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Rescission is one of the four types of remedies available for claim in the event of a fundamental breach aside from damages, specific performance, and injunction. Here, we provide a comprehensive guide on the rescission of contract in Malaysia. What is Rescission of Contract in Malaysia? Rescission is the abrogation or termination of a contract. […]

Establishing a well-structured shareholders agreement in Malaysia assists in assuring the smooth functioning of a company. This article discusses the importance of having a shareholders agreement for Malaysian companies, regardless of nature. The Definition of A Shareholders Agreement A shareholders agreement, also sometimes referred to as a stockholders agreement, is an arrangement that defines and

A service level agreement (SLA) complements and forms part of an IT master service agreement. It incorporates strategic business objectives and defines the business’s desired results. The most common types of SLA include: In a typical SLA, critical components included are: The essentials to a meaningful SLA: Ensuring flexibility in the SLA to adapt and

When running a business, you commonly receive various types of contracts in Malaysia from vendors/partners to review, negotiate and sign. You also manage agreements with your employees or clients as a business owner. Contracts are structured and operated differently in some industries. Depending on the type of goods and services, some arrangements can be simple, and some

Over the years, business process outsourcing (BPO) in Malaysia has evolved to the point where organizations are outsourcing tasks and services to an external provider. The COVID-19 pandemic brought new outsourcing developments and accelerated the adoption of BPO to overcome challenges and adapt new ways to conduct business.  The Economics In BPO BPO has stretched

Background and applicability of the Personal Data Protection Act 2010 (“PDPA”) The PDPA regulates the processing of individuals’ personal data and widely defined processing as collecting, recording, holding or storing; or carrying out any operation or set of operations on personal data in commercial transactions in Malaysia. The PDPA applies to you if you: However,

Cloud computing is when the user is given access to the service provider’s technology and hardware made available through the internet. 3 main types of cloud services are software-as-a-service (SaaS), infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS). 1. SaaS (software-as-a-service) SaaS is typical in the market. A user accesses the software from any device, anytime, with an

Information technology (IT) contracts come in many forms and before taking on a project, organizations will provide detailed specifications of their needs. Using the specifications, the service provider and other types of sellers create an estimate of materials and man-hours required to complete the project. Different situations require different contracts and organizations must understand the

The social media influencer economy has become one of the most popular ways to engage with consumers. Are you a company that intends to promote products and services through an influencer? Then, take a step back to review your participation in the social media influencer economy. Read More: Gig Economy Law in Malaysia Through Legal

As more businesses use influencers to promote their products and services on social network platforms, influencer marketing is growing. They use their social media accounts to rate, mention brands and provide videos of products and services using hashtags or hyperlinks in their social media content. Whether the social media content is an objective statement and