Deemed a “once-in-a-century health crisis” by the World Health Organisation, the repercussions of the COVID-19 pandemic will be felt for decades to come. However, with borders reopening and travel resuming, organisations must once again turn their attention to new and emerging risks that would impact the safety and wellbeing of their international assignees.

AMCHAM today held a briefing on global minimum tax and how it impacts businesses in Malaysia. This session was conducted by Tan Hooi Beng, Partner International Tax Services Deputy Managing Director of Deloitte, Kelvin Yee, Director of International Tax Services, Deloitte, Thomas Chang. Senior Manager of Deloitte Asia Pacific International Core of Excellence and Krystal Ng, Partner, Wong & Partners, member firm of Baker McKenzie International.

Malaysia is currently working with a few Asia-Europe Meeting (ASEM) partners like Singapore and Indonesia to establish the Vaccinated Travel Lane (VTL) on the path of socio-economic recovery. The resumption of people's movement between countries would help boost economies, resuscitate livelihoods and refresh people-to-people contact.

Mergers & acquisitions (“M&A”) exercises are part of a business strategy whereby two companies consolidate to become one entity (in case of a merger) or one company (or individual) purchases assets of or shares in, another company (in case of acquisition). Although the COVID-19 pandemic has strongly disrupted Malaysia’s economic environment, the long-term effects of this economic disruption on M&A activities remain unclear.

Publicis Sapient has released its inaugural "2022 Retail Guide to Next'' report, which highlights the top five things retail companies in Asia must do in the year ahead to transform their businesses into shopper-first organisations. In a statement, the company said that as retailers adapt to changing consumer behaviours and strive for transformational growth, it is critical for them to consider how they incorporate new customer needs and expectations into their current business models.