The Greater China IP Updates – July 2024

July 18, 2024
Taiwan Revises Rules for Hearings on Patent Invalidation Cases The Taiwan Intellectual Property Office has introduced new “Guidelines for Hearings on Patent Invalidation Cases” in order to improve the quality of the hearing process.  Some of the most significant revisions are as follows: More regulations have been added to the pre-hearing preparation stage. As well as the existing rules governing conducting the hearing and admissibility of documents and evidence, the amendment now adds regulations pertaining to organization and simplification of the disputed issues, clarifies the post-grant amendments of disputed patents, and specifies procedures for agreement on key points of defense and offense during the hearing process. Besides being responsible for examining the patent invalidation case, the presiding officer for the hearing will now be allowed to share thoughts on factual, legal and evidential disputes in order to render the process more transparent. Hearings can now be conducted via video conferencing, enabling participants to join from office or home. This will also make it easier for international participants to join which is the common global trend. In the case when a party is absent from the proceedings, the examiner will still be able to hold a “one-party hearing”. However, the hearing should be rescheduled if the absent party did not receive proper notification of the hearing, or the attending party cannot provide necessary evidence for matters to be investigated by the examiner, or the matter presented by the attending party was not provided to the other party within a reasonable length of time. The summary of the hearing shall be recorded and supplemented with audio or video recordings to simplify...

An Essential Guide to Securing a 9(g) Commercial Visa in the Philippines

July 1, 2024
Mark Benjamin C. Yam Rachelle Ann L. Go On 10 March 2024, the Bureau of Immigration (“BI”) reported that approximately 153,000 foreign national (“FN”) holders of immigrant and non-immigrant visas took part during the 2024 Annual Report requirement of the BI. This is 13% higher than the 136,065 FNs who participated in the previous year’s Annual Report.1 Of note is the fact that a large percentage of the FNs who have been granted non-immigrant visas are those who have been granted the Pre-arranged Employment Visas (i.e., 9[g]). In its Accomplishment Report for the year 2023, the BI reported that the Board of Commissioners (“BOC”) had approved 72,472 9(g) Commercial Visas in 2023 and 59,885 visas in 2022 and 3,454 9(g) Missionary Visas in 2022 and 3,980 visas in 2023.2 The foregoing figures show that there is an increase in the number of FNs who have expressed their intention to work in the Philippines on a long-term basis (i.e., at least one [1] year). While there are other non-immigrant visas that a FN may apply for to work in the Philippines, this article will focus on the steps and requirements to secure a 9(g) Commercial Visa. It is important to also point out that Philippine law requires that a foreign national working in the Philippines should secure work authorization, whether in the form of a 9(g) Commercial Visa, or a temporary work permit. Background on the 9(g) Visa Section 9(g) and Section 10 of the Commonwealth Act No. 613, as amended, or the “Philippine Immigration Act of 1940” provides that FNs who intend work in the Philippines under prearranged employment may...

A Seat at the Table – Why in-House Counsel is Crucial for ESG success

June 27, 2024
Pedro Massena with Rahul Prakash Twenty years ago, if a CEO was asked to merge sustainability with their corporate strategy they would have assumed someone was trying to sabotage the business. Changing the focus away from profits was unthinkable. But in-house legal teams have proven critical for finding ways to make sure sustainability doesn’t need to bite into the bottom line. In the bustling and diverse Asia-Pacific region, Environmental, Social, and Governance (ESG) principles have rapidly reshaped how businesses operate. From the vibrant markets of Southeast Asia to the technological powerhouses of Japan, China and South Korea, companies are slowly learning how to navigate a complex yet rewarding path toward a more profitable – and sustainable – growth. This journey is not just about compliance; it’s about innovation, resilience and longterm prosperity. The Asia-Pacific is a dynamic mosaic of cultures and economies, where each company shares the same value of contributing in their own way to a larger, cohesive picture of sustainable development. Here, ESG isn’t just an acronym – it’s written into the business culture. Governments and businesses alike are crafting robust frameworks to combat climate change, enhance transparency into their supply chains and promote social equity. Take Singapore’s Green Plan 2030, for instance. It’s a bold roadmap aiming for carbon neutrality and sustainable living. Or consider China’s ambitious goal to achieve carbon neutrality by 2060, which is already driving a massive shift towards renewable energy and eco-friendly practices. The stakes are high, given that the planet’s ecosystem may just be at risk. But the rewards of ESG are even higher. Investors are increasingly drawn to companies with...

