Human Resources Development Fund (HRDF)

What is HRDF?

What is HRDF? The Human Resources Development Fund (HRDF) was established under the legal requirements of the Human Resources Development Act 1992 ( currently known as the Pembangunan Sumber Manusia Berhad Act 2001). The HRDF is a pool of funds that consists of Human Resources Development levies collected from employers of the manufacturing and service…

why invest in Malaysia

Malaysia – a leading investment hub in Asia

Malaysia – a leading investment hub in Asia KUALA LUMPUR: Last year alone, Malaysia signed a total 14 agreements with China totalling close to RM144 billion ranging from property development, steel manufacturing and technology. According to Malaysian Prime Minister, Datuk Seri Najib Abdul Razak, the economic trade between the two nations had grown tremendously and…

3E Accounting Newsletter

E-Newsletter February 2017

Dear Reader, Welcome to our E-Newsletter February 2017 Our Expansion Quest We would like to take this opportunity to share with you our excitement in welcoming another 2 new members from across the globe, to our 3E Accounting International network. We have recently completed our partnership agreement with our new members, Wisteria Ltd from United…

MASB issues amendments to several Standards and a new Interpretation

MASB issues amendments to several Standards and a new Interpretation (29 December 2016)

MASB issues amendments to several Standards and a new Interpretation (29 December 2016) The Malaysian Accounting Standards Board (MASB) has today issued a few amendments to certain existing Standards and one new Interpretation. They are: (1) Malaysian Financial Reporting Standards (MFRSs) > Applying MFRS 9 Financial Instruments with MFRS 4 Insurance Contracts (Amendments to MFRS…

Price Control and Anti-Profiteering Regulations

Price Control and Anti-Profiteering Regulations 2017

Price Control and Anti-Profiteering Regulations 2017 In a bid to protect the rights and interests of consumers as well as to curb profitering, the Domestic Trade, Cooperatives and Consumerism (KPDNKK) ministry announced the enforcement of the Price Control and Anti-Profiteering Regulations 2016 (Mechanism To Determine Unreasonably High Profits for Goods) which came into force on…