Round-the-clock breaking news from Malaysia.
Thailand is implementing a nationwide prohibition on alcohol sales for two days starting July 29 to observe Asalha Bucha Day and Buddhist Lent Day, with strict enforcement and significant penalties for violations.
The Malaysian government is set to review its e-invoicing requirements and the 2% mandatory EPF contribution for foreign workers, following Barisan Nasional's business-focused proposals submitted to the Cabinet.
Malaysia's cabinet has resolved to undertake a comprehensive review of the e-Invoice system implementation, according to Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.
A Singapore porridge restaurant proprietor has been charged with tax evasion totalling nearly S$3.8 million and money laundering involving luxury cars and millions in cash, marking a significant enforcement action by tax authorities.
Malaysian banks are increasingly requiring companies to submit environmental, social and governance reports when applying for loans, creating both challenges and opportunities for businesses seeking access to capital.
Parliament has passed amendments to the Employment Insurance System Bill introducing progressive penalties ranging from RM1,000 to RM5,000 for employers who fail to notify PERKESO of vacancies, aiming to strengthen job-matching efforts while supporting compliance.