Business and Company Entities Permitted in Malaysia

To start a business in Malaysia as a foreigner, one should understand the entities foreigners are allowed to operate. The Malaysian government rarely allows investors from other countries to set up corporations in the textile, food industries, medical and pharmaceuticals, minerals, and wood industries. However, the government encourages foreigners to invest in the services and manufacturing industries. In its 2016-2020 plan, it cited the service sector as the primary economic driver in the country. To register a business entity in Malaysia depends on the things the investor considers significant for the business. They include; cash for licenses, office space, initial bank deposits, compliance and maintenance procedures, and tax regulations.

Below are the business entities foreign investors should look into for investment in Malaysia.

1. Private Limited Company

Malaysian government encourages knowledge transfer, export, growth, and job creation in the manufacturing and service sectors owned by foreign investors.

A foreign investor can register a Sendirian Barhan (sdn bhd) with 100% foreign ownership equivalent to a Malaysian Private Limited Company (LLC). For a corporation to be 100% foreign, doing consultancy and advisory business, the investor should have a minimum of RM500 000. For a restaurant, import, export, and trading business, they should have at least RM1 million.

To get a business license with 100% foreign-owned corporation structure, one should prove how the business will provide employment and improve the country’s economy. If it’s a joint venture with a Malaysian national as a partner with a minimum control of 50%, one needs to have a minimum capital of RM 350 000 and an authorized capital of RM 500 000.

Foreign investors can request for exceptions in employing Malaysian nationals for the positions of directors and shareholders though not guaranteed.

2. A Labuan Company

Labuan companies in Malaysia rent …

Plagiarism is one of academia’s most common problems and a constant concern for teachers. While the Web may have made plagiarism as easy as a few simple clicks, it’s also made detecting plagiarism just as easy. If a student can find the essay in seconds, so can you—if you know where to look.

Types of Plagiarism

Anyone who has written or graded a paper knows that plagiarism is not always a black and white issue. The boundary between plagiarism and research is often unclear. Learning to recognize the various forms of plagiarism, especially the more ambiguous ones, is an important step towards effective prevention. Many people think of plagiarism as copying another’s work, or borrowing someone else’s original ideas. But terms like “copying” and “borrowing” can disguise the seriousness of the offense:

Sources Not Cited

1.”The Ghost Writer”
The writer turns in another’s work, word-for-word, as his or her own.

2.”The Photocopy”
The writer copies significant portions of text straight from a single source, without alteration

3.”The Potluck Paper”
The writer tries to disguise plagiarism by copying from several different sources, tweaking the sentences to make them fit together while retaining most of the original phrasing.

4.”The Poor Disguise”
Although the writer has retained the essential content of the source, he or she has altered the paper’s appearance slightly by changing key words and phrases.

5.”The Labor of Laziness”
The writer takes the time to paraphrase most of the paper from other sources and make it all fit together, instead of spending the same effort on original work.

6.”The Self-Stealer”
The writer “borrows” generously from his or her previous work, violating policies concerning the expectation of originality adopted by most academic institutions.

Sources Cited (But Still Plagiarized)

1.”The Forgotten Footnote”
The writer mentions an author’s name for a source, but …

The establishment of a new entity which merges the National Accreditation Board (LAN) and the Quality Assurance Division, Ministry of Higher Education (QAD) was approved by the Government on 21 December 2005. This entity is responsible for quality assurance of higher education for both the public and the private sectors.

The new entity, the Malaysian Qualifications Agency (MQA), was established on 1 November 2007 with the coming in force of the Malaysian Qualifications Agency Act 2007. The MQA was officially launched by the Honourable Minister of Higher Education, Dato’ Mustapa Mohamed, on 2 November 2007.

The main role of the MQA is to implement the Malaysian Qualifications Framework (MQF) as a basis for quality assurance of higher education and as the reference point for the criteria and standards for national qualifications. The MQA is responsible for monitoring and overseeing the quality assurance practices and accreditation of national higher education.

With the vision to be a credible and internationally recognised higher education quality assurance body and the mission to inspire the confidence of its stakeholders through best practices, the MQA is set to chart new boundaries in higher education quality assurance.Functions
As a quality assurance body, the functions of MQA are:

• To implement MQF as a reference point for Malaysian qualifications;
• To develop standards and credits and all other relevant instruments as national references for the conferment of awards with the cooperation of stakeholders;
• To quality assure higher education institutions and programmes;
• To accredit courses that fulfil the set criteria and standards;
• To facilitate the recognition and articulation of qualifications; and
• To maintain the Malaysian Qualifications Register (MQR).

