Malaysia’s national budget for 2024 (“Budget”) was announced by Prime Minister and Finance Minister YAB Dato’ Seri Anwar bin Ibrahim on 13th October 2023 and is themed “Economic Reforms, Empowering the People”. This represents the largest expansionary budget in the country’s history with an allocation of RM393.8 billion with various tax measures aimed at broadening …
ChatGPT (an artificial intelligence (“AI”) generative language model system) took the world by storm when it first launched in November 2022. It is designed to generate instantaneous human-like text responses and to engage in dialogue with users through predictive patterns trained on massive datasets – which includes sources from books, websites and the internet at …
Navigating Legal Issues in the AI Chatbot Era: The Rise of ChatGPT Read More »
Finance Bill 2023 & Explanatory Statements The Malaysian Government first announced on 24th February 2023 the revised National Budget for the year 2023 (“Budget”) themed “Developing Malaysia MADANI” with a focus on the six core values of Sustainability, Prosperity, Innovation, Respect, Trust and Compassion. On 3rd April 2023, the Finance Bill 2023 (Bill No. DR …
Finance Bill 2023: Stamp Duty & RPGT Updates in Conveyancing Transactions Read More »
When a Developer fails to meet the deadline for the delivery of vacant possession of property to the Purchasers under a Sale and Purchase Agreement (“SPA”), they may apply for what is known as an Extension of Time (“EOT”). Unforeseen delays can occur at any point throughout the construction process and Developers would typically seek …
The Malaysian Government first announced that the nation will enter the first phase of a Full Movement Control Order (“FMCO”) from 1st June 2021 to 14th June 2021. This was further extended for another two weeks from 15th June 2021 to 28th June 2021. Recently, it was announced that this nationwide lockdown under the National …
Legal Update: Extension of Contractual Relief under the Covid-19 Act Read More »
As opposed to Peninsular Malaysia, the legislation that regulates the employment law in Sarawak is the Labour Ordinance (Sarawak Cap. 76) (hereinafter referred to as ‘‘SLO’’). Those working in Sarawak are entitled to certain benefits under the SLO. Should these benefits be withheld from an employee, he is still entitled to those benefits under the …
In this day and age, social media such as Facebook, Reddit and Twitter have become a fundamental part of our daily lives. This has made it easy for people to share their feelings, comments, or statements on social media. Lately, it has been a trend to see people “fame-shame” people online, often as a reaction …
[OP-ed] Keyboard Warriors Can Be Sued for Defamation Read More »
The Prime Minister in his PEMERKASA speech on 17th March 2021 officially announced that the statutory demand threshold for winding-up petitions will be permanently kept at RM50,000. The Minister of Domestic Trade and Consumer Affairs through the Gazette Notice Prescription of Amount of Indebtedness of Company under Paragraph 466(1)(a) (Gazette Notification No. 4159/2021) has set …
Legal Update: Permanent Increase in the Winding-Up Debt Threshold to RM50,000 Read More »
Click on the download link below for a PDF copy of the details of the update for stamp duty and RPGT exemptions. Real Estate Transactions – Updates @ 2021 (Loke, King, Goh & Partners)
Whatever your opinion on the 45th President of the United States, the fact of the matter is that ‘fake news’ is now a part of our lexicon, so much so that that the latest ‘Fake News Bill’ (that is, Emergency (Essential Powers) (No.2) Ordinance 2021) is colloquially known as such. Operational from 12 March 2021, …
[OP-ed] Emergency (Essential Powers) (No. 2) Ordinance 2021 “Fake News Bill” Read More »
