Malaysia My Second Home (‘MM2H’) is a distinguished initiative endorsed by the Ministry of Tourism Malaysia, aimed at promoting Malaysia as an appealing destination for potential residents from around the globe. This program offers non-Malaysian expatriates and retirees the opportunity to reside in Malaysia, providing them with a social visit pass and a multiple-entry visa issued by the Malaysian Immigration Department.
The Personal Data Protection Act 2010 is Malaysia’s primary legislation governing the processing of personal data in commercial transactions. Its main purposes are: to protect the personal data of individuals in commercial transactions; to regulate the processing of personal data; and to prevent misuse of personal information.
In light of the rapidly growing trend of ESG and its growing influence on global business practices which led to the existence of a vacuum of information on ESG, this article serves as an update to our previous discussions on the topic. Rather than revisiting the fundamentals of ESG, we will focus on an update of recent developments, with particular attention to changes within Malaysia’s commercial and legal framework, alongside significant global trends.
In recent years, the Asian International Arbitration Centre (AIAC) has experienced a notable increase in its caseload. For instance, in 2023, AIAC handled a total of 873 matters, both registered and pre-registered, compared to 810 matters in 2022. This upward trend highlights the growing reliance on arbitration for dispute resolution.
Alternative dispute resolution (ADR) has been around for many years and as the name suggests has often been used as an alternative to traditional litigation.
Written by Richard Wee and Ding Huoy Huoy In March 2022, the Digital Markets Act (“the DMA”) was approved by the European Parliament to limit the power of the large tech companies in the digital…
The Companies (Amendment) Act 2024 (“Amendment Act”) came into force on 1 April 2024, with four provisions namely on changes to the content of a company’s annual returns, changes to the kinds of companies exempted from Division 8 Subdivision I , and a new option to publish or advertise information on the CCM website to come into force at a later date. It lays out a framework for the identification of a company’s beneficial owners, and revises existing provisions on scheme meetings and corporate rescue mechanisms.
By Richard Wee and Chu Kei Yuen Overview The Cyber Security Bill 2024 (“the Bill”) was passed by the Dewan Negara on 3 April 2024. The Bill aims to improve Malaysia’s cyber security by requiring…
In recent years, the landscape of transportation in Malaysia has undergone a significant transformation with the introduction of electric vehicles (EVs). While countries around the world have embraced EV technology for some time, Malaysia has only recently welcomed these eco-friendly alternatives to traditional combustion engine vehicles.
Occupational safety and health are fundamental rights in any modern society. Every individual has the right to work in an environment free from hazards that could jeopardise their well-being. Hence, the Occupational Safety and Health Act 1994 in Malaysia plays a pivotal role in ensuring workplace safety and health, profoundly impacting both employers and employees alike.
