Malaysia's port and freight industry, particularly Port Klang, has faced significant challenges recently due to local and global dynamics. As a key maritime hub in Southeast Asia, Port Klang has seen increased congestion, with ships taking up to nine hours to dock. This congestion is influenced by global supply chain disruptions, geopolitical conflicts like the Red Sea issue, and evolving trade policies.



Helping us in this conversation today to better understand the reasons and ripple effects of these congestion, as well as uncover how Port Klang is navigating these turbulent waters, and the broader implications for Malaysia's economy and global trade connections is Captain K. Subramaniam, General Manager of the Port Klang Authority.

Malaysia's port and freight industry, particularly Port Klang, has faced significant challenges recently due to local and global dynamics. As a key maritime hub in Southeast Asia, Port Klang has seen increased congestion, with ships taking up to nine hours to dock. This congestion is influenced by global supply chain disruptions, geopolitical conflicts like the Red Sea issue, and evolving trade policies.Helping us in this conversation today to better understand the reasons and ripple effects of these congestion, as well as uncover how Port Klang is navigating these turbulent waters, and the broader implications for Malaysia's economy and global trade connections is Captain K. Subramaniam, General Manager of the Port Klang Authority.

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Enterprise Explores

Rough Waters and Ripple Effects: Navigating Port Congestion

How much flexibility is LHDN providing for the first 6-Months? Does this mean I can delay my implementation? (No, it does not). What is a consolidated e-invoice? Enterprise Explores all this and more.



In the lead-up to Day 1, LHDN announced a six-month period of flexibility, allowing businesses to use consolidated e-invoices instead of individual transactional e-invoices. This period, which some have referred to as a grace period, is not a deferment of implementation but rather an adjustment phase to ease the transition.



We explore the scope of the flexibility offered during the transition period, address potential misconceptions, and provide guidance on how businesses can better manage this change. Joining us is Thenesh Kannaa, Executive Director at tax consultancy Tratax. We also discuss the penalty-free period (provided certain conditions are met), the implications for businesses that fail to comply, and initial reactions from businesses as they adapt to the new e-invoice regime.

How much flexibility is LHDN providing for the first 6-Months? Does this mean I can delay my implementation? (No, it does not). What is a consolidated e-invoice? Enterprise Explores all this and more.In the lead-up to Day 1, LHDN announced a six-month period of flexibility, allowing businesses to use consolidated e-invoices instead of individual transactional e-invoices. This period, which some have referred to as a grace period, is not a deferment of implementation but rather an adjustment phase to ease the transition.We explore the scope of the flexibility offered during the transition period, address potential misconceptions, and provide guidance on how businesses can better manage this change. Joining us is Thenesh Kannaa, Executive Director at tax consultancy Tratax. We also discuss the penalty-free period (provided certain conditions are met), the implications for businesses that fail to comply, and initial reactions from businesses as they adapt to the new e-invoice regime.

E-Invoice Grace Period? 4 Flexibilities to Ease the First 6 Months

Sustainability reporting is a vital aspect of corporate transparency, driven by stakeholder demands for greater accountability in ESG practices. In Malaysia, Bursa Malaysia has mandated enhanced sustainability reporting for listed companies starting from the fiscal year ending December 31, 2023, with full implementation by 2025.


PwC's “Gaps in Sustainability Reporting” report highlights current challenges and areas for improvement in Malaysia. We speak with Farhana Jabir, Director of Sustainability & Climate Change at PwC Malaysia, to discuss the foundational elements of an ESG strategy and sustainability reporting, the evolving regulatory landscape, and the role of independent assurance. We also dive into the importance of obtaining top-down buy-in from the board, as well as managing and meeting stakeholder expectations, from the boardroom and regulators to suppliers and employees.

Sustainability reporting is a vital aspect of corporate transparency, driven by stakeholder demands for greater accountability in ESG practices. In Malaysia, Bursa Malaysia has mandated enhanced sustainability reporting for listed companies starting from the fiscal year ending December 31, 2023, with full implementation by 2025. PwC's “Gaps in Sustainability Reporting” report highlights current challenges and areas for improvement in Malaysia. We speak with Farhana Jabir, Director of Sustainability &amp; Climate Change at PwC Malaysia, to discuss the foundational elements of an ESG strategy and sustainability reporting, the evolving regulatory landscape, and the role of independent assurance. We also dive into the importance of obtaining top-down buy-in from the board, as well as managing and meeting stakeholder expectations, from the boardroom and regulators to suppliers and employees.

Rough Waters and Ripple Effects: Navigating Port Congestion

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