Japan’s Daiso to invest RM1bil to build global distribution hub in Selangor.

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Customs Department to launch Compliance Verification Audit in July

Customs Department to launch Compliance Verification Audit in July. KUALA LUMPUR (May 23): The Royal Malaysian Customs Department is set to launch a new approach known as Compliance Verification Audit (AViP) in July this year to promote self-compliance and encourage voluntary disclosure. To reduce the risk of revenue leakages, the Customs Department changed its strategy from detecting leakages to preventing [...]

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Singapore Businesses Lag in Supply Chain Emissions Measurement, Schneider Electric Study Finds

Singapore Businesses Lag in Supply Chain Emissions Measurement, Schneider Electric Study Finds. A recent study by Schneider Electric, the global leader in energy management and automation, reveals that a majority of Singaporean businesses are falling short in engaging their supply chain partners to calculate total greenhouse gas emissions (GHG). Nearly two-thirds (63%) of business leaders indicate they have not fully [...]

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Pos Malaysia Berhad Sees Revenue Growth and Reduced Losses in Q1 2024

Pos Malaysia Berhad Sees Revenue Growth and Reduced Losses in Q1 2024.   Pos Malaysia Berhad, the national post and parcel service provider announced an increase of group revenues by 2% to RM492 million for the first quarter of 2024, compared with the same quarter in 2023, and a further significant reduction in losses before taxation, improving by 37% from [...]

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