Kuala Lumpur, Malaysia, June 13, 2024 — Federal Express Corporation, one of the world’s largest express transportation companies, announced the six winners of the 2024 FedEx/Junior Achievement International Trade Challenge (FedEx/JA ITC) Malaysia Finals. The winners will advance to the FedEx/JA ITC Asia, Middle East and Africa (AMEA) regional finals to be held in August 2024.

For the past 16 years, FedEx has been collaborating with Junior Achievement (JA) Malaysia to foster the growth and development of Malaysian youth. Through the ITC program, FedEx and JA Malaysia provide students with team activities and customised workshops focused on global trade, paving the way for their future success as leaders of commerce.

The six students who will represent Malaysia at the regional finals are:

1. Team: The Randoms

Names of students: Cheong Chun Kit & Yeong Yun Lam

School: Catholic High School

Product name: Shower Timer

Product presented:A timer that limits shower duration and preheats water. Users can monitor and control their water usage via an app, helping them understand their daily consumption, increase awareness and save both water and money.

2. Team: Aqua Wonders

Names of students:Shivani Unnamalai A/P Sinna Annamalai & Julia Jasmine Binti Jufri

School:SMK Convent Green Lane

Product name: Circulon

Product presented: An ultramodern enhanced water filter that collects wastewater throughout the house, then decontaminates, filters and circulates it back into the system.

3. Team: Hydro Quest

Names of students: Anshul Bangalore Aratish & Hwang Yeseong

School: Tanarata International School

Product name: Mini Sprinkler

Product presented: An alternative way to provide the right amount of water at the right time for the healthy growth of plants without the owner’s presence.

The upcoming regional finals will return to an in-person event for the first time since the pandemic. Taking place in Singapore in August, the Malaysian winners will compete with students from Hong Kong, India, Japan, Korea, Indonesia, Philippines, Singapore, Thailand and Vietnam. Malaysian students will have a unique opportunity for collaborative brainstorming, exchanging of ideas and insights and engaging in constructive discussions with peers hailing from a rich tapestry of cultures from across the region.

This year, the students were challenged to develop a market entry strategy targeting Australia for a product centered around water conservation. This project is timely and relevant as extreme heat has impacted Australian ecosystems and infrastructure.

“I am deeply impressed by the passion, enthusiasm and perseverance from young and talented students,” said Woon Tien Long, managing director of FedEx Malaysia. “They have really gone above and beyond to demonstrate their creativity and out-of-the-box thinking, which is crucial in today’s business environment. The ITC program creates an opportunity for young talents to amass their ideas and transform them into reality, which is a critical component of entrepreneurship. This program also embodies our vision of developing future business leaders and equipping them for the dynamic and rapidly changing macroenvironment.”

Since 2008, more than 9,200 Malaysian students have participated in the FedEx/JA ITC competition, with two students making it to the Top 3 teams at the Regional Finals in 2019.

More information about the 2024 FedEx/JA ITC can be found on the JA Malaysia website www.jamalaysia.org/.

On 2 April 2024, the Minister of Human Resources of Malaysia (“the Minister”), through Gazette Notification P.U.(B) 128/2024, stipulated that the Occupational Safety and Health (Amendment) Act 2022 (“Amendment Act”) will take effect on 1 June 2024.

Concurrently, the following subsidiary legislation will also be enforced on the aforementioned date:

  1. Occupational Safety and Health (Plant Requiring Certificate of Fitness) Regulations 2024 [P.U.(A) 99/2024] (“Certificate of Fitness Regulations”);
  2. Occupational Safety and Health (Licensed Person) Order 2024 [P.U.(A) 100/2024] (“Licensed Person Order”).

In this article, Skrine provides their responses to some of the frequently asked questions regarding the Amendment Act and subsidiary legislation.

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On June 12, AMCHAM, in collaboration with the U.S. Commercial Service Malaysia, Clean Edge Asia, and the U.S. Embassy Kuala Lumpur, hosted the U.S. – Malaysia Clean Tech Forum 2024. Building on the success of the previous Clean Tech Forum, this forum brought together vital U.S. and Malaysian stakeholders to explore collaborative approaches to achieving a clean economy.

With a special focus on Sarawak, the forum delved into best practices in Carbon Capture Storage (CCS) and Green Hydrogen, featuring expert speakers from both nations.

The event was graced by the Premier of Sarawak, The Right Honorable Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari Bin Tun Datuk Abang Haji Openg, who provided the keynote address. 

