Malaysia is projected to become an ‘aged’ nation by 2043 and ‘super aged’ by 2057

The Edge Malaysia Retirement Reimagined Forum 2023: Retirement landscape in Malaysia

The adoption of quick-response (QR) payment applications in Southeast Asia has been on a rise, with analysts at international fintech firm UnaFinancial reporting a surge in user numbers in Singapore, Malaysia and Indonesia. In July, the total number of users of these cashless payment systems reached 997,000, and experts predict this figure could soar by 78% to 1.77 million people by 2025.

No cash? No problem

Most conglomerates in Southeast Asia outperformed their peers in other parts of the world, as well as pure play companies in the region, in total shareholder returns (TSRs), revenue growth, margins and multiples from 2003 to 2012, Bain & Company’s Southeast Asia Conglomerates Report 2023 reveals. The average annualised TSRs of Southeast Asia conglomerates were eight percentage points higher than that of the region’s pure plays in that period.

The end of the Southeast Asia anomaly

In what has been called the most significant antitrust trial since the US government sued Microsoft in 1998, the US Department of Justice (DoJ) is taking on the largest search engine in the world, Google. This will be the first of many trials against Big Tech companies that will play out in the next few months.

The trial to dominate them all

A company’s integrity hinges on the credibility of its conduct and disclosures. An internal audit is a critical function to ensure that this trust is upheld. With accelerated global developments and varying standards, the stakes are even higher for sustainability reporting.

A 20-point checklist for internal auditors

Despite political shifts taking place in Malaysia from early 2020 to late 2022, its economy has attracted sizeable foreign direct investments (FDIs), DBS Group Research’s findings show. In the first of a two-part series exploring FDI dynamics in the Asean-6 (Indonesia, Singapore, Malaysia, Thailand, Vietnam and the Philippines) on the back of China+1 shifts, the bank-backed research house found that FDI inflows into the bloc, as a proportion of world inflows, have exceeded those going into China over the past two years.