What Does the New Government Mean for Malaysia in Terms of Business? Malaysia, the fourth largest economy in Southeast Asia, has always been known for its high labor productivity and its diverse economy. For the first time in 61-years, the country has a new government, a significant win in the country’s history since it gained…
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…
Steps to Start Your Small Business in Malaysia Do you have a burning desire within you to break free and start something new? Starting a new business is something a lot of people have thought about, some went on to do it, while some chose to remain in their jobs because of the stability, predictability…
Goods And Services Taxes (GST) Does Not Burden The People, Says Malaysian Premier Malaysian Prime Minister, Datuk Seri Najib Abdul Razak said the introduction of the Goods and Services Tax (GST), although unpopular, was the right decision in view of changing economic circumstances. He said the GST was only imposed after extensive studies were carried out…
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…
How to Start a Business in Malaysia If starting a business in Malaysia is something you’ve always had on your mind, there’s no better time than right now to do it. And when you are ready to begin your new venture, the first thing you’re going to be thinking about would be where should I…
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…
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 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…
3E Accounting Malaysia is Choosen To Be Award Winners Accountancy Firm of the Year 2018 by Corporate LiveWire Finance United Kingdom – 27th of March – Today marks the release of the Corporate LiveWire Finance Awards 2018 winners guide. 3E Accounting Malaysia is Choosen To Be Award Winners Accountancy Firm of the Year 2018 by…