It’s an exciting start of the week at AMCHAM! AMCHAM’s CEO, Siobhan Das, and the GR team headed up North to meet with our members, specifically our MAEI members to discuss 2022 plans! We were also honored to be invited for tours at Lam Research, Intel and Inari Bayan Lepas. Thank you to our kind hosts and we look forward to a fruitful, prosperous year ahead!
HSBC Malaysia launched the HSBC Global Wallet, Malaysia’s first multi-currency digital wallet that enables small-and-medium enterprises (SMEs) to make and receive international payments with ease and confidence from one single global account. As international borders open up and global trade rebounds, stronger participation in global markets by Malaysian SMEs will bring new opportunities for international expansion and growth.
Azmi & Associates has released 2 new articles for January 2022.
1. Asia’s Giant Free-Trade Agreement Enters into Force
2. Taxpayers’ Rights Pursuant to Section 106A of the Income Tax 1967
Novartis Malaysia Sdn Bhd continues its commitment to keeping Malaysian frontliners and at-risk communities safe during the COVID-19 pandemic by ensuring access of treatments to patients across critical therapeutic areas. From 2020 to 2021, Novartis Malaysia contributed over RM3 million, keeping nearly 210,300 frontline healthcare workers and vulnerable communities nationwide safe from the outbreak.
Micron Technology teamed up with MyKasih Foundation and donated RM200,000 to help families rebuild their homes after the recent devastating floods.
“The community is no stranger to us (Micron) and with the recent flash flood in Malaysia, we want to do our part supporting relief efforts and helping the affected families and ease their burdens with the donation through MyKasih Foundation.
AMCHAM’s CEO Siobhan Das was invited to participate as a panelist at the CEO Series 2022 organized by REHDA Institute. She participated in the second panel discussion themed “Attracting strategic foreign investment into Malaysia: How can Malaysia differentiate itself regionally?”
Joining the panel discussion were Dato’ Arham Abdul Rahman, CEO, Malaysian Investment Development Authority (MIDA), Dato‘ Seri Koe Peng Kang, President, FIABCI Malaysia & Deputy President and COO, S P Setia Berhad, Mr. Oliver Roche, Chairman, EUROCHAM Malaysia, Datuk Tee Guan Pian, Director, Malaysia-China Business Council (MCBC) and Datuk Seri Dr Michael KC Yam, Chairman, InvestKL moderated the session.
Dato’ Arham Abdul Rahman started off the session by presenting some of Malaysia’s FDI achievements, emphasizing on the improved investments in the 1st – 3rd quarter of 2021, and cited the top FDI sources and some of the high quality projects. Topics discussed included Malaysia’s talent pool, digital technologies, the need to have a stable ecosystem for investment, regulations, the ratification of treaties such as the RCEP, and liveability. Panelists provided their input on how to address the issues and the way forward.
Thank you to REHDA Institute for inviting our CEO to be a panelist. We look forward to more engaging discussions as 2022 continues to unfold.
