Following the announcement of changes made to the SOPs for the period of Movement Control Order (MCO), the Ministry of International Trade and Industry (MITI) has released a set of FAQs. This FAQ is applicable to the Manufacturing Sector and Related Services as well as its supply chain during the MCO 3.0 for the period of 25 May to 7 June 2021.
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AMCHAM’s 44th Annual General Meeting will be held on Tuesday, 15 June. As a voting member of the Chamber, you are invited to attend and participate.
While we have always attempted to hold these in-person, with the current situation with COVID-19 we are currently registering for an online/virtual program. This AGM will be accessible via the Microsoft Teams platform. Please save the date in your calendars and we will keep you apprised of developments.
EVENT DETAILS
Date: Tuesday, 15 June 2021
Time:
8:50 a.m. – Meeting Link LIVE
9:00 a.m. – AGM Begins
10:00 a.m. – AGM Ends
VOTING MEMBERS: Only the designated Corporate Representatives of member companies are eligible to vote. If you, the Corporate Representative are unable to attend, we highly recommend that you appoint a proxy. If you need a proxy form, please contact [email protected]
Please RSVP for the AGM early to ensure we can reach the required quorum. On the day, please log in to Microsoft Teams at least 10 minutes prior to the start of the scheduled session.
For more information, please contact the Executive Office at [email protected]
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AGM Luncheon: As per AMCHAM’s tradition the AGM luncheon is a signature program for the Chamber and a chamber for members to come together. Registration for the Luncheon will be a separate action (this is a KIV notation).
YB Khairy Jamaluddin, Minister for Science, Technology and Innovation has agreed to be our guest of honor and speak to the AMCHAM membership for this occasion. Given the circumstances, we are working closely with his office to see if the date (June 15) is still an option or if we can/need to push it into the following week. Tentatively, the Four Seasons will be the venue and we will have a limited number of seats to ensure the safety protocols are met. Please keep an eye out for the update.
EVENT SPONSORSHIP: If you are interested in being a sponsor for the AGM Luncheon, please contact [email protected]. All of us at AMCHAM are grateful for your support which helps AMCHAM be a stronger platform for your company.
Networking is crucial to the success of Government Relations (GR) practitioners. Knowing how to form and manage relevant contacts can be a challenge. Today, AMCHAM hosted a two-part panel discussion on navigating the intricacies of developing connections. This marks the second edition of the GATE Program for GR practitioners both new and experienced alike.
The first session focused on building and maintaining connections made. Ho Suu Wei, APAC Director of Public Policy and Economic Graph, LinkedIn kicked off this session with a presentation on growing networks via the LinkedIn platform and set the stage for today’s discussion. The panel discussion included experienced local and regional government relations practitioners – Shaun Levine, Head of Government Relations, SEA, Metlife; Rohaya Mamat, Regional Director, IFRA Asia Pacific, International Fragrance Association (IFRA), moderated by Belinda Ford, VP Public Affairs, Sustainability and Communications, ASEAN and South Pacific, The Coca-Cola Company. Each panellist talked about their experiences, lessons learnt, best practices and pitfalls to avoid.
The second session placed emphasis on how and when organizations and their GR practitioners should leverage on external agencies for support. Dr. Marcella Lucas, Innovation, Strategy, & Leadership Consultant, moderated this discussion. She was joined by Azwar Kamarudin, Country Government Affairs Head, Novartis Malaysia; Abdul Rahman Abu Haniffa, Government Engagement Director, General Electric; and Erik Ramp, Managing Director, Malaysia BSC, Japan & Asia Pacific, Strategy & Operations, Edwards Lifesciences.
Another very successful entry in our GATE program. Special thanks to the U.S. Embassy Kuala Lumpur and Paypal for supporting this program and thank you to our panel of speakers for all the insights. Look out for our next session on June 14th.
KUALA LUMPUR (May 21): Senior lawyer Khoo Guan Huat, a partner in law firm Messrs Skrine, has been appointed as one of the conciliators and arbitrators of the International Centre for Settlement and Investment Disputes (ICSID), an agency placed under the World Bank.
Khoo’s appointment, representing Malaysia, is for a period of six years beginning May 12 until 2027.
ICSID is based in Washington DC, United States, and is the world’s leading institution devoted to international investment dispute settlement. It is said to have extensive experience in this matter having administered the majority of all international investment cases where countries have agreed on ICSID as a forum for investor-state dispute settlement.
GAMUDA Bhd has proposed to the government for the four highway concessions under its stable to be placed into a trust company, in an exercise it describes as a capital market solution to toll compensation woes.
In return for putting the highways into a trust, sources say the company has proposed that there would not be any more toll rate hikes, the government need not fork out any money, and the risks will be entirely with the investors of the trust company.
In the proposal that has been sent to the Works Ministry, Gamuda proposed that the highways be placed in a special purpose vehicle called Amanah Lebuhraya Sdn Bhd. The highway trust company will be overseen by a board of directors.
Amanah Lebuhraya would then go on to raise money from bond investors to buy up the four highways from Gamuda. In return, Gamuda — the main proponent of the highway trust — envisages that bond investors would get a return of about 5%.
By Jim Falteisek, Senior Vice President, Asia Corporate Affairs, 3M.
We are familiar with the concept of mentoring. Typically, a more senior employee is tasked with guiding a junior colleague. But what if we told you it could be the other way around?
Gone are the days that seniority means superiority. The world is increasingly fast-paced today, and more and more millennials are joining the workplace.
There are approximately 1.1 billion millennials in Asia. In Malaysia, there are 9.5 million young workers.
Typically characterized as flexible, adaptable, and tech-savvy, millennials offer much to the workforce, and older generations indeed have a lot to learn from the young.
More companies, like 3M, are therefore pairing their senior leaders with younger mentors in this concept called reverse mentoring. There are several benefits, including imparting critical perspectives on strategic thinking, leadership, mindsets, and values in the workplace. They also provide leaders an insight into the minds of the younger generation, allowing leaders to better understand their values, priorities and motivations, how they wish to be treated, and how to optimize their talents to enhance engagement and retention, ultimately building bridges between generations. It allows us to confront ageism in the workplace head-on – by getting both younger and older generations to share their perspectives, foster better understanding, and dispel myths.
