RM14 Billion In Investments Since 2011

New Government Will Be Business-Friendly

Dear Valued Clients, New Government Will Be Business-Friendly While the world is cheering Tun Mahathir-led opposition’s stunning victory over the ruling party, both local and international investors are eyeing Malaysia’s economic performance after the opposition alliance’s historic win.   What Does Malaysia 14th General Election’s Result Mean for the Country’s Economic Outlook? Undoubtedly, the surprise…

masb issues revised framework

MASB Issues Revised Framework

MASB Issues Revised Framework On April 30, 2018, the Malaysian Accounting Standards Board (MASB) issued a revised Conceptual Framework for Financial Reporting and amendments to fourteen Standards under the Malaysian Financial Reporting Standards Framework. According MASB Chairman, Mohamed Raslan, the revised Conceptual Framework and Amendments to References to the Conceptual Framework in MFRS Standards are word-for-word…

Former Malaysian Prime Minister Makes Historic Return

Former Malaysian Prime Minister Makes Historic Return

Former Malaysian Prime Minister Makes Historic Return Malaysian prime minister Mahathir Mohamad created history when he became the world’s oldest political leader after claiming a shock victory in the nation’s recent general election. He is also the country’s longest-serving Prime Minister in Malaysia after previously holding the office from 1981 to 2003. The 92-year-old was…

E-Newsletter

E-Newsletter May 2018

Dear Valued Clients, Welcome to our E-Newsletter May 2018 With the 14th General Election just around the corner, Malaysia is now seeing its best performance among its peers – the emerging Southeast Asian markets. As of now, the FTSE Bursa Malaysia KLCI Index has already outperformed its peers with an 8 % rally this year…

Narrow – Scope Amendments to Pension Accounting in Malaysia

Narrow – Scope Amendments to Pension Accounting in Malaysia The Malaysian Accounting Standards Board (MASB) recently issued narrow-scope amendments to pension accounting. The amendments to the Malaysian Financial Reporting Standards (MFRS) Employee Benefits are word-for-word Plan Amendment, Curtailment or Settlement (Amendments to IAS 19) issued by the International Accounting Standards Board. Under the amendments, an…