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AMCHAM Update #530
Dear Subscriber,
UPCOMING EVENTS
Dialogue with Datuk Abdul Rasheed Ghaffour, Governor of Bank Negara Malaysia
Dialogue with Datuk Abdul Rasheed Ghaffour, Governor of Bank Negara Malaysia

date

Jul 31, 2024
(3:00 PM - 6:00 PM) (GMT+8)

location

Clarke II, Le Méridien Kuala Lumpur
Kuala Lumpur, Malaysia
[Virtual] The Evolving Workplace
[Virtual] The Evolving Workplace

date

Aug 1, 2024
(10:00 AM - 12:00 PM) (GMT+8)
Opportunities ASEAN Webinar Series: Thailand and Philippines
Opportunities ASEAN Webinar Series: Thailand and Philippines

date

Aug 8, 2024
(10:00 AM - 11:00 AM) (GMT+8)

location

Online Webinar
Penang Sundowner
Penang Sundowner

date

Aug 23, 2024
(6:00 PM - 9:00 PM) (GMT+8)

location

Farquhar's Bar
George Town, Penang, Malaysia
SAVE THE DATE
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Sponsorship Opportunities are available. For more information contact our events team at events@amcham.com.my.
Click here to view Sponsorship Packages
NEWS UPDATE
Expatriate Satellite Centre expands operations to KLIA Terminal 2
Expatriate Satellite Centre expands operations to KLIA Terminal 2
The Expatriate Satellite Centre (ESC) has expanded its operations to Kuala Lumpur International Airport (KLIA) Terminal 2 to increase Malaysia's attractiveness to investors and attract highly skilled talents, following the success of the operations at Terminal 1.

The ESC at Terminal 2 has started to operate around the clock daily since June 4 with four officers stationed for assignment on a rotational basis.
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Companies in Iskandar Malaysia to initiate Employment Pass applications via Xpats Gateway
Companies in Iskandar Malaysia to initiate Employment Pass applications via Xpats Gateway
Effective 25 July 2024, all companies operating in Iskandar Malaysia that require Supporting Letters from Approving Agencies/Regulatory Bodies to apply for new and renewal Employment Pass (EP) must submit their applications through the Xpats Gateway platform at https://xpatsgateway.com.my/.

To check if your company is within Iskandar Malaysia, you may key in the postcode of your company's address here.
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AMCHAM IN PARTNERSHIP WITH
Northern Region HR Conference 2024 [1 August 2024]
Northern Region HR Conference 2024 [1 August 2024]
The Northern Region HR Conference 2024 is set to be a dynamic and engaging event that will bring together HR professionals and industry experts to “Empowering the Malaysian Workforce: Innovations and Strategies for Sustainable Growth.” This conference promises a full day of insightful discussions, keynote addresses, dialogue sessions, and networking opportunities. Below are the details of the conference:

Date: August 1, 2024 (Thursday)
Time: 8.30 am – 5.10 pm
Venue: Setia SPICE Convention Centre, Penang

Click here to register
IAPC – Regional Meeting 2024 [22 - 24 August 2024]
IAPC – Regional Meeting 2024 [22 - 24 August 2024]
The International Association of Political Consultants (IAPC) will be organizing a dialogue on the upcoming and past elections in 2024 and the geopolitical landscape in Asia and beyond.

They have prepared a panel of experts who will share their insights in an open and interactive way. Some of the topics that will be covered include the upcoming U.S. elections and its implications on the region with our experts. Don't miss this opportunity if you have an interest in public policy, politics and international relations.
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UPCOMING EVENTS (AMCHAM - MEMBERS)
International SOS Healthcore360 roundtable series [1 August 2024]
International SOS Healthcore360 roundtable series [1 August 2024]
With the annual increase in healthcare costs and lost opportunities due to poor workforce health, the question of whether an organization is getting their ROI from employee health investment comes into play. Secure your spot for an engaging discussion on the challenges of employee health in Malaysia.

Register Here
Navigating the Malaysian Tax Landscape: Insights from Recent Landmark Tax Cases [8 August 2024]
Navigating the Malaysian Tax Landscape: Insights from Recent Landmark Tax Cases [8 August 2024]
Wong & Partners is hosting a Tax seminar in Penang. In light of increasing demands for transparency and stricter compliance from tax authorities, there has been a notable rise in audits, investigations and contested tax cases. With the tax terrain ever-evolving, staying informed is crucial for businesses. This sharing session will provide an in-depth analysis of recent Malaysian tax cases that may directly impact your business.

Register Here
MEMBER NEWS
Keysight strengthens European-Asian Cooperation for 6G research
Keysight strengthens European-Asian Cooperation for 6G research
6G-SANDBOX project led by Keysight signs strategic research agreement with Universiti Malaya

Under the project leadership of Keysight, the Horizon Europe-funded 6G-SANDBOX project signed a memorandum of understanding (MoU) with Universiti Malaya to advance innovation in the field of 6G networks. This is the second major MoU that 6G SANDBOX has signed with an Asian organization to promote global cooperation for 6G research.
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Wong & Partners - Malaysia: Navigating the new e-Invoicing regime
Wong & Partners - Malaysia: Navigating the new e-Invoicing regime
In an effort to enhance the efficiency of Malaysia's tax administration management and to enhance transparency, the Malaysian Government has announced the phased implementation of e-Invoicing, set to begin on 1 August 2024.

In this alert, Wong & Partners provide an overview of the essential information to note from the new e-Invoicing regime and key observations as businesses prepare for its implementation.
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New subsidiary legislation on exemptions to cabotage policy gazetted
New subsidiary legislation on exemptions to cabotage policy gazetted
The Malaysian Government had announced in March this year its intention to reinstate the exemption of cabotage policy for foreign ships involved in submarine cable repair in a bid to attract more foreign investment in the data centre services sector and to spur growth of the digital economy.
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FedEx recognized for the continuous effort in community engagement and responsible sustainable initiatives
FedEx recognized for the continuous effort in community engagement and responsible sustainable initiatives
Federal Express Corporation has been recognized with the prestigious ‘Sustainability and CSR Malaysia Awards 2024’ in the category of ‘Best in Community Engagement & Green Initiatives‘.

This is the first time FedEx has received this award in this category after winning three consecutive times in the category of ‘Best in Community Engagement Support’.
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The International School of Kuala Lumpur celebrates IB and AP exam results
The International School of Kuala Lumpur celebrates IB and AP exam results
Students at Malaysia’s longest-running IB World School, The International School of Kuala Lumpur (ISKL), have once again demonstrated academic excellence and surpassed global averages in this year’s International Baccalaureate (IB) Diploma and Advanced Placement (AP) examinations.
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FACTS AND INSIGHTS
Don’t set your goals in stone — Mold them like clay
Don’t set your goals in stone — Mold them like clay
Frequently, practical advice about work-life balance focuses on prioritizing. Consider the frequently used metaphor of rocks in the glass jar of life: put the big rocks (your most valued goals) in the jar first, or else the smaller (less important) rocks will take up all the space.

But this metaphor has flaws. The big rocks may not all fit, as author Oliver Burkeman notes.
Read More
TIERED CORPORATE MEMBERS 2024
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MEMBER BENEFITS PROGRAM
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American Malaysian Chamber of Commerce
Level 10, Bangunan Faber Imperial Court, Jalan Sultan Ismail,
Kuala Lumpur 50250, Malaysia
Tel: +603 2727 0070Fax: +603 2727 0075Email: 
    

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