Nominee business structures – heightened scrutiny in Malaysia

While Malaysia has been taking active steps to liberalise foreign direct investment (FDI) restrictions in recent years, restrictions in a number of business sectors remain. For example, the banking, telecommunications, construction, engineering, health, education, and energy sectors, among others, are still subject to varying degrees of FDI restrictions. Read more

Bank Negara to finalise Climate Change and Principle-based Taxonomy

Bank Negara Malaysia has recently announced this month that it will soon be finalising a Climate Change and Principle-based Taxonomy which aims to provide a common language to categorise economic activities based on their impact on climate change and facilitate financial flows to activities that support the transition to a lower carbon economy. Read more

Covid-19: Proposed legislation provides temporary relief

On 25 August 2020, the Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (COVID-19) Bill 2020 (Bill) was passed by the Dewan Rakyat. The Bill seeks to provide temporary measures to mitigate the financial and social impact of Covid-19. Read more

Investing in Southeast Asia: Malaysia

While Malaysia’s economic growth is anticipated to remain moderately slow for the remainder of 2020, the mix of tax incentives provided by the Malaysian government, modest valuations of targets, low cost of funds and the lower Ringgit will provide value for companies looking to make investments into the Malaysian market. Read more

Latest Brexit developments: the future of Malaysia-UK/EU relations

The UK has officially left the European Union on 31 January 2020 as part of the Brexit process. While the recent UK election may have allayed short-term concerns, Malaysian businesses with operations in the UK and EU will be watching developments closely to see if any longer-term clarity can be established. Read more