On 26 March, AMCHAM conducted a Location Manufacturing Warehouse Workshop in Penang, attended by 33 members from the Malaysian American Electronics Industry (MAEI) committee. The session provided a platform for industry representatives to discuss the current challenges and opportunities within the Licensed Manufacturing Warehouse (LMW) framework.
The insights gathered will help AMCHAM better understand industry needs and contribute to ongoing engagements on policies that support Malaysia’s evolving manufacturing landscape.
We extend our sincere appreciation to all participants for their valuable insights and active engagement, making this a productive and impactful session.
IBCP Info Day
Have you heard of the IBCP? It’s where purpose meets passion — and your journey starts here!
Discover how IBCP can turn your curiosity into opportunity:
- Save the date: 23 April 2025
- Two sessions: 10 AM and 5 PM
Perfect for busy schedules — pick your time!
RSVP at https://igbis.typeform.com/
IGBIS April Open Day
Confidence, curiosity, and courage – nurtured from the start. See how we shape future-ready learners at IGBIS this Open Day. Sign up now at https://igbis.edu.my/
The Malaysian Government announced in the 2025 Budget Speech that the Stamp Duty Self-Assessment System (SDSAS) will be implemented in phases starting 1 January 2026. To facilitate this, the Finance Act 2024 and the Measures for the Collection, Administration, and Enforcement of Tax Act 2024 were officially gazetted on 31 December 2024.
To help our members navigate this transition, AMCHAM hosted an exclusive briefing on 27 March, featuring Margaret Lee and Jason Kwok from PwC Malaysia. They provided expert insights into the implications of SDSAS on businesses and transaction costs. The session covered key topics such as stamp duty principles, practical stamping procedures, compliance requirements, penalties for non-compliance, and the Self-Assessment System.
A big thank you to our speakers for their valuable insights and for addressing our attendees’ questions!
The Malaysia Competition Commission (“MyCC”) has published an Interim Report on the Market Review of the Digital Economy Ecosystem under the Competition Act 2010 on 4 March 2025. This Market Review, conducted under Section 11 of the Competition Act 2010, seeks to assess the competitive landscape, market structure, and regulatory framework governing Malaysia’s digital economy.
On 21 March, Boeing and Malaysia Aviation Group (MAG) announced a strategic order of 18 Boeing 737-8 and 12 Boeing 737-10 jets— a major step in modernizing Malaysia Airlines’ fleet with more fuel-efficient aircraft.
With these advanced aircraft, Malaysia’s flag carrier will introduce premium lie-flat seating while catering to the rising air travel demand in one of the world’s fastest-growing aviation markets—Southeast Asia.
This order highlights Boeing’s longstanding partnership with Malaysia and reaffirms its commitment to advancing the nation’s aviation sector. Additionally, Dato’ Siobhan Das, AMCHAM’s CEO, remarked, “With the Boeing Composite Malaysia factory in Kedah making components for every aircraft type of the Boeing supply chain running through Malaysia, we feel very connected to the new announcement and Malaysia’s role in global value chains and supporting the U.S. aviation industry.”
Congratulations to Boeing on this incredible milestone!
Read the full press release here:
AMCHAM had the privilege of meeting with YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI), to discuss Malaysia’s economic resilience, evolving global trade dynamics, and strategies to enhance the investment climate.
The discussion focused on key priorities, including:
- Strategic Positioning: Strengthening Malaysia’s role as a regional trade and investment hub by enhancing regulatory efficiency and reducing barriers to investment.
- Supply Chain Resilience: Ensuring seamless cross-border transactions and fortifying verification systems to maintain Malaysia’s competitiveness in global supply chains.
- Talent Development: Addressing workforce upskilling and reskilling to meet the demands of high-value industries and sustain economic growth.
- Ease of Doing Business: Streamlining policies and enhancing market access to encourage business expansion and SME growth.
- US-Malaysia Engagement: Strengthening collaboration with the United States around trade challenges, enhancing economic ties, and supporting innovation-driven investments.
- Sustainability and Circular Economy: Promoting sustainable growth through regulatory clarity, industry partnerships, and incentives for businesses adopting circular economy practices.
AMCHAM remains committed to working with MITI and relevant stakeholders to ensure Malaysia remains a premier destination for high-value investments, technological advancement, and sustainable economic development.
