On September 29, 2023, the Inland Revenue Board of Malaysia (IRBM) issued the updated e-Invoice Guideline (Version 2.0), superseding the earlier directives issued on July 21, 2023. The revised e-Invoice Guideline 2.0 incorporates additional details on exemptions from e-invoicing and introduces a broader range of optional fields for enhanced electronic invoicing. With the new and …
In today’s fast-paced business world, procurement plays a crucial role in an organisation’s success. Efficient procurement processes can lead to cost savings, improved supplier relationships, and enhanced overall competitiveness. To achieve these benefits, organisations are turning to technology to streamline and optimise their procurement operations. In this article, we will explore how you can …
Using Technology for Cost-Effective Procurement: A Guide to Improve Efficiency Read More »
In today’s interconnected world, efficient and transparent governance practices are essential for organisations. The emergence of transformative technologies like automation, digital transformation, and blockchain have opened up new possibilities for enhancing corporate governance. These innovations offer opportunities to improve transparency, streamline operations, and optimise decision-making processes. This article will explore how automation, digital transformation, and …
Technology and Innovation in Corporate Governance Read More »
In the realm of corporate governance, conflict of interest can pose a significant threat to the integrity and transparency of listed companies. This article explores the various types of conflict of interest that can arise in listed companies and examines Malaysia’s regulatory framework designed to ensure fair and ethical practices. We also addresses the implications …
Navigating Conflict of Interest in Public Listed Companies Read More »
On 26 May 2023, Bursa Malaysia Securities Berhad (‘the Exchange’) announced amendments to both the Main Market Listing Requirements (‘Main LR’) and the ACE Market Listing Requirements (‘ACE LR’) (collectively ‘LR’). The amendments are part of the Exchange’s on-going efforts aim to improve the effectiveness and relevance of the LR. The amendments focus on two …
Amendments to Bursa Malaysia Listing Requirements Read More »
ISO certifications are internationally recognised standards that specify requirements for various management systems. There are several types of ISO certifications available, each focusing on a specific area of management, such as quality, environment, food safety, and information security. 1. ISO/IEC 27001 – Information Security Management Systems (ISMS) ISO 27001 is a well-recognised standard that …
An Initial Public Offering (IPO) is the listing of shares on a public exchange, and is often seen as a prestigious milestone in a company’ s life cycle. Essentially, a company transfers its private ownership to a public one by offering its shares to institutional and retail investors, hence, the term “going public”. In …
Listing a Company on Bursa Malaysia – Key Things to Know Read More »
E-commerce has exploded exponentially, especially with the fall-out of the COVID-19 pandemic. With relatively low upfront costs and many great plug-and-play e-commerce platforms, it is now easier than ever to set up an online business. We have put together a step-by-step guide on how to start. Whether you are creating a new business or …
In Malaysia, companies are subject to several types of taxes such as corporate income tax, sales & service tax (SST), payroll tax, and withholding tax. It is important to understand the taxes that are applicable to your business to ensure full compliance with the tax law and regulations required by Inland Revenue Board (LHDN). …
Talk of a possible global recession has been widespread with a number of economists predicting it could happen in 2023. With the prospect of a downturn looming, consumers generally stop spending money or look for ways to cut costs because of uncertainty about the future. This has a knock-on effect for businesses everywhere. The …