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Nature of Business

The nature of a business describes the type of business it is and what its overall goals are. It describes its legal structure, industry, products or services, and everything a business does to reach its goals. It depicts the business’s problem and the main focus of the company’s offerings. A company’s vision and mission statement also provide an insight into its nature...

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Evening Crest Sdn Bhd

The Black Stallion

Our Nature of Business

1. GENERAL TRADING.

2. CONSTRUCTION AND PROJECT DEVELOPMENTS – BUSINESS OF BUILDERS AND CONTRACTORS OR CONSTRUCTION WORK OF ANY KIND AND THE DEMOLITION OF ANY STRUCTURE.

3. CAPITAL INVESTMENTS – BUSINESS OF INVESTMENT HOLDING COMPANY AND FOR THAT PURPOSE TO ACQUIRE AND HOLD EITHER IN THE NAME OF THE COMPANY OR IN THAT OF ANY NOMINEE SHARES LAND BUILDING STOCKS, DEBENTURES, DEBENTURES STOCK, BONDS, NOTES, OBLIGATIONS AND SECURITIES ISSUED OR GUARANTEED BY ANY COMPANY WHEREVER INCORPORATED OR CARRYING ON BUSINESS.

4. FINANCIAL INTERMEDIARIES – DEPOSITORY

5. PROVIDER OF MERCHANT SERVICES

Japanese business culture and etiquette

An overview of American work culture

American work culture is largely individualistic and many employees are motivated to advance their careers. This creates a culture that embraces innovation and forward-thinking, with a tendency to move at a fast pace, a clear focus on results and productivity, and a willingness to take risks...

Navigating American Business Etiquette

American business culture is a melting pot of ambitious go-getters, each with a unique way of navigating networking events, talking business and sealing deals, from the skyscrapers of Wall Street to the laid-back tech hubs of Silicon Valley...

The Work Culture in Malaysia

Malaysia is a country with a rich and diverse culture, shaped by the various ethnic groups that make up its population. This multicultural society has a significant impact on the country’s work culture, which can be complex and nuanced. Understanding the unique values and beliefs that shape Malaysian work culture is essential for expats and international businesses looking to succeed in the country...

Enhance Your Business

Everything You Need to Know About Credit Facilities

A credit facility is a financial agreement between a borrower and a lender that allows the borrower to access funds over a period of time. Credit facilities are more flexible than traditional loans and can be used for a variety of purposes.
How do credit facilities work?
(a) The lender outlines the terms of the credit facility in a letter.
(b) The borrower can negotiate the terms to suit their needs.
(c) The borrower can draw on the funds as needed, rather than having to renegotiate a loan each time.
Examples of credit facilities
(a) Revolving credit: A type of credit facility that can be extended
(b) Term loans: A type of credit facility that is paid back over a set period of time
(t) Letters of credit: A type of credit facility that can be used in business finance
(d) Retail credit: A type of credit facility that includes credit cards
(e) Overdraft services: A type of credit facility that allows for overdrafts
(f) Deferred payment plans: A type of credit facility that allows for deferred payments
Credit facilities can be used by businesses to support operations, such as during seasonal sales cycles when revenue is low.

What Is a Credit Facility, and How Does It Work?

Credit Facility Explained: Enhance Your Business - iwoca

Example of Credit Facilities - EveningCrest

Example of Tax Compliance Certificate (TCC) - EveningCrest

Tackling US Tariffs

The US plans to raise tariffs on a wide range of Chinese imports, including semiconductors, batteries, solar cells and critical minerals...

The US plans to raise tariffs on a wide range of Chinese imports, including semiconductors, batteries, solar cells and critical minerals will benefit Malaysia further as multinational companies look to alternative investment destinations.
In particular, the tariff rate on semiconductor imports from China will double from 25% to 50% by 2025, targeting strategic sectors such as electric vehicles (EVs), batteries, semiconductors, solar cells, medical products, steel, aluminium, critical minerals, and ship-to-shore cranes.
“This move to increase levies on targeted China products will result in Chinese companies, which are already supplying to the United States, looking at putting orders through other companies in the South-East Asia region currently serving the United States market,” Malaysia Semiconductor Industry Association president Datuk Seri Wong Siew Hai told Starbiz..

Related links:

United States tariff hike will benefit Malaysia...

Strategise to bypass Trump tariffs, including acquisitions of Chinese firms, say experts

U.S. tariffs could slow M&A activity in first half of 2025: KPMG report

Malaysia urges Chinese firms to avoid using it to dodge US tariffs<br>

Evening Crest Sdn Bhd