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News & Analysis

JIPYONG’s 2022 Year in Review

03 January 2023 by Jipyong - South Korea

As the year draws to a close, JIPYONG’s various practice groups look back at their achievements for the year 2022 and offer their insights for the coming year.

News & Analysis

Korea Includes Nuclear Power in the Revised K-Taxonomy

07 November 2022 by Jipyong - South Korea

With the looming energy crisis in Europe reviving nuclear power plants globally , new light has been shed on the role of nuclear power in pursuit of achieving carbon neutrality by 2050.

News & Analysis

Skyrocketing Material Prices’ Impact on Construction Contracts and Impending Amendment to Korean Fair Transactions in Subcontracting Act

04 October 2022 by Jipyong - South Korea

While the global economy is suffering from COVID-19 related recession and political unrest, the construction industry has been hit especially hard by surging prices of materials and wages. Subcontractors in particular are suffering huge losses. To cushion the harsh blow to contractors and subcontractors, the Korean government has introduced a mechanism called “Supply Cost Linkage System” effective September 2022. Through this system, increases in raw material prices can be automatically reflected and incorporated into construction costs. This system, however, is not mandatory under the current law, and several bills to amend the Fair Transactions in Subcontracting Act (the “Subcontracting Act”) are being introduced one after another.

News & Analysis

asialaw Awards 2022/23 - WINNERS ANNOUNCED

30 September 2022 by asialaw

Check out the full list of asialaw Awards 2022/23 winners here...

News & Analysis

DEAL OF THE MONTH - SEPTEMBER 2022

22 September 2022 by asialaw

asialaw's Deal of the Month for September 2022 is...

News & Analysis

asialaw Awards 2022/23 – Join us now!

16 August 2022 by asialaw

asialaw is pleased to present our awards virtual ceremony...

News & Analysis

Updates on the Procedures for Obtaining Construction Business Entity Certificates (SBU)

21 February 2022 by Makarim & Taira S - Indonesia

The Ministry of Public Works and Housing (“MPW”) has issued the Circular Letter No. 21/SE/M/2021 on The Procedures for Fulfillment of the Business License Requirements, the Implementation of Construction Work Competence Certification, and the Implementation of Business Entity Certificates and Construction Work Competence Certificates (“Circular Letter”). Previously, the construction licensing is scattered into a few online platforms, such as the MPW’s online portal and Integrated Construction Services Information System (“SIJK”).

News & Analysis

asialaw Awards 2021 - WINNERS ANNOUNCED

30 September 2021 by asialaw

asialaw is proud to announce the winners of the fourth annual awards for the best firms, teams, lawyers, as well as deals and cases throughout Asia-Pacific over the past 12-18 months.

News & Analysis

asialaw 2022 rankings - NOW LIVE

16 September 2021 by asialaw

The 2022 edition of the definitive guide to Asia's leading law firms is now live

News & Analysis

The interaction between the doctrines of subrogation and strict compliance in relation to performance bonds

08 September 2021 by Gurbani & Co - Singapore

The article aims to examine the interaction between the doctrines of subrogation and strict compliance in performance bonds.