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AMCHAM Update #215 COVID-19 Outbreak
Dear Subscriber,

During this period of Conditional Movement Control Order (CMCO), AMCHAM will be bringing you daily updates on the latest COVID-19 developments, which includes the efforts of the Government and initiatives from other bodies and organizations.
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Interstate tourist travel between RMCO destinations allowed subject to strict conditions
Interstate tourist travel between RMCO destinations allowed subject to strict conditions
Travel for tourism will be allowed under the targeted bubble travel between states under the Recovery Movement Control Order (RMCO), says Senior Minister Datuk Seri Ismail Sabri Yaakob. The Defence Minister said this will take effect from Wednesday (March 10) and will be subject to strict conditions.
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MOH: Know your status in the COVID chain
MOH: Know your status in the COVID chain
The Ministry of Health has released a guide on what procedures should be taken based on your status in the COVID chain. The guide also details what the various types of categories are for COVID patients and what to do if you have come into contact with them, according to category. Click on the 'Read More' tab to learn more.
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Government to announce details of special protection plan for COVID-19 side effects on Monday (March 15)
Government to announce details of special protection plan for COVID-19 side effects on Monday (March 15)
The government is set to announce details of the special protection plan to compensate those who experience serious side-effects from the COVID-19 vaccination next Monday (March 15). Science, Technology and Innovation Minister Khairy Jamaluddin said the full details will be made during his joint press conference with Health Minister Datuk Seri Dr Adham Baba.
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Malaysia Secures Up To 32 Million Pfizer-BioNTech Vaccines
Malaysia Secures Up To 32 Million Pfizer-BioNTech Vaccines
Malaysia will purchase additional Pfizer-BioNTech COVID19 vaccines bringing the total allocation of the vaccines in the country to 32 million. The additional Pfizer-BioNTech doses are expected to be enough to cover 50 percent of Malaysia’s population along with existing doses the country received on Feb 22. According to MOSTI, all the Pfizer-BioNTech vaccines secured so far are expected to be delivered by this year.
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UPCOMING WEBINARS
Masterclass: Building Conscious Leaders - Elevate Your Leadership to Thrive
Masterclass: Building Conscious Leaders - Elevate Your Leadership to Thrive

date

Mar 12, 2021
(10 AM - 11 AM) (GMT+8)
Navigating Through Tax Audits
Navigating Through Tax Audits

date

Mar 18, 2021
(10 AM - 11:30 AM) (GMT+8)
AMCHAM IN PARTNERSHIP WITH
 
BMCC Webinar: The time is now: Race to Zero
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Thursday, 25 March 2021, 4.00pm – 5.45pm
The BMCC in collaboration with The British High Commission Kuala Lumpur (BHCKL) will be organising a webinar titled “The time is now: Race to Zero” on the 25th March 2021 from 4.00pm – 5.45pm. This webinar aims to highlight that the shift to a zero-carbon future is underway ─ it is creating good jobs, driving sustainable growth, building resilience, protecting people's health and building a better future for us all.

Since AMCHAM is a supporting partner, AMCHAM members will have a complimentary access to this webinar.
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UN Women-WeEmpowerAsia Women Empowerment Principles (WEPs) Activator Malaysia – Implementation Phase
18 March onwards
18 March onwards
In collaboration with the EU-funded programme WeEmpowerAsia of UN Women, LeadWomen is inviting Malaysian and Malaysian-based corporates to expand on their gender diversity efforts by joining the upcoming Women's Empowerment Principles (WEPs) programs. The Implementation Training will happen in two phases, where two pillars will be addressed in each phase, with 3-4 months in between phases. The pillars that will be covered are Leadership, Workplace and Marketplace.
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UPCOMING WEBINAR (AMCHAM-MEMBER)
 
Deloitte Webinar – Investor Update Series: Malaysia Transfer Pricing amendments
Thursday, 18 March 2021, 10.00 am – 11.30 am
Thursday, 18 March 2021, 10.00 am – 11.30 am
The Finance Act 2020 has introduced some major changes to the transfer pricing regime in Malaysia, effective 1 Jan 2021. These changes would have implications for all open years of assessment. Join in the conversation as Deloitte transfer pricing practitioners and the Director of the Multinational Tax Branch of the Inland Revenue Board of Malaysia share their perspectives on the transfer pricing proposals in the Finance Bill 2020 and current trends.
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MEMBER NEWS
EY Tax Alert No. 5/2021
EY Tax Alert No. 5/2021
EY has released their latest tax alert. This issue (No. 5/2021) covers:
  • The updated tax collection framework
  • Malaysia deposits instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS
  • Frequently Asked Questions on special deduction on rental discounts given to tenants
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Heightened semiconductor demand to continue in the long term — Lam Research
Heightened semiconductor demand to continue in the long term — Lam Research
Semiconductor equipment manufacturer Lam Research Corp is expecting the current heightened demand for semiconductor chips to continue in the long term as technology becomes increasingly involved in more aspects of life, and sees its new factory in Batu Kawan, Penang, helping it to address this greater demand.
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SOCIAL MEDIA AND AMCHAM
Keep up with AMCHAM by following us on Social Media and remember to tag us when posting notes from our member companies.


Follow us on FaceBook, LinkedIn, Twitter and Instagram @AmChamMalaysia
FACTS AND INSIGHTS
Creating a postpandemic recovery for women in the workplace
Creating a postpandemic recovery for women in the workplace
COVID-19 has pushed working women to the point where many have dropped out. In this episode of The McKinsey Podcast, Diane Brady speaks with McKinsey senior partners Alexis Krivkovich and Lareina Yee about the devastating impact of COVID-19 on working women and how employers can help make the new normal sustainable.
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TIERED CORPORATE MEMBERS 2021
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TIERED CORPORATE MEMBERS 2021
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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
Tel: +603 2727 0070Fax: +603 2727 0075Email: info@amcham.com.my
    

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