| AMCHAM Update #160 COVID-19 Outbreak |
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Dear Subscriber,
During this period of the Conditional Movement Control Order (CMCO) from 7 December until 20 December 2020, AMCHAM will once again be bringing you daily updates on the latest COVID-19 developments, which includes the efforts of Government and initiatives from other bodies and organizations. |
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| [POSTPONED] AMCHAM Thanksgiving Luncheon 2020 & MY AMCHAM CARES Celebration |
| AMCHAM regrets to inform you, due to the recent announcement extending CMCO until 20 December, we will, once again, have to postpone our “Thanksgiving Luncheon” scheduled for Monday, 14 December, to a later date.
We are committed to host this Signature program as it is when we honor our members who have worked hard to evolve the way they take on CSR and benchmarked in the MY AMCHAM CARES survey.
We are currently in discussion with our host, Hilton Kuala Lumpur, to identify a date in early January 2021. This Signature program is a very important one to us at AMCHAM and in addition to welcoming you back in the new year we still want to thank you and be grateful for toughing it out this year. |
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| The National Policy on Science, Technology and Innovation (DSTIN) 2021-2030 will intensify local technology development and application efforts to transform the country from being technology users to technology developers. Minister of Science, Technology and Innovation Khairy Jamaluddin said by setting a target of becoming a high-technology country, the efforts would be able to reduce dependence on foreign technology and labour. |
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| Please take note if you have not renewed your membership, kindly drop us an email at membership@amcham.com.my urgently to renew your membership today. The final date to renew your membership is 31 December 2020.
A strong Chamber is made possible with your support. We recommend selecting the tier that works best for you. Basic membership starts with a minimum investment of RM6,000* for year-long benefits, levels increase to up to Platinum!
*New members are subject to a RM1000 joining fee. |
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| AMCHAM IN PARTNERSHIP WITH |
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| AMCHAM are excited to announce its partnership with LeadWomen and UN Women, as one of the supporting organizations for the upcoming WEPs Malaysia Activator Campaigns.
Join LeadWomen on 14 January 2021 where they will be officially announcing the UN Women and LeadWomen partnership, as well as formally introducing the Women Empowerment Principles into Malaysia! |
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| Citi today announced the appointment of Usman Ahmed as the new chief executive officer of Citi Malaysia effective 1 February 2021. Usman will be responsible for leading the country team and protecting the Malaysia franchise, leveraging Citi's global strengths. He will also have oversight of the Citi Solutions Centers in Malaysia. Usman will report directly to Citi ASEAN Head Amol Gupte. |
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| There are increasing demand of Cyber Security globally and not to forget, Malaysia. With the current CMCO, many workers had to work remotely and they are susceptible to breach of information, phishing activities and so on. “84% of Malaysian SMEs were victims of cyber incidents in the past year. This speaks volumes of increasing concern among companies, regulators and industry observers”. |
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| Banks have, of course, been embracing digital technology and innovations for a long time now. But as with most industries, the COVID-19 pandemic has necessitated changes to how banking works, which in turn drive the introduction of more digital features. “COVID-19 has driven established banks to accelerate all of their digital initiatives. HSBC is no different,” says Tara Latini, Country Head of Wealth and Personal Banking, HSBC Malaysia |
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| Preexisting mental health challenges have been exacerbated by the impact of the COVID-19 crisis. Based on analysis by McKinsey, COVID-19 could result in a potential 50 percent increase in the prevalence of behavioral health conditions. A new survey by the Kaiser Family Foundation reported that 45 percent of Americans felt that the COVID-19 crisis is harming their mental health; while 19 percent felt that it is having a “major impact.” |
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| STAY UPDATED ON THE LATEST HAPPENINGS - Click Below |
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| MEMBER BENEFITS PROGRAM - click below for more information |
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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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