by Reach.QMA | th Jan 2025 | Compliance
Malaysia’s oil and gas industry is a cornerstone of the nation’s economy, contributing approximately 20% to GDP and playing a vital role in global energy markets. Led by PETRONAS, the national oil company, the sector encompasses upstream activities like exploration...
by Reach.QMA | th Jan 2025 | Compliance
Malaysia’s manufacturing industry stands as a pillar of the nation’s economy, contributing 23.8% to GDP and accounting for 82.6% of total exports, valued at RM1.31 trillion in 2023. The electronics and electrical (E&E) sector, in particular, drives this success,...
by Reach.QMA | th Jan 2025 | Compliance
Malaysia’s oleochemical industry, a cornerstone of the nation’s palm oil sector, plays a pivotal role in the global market, contributing 20% of the world’s oleochemical capacity. With an export value of RM37.2 billion in 2022 and a projected market size of RM157.59...
by Reach.QMA | th Jan 2025 | Compliance
The Inland Revenue Board of Malaysia (IRBM) released the updated Malaysian Transfer Pricing Guidelines 2024 (MTPG 2024) on 24 December 2024, requiring businesses to adapt to new rules, thresholds, and compliance expectations which apply retrospectively from the Year...
