Jaya Grocer, Malaysia’s family-run lifestyle fresh market, celebrates its 10th anniversary this year with 22 outlets and with plans for an aggressive expansion of five more outlets this year.
In fact, it ended 2017 with 21 outlets and opened its 22nd in Johore Bahru last week. By year-end, it plans to have 27 supermarkets across the peninsula.
Invest Malaysia 2018, co-organised by Bursa Malaysia and Maybank, held earlier this week attracted over 2,000 delegates, including more than 1000 local and regional fund managers from Taiwan, Thailand, Singapore, Hong Kong, USA, and the UK with Assets Under Management totalling USD18.3 trillion.
A joint study on the first-year implementation of the enhanced auditors’ report (EAR) revealed that key users of audit and financial reports found value in the new reporting standards with two thirds of the surveyed respondents acknowledging that it is an improvement compared to the old auditors’ report.
Titled “Enhanced Auditors’ Report: A review of first-year implementation experience in Malaysia”, the joint study was conducted by the Audit Oversight Board (AOB) of the Securities Commission Malaysia (SC), the Malaysian Institute of Accountants (MIA) and the ACCA (Association of Chartered Certified Accountants) to assess stakeholders’ response to the new and revised enhanced auditor reporting standards.