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Goals of Time Management

• To be able to have control over your life – manage your time, don’t let it manage you!
• To be healthier and happier (less stress).

Seven Suggestions for Effectively Managing Your Time

Be Organized

• Use time saving tools: appointment calendars, “to do” lists, e-mail, answering machines, file folders, etc.
• Have an organized workplace (don’t waste time constantly looking for your work).
• Use your appointment calendar for everything, including listing study time.
• Use “to do” lists for both long-term and for each day/week.

Plan Ahead (Schedule it and it will happen!)

• Determine how long your tasks will take (do this before agreeing to take on a task!)
• Consider whether any activities can be combined.
• Determine if big tasks can be broken down into smaller tasks that may be easier to schedule (such as studying for exams and visiting the library as part of an assignment to write a term paper).

Prioritize Your Tasks

• Use an A-B-C rating system for items on your “to do” lists with A items being highest priority.
• Set goals for both the short term and long term as to what you want to accomplish.
• Look at all of your “to do”s to gauge the time requirement and whether additional resources will be needed to accomplish them (if yes, schedule time to obtain those resources). Don’t postpone the small tasks (a sense of accomplishment is good and overlooked small tasks can become larger tasks.)

Avoid Overload

• Include time for rest, relaxation, sleep, eating, exercise, and socializing in your schedule.
• Take short breaks during study and work periods.
• Don’t put everything off until the last minute (for example, don’t cram for exams).
• Learn to say “no” when appropriate and to negotiate better deadlines when appropriate.

Practice Effective Study Techniques

• Have an appropriate study environment.
• Split

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If you’re heading off to college or university, the chances are you’re living away from home for the first time. It’s now up to you to make sure you don’t waste away.

And what’s worse, you’re expected to do it with only a fiver, a two-ring hob and a toaster. If up till now you’ve avoided the kitchen on a matter of principle, here are a few tips on how you can avoid the hunger pangs and eat healthily on the tightest of budgets.

How to make your ringgit go further

Plan your budget – Work out how much you’re going to spend on food each week and stick to it. Otherwise, you could be eating like a king at the start of term and recycling your teabags by the end.

Get back to basics – Processed food is a pricey option because you’re paying for the processing. It’s much cheaper and often more nutritious to buy basic ingredients and make your own meals.

Compare prices – Remember to shop around. Find out whether your local greengrocer or market stall is better value than the supermarket. And you’ll often save a few cents by buying a supermarket’s own products, rather than the big brands.

Don’t be seduced by special offers – Getting 20 cents off, three for the price of two, or 15% extra is great if it’s something useful. But don’t fill the cupboards with Battenberg cake just because it’s on special offer!

Cook batches – It can be expensive buying a different set of ingredients for every meal, so it’s a good idea to cook up a batch of food. After cooking, cool the food quickly (within one to two hours), then freeze in serving-sized portions. Make sure you reheat the food until it’s steaming hot all the …

For down-to-earth, hands-on revision help, read these top 10 tips from students who have been through what you’re going through now:

• Create a revision timetable with sensible work slots and breaks and then show it to your parents to get their agreement. Keep to this timetable! Then when your parent finds you ‘not working’, provided you are following your agreed timetable, no-one is going to hassle you. Parents only hassle and worry when they are not sure what you are doing, or if you do not seem to have a plan. Organize yourself well and it will help you to fulfill your potential.
   
• Know where your exams are and when they start, how long they are, what equipment you are allowed to take in (for example calculators) and what you are not allowed to take in (mobiles, notes, etc).
   
• Make sure you have one weekend day when you don’t do revision or think about exams – you’ll come back to it refreshed.
   
• Tell your family about your revision time – and ask them for help if you need it – it may help make them feel useful to you!
   
• Keep bullet points on crib cards highlighting main subject theories. Use these for quick revision and for reading during ‘dead’ times – for example, when you’re waiting for a bus. Use mnemonics – using initials of a word helps your memory.
   
• Some people revise well by listening, so you could try ‘talking’ your revision and recording it onto your iPod or onto tapes. Listen to these while lying in bed, while travelling in a car, or walking to the shops. This also takes the guilt out of being out and about rather than in front of your books!
   
• Ensure you eat and sleep properly. Now

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