Back to Business: An Update on Travel for Asia-Pacific

As countries worldwide prepare to re-open their economies, international travel is poised to resume. However, in the absence of globally accepted vaccine regulations and passports, would-be travelers need to navigate a complex and rapidly changing patchwork of vaccine, testing, and quarantine requirements, specific to each destination.

AmChams of the Asia Pacific (AAP) led by AmCham Thailand organized a regional conference on the immediate issues facing international travel this morning. A timely conversation to be having considering that countries are preparing to re-open their economies. Participants had the opportunity to have an open dialogue with the opening presenters – Alfredo Montufar Helu, The Economist Intelligence Corporate Network, Vinoop Goel, International Air Transport Association (IATA), and  Adh T. Stevens, Second Secretary, and Consul, U. S. Embassy Beijing.
 

Following the plenary presentations, participants were assigned to destination-specific breakout sessions, where they had the opportunity to network and join an interactive discussion about country-specific information led by an AmCham Executive Director and a leading expert in the travel field. Gary Bowerman, an experienced Asia travel and consumer trends analyst and consultant represented the Malaysia breakout room which was moderated by Siobhan Das, CEO of AMCHAM Malaysia.

AMCHAM Malaysia would like to thank Heidi Gallant, Executive Director of AmCham Thailand, and her team for a great session this morning. We hope to have more collaborative sessions like this in the future.

Keysight to Install Rooftop Solar Array in Penang, Malaysia

Keysight Technologies, Inc., a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced the installation of a rooftop solar array at the company’s largest site, located in Penang, Malaysia, with the completion estimated for Spring 2022.

Read More – https://www.keysight.com/my/en/about/newsroom/news-releases/2021/1026-nr21145-keysight-to-install-rooftop-solar-array-in-penang–.html

Micron Technology Inc. optimistic with investment in Malaysia

Micron Technology, Inc, the largest U.S. memory chips manufacturer, is optimistic with its investment in Malaysia, riding on the positive wave of the semi-conductor sector, and digital economy.

Global Operations Executive Vice President, Manish Bhatia said, robust demand in computer memory, and computer data storage, both in the global and Malaysian market, would be key factors that contribute to the company’s expansion in Malaysia.

Click here to view – https://www.youtube.com/watch?v=Qyk_TdOKT30 

InvestPenang inks MoU with HSBC Malaysia to attract high-quality FDIs

InvestPenang and HSBC Bank Malaysia Bhd have signed their first memorandum of understanding (MoU) that aims to bring high-quality foreign direct investments (FDIs) into Penang and Malaysia by tapping their respective comparative advantages. With its strategic location in the ASEAN region and significant integration in the global supply chain, Penang is a preferred investment destination for multinational corporations (MNCs).

Read More: https://www.theedgemarkets.com/article/investpenang-inks-mou-hsbc-malaysia-attract-highquality-fdis

Iskandar Investment, Common Ground to develop RM2.5 mil co-working space in Johor

Iskandar Investment Bhd (IIB) will collaborate with Common Ground Works Sdn Bhd to build an RM2.5 million co-working space in Johor. A collaborative agreement had been signed between its subsidiary IIB Ventures Sdn Bhd and Common Ground Works Sdn Bhd to develop and operate the co-working space, called Common Ground Iskandar Space (CGIS), at Medini, Iskandar Puteri, which is Johor’s digital hub.

Read More: https://www.theedgemarkets.com/article/iskandar-investment-common-ground-develop-rm25-mil-coworking-space-johor# 

Prime Minister launches the National Trade Blueprint

Monday, October 25, 2021, Kuala Lumpur: Prime Minister Dato’ Sri Ismail Sabri bin Yaakob has launched the National Trade Blueprint or NTBp, a blueprint to increase Malaysia’s trade competitiveness through improved business ecosystem.

The Blueprint outlines a 5-year (2021-2025) development strategy and initiatives to enhance Malaysia’s trade competitiveness, specifically in the exports of merchandise. The Blueprint aims to position Malaysia as a dynamic and pre-eminent trading nation through sustainable export development.

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