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Insolvency Dept submits proposal to improve Act 360 - Wan Junaidi

Insolvency Dept submits proposal to improve Act 360 - Wan Junaidi

Amendment to Act 360 in regard to automatic discharge from bankruptcy after three years is among the proposals submitted to the government.
Fri Aug 26 2022
Senate approves bill on Temporary Measures To Reduce COVID-19 Impact

Senate approves bill on Temporary Measures To Reduce COVID-19 Impact

Act 360 was amended based on certain requirements including transforming existing legal framework into legislation that is more relevant to current needs.
Wed Sep 23 2020
Insolvency (Amendment) Bill 2020 approved, bankruptcy threshold now RM100,000

Insolvency (Amendment) Bill 2020 approved, bankruptcy threshold now RM100,000

The Insolvency (Amendment) Bill 2020 aimed at amending the Insolvency Act 1967 (Act 360) has been passed with a simple voice majority in the Dewan Rakyat.
Tue Aug 25 2020
SME Corp proposes 'automatic discharge' order under Bankruptcy Act

SME Corp proposes 'automatic discharge' order under Bankruptcy Act

The 'automatic discharge' order, which will allow a bankrupt company to have a second chance at conducting business, is being proposed under an amendment to the Bankruptcy Act 1967 (Act 360).
Mon Mar 06 2017
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024