AMCHAM is thrilled to announce our signature golf day, the 2024 Ambassador’s Cup, which will be held on Wednesday, 29 May 2024, at the iconic Royal Selangor Golf Club. Join us for an exhilarating day of networking and golf, which promises a perfect blend of challenges and enjoyment on the fairways and greens of one of Malaysia’s most esteemed golf clubs.

Slots are limited and on a first-come, first-served basis. Register early so you do not miss out on this exciting event! Sponsorship opportunities, including In-Kind, are available (see here); please reach out to Kevin Roch at kevin@amcham.com.my for more information.

On May 9th, AMCHAM hosted an exclusive roundtable discussion with the U.S. Treasury Under Secretary Brian Nelson. This session provided a valuable opportunity for members and non-members within the banking sector to engage directly with Under Secretary Nelson on critical topics related to terrorist financing and sanctions risks in Malaysia and the region.

AMCHAM’s Human Capital Committee hosted a compelling briefing and panel discussion themed around “Future of Work: Artificial Intelligence (AI), Digital Transformation, and Human Resource (HR),”. This insightful session featured expert speakers exploring AI’s transformative impact on Malaysia’s evolving workforce.

On Monday, May 6, AMCHAM had a productive follow-up discussion with Dr. Rasyidah Binti Che Rosli and her team from the Inland Revenue Board of Malaysia (IRBM). We explored the updated e-invoicing guidelines and addressed specific concerns raised by AMCHAM members.

On May 3rd, AMCHAM hosted a dynamic roundtable focused on accelerating Malaysia’s role in global value chains around critical minerals. This collaborative discussion brought together industry stakeholders including Members of Parliament, representatives from the U.S. Embassy in Kuala Lumpur, the Commercial Law Development Program (CLDP), the Defense Advanced Research Projects Agency (DARPA), and AMCHAM members.

The United States believes that waters off Malaysia and in the region are being used as a point for Iranian oil to be sold to buyers to escape the US sanctions on Iran.

Brian Nelson, who is the US Treasury Under Secretary for Terrorism and Financial Intelligence, said the US had been monitoring ship-to-ship oil transfers in Malaysian waters.

Lam Research Corporation has achieved a remarkable feat with the launching of its largest automated storage and retrieval system (ASRS) warehouse in Batu Kawan.

The facility has been recognized in the Malaysia Book of Records as the largest ASRS storage bin capacity in the country.

The MetLife Malaysia Center of Excellence (COE) recently engaged in a charitable initiative to collect groceries for the Shelter Home for Children, which protects children from trauma, abuse, and neglect. Associates donated over 175 bulk groceries such as rice, detergent, and shampoo as well as several small appliances.

The lifeblood of any thriving company flows from its heart: the employees. When a company invests in nurturing these hearts, it creates a network of talent that powers learning and innovation. Encouraged to spread their wings, employees shine brighter and contribute more profoundly, driving the company forward.

Within this dynamic environment stands Coco Ghouse, an example of FedEx commitment to cultivating internal talent.

The Malaysia Competition Commission (“MyCC”) continues to pursue one of its avowed enforcement priorities in targeting bid rigging cartels by making a Proposed Decision on the third bid rigging case since 2019. Government procurements continued to be the sector of focus.

In the National Energy Transition Roadmap issued in July and August 2023, the Government of Malaysia identified the establishment of RE exchange hub to enable cross-border RE trading as one of the key initiatives under the energy transition lever of RE. However, there had been little development on the RE exchange framework since then.

Global private equity investors and asset managers are readying for billions of dollars’ worth of M&A and investments linked to data centres in Asia Pacific, as the artificial intelligence (AI) boom fuels demand for digital infrastructure.

The intense pace of deals in the world’s most populous region comes as countries and companies respond to booming demand for AI, calling for more data capacity, industry executives said.