Malaysia Wants to Improve Productivity in Palm Oil Industry

Malaysia Wants to Improve Productivity in Palm Oil Industry

Expanding the Yield Through Sustainable Policies Malaysia wants to improve the productivity of its palm oil industry and is committed to establishing policies for sustainable cultivation of palm oil to improve the palm oil yield and productivity. Malaysia’s Ministry of Plantation Industries and Commodities (MPIC) plans to implement several new policies. These policies will seek…

Second Phase of Interest Rate Benchmark Reform

Second Phase of Interest Rate Benchmark Reform

Changing Interest Rates Needs Amendments to Financial Reporting Standards As banks worldwide are consistently changing their interest rate benchmark, financial reporting standards are affected as well. As such, the second phase of interest rate benchmark reform amendments will take effect accordingly. The implementation of this shall take effect for financial reporting beginning in January 2021.…

The RM58b Investment in Malaysia 2020 Target Can Be Achieved

The RM58b Investment in Malaysia 2020 Target Can Be Achieved

RM58b Investment For Malaysia 2020 On Target Economic Action Council (EAC) Believes Target Is Achievable The investment target of RM58 billion for 2020 is achievable despite the COVID-10 pandemic. The EAC believes this target can be reached based on the confidence investors have demonstrated. Data from the Malaysian Investment Development Authority (MIDA) already shows that…