The Government of Malaysia has on 15 April 2024 announced that it will establish an Energy Exchange Malaysia (“ENEGEM”) to facilitate cross-border sales of green electricity to neighboring countries, namely Singapore and Thailand. The ENEGEM platform will implement cross-border energy sales based on the latest Guide for Cross-Border Electricity Sales issued by the Energy Commission of Malaysia.

On 22 May 2024, the Swedish Parliament is expected to vote on a proposal to remove the requirement to retain original hard copy accounting materials. The bill, published on 29 February 2024, proposes that hard copy accounting materials, which have been duly saved digitally, no longer have to be kept in hard copy. The amendments are proposed to enter into effect on 1 July 2024.

The Tripartite Alliance for Fair and Progressive Employment Practices has issued the mandatory Tripartite Guidelines on Flexible Work Arrangement Requests, which will come into effect on 1 December 2024, as announced by the Ministry of Manpower on 16 April 2024.

The Supreme Court has ruled that section 146 of the Trade Union and Labour Relations (Consolidation) Act 1992 (TULRCA) which does not prevent employers from taking action short of dismissal in response to striking employees is incompatible with Article 11 of the European Convention of Human Rights (ECHR). Although the declaration of incompatibility does not affect the validity or operation of section 146, it will put pressure on the government to legislate to correct the position, and employers are likely to be mindful of the decision when considering action short of dismissal in response to industrial action. Detriments for participation in industrial action, such as removing discretionary benefits from those who take part, currently remain lawful, so long as the detriments in question aren’t so severe as to constitute a constructive dismissal.