| AMCHAM Update #48: COVID-19 Outbreak |
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| Implementation of Corporate Liability Provisions Effective on June 1, 2020 |
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The reporting provisions within Section 17A of the MACC Act 2009 on May 4, 2018 has stipulated the implementation of the Corporate Liability Principle involving commercial organizations. This provision stipulates that it is an offense for commercial organizations found to have any employee or party associated with the organization involved with corruption for the benefit of the organization. |
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| All those entering Malaysia must sign document before trip here |
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All those entering the country will have to bear the cost of mandatory quarantine and are to sign a letter agreeing to pay before they can make the trip to Malaysia, says Datuk Seri Ismail Sabri Yaakob. The Senior Minister said with the latest policy, Malaysians would pay half the cost of quarantine services while non-citizens, including spouses and family members of Malaysian citizens, had to bear the full cost. |
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| Guidelines for Stranded Members of Malaysia My Second Home (MM2H) to Re-enter Malaysia During Movement Control Order (MCO) |
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These guidelines are intended to provide guidance for all members of the MM2H who are stranded abroad during the Movement Control Order to re-enter Malaysia. The guidelines have taken into account all standard operating procedures and protocols observed from Department of Immigration Malaysia and National Security Council meeting the requirements to reenter Malaysia against the backdrop of Covid-19 pandemic. |
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| Advisory on gradual resumption of business activities in phases starting from 2 June 2020 |
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| The American Expatriate Caucus |
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As Americans around the world respond to the outbreak of COVID-19 the House Expat Caucus is promoting resources for that can benefit American expatriates. These include Tax resources, absentee voting, and more. |
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AMCHAM is one of the most active Chambers in the region. We are a small team and we do unique work on behalf of our members and work closely with a number of stakeholders including the Government. AMCHAM is looking for support in these areas: - Graphic Designers / Infographic Designers
- Content and Web-focused design skills (LinkedIn, Facebook, YouTube, etc.)
- Researchers
- Social Media Experts & Storytellers / Video-storytellers
Opportunities are flexible: short term, freelance and could lead to full-time employment.
Qualities we embrace: Passion, commitment, teamwork, and the ability to work in “the grey’ or with ambiguity, possessing a sense of humor.
Kindly register with us by filling out a form, click here, and we will be in touch with you as and when we have an upcoming project |
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| EY is pleased to share a Special Tax Alert No. 13/2020. This edition covers: - Operational Guideline No. 2/2020 on the revision of estimate of tax payable (CP204) in the month of the third tax instalment (where the third-month tax instalment falls in 2020) and the deferment of monthly income tax instalment payments (CP204 and CP500) under the Economic Stimulus Packages
- Stamp duty exemption on the instrument of loan or financing agreement executed between an SME and a financial institution
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Being a member of AMCHAM has never been so important as it has been over the past two months. As authorities were shaping policies and issuing guidelines they relied on AMCHAM, your Chamber to help. The AMCHAM membership and the use of this Directory is a tool to showcase who we are as a community. I hope that you will join us this year to assist us in building this Directory as a ‘bible’ to the American business on the ground in Malaysia. |
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| Potential AMCHAM Webinars |
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AMCHAM is in the process of developing and sourcing topics for webinars sessions for members. Since attending our events at the actual physical location may be impossible for a while, the virtual version has become an alternative to showcase the good work and interesting topics that our member have to share.
If you're an AMCHAM member and you have interesting topics in mind that you would like to share with fellow members, or you would like to collaborate with AMCHAM to produce webinars, please feel free to contact us at events@amcham.com.my and we'll be happy to discuss further. We look forward to hearing from you. |
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| As leaders wrestle to guide their organizations through the Covid-19 pandemic, decisions running the gamut from where to sell to how to manage supply chains hinge on expectations about the future of globalization. The pandemic has prompted a new wave of globalization obituaries, but the latest data and forecasts imply that leaders should plan for — and shape — a world where both globalization and anti-globalization pressures remain enduring features of the business environment. |
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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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Copyright © 2020 AMCHAM Malaysia, All rights reserved. |
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