The Ministry of Human Resources has announced the implementation of the Employment Relaxation Plan of Foreign Workers to speed up the application process and employment approval for hiring of foreign workers in critical sectors.

On 19 January, AMCHAM organized a special briefing Enabling Technologies and the Opportunity for Malaysia for its members to hear and understand challenges impacting. With emerging technologies being central in managing tomorrow’s challenges, what are the opportunities open to Malaysia to help drive solutions for productivity while attracting foreign investment?

On Jan 17, AMCHAM hosted two informative sessions for our members in Penang: The Export Administration Regulations (EAR) & Its Implications to Malaysian Operations with Nathan Bush from DLA Piper, and subsequently a roundtable with Senior Representatives from the Semiconductor Industry Association (SIA).

On 16 January, AMCHAM hosted an engagement session with the CEO of Inland Revenue Board of Malaysia (IRB) and his team at AMCHAM Executive Office.

This meeting was an excellent opportunity for our members to meet and raise concerns to the IRB such as the complexities in taxation mechanisms and the policies, and more.

AMCHAM held its first event of the year – the 2023 New Year Cocktails at the Blue Tee Sports Bar at MST Golf Arena, The Gardens Mall.

The event was a lively one as members and friends were able to enjoy a networking session over a free flow of canapés, drinks, music, and took part in a lucky draw!

Intel has given its commitment to invest RM70 billion over the 10 years to expand its operations in Penang and Kulim, Kedah.

“This investment is expected to create more than 4,000 jobs at Intel and also over 5,000 jobs in the construction sector,” said Minister of International Trade and Industry Tengku Datuk Seri Zafrul Aziz.

A strong ESG proposition helps companies tap new markets and expand into existing ones. Demand for low-CO2—or “green”—products are ramping up as end customers, manufacturers, and governments push for increased sustainability and circularity.

BusinessToday held a recent discussion with McKinsey & Company Partner Vaibhav Dua and Associate Partner Rohan Jain, on the need for Malaysian companies to step up the pace of acclimatising with ESG investments.