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On 30 January 2020, the World Health Organisation (“WHO”) declared the Coronavirus (“COVID-19”) constitutes a Public Health Emergency of International Concern (“PHEIC”). On 11 March 2020, WHO characterised COVID-19 as a pandemic. BDO has therefore taken the following precautionary steps to ensure...
On 30 January 2020, the World Health Organisation (“WHO”) declared the Coronavirus (“COVID-19”) constitutes a Public Health Emergency of International Concern (PHEIC). On 11 March 2020, WHO characterised COVID-19 as a pandemic. On 29 March 2020, a Prime Minister’s Order was issued on the new and...
On 25 March 2020, the Malaysian Government has announced that the Movement Control Order ("MCO") will be extended from 31 March 2020 to 14 April 2020. In this connection, the Inland Revenue Board ("IRB") has issued an updated “Frequently Asked Questions ("FAQ") on Tax Matters During the MCO...
As the COVID-19 crisis continues to plague the world and affect Malaysia’s economy, Malaysia’s Prime Minister has announced a Second Economic Stimulus Package amounting to RM250 billion in order to combat the ongoing challenges brought about by the COVID-19 pandemic.To mitigate the adverse...
As the novel coronavirus (COVID-19) situation escalates alarmingly into a critical phase globally, the Malaysian government has responded accordingly with the implementation of the Movement Control Order (MCO). BDO has therefore taken the following precautionary steps to ensure the safety and...
This year has been the most challenging of all for Malaysia compared with the previous years due to two major developments which occurred in close succession in the first quarter of 2020. The first being the unprecedented change of government in February. Then in early March, the country...
Following the implementation of the Movement Control Order by the Malaysian Government, the Inland Revenue Board ("IRB") and the Royal Malaysian Customs Department (“RMCD”) have issued media statement and statement of announcement respectively informing the service, operations and administrative...