| AMCHAM Update #349 COVID-19 Outbreak |
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Dear Subscriber,
As Malaysia gradually reopens, the COVID-19 pandemic continues to play a significant role on businesses and livelihoods. AMCHAM will continue to bring you daily updates on the latest COVID-19 developments, which includes vaccination updates, Government-issued orders, regulations, and SOPs as well as initiatives from related bodies and organizations. |
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| AMCHAM'S PENANG DIALOGUE 2021 |
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Sponsorship opportunities are now available. Sponsors will get maximum visibility amongst key decision makers and influencers within the local and foreign business community. Don’t miss this opportunity to engage and showcase your business at our Penang Dialogue. Sponsorships are limited, and accepted on a first come first serve basis. To sponsor this event, contact our events team at events@amcham.com.my. |
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| The Prime Minister of Malaysia has announced that Klang Valley and Melaka will be entering Phase 3 of the National Recovery Plan, while Kedah will move into Phase 2 from Friday, 1 October. This decision was made following a risk assessment by the Health Ministry and the National Security Council. Additionally, there will be more relaxations of economic sectors and activities. |
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| A total of 20,053,472 people (or 85.7% of Malaysia's adult population) have been fully vaccinated against COVID-19 vaccine as of Wednesday (Sept 29). 94.1% of the adult population (or 22,017,043 individuals) had received at least one dose of a two-dose COVID-19 vaccine. a total of 338,661 COVID-19 vaccine doses were administered throughout Malaysia on Wednesday. |
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| The Immigration Department of Malaysia (JIM) would like to inform that effective 1 October 2021, all Malaysian citizens who wish to leave the country for any of the purposes listed, will be given an exemption from applying for MyTravelPass (MTP) approval. Thank you to British Chamber of Commerce (BMCC) for helping with the English translations. |
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| Public Investment Bank Bhd (PublicInvest) expects Gamuda Bhd to continue its firm earnings recovery given the high vaccination rate in Malaysia and the reopening of economic sectors. PublicInvest said Gamuda's outstanding orderbook remained solid at RM4.5 billion, providing an earnings visibility for the next two years. |
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| HSBC Holdings plc (HSBC) and Temasek today entered into a partnership to establish a debt financing platform dedicated to sustainable infrastructure projects with an initial focus on Southeast Asia, as part of efforts to reduce climate change. HSBC and Temasek will invest up to a combined US$150 million of equity to fund loans, working alongside the platform’s strategic partners in the initial phase. |
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| While disruption has undoubtedly been the norm since the outbreak of the global pandemic in late 2019, we have also witnessed digital acceleration aligned with the fourth industrial revolution in both business and consumer behaviours – making it impossible to deny that digital transformation has become imperative. |
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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
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