Search Results for: Malaysia
10 results out of 766 results found for 'Malaysia'.
DIGITISATION OF HR IS GROWING ACROSS ASIA
A GROWING trend of digitising HR – or simply put, developing human resources using machines – is sweeping Asia’s HR sector. And it has brought with it many challenges and risks that the industry need to take note of, experts warn.…
CHIPITA SAYS REPORTED SLOVAK DEAL IS NOT FOR SURE
Greek savoury snacks specialist company Chipita has refused to confirm or deny reports that it plans to build a new plant for its products in Slovakia. The company told just-food.com that “it is interested in many markets (including Slovakia) and is constantly looking for opportunities.…
EUROPEAN COMMISSION WARNS WINE AND SPIRITS TOP OF 2016 NEW TRADE BARRIER LIST
THE EUROPEAN Commission has reported that wines and spirits were the subject of more new foreign trade barriers to EU exports during 2016 than any other sector. Its ‘2016 trade and investment barriers report’ said there were seven such new restrictions.…
ASIA REGULATORY ROUND UP – SINGAPORE TO REVIEW DOUBLE TAXATION AGREEMENTS FOR TAX EVASION LOOPHOLES
Singapore will review its 80 bilateral agreements on avoiding double taxation to ensure they do not help companies avoid paying tax where relevant business activity took place. This follows its signing the Organisation for Economic Cooperation & Development (OECD)-sponsored Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting.…
CHALLENGES OUTLINED FOR HR TEAMS TO HELP TACKLE WEAK PENSION SCHEMES ACROSS ASIA
THE HUMAN resources sector has been urged to put pressure on governments and investment fund managers in Asia to strengthen pension provisions as they deal with the consequences of rapidly aging populations.
And HR and economics experts have warned that corporate HR teams have a critical role to play in educating the workforce about the extent, however limited, of their pension provision and working with company bosses to strengthen policies within their organisations to compensate for the lack of robust schemes in existence.…
INTERNATIONAL REGULATORY ROUND UP – BANGLADESH POISED TO RATIFY EMERGING MARKET TRADE DEAL
GLOBAL knitwear outsourcing centre Bangladesh is expected to soon ratify the emerging market D-8 PTA preferential trade agreement, newspaper reports in Dhaka say, indicating the government may have loosened demands over rules of origin. Bangladesh has been pushing for its manufacturers to gain privileged access to D-8 markets (Iran, Indonesia, Malaysia, Pakistan, Nigeria and Turkey, as well as Egypt if it also ultimately ratifies), if 30% of value in a product is created within Bangladesh.…
INNOVATIVE MALAYSIAN COMPANY BRIDGES DIGITAL GAP IN CONVENTIONAL GARMENT MAKING
BRIDGING the digital divide in a largely conventional and labour- intensive industry such as garment and textile manufacturing is often a challenge. But Malaysia’s G.PRO Technologies – an arm of Apparel Alliance Sdn Bhd – is re-defining shop flow operations in the apparel business with its innovative software and hardware – helping the industry transition towards digitalisation. …
PLANNED SOUTH AFRICAN AUDIT FIRM ROTATION SPARKS DISCORD AMONG ACCOUNTS
THE PLANNED introduction of mandatory audit firm rotation (MAFR) by the South African Independent Regulatory Board for Auditors (IRBA) has sparked widespread dissention within the country’s business and accounting communities This is despite that the reform’s goal is to strengthen auditor independence and audit quality and that there are some calls for the move to be brought forward from the current introduction date of April 1, 2023.…
ASIA REGULATORY ROUND UP – MALAYSIA LAUNCHES NEW CORPORATE GOVERNANCE CODE
Securities Commission Malaysia (SC) has released a new Malaysian Code on Corporate Governance (MCCG). This revised guidance encourages the development of corporate governance culture, not just within listed companies, but also state-owned enterprises, small-and-medium sized enterprises (SMEs) and licensed intermediaries. This code includes 36 practices to support strong board leadership; effective audit, risk management, and internal controls; and solid corporate reporting.…
VIETNAM WORKS TO BOOST PARTS PRODUCTION TO STRENGTHEN OVERALL AUTO SECTOR – BUT IS IT TOO LATE?
VIETNAM is working hard to develop an upstream parts manufacturing base, but this goal is proving hard to achieve and meanwhile, regional liberalization through the Association of Southeast Asian Nations (ASEAN) is threatening the country’s auto assembly segment.
In many ways, it is crunch time for Vietnam’s auto sector.…