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The Rise of Digital Fraud: How Forensic Accounting Tackles Cybercrimes in Asia-Pacific

In today’s fast-evolving digital era, the Asia-Pacific region stands at the forefront of technological advancements and online economic growth. With this rapid digitization, however, comes an alarming rise in cybercrimes and digital financial fraud. From phishing scams to sophisticated ransomware attacks, the vulnerabilities in the online economy are escalating. Amid this landscape, forensic accounting emerges […]

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Climate Change: A Growing Political Risk in APAC

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 […]

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The Alarming Rise of Fake Products in the Health and Beauty Industry: What You Need to Know

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. […]

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Massive Haul of Counterfeit Jeans Seized in Kuala Lumpur: A Major Breakthrough for Authorities

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 […]

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Rawang – The Ministry of Domestic Trade and Cost of Living (KPDN) Seizes RM25,946 Worth of Suspected Counterfeit Cosmetics

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 […]

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MDTCL Leads Successful Blitz Raid on Petaling Street, January 2024

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 […]

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MDTCL Selangor Conducts MYR 1.7 Million Product Destruction Ceremony

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 […]

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GTS and MDTCL Selangor Conduct Successful Raids on Clandestine Warehouses at GM Klang Wholesale Plaza

On April 10th, 2023, at 11:30 AM, GTS, in collaboration with the Ministry of Domestic Trade and Cost of Living (MDTCL) Selangor State HQ, conducted a series of raids on three suspected clandestine warehouses at the renowned GM Klang Wholesale Plaza. These warehouses were believed to be storing counterfeit luxury fashion products from major international […]

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MDTCL Leads Successful Raid on Petaling Street, Confiscates MYR 570,000 in Counterfeit Goods

On March 7th, 2023, MDTCL Kuala Lumpur CEO Ariffin Samsudin held a press conference to address the successful raid carried out on Petaling Street, codenamed “OPS PUTRA,” on March 5th, 2023. This operation, in collaboration with Kuala Lumpur City Hall (KLCH), the Immigration Department of Malaysia, and the Royal Malaysian Police, resulted in the confiscation […]

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March 2023: Operation Cobra Strikes Petaling Street in Major Multi-Agency Enforcement Action

March 2023 saw a significant multi-agency enforcement action led by the Ministry of Domestic Trade and Cost of Living (MDTCL) at one of Kuala Lumpur’s most recognizable tourist spots, Petaling Street (KL’s Chinatown). Known for its bustling atmosphere and vibrant markets, Petaling Street is also infamous for its rampant counterfeit trade. On March 5 and […]

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