AMCHAM will be submitting feedback and inputs on the proposed amendments to MyCC and invite members to complete this flash survey.

To provide a brief background, the Malaysian Competition Commission (MyCC) has embarked on an amendment exercise for the Competition Act 2010 to make Malaysia’s competition law more extensive to be in line with international practices and to promote competition in the market.

The proposed amendments include provisions relating to the investigation and enforcement powers, appeal provisions and to introduce a merger control regime.

Please submit your comments via the survey link below

For detailed information on the proposed amendments, please see:

For further information, please do not hesitate to contact our Government Relations Specialist, Teo Chay Gek at cgteo@amcham.com.my

Registration for the 2022 SelectUSA Investment Summit is now live. This in-person event will take place from June 26-29, 2022 as the annual Investment Summit returns to the Gaylord National Resort & Convention Center in National Harbor, Maryland.

The SelectUSA Investment Summit is the highest-profile event in the United States dedicated to promoting foreign direct investment (FDI.) This year’s Investment Summit returns in its familiar format to provide exciting opportunities for more investors from more markets and greater representation from economic developers (EDO) across the nation to engage and interact - the 2022 Investment Summit will be the most highly anticipated and productive FDI event you attend all year.

Malaysia continues to perform exceptionally well in trade, momentum grew better in April 2022 with trade, exports, imports, and trade surplus registered the highest monthly value. The export growth was boosted by higher shipments of electrical and electronic (E&E) products mainly semiconductors driven by global digitalization trends.

Texas Instruments (TI) on 18 May broke ground on its new 300-mm semiconductor wafer fabrication plants (fabs) in Sherman, Texas. Production from the first Sherman fab is expected in 2025. The fabs will complement TI’s existing 300-mm fabs, which include DMOS6, RFAB1 and the soon-to-be-completed RFAB2 which is expected to start production later this year.

The Malaysian government and Cisco Systems Inc have unveiled a collaboration framework aimed at advancing Malaysia’s national digitization agenda.

The collaboration was formalised at an official ceremony in Washington between Cisco and MyDigital Corporation, coinciding with events around the US-Asean Special Summit hosted by U.S. President Joe Biden.

The Hershey Company announced the opening of its new R&D Centre located in Johor, Malaysia. The investment is a core part of the company’s strategy to drive international growth through innovation.

This new facility will enable Hershey to quickly develop, test, and launch new products customised to the tastes of consumers across the region, and will become one of Hershey’s largest R&D facilities outside of the United States.

This weekly COVID-19 news round-up brings you a selection of the latest news and updates on the coronavirus pandemic, as well as tips and tools to help you stay informed and protected. Confirmed cases of COVID-19 have passed 521.4 million globally, according to Johns Hopkins University. The number of confirmed deaths has now passed 6.26 million.