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…

New Trade Deal Signed By 11 Countries

New Trade Deal Signed By 11 Countries

New Trade Deal Signed By 11 Countries Eleven countries in the Trans-Pacific Partnership free trade agreement recently sent a strong message to Washington against its increasing protectionism in trade. The countries proceeded to sign a new deal known as The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). It was signed in Santiago, Chile, by…

RM14 Billion In Investments Since 2011

E-Newsletter April 2018

Dear Valued Clients, Welcome to our E-Newsletter April 2018 Driven by a resilient domestic demand, the Malaysian economy has seen exceptionally good performance last year. In 2018, the first quarter displayed a better-than-expected performance. According to projection by the government, gross domestic product (GDP) of Malaysia is expected to grow between 5.5% and 6% in…

IT Companies in Malaysia

IT Companies in Malaysia

IT Companies in Malaysia Malaysia was generally known as a country focused on plantation, for the most part. Palm oil and rubber were the country’s major exports and the nation was highly dependent on these commodities. But in 1991 the former Prime Minister of Malaysia, Datuk Seri Dr. Mahathir bin Mohamad initiated Wawasan 2020 during…

XBRL in Malaysia

XBRL in Malaysia

XBRL in Malaysia Extensible Business Reporting Language, which is also known as XBRL, is an electronic language designed to enable the automation of business information requirements, i.e. the preparation, sharing and analysis of financial reports, statements, and audit schedules. Governments, regulators, and other organisations in many nations have adopted XBRL as it automates the process…