On 24 May, AMCHAM hosted a powerful roundtable with YB Tuan Gobind Singh Deo, Minister of Digital, and his team. The discussion focused on the future of Malaysia’s digital economy, with a particular emphasis on cloud services, cybersecurity tailored to AI/5G, productivity-enhancing policies, and more. We were also honored to have H.E. Edgard D. Kagan, U.S. Ambassador to Malaysia, and other U.S. Embassy representatives in KL.

With member companies that straddle various parts of the digital ecosystem, today’s discussions centered around three major areas – enhancing the regulatory framework for digital services and cloud computing in Malaysia, positioning Malaysia as a secure and reliable hub for data storage and processing, and promoting innovation through advanced digital policies and infrastructure within the Malaysian government.

Under the Chatham House Rule, members could provide the Minister with insights, ideas, and concerns. We deeply appreciated hearing directly from YB Tuan Gobind Singh and noted his sincere commitment to listening to stakeholders. AMCHAM looks forward to further productive engagements

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The National Anti-Corruption Strategy 2024-2028 (“NACS”) was launched by the Prime Minister of Malaysia, Dato’ Seri Anwar Ibrahim, on 7 May 2024. The headlines that grabbed the most attention in media coverage of the launch was a statement by Tan Sri Dato’ Sri Haji Azam bin Baki, the Chief Commissioner of the Malaysian Anti-Corruption Commission (“MACC”) that the country had lost a staggering RM277 billion due to corruption for the five-year period from 2018 to 2023.

This article provides a summary of the key points of the NACS.

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On 21 May, AMCHAM hosted a roundtable with the U.S. Overseas Security Advisory Council (OSAC) team from Washington, DC. This engagement was part of OSAC Asia’s goals to gain a comprehensive understanding of Malaysia’s corporate economic and threat environment.

The session included an “OSAC 101” regional briefing, which addressed timely security concerns across Malaysia. The session concluded with an interactive Q&A segment.

We thank the OSAC team for their valuable presentation and for engaging with our members.

Malaysia’s unique blend of diversity fosters a richer pool of ideas and perspectives. Do you believe diverse teams are more innovative? Amy Chua, President of SLB Asia talks to VOICE OF ASIA about how SLB has made Malaysia a hub for its regional operations on #InvestKLCoffeeChats.

With nearly 90 years of presence in the country, the global technology giant has capitalised on Malaysia’s industry excellence to establish several key manufacturing and service centres in Greater KL.

Catch the interview here