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…
DetailsNo more Change In The Registered Address lodgments at SSM counters Beginning December 1, 2017, all lodgments of the Notification of Change In The Registered Address (CRA) through the Companies Commission of Malaysia (SSM) counters will be rejected. This includes all counters at SSM’s head office, state offices and branches. According to a recent announcement from the SSM,…
DetailsEPF Encourage Use of Electronic Transactions for Contribution Payments MALAYSIA: The Employees Provident Fund (EPF) is working with Bank Negara Malaysia (BNM), Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) and local banks to minimise the usage of cheques and cash by encouraging the use of electronic payments. Campaigns to educate employers and encourage them to…
DetailsManaging director pleads guilty to providing false information A 59-year-old managing director in Malaysia, Goh Hee Seng pleaded guilty to two charges under Section 364 (2) of the Companies Act 1965 for providing false information to the Company Registrar with regards to an application to strike off a company name under Section 308 (1) of…
DetailsRevised Salary Requirements to Hire a Foreigner in Malaysia What Is an Employment Pass? Are you keen on experience work life in Malaysia and all the country has to offer? Malaysia is a country with no shortage of opportunity and despite being small in size, it has more than enough room for both locals…
DetailsCompulsory 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%…
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