The first panel session of the day – Pathways Towards Common Goals. This session was moderated by Siobhan Das, CEO of AMCHAM and focused on Sarawak’s role in strengthening Malaysia’s transition policy, technology, and financing tools. Joining her were four esteemed panelists:

  • YB Datuk Hj Hazland Bin Abg Hj Hipni, Sarawak Deputy Minister for Energy and Environment Sustainability (MEESty) 
  • Geoffrey Tan, Managing Director, U.S. International Development Finance Corporation (DFC)
  • Kevin Toohers, Regional Manager for SEA and Pacific, U.S. Trade & Development Agency (USTDA) 
  • Christina Cheah, Head of Global Banking, HSBC Malaysia

In line with last year’s format, attendees were divided into two breakout sessions: CCS and Green Hydrogen. These sessions offered a thorough exploration of immediate and long-term strategies in these sectors.

The session on CCS was moderated by Faez Abdul Razak, Partner, Wong & Partners and featured:

  • Dr. James Foo, Chief Operating Officer at Petroleum Sarawak Berhad (PETROS)
  • Michael Harrison, Partner at Baker Botts
  • Eric Strayer, Vice President, International Business and Partner Development at FuelCell Energy
  • Jasmine Voo, Sustainability Director, Value Creation of PricewaterhouseCoopers

The session on Green Hydrogen featured Dato’ Ami Moris, Executive Chair, Cypark Resources Berhad as moderator. Speakers featured: 

  • Robert Hardin, Chief Executive Officer at SEDC Energy (SEDCE)
  • Ramani Velu, President, Southeast Asia at Air Products and Chemicals
  • Ir. James Ung, Group Chief Operating Officer at Sarawak Energy Berhad
  • Adam Bacon, Vice President Asia at Bloom Energy.

The final panel, focusing on next steps, was moderated by Francis ‘Chip’ Peters of the U.S. Embassy Kuala Lumpur and included insights from breakout session moderators, with participation from Yeong Chuan “YC” Lim of Honeywell.

We extend our sincere thanks to all speakers and panelists for their invaluable contributions. Special thanks to HSBC for their Platinum Sponsorship, which was instrumental in the success of this forum. We trust that attendees gained valuable insights to propel their Clean Tech initiatives forward.

 

Not too long ago, flexible working was an uncommon concept practised only by eccentric-work-alone entrepreneurs. When the Covid-19 pandemic hit, “Work from Home” seemed to have been instructed overnight in line with circuit breakers and lockdowns imposed by governments worldwide in an attempt to fend off increasing Covid-19 infections. Malaysia was no different. This has significantly changed the landscape of work.

Fast forward four years, “Work from Home” has now not only become an irreversible international working norm but increasingly, the default, even in Malaysia. Employees now look for this additional perk to be entrenched in their terms and conditions of employment. “Work from Home” has also taken on new meaning and has evolved into telecommuting or remote

This article by Skrine looks into the common issues that may arise in implementing flexible working arrangements in Malaysia

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Port of Tanjung Pelepas (PTP), a joint venture between Malaysia-based MMC Group and Netherlands-based APM Terminals, achieved a new milestone by handling a record 1.08 million twenty-foot equivalent units (TEUs) in a single month.

This achievement, accomplished without any congestion, reinforces PTP’s position as Malaysia’s busiest and largest transshipment hub.

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Singapore, June 7, 2024 – Federal Express Corporation, one of the world’s largest express transportation companies, announced the appointment of Sandeep Shahi, as Vice President, Information Technology in Asia Pacific. He will drive the company’s technology operations in Asia Pacific.

Sandeep started his career in Germany with SAP AG before joining the logistics industry to lead digital transformation and the adoption of digital solutions playing a key role in the modernization of integrated IT architectures.

Operating at the intersection of the physical and digital worlds, FedEx’s business strategy in the Asia Pacific region is deeply rooted in innovation. The company is dedicated to making supply chains smarter by deploying technology to enhance the service experience, automate processes, and improve efficiency for customers.

Some examples include FedEx Dataworks which harnesses the company’s rich data ecosystem to help optimize internal operations, fuel innovation, and build more intelligent supply chains around the globe. FedEx new digital platform called fdx, will offer end-to-end e-commerce solutions for businesses of all sizes. This first-of-its-kind data-driven commerce platform will connect the entire customer journey and make it easier for SMEs to manage their supply chain. To enable transparency in sustainable reporting, FedEx has also introduced FedEx® Sustainability Insights. This innovative cloud-based data engine allows customers to measure the carbon footprint of their shipments using near real-time FedEx network data to estimate CO2e emissions.