Transfer Pricing in Malaysia: Past, Present and Future
Transfer pricing continues to be an important issue for the Inland Revenue Board (IRB) in Malaysia.This article discusses recent developments in transfer pricing in Malaysia and advises taxpayers operating in Malaysia on how to prepare for scrutiny by the IRB.
Cambodia-Malaysia Trade Grows Nearly 20 Percent in First Quarter of 2014
Bilateral trade between Cambodia and Malaysia during the first quarter of 2014 was up by 17.6 percent compared to the first quarter of 2013, a Malaysian official announced this week.
U.S. Imposes Anti-Dumping Duty on Steel Products from Thailand, Malaysia and Vietnam
The U.S. Department of Commerce announced its decision last week to impose an anti-dumping duty on stainless steel pressure pipes imported from Thailand, Malaysia and Vietnam.
Malaysia’s 2013 FDI Soars to Record High
Last year, Malaysia’s FDI inflows hit RM38.8 billion (US$11.7 billion), breaking the previous record of RM37.3 billion (US$11.3 billion), set in 2011.
Malaysia to Open Up To Foreign Auto Manufacturers
As the country seeks to regain its position as an Asian auto hub, Malaysia has eased restrictions in its auto market with foreign investors now being able to manufacture all types of hybrid and electric passenger cars, including small passenger cars. The changes were announced on Monday as part of the country’s new National Automotive Policy (NAP). […]
Work Permit and Visa Applications in Malaysia
Oct. 24 – Malaysia has a flexible visa policy that allows a majority of countries to enter without a visa for business trips that do not last longer than 90 days, including foreign nationals from the United States, France, Australia, Brazil, Germany, and the United Kingdom. Nonetheless, it is important to check ahead of time […]
China & Malaysia to Increase Trade By 60%
Oct. 5 – Chinese President Xi Jinping has signed a five year trade deal with his Malaysian counterpart Prime Minister Najib Razak that will boost bilateral trade between the two countries by 60 percent to US$160 billion in the next five years. The two countries also upgraded their relationship to a “Comprehensive Strategic Partnership.” Malaysia […]
Malaysia’s Post-Election Rally
May 17 – Last week during the national elections in Malaysia, the National Front Coalition (NFC), the party that has governed Malaysia for 56 consecutive years, won a majority of the country’s parliamentary seats to officially extend its reign. The NFC first obtained majority after Malaysia declared independence from Britain in 1957, and has won 13 […]
Vietnam, Malaysia Hold Joint Trade Commission
Mar. 8 – The Malaysian International Trade and Industry Ministry (MITI) announced that bilateral trade between Malaysia and Vietnam surged by 25.3 percent to reach US$9.03 billion over the past year. Vietnam’s exports to Malaysia registered US$5.2 billion, while Malaysia exported US$3.83 billion to Vietnam. This news came off the heels of the second meeting […]
ASEAN-India Free Trade Area Part IV: Thailand, Singapore and Malaysia
In the fourth and final part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Thailand, Singapore and Malaysia.