Malaysia

Running a successful business today requires more than just strong sales or an innovative product. Organisations must navigate a complex environment shaped by regulatory requirements, financial pressures, technological disruption, and evolving stakeholder expectations. In this challenging environment, internal auditors have emerged as a critical resource—not just for managing risks, but also for driving sustainable growth …

What Value Do Internal Auditors Bring to My Company and Why Should We Engage One? Read More »

Whistleblowing has become a cornerstone of good governance and ethical business practices worldwide. In Malaysia, the importance of robust whistleblowing policies has grown in recent years as both public and private sectors work to combat corruption, fraud, and other forms of misconduct. With legislation in place and increasing corporate governance expectations, whistleblowing has become an …

Whistleblowing Policies and Their Importance Read More »

In a major step forward for data governance, Malaysia will begin enforcing the First Tranche of Data Protection Guidelines on 1 June 2025, pursuant to the Personal Data Protection (Amendment) Act 2024. These new guidelines introduce two critical obligations for organisations operating in Malaysia: the mandatory appointment of a Data Protection Officer (DPO) and mandatory …

Malaysia’s New Data Protection Guidelines: What Businesses Need to Know Read More »

Having explored the fundamentals of ESG in our previous article, this piece dives into how ESG strategies translate into real, measurable value and profitability. We will explore how companies in Malaysia are embedding it into their business models—from renewable energy investments to biodiversity programmes—to drive efficiency, de‑risk their operations, and grow revenues. 1. Operational efficiency …

How can ESG Practices Drive Value and Profitability? Read More »

On 16 December 2024, the Companies Commission of Malaysia (SSM) issued Practice Directive 10/2024, introducing new qualifying criteria for audit exemption.  These exemptions are designed to reduce the regulatory and compliance burden for micro, small and medium-sized enterprises in Malaysia while maintaining transparency and regulatory compliance. This Practice Directive is applicable for private companies (Sdn …

New Audit Exemption Criteria for Private Companies in Malaysia Read More »

ESG (Environmental, Social, and Governance) has become a pivotal framework for assessing corporate responsibility, sustainability, and investment opportunities. As both businesses and investors adopt ESG principles, understanding the key terminology becomes essential for navigating this growing domain. Breaking down ESG terminology 1. Carbon footprint A carbon footprint measures the total greenhouse gas (GHG) emissions associated …

A Comprehensive Guide to ESG and its Key Terms Read More »

Beneficial Ownership (BO) Who is a Beneficial Owner: A Beneficial Owner is always a natural person who ultimately owns or controls over a company through interest in shares and effective interest and includes an individual who exercises ultimate effective control over a company, regardless of whose name the shares are held in. Persons Responsible for …

Latest SSM Updates: Beneficial Ownership and MBRS 2.0 Submissions Read More »

As businesses look toward 2025, they are entering an era defined by rapid technological innovation, shifting market demands, and a stronger societal focus on sustainability. The lessons learned from the pandemic and the ensuing global disruptions have reinforced the importance of adaptability, long-term vision, and a holistic approach to business strategy.  The next few years …

Business Planning for 2025: Embracing Change and Shaping the Future Read More »

Safeguarding your company’s assets is crucial for maintaining stability, ensuring operational efficiency, and achieving long-term growth. Whether these assets are tangible—like property, machinery, and inventory—or intangible, such as intellectual property, customer data, and brand reputation, they are the backbone of your business. Leaving them vulnerable to risks like theft, fraud, cyberattacks, or mismanagement can lead …

How to Safeguard Your Company’s Assets Read More »

Employee well-being has become a focal point for modern organisations, impacting everything from productivity to employee retention. As businesses recognise that their most valuable assets are their people, the importance of fostering a healthy workplace culture has never been more evident. This article delves into the specifics of what constitutes employee well-being, the tangible benefits …

Employee Well-Being in the Workplace: Fostering a Healthy Culture Read More »