Climate change is no longer a distant threat; it’s a present-day reality, particularly in the Asia-Pacific (APAC) region. This escalating crisis poses significant political and economic risks, demanding urgent attention from governments, businesses, and individuals alike. The Looming Threat APAC, a region marked by diverse geographies and economies, is highly vulnerable to the impacts […]
In the Asia Pacific (APAC) region, businesses increasingly face political uncertainties that impact their operations and growth potential. From shifting government policies to regulatory changes, these political risks can significantly affect a company’s ability to operate smoothly. A proactive approach to risk management has become critical, and Environmental, Social, and Governance (ESG) factors are emerging […]
In recent years, the health and beauty industry has faced an unsettling surge in the proliferation of counterfeit products. These fake goods, ranging from skincare to cosmetics, have infiltrated markets globally, including Malaysia. Not only do these counterfeit items undermine the reputation of legitimate brands, but they also pose significant health risks to unsuspecting consumers. […]
In today’s digital age, data is the lifeblood of businesses, especially in Malaysia, where a thriving digital economy is rapidly expanding. However, this reliance on data also makes organizations vulnerable to cyberattacks. Recent incidents involving prominent Malaysian companies have highlighted the serious threat posed by hackers to sensitive information. A Growing Concern: The Threat of […]
In the intricate world of big corporations, where financial transactions flow in vast and complex streams, forensic accounting emerges as an indispensable guardian. Combining the precision of accounting, the scrutiny of auditing, and the acumen of investigative prowess, forensic accounting plays a pivotal role in safeguarding the financial integrity and reputation of large businesses. Here’s […]
In today’s interconnected world, consumers are increasingly demanding transparency and authenticity from the brands they love. As a result, supply chain security has emerged as a critical component of brand protection. Ensuring the integrity of products throughout the supply chain is no longer just a compliance issue; it’s a strategic imperative. The counterfeit crisis Counterfeit […]
KUALA LUMPUR – A massive operation led to the uncovering of thousands of counterfeit jeans bearing famous brands, smuggled from Bangladesh through Port Klang to the capital using containers, on Wednesday. The operation, conducted by a team of officers and members from the Ministry of Domestic Trade and Cost of Living (KPDN) Kuala Lumpur, along […]
Recently, the Ministry of Domestic Trade and Cost of Living (KPDN) seized RM25,946 worth of suspected counterfeit cosmetics in a raid on a warehouse and a house here. Mohd Khairi Jamaludin, the Chief Enforcement Officer of KPDN Selangor, stated that the raid, which began around 3 PM on July 4, was conducted with a trademark […]
On January 21st, 2024, The Ministry of Domestic Trade and Cost of Living (MDTCL), in collaboration with the immigration department and Royal Malaysian Police, executed a well-coordinated blitz raid on around a dozen retailers at Petaling Street, fondly known as ‘China Town’ among locals and tourists alike. This operation was particularly challenging, given Petaling Street’s […]
On August 29th, 2023, the Ministry of Domestic Trade & Cost of Living Selangor (MDTCL) hosted a solemn destruction ceremony at its exhibit warehouse. The event marked the disposal of products and equipment from 50 completed cases, totaling approximately MYR 1.7 million (USD 790,000). Led by Selangor State Director Mohammad Zuhairi, the ceremony was attended […]
