Hong Kong SAR, China, October 4, 2021 — FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, announced that Kawal Preet, President of FedEx Express, Asia Pacific, Middle East and Africa (AMEA) region, has signed the CEO statement of support for the Women’s Empowerment Principles (WEPs) – Equality Means Business.

Established by the United Nations Entity for Gender Equality and the Empowerment of Women and the United Nations Global Compact, the WEPs are a set of seven actions that companies choose to adopt to advance gender equality and empower women in the workplace and community.

Preet endorsed the statement of support in the presence of regional leadership and team members in Hong Kong.

Across the AMEA region, women are underrepresented in the establishment and growth of small business and cross-border trade.[1] According to the World Economic Forum’s Global Gender Gap Report 2021, the COVID-19 pandemic has raised new barriers to building inclusive and prosperous economies and societies, resulting in an increase in closing the global gender gap by a generation from 99.5 years to 135.6 years.[2]

Recognizing that companies play a major role in improving gender balance in the workplace, Preet said, “Embracing diversity, equity and inclusion (DEI) is part of who we are and what we do. DEI is an integral part of our culture and a vital business priority to deliver a better future for all team members, customers and communities. Endorsing the WEPs is another important step towards building an engaged and inclusive workplace where everyone has an equal opportunity to participate and succeed.”

With People-Service-Profit philosophy at the heart of the company, FedEx is a strong supporter of gender equality both inside and outside of the organization, and was named one of the Best Workplaces in Asia TM for 2021 by Great Place to Work®.

[1] Women’s Empowerment and Gender Equality – The Asia Foundation

[2] Global Gender Gap Report 2021 | World Economic Forum (weforum.org)

The rapid advancement of digital adoption has been a disruptive force within the business community. In this new landscape, data has been a hot commodity that creates a vast supply of opportunities with the emergence of cloud computing, artificial intelligence (AI) and machine learning. According to a report by IDC, the total amount of data generated in the world last year was estimated at 64.2 zettabytes (1 zettabyte: a trillion gigabytes).

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It is time to renew your membership at AMCHAM. We are incredibly grateful for your support in 2021, and as we approach 2022 with renewed energy, we need you to continue to be alongside us at every step. Our Tiered Membership offers you the opportunity to support a strong and sustainable partner to face the challenges of 2022 with.

The past two years showcased our resilience and our ability to respond effectively, not just through critical advocacy and best practice sharing, but also by establishing an effective and sought after information resource. The communications program, from email and WhatsApp alerts to the website, was one of the critical deliverables that was only possible because of your investments in the past.

Your membership and the depth of your commitment to a strong Chamber matters. We invite you today to ensure your AmCham remains strong and able to grow so it can face the unknown challenges ahead of us.

In the coming months, you will see further growth in the Chamber shaped by the needs emerging from the recovery Malaysia is facing. From new hires, a proactive engagement program and increased advocacy opportunities, along with more face-to-face interactions and networking, we are looking forward to a very exciting 2022.

Move up a level and help us build stronger. The new Tiered Membership model has proven to be very appealing to our members by providing greater flexibility in driving issues and engagements through the Chamber. We recommend you review the tiers and to consider an increase in your membership level. With your support, we can build a stronger community, grow the Chamber and continue to serve you as best we can.

Each tier brings your company a different level of visibility, engagement, and direct involvement with key aspects of the Chamber. Attached is a PDF that outlines the structure in greater detail. (Kindly click the download link below to view the PDF)

The team at AMCHAM are ready to help you with your 2022 renewals, contact us at [email protected]. Alternatively, you may also call our Business Development Executive, Kevin Roch at (03 2727 0070) for more details and to request your invoice. Thank you for your support for a strong and sustainable American-Malaysian Chamber of Commerce.

Download the 2022 Corporate Membership Tiers Brochure

HSBC Holdings plc (HSBC) and Temasek today entered into a partnership to establish a debt financing platform dedicated to sustainable infrastructure projects with an initial focus on Southeast Asia, as part of efforts to reduce climate change. HSBC and Temasek will invest up to a combined US$150 million of equity to fund loans, working alongside the platform’s strategic partners in the initial phase.

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Public Investment Bank Bhd (PublicInvest) expects Gamuda Bhd to continue its firm earnings recovery given the high vaccination rate in Malaysia and the reopening of economic sectors. PublicInvest said Gamuda’s outstanding orderbook remained solid at RM4.5 billion, providing an earnings visibility for the next two years.

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