Malaysia Wants to Improve Productivity in Palm Oil Industry

Malaysia Wants to Improve Productivity in Palm Oil Industry

Expanding the Yield Through Sustainable Policies Malaysia wants to improve the productivity of its palm oil industry and is committed to establishing policies for sustainable cultivation of palm oil to improve the palm oil yield and productivity. Malaysia’s Ministry of Plantation Industries and Commodities (MPIC) plans to implement several new policies. These policies will seek…

Adopting and Implementing IFRS in Malaysia

Adopting and Implementing IFRS in Malaysia

Reasons Why Implementing IFRS in Malaysia is Necessary In 2006, the Malaysian Accounting Standards Board (MASB) adopted the International Financial Reporting Standards (IFRS). Accordingly, with this decision come the changes in how Malaysian companies measure and record economic transactions. Implementing IFRS in Malaysia is an action to unify accounting standards globally. Why is this IFRS…

Malaysia as a Global Accounting Hub

Malaysia as a Global Accounting Hub

Malaysia Rises to Become a Global Accounting Hub Multinational companies are now looking into Malaysia to house their accounting and finance functions. This is because of the growing number of competent accountants in the country. As a result, Malaysia is rising to compete globally when it comes to the accounting profession. Malaysia becoming a global…

Bookkeeping Tips for Singapore Startups

Bookkeeping Tips for Singapore Startups

5 Bookkeeping Tips Every Singapore Startup Should Know Starting a business requires close attention to financial records. The capital is limited, so as much as possible, you would want to maximize your money for functional purposes. Further, if you are expanding on a new location, it is especially important to have tight control of how…