AMCHAM Update #109: COVID-19 Outbreak |
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| The government will impose an entry ban on citizens of countries recording more than 150,000 cases of COVID-19 starting next Monday (Sept 7). Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob said among the countries in the list were the United States, Brazil, France, United Kingdom, Spain, Italy, Saudi Arabia, Russia and Bangladesh, as well as three countries previously announced, namely India, Indonesia and the Philippines. |
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AMCHAM's Penang Dialogue 2020 - 26 October 2020 |
| AMCHAM's Penang Dialogue in October will bring together key decision makers and deep-dive into strategies and the way forward in the "Next Normal." We are working on a very special program and we will announce more details as soon as possible. If you have a particular area of interest please let us know, there may be an opportunity to share in the program. Please be on the lookout for updates. |
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| As part of an effort to address and cushion the impact of the COVID-19 pandemic, the Malaysian Government introduced the Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (COVID-19) Bill 2020 to provide help to both businesses and individuals alike. The Bill has passed a third reading at the Dewan Rakyat. |
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| On 2 September 2020, as the U.S elections continue to draw closer, AMCHAM invited political expert Steven Okun to provide insight into the potential outcome of the upcoming elections. This session was timely given that it comes right at the end of both the Democratic and Republican Conventions and after President Trump has accepted his party’s nomination. |
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| The members of AMCHAM in the hospitality, travel, and tourism industries have some great things to offer. From delicious treats to staycation discounts, this autumn has innumerable attractive promos up for grabs! Book them today! |
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| As COVID-19 continues to impact the global economy, investors appear to view many industry sectors within Technology, Media & Telecommunications (TMT) as highly attractive, with the Nasdaq Composite recently hitting all-time highs, supported by companies either shielded from, or directly benefitting from, the ongoing crisis. Nevertheless, the first half of 2020 saw a significant decline in global TMT mergers and acquisitions (M&A) as investors focused on liquidity, cost containment and short-term portfolio protection. |
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| The COVID-19 pandemic has caused much soul-searching among business leaders, especially when it comes to future ways of working. Since the beginning of the year, web searches for the phrase “work from home” have more than doubled. We’ve seen an explosion of opinion pieces arguing that COVID-19 will lead companies to throw out the rulebook and zero-base how they manage their talent. The crisis has, produced massive experimentation, and many business leaders tell us they find it intensely energizing. |
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| Seven months into the COVID-19 pandemic, businesses of all kinds are devising ways to protect themselves from future shocks by making their supply chains more resilient. In doing so, they need to guard against the mistake of preparing for the last battle rather than the coming one. At some point, hopefully soon, the unprecedented global response to COVID-19 will reduce it to a manageable threat that allows us to return to something approximating normalcy in our personal and professional lives. |
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