Briefing

 

MINIMUM WAGES IN MALAYSIA – Does it include service charge?
In June 2014, the Malaysian Industrial Court, in its landmark decision, ruled on the issue of a hotel employee’s salary structure. The judgment, fully supported by the Malaysian Trades Union Congress (“MTUC”) is now a precedent which ought to be followed by those in the hospitality industry. 

In this article we analyse the judgment of the Malaysian Industrial Court in Kesatuan Kebangsaan Pekerja-Pekerja Hotel, Bar & Restoran Semenanjung Malaysia v Crystal Crown Hotel & Resort Sdn Bhd (Crystal Crown Petaling Jaya)  

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THE IFSA: A NEW LEGAL ORDER FOR ISLAMIC FINANCE
Bank Negara Malaysia ("BNM") has always been a champion of Islamic finance in terms of regulatory mechanisms and its implementation. 

In this article we discuss the impact of the newly implemented Islamic Financial Services Act 2013 ("IFSA").

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