| AMCHAM Update #31: COVID-19 Outbreak |
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Dear Subscriber,
During this (extended) period of the Movement Control Order, AMCHAM will be bringing updates on the latest COVID-19 developments, which includes the efforts of Government and initiatives from other bodies and organizations. |
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| MCO Extended Until 12 May 2020 |
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The movement control order (MCO), which is supposed to end on April 28 after two extensions, will continue to May 12 with the possibility of a further extension, says Tan Sri Muhyiddin Yassin. The Prime Minister announced that the MCO – which was first imposed on March 18 to 31 and later continued with a second phase from April 1 to 14, and a third phase from April 15 to 28 – would be on for a further two weeks. |
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| McLarty COVID-19 Navigator - April 23, 2020 |
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GLOBAL UPDATES - WHO chief warns against lifting lockdowns too quickly: Dr. Tedros warned of upward virus trends in Africa, Eastern Europe, and Central and South America and warned that lifting lockdowns too early could cause infections to "reignite.”
- UN agency estimates 1.2 billion fewer airline passengers: The International Civil Aviation Organization estimates a 1.2 billion reduction in passengers worldwide by September. The most substantial reduction is expected in Europe, followed by the Asia-Pacific.
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| Enterprise resilience: Now, Next and Beyond - Steadying the ship by solving the now |
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| In a period of rapid disruption and business transformation, business leaders are simultaneously balancing short-term and long-term objectives. We look at this as operating across three horizons - solving the now, exploring the next, and Imagining the beyond. Amidst a major crisis like the current COVID-19 pandemic, the natural instinct is to double down on the now. When the survival of yourenterprise is at stake, responding to immediate threats takes on outsize importance.
Join us at our webinar on Tuesday, 28 April 2020 from 10:30 a.m. – 11:30 a.m. where we will explorestrategies and consider practical steps that you should take now to stabilize your business, maintain continuity and manage the crisis. |
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| In response to all the preventive measures that governments across the regions have put in place to battle Covid-19, most of us are now working from home via digital devices and conferencing apps. School-going kids are also attending online lessons. “There has been a massive “digital intrusion” into not only our work life but our personal life, from how we do marketing to how we order our meals,” said Dato’ Hamidah Naziadin, Group Chief People Officer, CIMB. |
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| The COVID-19 crisis seemingly provides a sudden glimpse into a future world, one in which digital has become central to every interaction, forcing both organizations and individuals further up the adoption curve almost overnight. A world in which digital channels become the primary (and, in some cases, sole) customer-engagement model, and automated processes become a primary driver of productivity—and the basis of flexible, transparent, and stable supply chains. |
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| Most companies cannot quickly change their business model to open up new revenue streams. Different firm activities are interlocked with one another via standard procedures. There’s a high cost to switching internal operations. The result is like a pyramid: sturdy and impressive, but rigid and brittle. |
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| STAY UPDATED ON THE LATEST HAPPENINGS - Click Below |
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American Malaysian Chamber of Commerce
Level 10, Bangunan Faber Imperial Court, Jalan Sultan Ismail,
Kuala Lumpur 50250, Malaysia
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