AMCHAM today held a Budget Briefing session virtually for members to hear about the initiatives in Budget 2022. For this session, expert speakers Andrew Loh, Director, International Tax & Transaction Services of Ernst & Young Tax Consultants Sdn Bhd; and Sien Yian Hee, Director of PwC Malaysia provided insights into these initiatives.

Lean In Malaysia's signature career accelerator, the Lean In Career Programme (LICP), has been focused on helping women 'career breakers' to prepare themselves to re-enter the workforce.

AMCHAM in support of Lean In Malaysia is seeking support from our member companies to send a HR/Recruitment representative from your organization to the LICP 6.0 Finale event, to be held virtually on Saturday 20th November, at 10am-12pm, to hear the graduates make their pitch and identify any potential candidates of interest.

A total of seven criteria needs to be met before the country can enter the endemic phase, or reopen safely towards living with COVID-19. This comprised having one standard operating procedure (SOP) with nine guidelines; a Heightened Alert System - HAS; National Testing Strategy; and TRIIS (Test, Report, Isolate, Inform, Seek).

As COP26 ends in Glasgow, there could be growing pressure on companies to review their objects and for joint ventures to review their goals. Malaysian regulators such as the Securities Commission and Bursa Malaysia are already thinking of setting higher standards of disclosures in relation to ESG and sustainability for listed companies.

School going children from PPR Desa Rejang Setapak received health supplements to build strong body defence in light of the current situation. This was made possible as Amway Malaysia, a health and wellness company embarked on a programme with the Department of Social Welfare. The initiative was aimed at improving children’s body defence while empowering urban families on the importance of strengthening natural resistance and growth development.

Across ten countries that account for about 60 percent of global GDP—Australia, Canada, China, France, Germany, Japan, Mexico, Sweden, the United Kingdom, and the United States—the historic link between the growth of net worth and the growth of GDP no longer holds. While economic growth has been tepid over the past two decades in advanced economies, balance sheets and net worth that have long tracked it have tripled in size.