Exciting times are ahead for Malaysia’s energy transition! On October 28, 2024, AMCHAM and the Energy Transition Committee (ETC) held a productive meeting with TNB, where we explored key strategies and innovations in Carbon Capture, Utilization, and Storage (CCUS).

On October 25th, AMCHAM hosted a dynamic roundtable discussion featuring Kathryn Paik, a former official with the National Security Council (NSC) and now a Senior Advisor at The Asia Group. Currently in Malaysia to assist the UNODC with the Maritime Law Enforcement Dialogue (MLED), Kathryn brought a wealth of knowledge and insight to the table.

The government has launched the InvestMalaysia portal as a one-stop gateway for investors to obtain information on Malaysia as well as to consolidate key information required for sound and timely investment decisions for investors.

Bank Negara Governor Datuk Seri Abdul Rasheed Ghaffour said the portal aims to strengthen Malaysia’s position as a competitive and attractive investment destination by highlighting and promoting attractive investment opportunities in Malaysia’s financial markets to both domestic and foreign investors.

MATRADE invites you to join their upcoming webinar "Remain Relevant with ESG or Exit US Market" scheduled for 13 November 2024, 3.00 pm - 5.00 pm.

This webinar aims to provide key insights into how Malaysian exporters can align with ESG standards to maintain competitiveness in the US market.

AMCHAM's CEO, Dato' Siobhan Das will be a speaker at this webinar, detailing on ESG standards and requirements expected from Malaysian exporters.

Just over a year ago, it was reported that the Chief Commissioner of the Malaysian AntiCorruption Commission (“MACC”), Tan Sri Azam Baki, had stated that the MACC is planning to amend the Malaysian Anti-Corruption Commission Act 2009 (“MACC Act”) to introduce a deferred prosecution agreement (“DPA”) mechanism

Both Acts were gazetted on 1 November 2024 and thus passed as law. The Acts are not yet in force, as this date is to be appointed by the Minister.

For a summary of the amendments, please see further at Significant Changes to CIPAA and Ten Key Changes to Arbitration Act.

The holiday shopping season is already in full swing and Federal Express Corporation (FedEx) shared insights from its latest survey on this year’s festive shopping season in the Asia Pacific region.

Conducted in October 2024, the survey gathered responses from 200 small and medium-sized businesses (SMEs) and 300 consumers across 12 APAC markets, exploring their expectations, purchasing motivations, and concerns for the festive season, while identifying key trends shaping customer behavior during this time.

In line with its commitment to enhancing the well-being of Malaysians, premier health and wellness company, Herbalife took part in the country’s largest annual sporting event, Hari Sukan Negara. The recent Hari Sukan Negara celebration in Putrajaya from 11 to 13 October drew over 50,000 participants, with activities taking place at the national, state, and district levels.

Initiated by the Ministry of Youth and Sports, the Hari Sukan Negara, aims to promote sports among the community through an active and healthy lifestyle.