Compulsory Use of Biodegradable and Compostable Plastics in Malaysia Malaysia has since enforced the compulsory use of biodegradable and compostable plastics bags and food containers in the Federal Territories. Following this, it was reported that the price of plastic bags is expected to increase by three to sixfold, while food containers will cost about 30%…
Dear Reader, E-Newsletter September 2017 Malaysia’s investment outlook for 2017 appears positive despite the volatile international financial markets, subdued commodity prices, uncertain economic policies and more intense regional competition. Malaysian economy manages to weather through all the challenges and maintain sustainable growth in many aspects. Pakistan Joins 3E International Network 2017 was an exciting year…
IKEA makes Malaysia it’s ASEAN Distribution and Supply Chain Centre Malaysia has been chosen as the location for IKEA to set up its Regional Distribution and Supply Chain Centre for Asean. Noted as a strategic decision by the world’s largest furniture retailer which is headquartered in the Netherlands, the company is expected to invest RM908…
Start a Business in South Korea South Korea has today established itself as one of the world’s leading economies despite having a restriction on Direct Foreign Investment into the country. A strong interventionist government that dictates the policy and goals set for the local industry has not proved to be a hindrance for South Korea…
Company Audit Exemption in Malaysia – Good? Or Bad? Big news coming out of Malaysia this 4th of August 2017. While Singapore may have started their audit exemption back in 2003 on the 15th of May, 14 years later Malaysia is finally hopping on board the bandwagon and getting into the game with the same…
Small Companies in Malaysia Do Not Need Auditors under the Companies Act 2016 On 4 August 2017, the Companies Commission of Malaysia (CCM) issued a Practice Directive pursuant to Section 20C of the CCM Act 2001 and subsection 267 (2) of the Companies Act 2016 (CA 2016). The objective of the directive is to set…
Dear Reader, E-Newsletter August 2017 The year 2017 is another challenging one for the Malaysian economy; but through it all, we manage to weather the strong economic headwinds. Malaysia stood resiliently and slowly gained its traction as one of the investment hotbeds that outperform its peers in Southeast Asia. 3E Accounting, moving along with Malaysian…
3E Accounting Topped the List as the No.1 Online Company Registration Website in Malaysia Earlier this, 3E Accounting has topped the list as No.1 Online Company Registration Website in Malaysia, according to the online rankings by alexa.com in July 2017. The winning bid was an endorsement by the online community that 3E Accounting can deliver nothing…
Dear Reader, E-Newsletter July 2017 As we are moving into the next quarter of the year 2017, we can see that Malaysia’s economy recorded a robust growth in the past six months despite the weakening Ringgit. 3E Accounting today is emerging to be an internationally competitive and diverse corporation with core competitiveness in various aspects…
BURSA MALAYSIA SECURITIES BERHAD ISSUED NEW LEAP MARKET LISTING REQUIREMENTS Bursa Malaysia Securities Berhad (“the Exchange”) has, on 15 June 2017, issued the new LEAP Market Listing Requirements (“LEAP LR”) which governs the listing framework of the LEAP Market. The Exchange established a new market called the LEAP Market that is aimed at facilitating access…