AMCHAM Update #62: COVID-19 Outbreak |
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| AMCHAM is proud to partner with HSBC in delivering this exciting webinar that will address the current trade uncertainties and its implications on investments in Malaysia. This Webinar will give insights and thoughts on the regional trade environment given the current COVID-19 pandemic as well as how the trade uncertainties has impacted global value chains in the region. |
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| The Malaysian Digital Economy Corporation (MDEC), the government agency mandated to lead the nation’s digital economy forward, welcomes PENJANA’s (The Short -Term Economic Recovery Plan) strong emphasis on accelerating the growth of the digital economy through carefully targeted measures. The digital economy has been playing an increasingly significant role during this pandemic and the tough times have called for ‘swift action’ to adopt the announced measures. |
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| The Recovery Movement Control Order (RMCO) is effective from 10 June 2020 to 31 August 2020. Movement restrictions were initially introduced under a Movement Control Order (MCO). These were succeeded by the Conditional MCO until the institution of the RMCO. In this Update, the changes implemented by Regulations No. 7 and the various initiatives introduced by the Government to aid and relieve those affected by the COVID-19 outbreak are examined. |
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| ABAC Center of Excellence Sdn. Bhd. awarded Mudajaya Group Bhd, the , ISO 37001:2016 Anti-Bribery Management System certification after a comprehensive risk assessment and examination of Mudajaya’s Group anti-bribery policies and procedures was conducted. Zafar Anjum, Group CEO at ABAC Center of Excellence Sdn. Bhd., said that Mudajaya Group demonstrated the highest standards in preventing and detecting bribery and corruption to achieve ISO 37001 certification. |
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| The COVID-19 epidemic and the Movement Control Order have forced us all to adapt to a new way of working. AMCHAM would like to hear from you. How is your organization adjusting to the new normal, what are your recommended practices? Please share with us your best 'return to work' practices as we would like to have this information for other members on our website. For more information please contact Yvonne Miranda, our Membership & Engagement Manager at yvonne@amcham.com.my |
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| Travel bubbles have been the talk of the week, with Thailand, Vietnam, Thailand and even Myanmar, all eyeing up potential partners. But locals don't seem keen on imminent international tourism, with 76% of Thais and 74% of Vietnamese saying they don't want international travel to restart right now. And there was good news for airlines in Malaysia and Indonesia, as in-flight social distancing restrictions are to be removed for Malaysia, and slowly phased out for Indonesia. |
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| Challenges arising from the global pandemic caused major operational, strategic and financial havoc. As businesses work to adopt new safety measures and adjust their operational model to adapt to the ‘new normal’, one important aspect often gets pushed lower on the agendas — customer confidence and trust. The constantly aggravated anxiety about the future finds direct reflection in consumers’ trust levels in businesses. |
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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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