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AMCHAM Update #262 COVID-19 Outbreak
Dear Subscriber,

During this period of Movement Control Order (MCO), 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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State governments allowed to procure own vaccines with approval from NPRA
State governments allowed to procure own vaccines with approval from NPRA
State governments are allowed to procure their own vaccine supplies with the condition they obtain approval from the National Pharmaceutical Regulatory Agency (NPRA).

National COVID-19 Immunisation Programme (NIP) coordinating minister Khairy Jamaluddin said the COVID-19 Immunisation Task Force (CITF) is aware of the types of vaccines the state governments are trying to purchase.
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Bosses in Selangor can now buy vaccine for their staff
Bosses in Selangor can now buy vaccine for their staff
Employers can now buy the COVID-19 vaccine for their workers through the Selangor government. Interested employers can register to buy the vaccines through the state’s SELangkah application. The Selangor government has allocated some RM100mil to help expedite the National Immunisation Programme.
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CHAMBER NEWS
Corporate Citizenship Committee Meeting
Corporate Citizenship Committee Meeting

date

May 24, 2021
(2 PM - 3 PM) (GMT+8)
AMCHAM will be having a Corporate Citizenship Committee Meeting on the 24th of May, 2021.

This meeting serves as the main platform through which members in the Corporate Social Responsibility (CSR) space gather to share and update each other on CSR related news and to roll out AMCHAM's CSR agenda for the year.

AMCHAM strongly recommends its members to participate in the CCC meetings, especially the CSR leads, Managers or Head of the CSR departments to stay updated to what's happening in the area.

For more info, please contact Elaine at elaine@amcham.com.my or Kevin at kevin@amcham.com.my.
UPCOMING AMCHAM WEBINAR
Work and Travel Visa Briefing
Work and Travel Visa Briefing

date

May 27, 2021
(10 AM - 11:30 AM) (GMT+8)
UPCOMING WEBINAR (NON-AMCHAM)
 
U.S. Chamber Global Forum on Economic Recovery
18 - 19 May, 2021, 9.00pm - 12.00am (MYT)
18 - 19 May, 2021, 9.00pm - 12.00am (MYT)
The U.S. Chamber of Commerce will convene its inaugural Global Forum on Economic Recovery on May 18 and 19, 2021, led by U.S. Chamber CEO and President Suzanne Clark, and hosted in partnership with Amazon, Google, and UPS. The forum will bring together government leaders and business executives to discuss the opportunities and impediments to a dynamic global recovery.
Register Here
AMCHAM IN PARTNERSHIP WITH
Governance in SMEs Forum - SMEs, A Key Strategic Business Partner in the Supply Chain (20 May 2021)
Governance in SMEs Forum - SMEs, A Key Strategic Business Partner in the Supply Chain (20 May 2021)
Organized by the Malaysian Institute of Corporate Governance (MICG), this Forum brings together a panel of distinguished speakers to discuss Governance matters (including anti-corruption) from the business sectors and regulators' perspectives.

AMCHAM's CEO, Siobhan Das will be appearing as a panelist on the Panel Discussion – Good Governance As A Starting Point For SMEs.
Register Here
HEALTHCARE NEWS
Virtual Med-Tech Trade Forum Vietnam, Malaysia and Thailand
Virtual Med-Tech Trade Forum Vietnam, Malaysia and Thailand
The U.S. Commercial Service, the U.S. Department of Commerce’s export promotion arm, and its strategic partner USA Healthcare Alliance (USAHA) invite you to join a Virtual Med-Tech Trade Forum with Vietnam, Malaysia, and Thailand. The forum will focus on Medical Devices and Health IT and will take a deep dive into the best prospects for increasing the sales of U.S. health technologies in these fast-growing markets.

AMCHAM is also recruiting members for a Healthcare and Life Sciences Committee. Should you be interested to join the committee, please email Elaine Wong at elaine@amcham.com.my.
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MEMBER NEWS
EY Tax Alert No. 10/2021
EY Tax Alert No. 10/2021
EY has released their latest tax alert. This issue (No. 10/2021) covers:
  • Guidelines on application for approval under Section 44(6) of the Income Tax Act 1967 (ITA) in relation to funds established for the construction of school buildings, contributions to schools and acquisition of buildings for religious schools
  • Practice Note No. 1/2021: Tax treatment on deduction of tax as final tax
  • Extension of tax exemption on management fee income for SRI funds
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PwC: Building rebalanced and resilient supply chains
PwC: Building rebalanced and resilient supply chains
Not only is Asia Pacific’s booming middle class getting larger and wealthier – it is also becoming more demanding.

As the region’s middle class grows, so do consumer demands. To meet these demands, multinational companies targeting these consumers increasingly need to establish regional production presence. Local production can mean being more responsive to customer needs, and more price competitive.
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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
What executives are saying about the future of hybrid work
What executives are saying about the future of hybrid work
In the postpandemic future of work, nine out of ten organizations will be combining remote and on-site working, according to a new McKinsey survey of 100 executives across industries and geographies. The survey confirms that productivity and customer satisfaction have increased during the pandemic. Despite the embrace of a hybrid model, most organizations have only begun to think through and articulate the specifics of how to carry out a more permanent mix of remote and on-site working for all roles that aren’t essential to perform on-site.
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TIERED CORPORATE MEMBERS 2021
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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
Tel: +603 2727 0070Fax: +603 2727 0075Email: info@amcham.com.my
    

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