the “Announcement”), all courts of first instance (i.e. trial-level courts) must set new dates for hearings that are currently scheduled between March 24 and May 31. Exceptions 

The Ministry of Energy has issued an order to delay the 23rd round of bidding for petroleum exploration and production, as reported on the official website of the Department of Mineral Fuels (DMF). The 23rd round of bidding involved three exploration blocks in the Gulf of Thailand, and was previously expected to open in early April 2020, with the DMF set to return their final decision regarding concessions within the end of 2020. The delayed round of bidding would have reportedly been the first round in 13 years.