AMCHAM’s Annual Report details the Chamber’s activities, events, finances, successes and initiatives throughout 2022.
Click here for the full report
On 25 May, AMCHAM held a Members’ Briefing & Networking session at the new Philip Morris Malaysia (PMM) office. It was an excellent opportunity for members to expand their network and meet some of the new members who just joined recently.
Naeem Shahab Khan, Managing Director, Philip Morris Malaysia and his team at PMM hosted the members. The PMM team took members through a short gallery walkthrough to learn about PMM’s transformation journey. The members were also brought through an enlightening demonstration of a scientific machine which showcases the noticeable differences between PMM’s IQOS and traditional cigarettes, as part of their efforts to a smoke-free future.
Siobhan Das, CEO, AMCHAM, provided the updates from the Chamber’s end – the recent meetings along with both ongoing and upcoming initiatives. Thank you to Naeem and his team for hosting us. It was a very insightful and meaningful evening.
Azmi & Associates has recently released 2 new articles. Click on the links below to read the articles:
- A Closer Look into Malaysia’s First Carbon Auction by Bursa Carbon Exchange
- Bursa Malaysia Enhances Main Market Listing Requirements
Kuala Lumpur, 24 May 2023 – Clean energy expert, Solarvest Holdings Berhad (“Solarvest” or the “Group”) has today announced the successful completion of a 1.1 megawatt-peak (“MWp”) rooftop solar photovoltaic (“PV”) installation project for Bromma (M) Sdn Bhd (“Bromma”) at its manufacturing plant in Chemor, Perak.
Solarvest served as the engineering, procurement, construction, and commission (“EPCC”) provider for the rooftop installation of solar PV panels with an expected annual clean electricity generation of 1,497.8 megawatt-hour (“MWh”). This allows Bromma to offset 957 tonnes of carbon dioxide emissions, which is the equivalent to the air-purifying effect of 43,505 mature trees.
Hong Kong SAR, China, May 25, 2023 — FedEx Corp. (NYSE: FDX) has launched FedEx Innovation Lab (FIL) to cultivate and collaborate with rising early-stage digital start-ups in the key market of India as well as the wider region.
FIL will make early-stage investments in these partnerships and bring additional value in terms of capabilities and speed to market to start-up firms through the FedEx network, resources, and global customer base. These collaborations will help expand FedEx advanced digital capabilities globally as it continues to evolve its operations and product offerings to meet the needs of the modern supply chain. The partnerships formed through FIL will benefit customers globally.
FIL’s first investment is in Mad Street Den, a computer vision and Artificial Intelligence (AI) company that is a leader in enterprise AI solutions. The start-up’s AI platform enables marketing, product and technology teams to improve and optimize efficiencies. Their products are deployed across several industries, including retail, healthcare, finance, media and entertainment, education, and more.
“Innovation is embedded in our business strategy. As we celebrate our 50th anniversary this year, the launch of FIL is another exciting step in creating What’s Next for our customers. We are committed to using advanced technology and data-driven insights to create smarter supply chains with differentiated offerings to deliver greater value and experience for customers,” said Kawal Preet, president, Asia Pacific, Middle East, and Africa (AMEA) region, FedEx Express.
FIL is looking for more collaborations to help create smart logistics for all. FIL’s primary focus is India, which has progressed in the ranks of the Global Innovation Index[1] and is the primary focus for FIL providing a rich pipeline of early-stage digital logistics firms from which FedEx can curate a meaningful portfolio of partners. The wider region is also a hotbed of technological innovation[2] and partnership opportunities.
“India is now home to the world’s third largest start up ecosystem and at the core of innovation strategies for global technology leaders which makes it an ideal market for the FedEx Innovation Lab to build technology-driven partnerships,” said Kami Viswanathan, senior vice president, FedEx Express, Middle East, Indian Subcontinent and Africa region. “There is much mutual benefit that can be gained through this approach as well as a tremendous opportunity to help transform the global logistics industry. We would welcome any interest from innovators with a shared interest in our vision.”
[1] https://www.drishtiias.com/daily-updates/daily-news-analysis/global-innovation-index-2022
[2] https://techcollectivesea.com/2022/09/16/apac-startups-kpmg-report/
KUALA LUMPUR, 22 MAY 2023 – Malaysians are facing a possible heat wave and are exposed to increased health risks with temperatures remaining very high across Southeast Asia. In Malaysia, heat waves are defined when the daily maximum temperature exceeds 37 degrees Celsius for three (3) consecutive days. As on 12 May 2023, The Ministry of Health (MOH) recorded a total of 14 cases of heat-related illness amid the current hot spell. Of that number, four were heat stroke cases, four more due to heat exhaustion while another six were related to heat cramps. MOH Malaysia expects the number of such cases to increase in this hot weather till August 2023.
International SOS, the world’s leading security and health services company, is actively addressing the ongoing heat wave in Southeast Asia, providing essential guidance to ensure the safety and wellbeing of individuals living in or traveling to the region. As temperatures soar and the risk of heat-related illnesses increases, International SOS emphasizes the importance of taking precautionary measures to stay safe and healthy.
Dr Chan Yanjun, Medical Director at International SOS, highlights the importance of being proactive during such extreme weather conditions. She states, “Heat waves can lead to heat exhaustion and heatstroke, which can have severe consequences on health. It is crucial to prioritise personal well-being and take necessary precautions to prevent heat-related illnesses.”
“The normal human body temperature is 37± 1°C. For our internal body temperature to be maintained around 36–37.5°C, there must be equilibrium between the amount of heat generated within the body and the heat transfer to or from it,” Dr Chan continues. “In hot environments, people need up to 3 litres of fluid per day compared to the 2 litres per day on a cooler day. Besides keeping hydrated, the human body can become more tolerant to heat through a process called ‘acclimatisation’ where our body adapts to the environment. This process happens over several days to a week – not in a few hours. Acclimatisation is useful after 7-10 days of exposure, with a progressive approach of 2 hours per day in hot environment,” she adds.
To assist the public in staying safe during the heat wave, International SOS offers the following five essential tips:
Stay Hydrated: Drink plenty of fluids, especially water, regularly – about every 20 minutes, before you feel thirsty. Avoid excessive consumption of caffeine, alcohol and very sugary drinks, as they can contribute to dehydration.
Dress Appropriately: Wear loose-fitting, lightweight, and light-coloured clothing to allow your body to breathe and stay cool. Protect your head and face with a hat and use sunscreen to prevent sunburn.
Seek Shade: Avoid direct exposure to the sun, particularly during peak heat hours. If possible, stay indoors or find shaded areas when the sun is at its strongest, typically between 10 a.m. and 4 p.m.
Take Regular Breaks: If engaging in outdoor activities, schedule frequent breaks to rest and cool down in shaded areas. Listen to your body and do not overexert yourself.
Monitor High-Risk Individuals: Keep a close eye on children, elderly individuals, and those with pre-existing medical conditions, as they are more susceptible to heat-related illnesses. Ensure they have access to cool environments and sufficient hydration.
International SOS continues to closely monitor the situation and advises individuals to heed the guidance of local authorities regarding any specific measures or restrictions implemented due to the heat wave.
For further information on how International SOS supports organisations and their people in Malaysia and around the world, visit https://www.internationalsos.com/.