ESG and Legal Trends in the Philippines

June 27, 2024
Kristin Charisse C. Siao, Carlo Augustine A. Roman The global push toward Environmental, Social, and Governance (“ESG”) practices in businesses of all sizes has seen rapid growth in recent years, with the Philippines being no exception to this growing movement. More and more, industry leaders and model organisations across the local business landscape have placed increasing emphasis on non-financial metrics that address critical social and environmental issues, with an eye toward making sure that business practices and investments will continue to be sustainable not merely on the basis of the balance sheet, but also society as a whole. Truly, investors in both the Philippines and abroad have become keener toward focusing on not just mere economic growth, but inclusive, balanced, and sustainable growth that can be maintained in the longer term. With this in mind, legislators and regulators in the Philippines have slowly but surely adjusted to the growing call for ESG monitoring and enforcement. As such, it is slowly becoming impossible for businesses to ignore social and ethical considerations when running their day-to-day affairs in this jurisdiction. Sustainability Reporting Guidelines for Publicly Listed Companies Consistent with global ESG trends and the push toward greater transparency for non-financial and sustainability issues –particularly in the present economic climate which prioritises environmental and social impact of businesses more than ever – the Securities and Exchange Commission (“SEC”) published Memorandum Circular No. 4, Series of 2019, or the “Sustainability Guidelines for Publicly Listed Companies (“PLCs”)” (the “SEC Sustainability Guidelines”), in order to help PLCs assess and manage non-financial performance across economic, environmental, and social aspects of their organisation. The reporting guidelines aimed...

The Greater China IP Updates – June 2024

June 27, 2024
Manufacturing Firms in Taiwan Increase R & D Spending The Ministry of Economic Affairs released data for 2023 showing listed manufacturing companies accelerated their research and development spending to a record high of NT 692.7 billion dollars in the face of a dip in sales and profits.  The spending was up 2.9% from 2022, driven mainly by expenditures by those in the electronic parts, computer products and optical components industries.  Companies in the electronic components sector spent NT 450.7 billion dollars on R & D last year, up 2.2% and accounted for 65.1% of overall spending, while those in the computer products and optical components sector spent NT 158 billion dollars, up 4% and contributing 22.8% of the total.  In terms of individual companies, global foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC) headed the list with R & D spending of NT 178.7 billion dollars, up 11.1% from 2022 and accounted for 25.8% of the total.  Smartphone chip designer MediaTek Inc. came in second with spending of NT 80.6 billion dollars and networking chip designer Realtek Semiconductor Corp. was in third place at NT 20.1 billion dollars.  Despite the inclement economic weather, firms in Taiwan have still been developing technologies to maintain their leading edge in the market. Summary of Operating Procedures for Accelerated Examination of Trademark Applications in Taiwan The Trademark Act was amended last year to cater to those who needed an accelerated examination of their trademark application.  The amendment came into effect on May 1, 2024.  To help applicants prepare for the accelerated examination, the Operating Procedures for Accelerated Examination of Trademark Applications were announced on...

IHC Magazine: June 2024 issue with focus on ESG

June 11, 2024
Welcome to the latest edition of the IHC Magazine which is directly distributed to over 40,000 legal professionals including more than 17,000 in-house counsel in Asia and Middle East. In this edition of the IHC Magazine, we delve into a topic of increasing importance and relevance in the legal landscape: Environmental, Social, and Governance (ESG) criteria. As the world rapidly evolves, ESG considerations are becoming integral to business operations, risk management, and strategic planning, making it essential for legal professionals to stay informed and adept in these areas.