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In Data Privacy

Malaysia: New legal requirements under the General Code of Practice of Personal Data Protection

by , and 5 Mins Read

The General Code of Practice of Personal Data Protection introduces new legal requirements to be complied with by data users caught within its ambit. It also seeks to provide best practice recommendations with respect to the implementation of principles under the Personal Data Protection Act 2010 and its subsidiary legislation.
Some of the new legal requirements include providing additional mandatory information in a personal data protection notice, complying with any data subjects’ written request not to process their personal data for direct marketing within reasonable time, maintaining a personal data system, and establishing a PDPA compliance framework.

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In Employment

Vietnam: Indo-Pacific Economic Framework for Prosperity

by and 7 Mins Read

In May 2022, the Indo-Pacific Economic Framework for Prosperity (IPEF) was launched between Australia, Brunei, Fiji, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, the US and Vietnam. On account of its specified focus on labor standards and issues, IPEF is likely to have an ongoing impact on labor regulations and trends among partner countries, including Vietnam.

In Environment

Malaysia: A guide to Corporate Green Power Programme for corporate consumers

by and 6 Mins Read

Malaysia recently launched the Corporate Green Power Programme (CGPP), a renewable energy initiative that allows corporate consumers to virtually purchase solar energy from solar developers. This is achieved through the use of virtual power purchase agreements, or Corporate Green Power Agreement. This alert explains the mechanism of CGPP and sets out the potential investment opportunities and benefits to corporate consumers, particularly those with plants and factories that have high energy usage.

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In Product Regulation & Liability

Malaysia: Review of online content regulation and framework

by and 2 Mins Read

The interim chairman of Malaysian Communications and Multimedia Commission announced that MCMC is undertaking a review of the current online content regulation and framework. This was shared following recent publication of online content deemed to be harmful to national security and harmony. He also noted that countries in the region such as Indonesia, Singapore and Australia have introduced direct regulatory oversight on social media service providers, holding them to greater accountability and responsibility when managing harmful content.

In Environment

Malaysia: Information guide on the Corporate Green Power Programme (CGPP)

by and 6 Mins Read

On 7 November 2022, the Energy Commission issued an information guide for the Corporate Green Power Programme. The CGPP aims to promote the adoption of green energy amongst corporate companies in Malaysia through the use of virtual power purchase agreements which is also known as the Corporate Green Power Agreement. The CGPP is open for application starting from 7 November 2022 until 6 February 2023.

In Environment

Malaysia: Virtual Power Purchase Agreements under the Corporate Green Power Programme

by and 3 Mins Read

The Malaysian Government has introduced the Corporate Green Power Programme to encourage the adoption of green electricity amongst corporate companies in Malaysia. This new initiative will be in addition to existing initiatives such as the net energy metering scheme, self-consumption schemes and the green electricity tariff programme to bolster Malaysia’s renewable energy agenda and promote carbon reduction.

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In Environment

Malaysia: Implications of Budget 2023 on the Malaysian projects and infrastructure Scene

by and 4 Mins Read

On 7 October 2022 the Malaysian Minister of Finance tabled the Budget 2023 which covers the following 3 agendas, each supported by the agenda’s individual core focus and strategies:
• Responsive Budget – to expand fiscal policy
• Responsible Budget – to ensure financial sustainability of the Government
• Reformist Budget – to implement reforms and enact policies that could adapt to new norms
The comprehensive list of objectives within the Budget 2023 among others, is to strengthen economic recovery post COVID-19 and numerous incentives and action plans had been laid out to achieve these objectives. This alert focuses on the Budget 2023 highlights that would have an impact on the projects and infrastructure industries in Malaysia.

In ESG

Malaysia: Malaysian National Energy Policy 2022-2040

by and 6 Mins Read

The Malaysian Government had, on 19 September 2022, launched the National Energy Policy 2022-2040 (“NEP”) with the following objectives:
• Enhancing macroeconomic resilience and energy security
• Achieving social equitability and affordability
• Ensuring environmental sustainability
In order to achieve these objectives, numerous action plans have been developed and laid out in the NEP and this client alert aims to provide an overview of the Low Carbon Aspiration 2040 initiative and highlight key action plans that would be of interest to all types of investors and companies intending to comply with environmental, social and governance requirements.

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