The 2024 EY International Tax and Transfer Pricing Survey reveals that global tax reforms, technological inefficiencies, and economic volatility are exerting considerable pressure on the transfer pricing (TP) functions of businesses. Transfer pricing plays a pivotal role in global organizations, managing internal transactions such as cross-border subsidiary payments, property leases,...
WorldFirst, a one-stop digital payment and financial services platform for global businesses, especially SMEs in international trade, has launched WorldTrade, a new payment solution for global sourcing to bolster the security and speed of cross-border payment for international SMEs that procure goods from suppliers based in China, while ensuring the...
Malaysia External Trade Development Corporation (Matrade) and Amazon Global Selling are strengthening collaboration to enhance the development of cross-border e-commerce in Malaysia in response to growing demand from Malaysian businesses. The two parties will join hands to offer quarterly outreach events throughout 2024 to raise awareness of cross-border e-commerce and...
FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, has released findings from its latest research report conducted in partnership with Forbes Insights, which aimed to identify key international growth trends for SMEs in the Asia Pacific region over...
Employment Hero, a global leader in payroll processing managing over US$100 billion annually, announces its strategic acquisition of Employment Innovations, one of the largest managed payroll providers in the world. This landmark acquisition will vastly accelerate the development world's first fully automated payroll offering through its new Managed Payroll service...
  The corporate landscape is undergoing a profound transformation, with a heightened focus on social responsibility. Leading the paradigm shift is the IQNET SR10 Social Responsibility Certification introduced by SIRIM QAS International, a division of SIRIM Bhd. This certification stands as a pivotal stride towards fostering sustainable corporate practices, not only...
In line with the government's dedication to positioning Malaysia as the preferred investment hub for both local and international investors and enterprises, Hong Leong Bank (HLB) has recently entered into a strategic partnership with the Malaysian Investment Development Authority (MID). This collaboration aims to bolster the overall investment landscape and...
Half of Malaysian workers are willing to leave their jobs if there are inadequate career progression opportunities, but 55% would stay if satisfied, even without advancement prospects. According to Randstad Malaysia’s Workmonitor Research, career ambitions now encompass personal satisfaction and holistic work experience. Randstad, the world’s largest talent agency, released...
CTOS, Malaysia’s leading credit reporting agency, today joined forces with airasia academy, for an exclusive SME networking and edutech session at airasia academy’s training quarters. The collaboration, which encompasses strategic business education in the realms of digital marketing and branding, as well as networking opportunities, marks a pivotal step in...
Malaysia has established its own energy exchange, Energy Exchange Malaysia (Enegem), to facilitate cross-border trading of green electricity. The initiative kicks off with a pilot auction aiming to export 100 megawatts (MW) to Singapore, leveraging existing infrastructure. The pilot auction is exclusively accessible to entities holding an electricity generation and/or...
Malaysia is looking to stimulate its startup scene as it strives to rank among the top 20 global startup ecosystems by 2030. Minister of Economy Rafizi Ramli recently announced the KL20 Summit, to stimulate Malaysia's startup scene. The Malaysian government is committed to making the country a hub for startups....
In conjunction with the holy month of Ramadhan, Hong Leong Islamic Bank provided financial guidance to visitors at the Ramadhan Bazaar at Dataran Putrajaya through a dedicated financial advisory pop-up booth, empowering Malaysians with financial tools, services, and knowledge. Partnering with national news agency BERNAMA, the Bank also spread warmth...

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