Personal Data Breach at Government Agencies – What Measures Can Be Taken?
In the third week of May 2022, the public’s attention was once again roused over an alleged data leak involving the personal information of 22.5 million Malaysians of the age between 18 and 82 years. It was reported that such personal information was allegedly leaked from the database of the National Registration Department (“NRD”). The …
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Circular Economy in Malaysia
Circular economy (‘CE’) is one of the solutions to climate change, biodiversity loss, waste, and pollution.1 It is a resilient system that is good for business, the environment and mankind as it decouples economic activity from the consumption of finite resources.2
Constitutional and Legal Framework for Sarawak, Malaysia: What Foreign Investors Need to Know
Sarawak or better known as the ‘The Land of the Hornbills’ is one of the jewels of Southeast Asia, known for its beautiful cities, multicultural ethnic population and its vast rainforests which makes it a popular tourist destination in Malaysia. From a foreign investors’ perspective, Sarawak is a goldmine brimming with economical potential.1 Sarawak was …
The Introduction of Merger Control Regime and the Impact on Businesses
Recently, the Malaysia Competition Commission (“MyCC”) released a Consultation Paper on the Proposed Amendments to the Competition Act 2010 (“Act 712”) inviting the public to share their feedbacks by 27 May 2022.1
Benefits of MSC Status Company for Foreign Investors to Malaysia in Technology
The Multimedia Super Corridor (“MSC”) was established by the Malaysian government to speed up the growth of the country’s digital economy.1 The MSC program aims to increase productivity, drive innovation, and enhance livelihoods.2 The MSC status provides eligible ICT-related businesses, local and foreign, with a broad range of incentives, rights, and privileges for the purpose …
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Registering a Trademark in Malaysia
“Trademark” is defined as any sign capable of being represented graphically, which is capable of distinguishing goods or services of one undertaking from those of other undertakings1.
Legal Aspects of Carbon Capture Storage (CCS) Facility in Malaysia
Carbon capture and storage (“CCS”) involves capturing, transporting and storing carbon dioxide from fossil fuel power stations, energy intensive industries, and gas fields by injecting the captured greenhouse gases into underground geological formations.1
Taxpayers’ Rights Pursuant to Section 106A of Income Tax 1967
In light of the latest sitting in Dewan Rakyat, there are few proposed amendments listed under the Finance Bill 2021 in which was tabled for its first reading in Dewan Rakyat. Specifically, the noticeable amendment was on the Section 106A of the Income Tax Act 1967.
Asia’s Giant Free-Trade Agreement Enters into Force
January 1, 2021 saw the ushering in of the Regional Comprehensive Economic Partnership (RCEP), the world’s largest multilateral trade agreement. The RCEP covers 15 states, including 10 ASEAN members, China, Japan, the Republic of Korea, Australia, and New Zealand. Their combined population is about 2.3 billion people, about 30 percent of the world total, with …
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Director’s Liabilities for Insolvent Trading Under the Companies Act 2016
The number of company insolvencies in Malaysia has turned substantial of late.1 When a company is on the brink of insolvency, directors ought to consider different stakeholders such as shareholders, creditors, and employees during the exercise of interest balancing. The Companies Act 2016 (“CA 2016”) codifies a general duty on directors’ conduct of trading in …
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