The newly formed Malaysian Border Control and Protection Agency (AKPS) is expected to formally begin operations tomorrow, 1 February 2025, taking over 114 border checkpoints nationwide in stages.

It is learnt that the first phase would involve about 22 checkpoints nationwide including Malaysia’s busiest checkpoints mainly the Johor Causeway and Second Link.

Two other checkpoints in Johor will involve the Port of Tanjung Pelepas and Pasir Gudang Port.

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Demonstrating unwavering commitment to community support, over 800 team members from Federal Express Corporation (FedEx), one of the world’s largest express transportation companies, dedicated more than 1,000 volunteer hours to collect and donate more than 3,600 kilograms (almost 8,000 pounds) of essential supplies for those in need.

Asia-Pacific’s office sector offers compelling opportunities for value-add investments, according to Knight Frank Asia-Pacific’s latest outlook report, Charting new horizons – 25 trends shaping 2025. The report features its 25 key significant developments across sectors trends.

Keith Ooi, Group Managing Director, Knight Frank Malaysia, says, “Malaysia’s property market is evolving in line with regional trends, with growing demand for ESG-compliant offices and green-certified developments driving notable investment activity.

The Inland Revenue Board of Malaysia (IRB) has recently released the Malaysia Transfer Pricing Guidelines 2024 ("TP Guidelines 2024"), and the Transfer Pricing Tax Audit Framework ("TP Tax Audit Framework 2024") on 24 December 2024.

This article examines the key changes relevant to businesses introduced under the TP Guidelines 2024 and TP Tax Audit Framework 2024 respectively.