2022 National Economic Recovery Is Underway with SSM New Initiatives Announcement SSM (Suruhanjaya Syarikat Malaysia), also known as The Companies Commission of Malaysia, announced several new initiatives that will boost national economic recovery in 2022. SSM announced several new initiatives, as well as the continuation of the existing five initiatives that were introduced in 2021.…
Considering the Present and Future of Remote Work in Malaysia The proverbial rat race is no longer a reality of the 21st-century workplace. Pivotal new norms and technology are rewriting how we work. Having the flexibility to tailor a work-life balance is a powerful empowerment tool. This places the spotlight squarely on the future of…
The Fundamentals of Producing a Post-COVID Business Plan in Malaysia Research suggests that as the world moves forward, the commercial arena will be facing changes and challenges. In terms of businesses, those who survive may choose to return to a pre-pandemic way of doing things. Others may embrace the opportunity and employ pivotal strategies that…
An Insight on Prohibited and Restricted Businesses in Malaysia Malaysia is the land of opportunity with a dynamic manufacturing and services sector. The Government is also keen to transform the country into a digital-first economy via the MyDIGITAL initiative. These, and more, make Malaysia highly attractive to both local and foreign investors alike. However, entrepreneurs…
Malaysia’s Finance Minister: GST for the Better? As the Minister of Finance, Zafrul stresses that fiscal reforms are imminent for increasing expenses. The COVID-19 pandemic heavily dampened the government’s revenue; he notes that Malaysia’s direct burden is about to exceed RM1 trillion in 2022. Therefore, requiring more productive debt-paying to sustain the slow economic growth. …
An Entrepreneur’s Checklist on Malaysia Immigration Options Starting a business is challenging, and it can be even more taxing in a new country. Visas and immigration concerns consistently rank high in any non-native entrepreneur’s to-do list. The good news is that most governments streamline the process to attract foreign investment. A great example of this…
EPF’s Gross Investment Income Up 7.7% In First Nine Months of 2021 Good news for EPF holders in Malaysia as analysts are anticipating that the EPF payments might reach as high as 6%. For the year 2021, economists forecast a larger dividend payout for Employees Provident Fund (EPF) contributors. The dividend for the previous year…
Manufacturers in Malaysia Are Urging Putrajaya to Reinstate GST and Prioritise Economic Recovery Given the weak domestic and external environments caused by Covid-19, priority should be given to strengthening the economy and restoring more favourable business conditions. This is according to the Federation of Malaysian Manufacturers (FMM). This situation is concerning because the debt servicing…
All You Need to Know About the Golden Visa in Malaysia Malaysia is an attractive and lucrative trade hub that draws substantial foreign investment. Its ideal location, low cost of living and well-developed infrastructure make it idyllic for businesses and start-ups. Many foreigners call Malaysia home, and an easy way to do so is with…
Dear Valued Customers, Welcome to our first letter for the year 2022! On behalf of everyone at 3E Accounting, we wish you and your families a very Happy New Year. We’re very pleased to start 2022 on such a positive note with several highlights to share that have been happening across Singapore, Malaysia, and Hong…