On 1 June 2022, AMCHAM hosted the U.S. Customs Border and Protection (CBP) leadership for an industry briefing and Q&A session at the AMCHAM Executive Office. The U.S. CBP delegation to Malaysia was led by John P. Leonard, Deputy Executive Assistant Commissioner and together with the Executive Director for Trade Remedy Law Enforcement, Eric Choy.

AMCHAM held its members briefing on June 1st, these briefings were usually held on the first Wednesday of each month. Now that the lockdowns have ceased and the country is opening up, AMCHAM will be phasing out the hybrid events and conducting more in-person events.

The Malaysia Competition Commission (MyCC) is conducting an amendment exercise for the Competition Act 2010. Further to AMCHAM submitting feedback to MyCC on 27 May 2022, there will be a Public Consultation Session organised by MyCC for relevant stakeholders to provide opinion, views, inputs and feedback on the proposed amendments. The Public Consultation Session will be held on Wednesday, 8 June 2022 from 9.30am to 1.00pm at the Aloft Kuala Lumpur Sentral.

Please register via the link below to attend the Public Consultation Session

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.

Prime Minister Datuk Seri Ismail Sabri Yaakob on May 31 held talks with representatives of US memory chip maker Micron Technology Inc to explore the potential for the company to increase its investment in Malaysia.

The delegation from Micron led by the company’s executive vice president of global operations Manish Bhatia met the Prime Minister in Putrajaya, following the latter’s recent working visit to the U.S.

Rajah & Tann Asia’s member firm, Christopher & Lee Ong, recently contributed an article titled “MICECA – Key to expanding India-Malaysia economic and trade ties” to the India Business Law Journal, a leading legal magazine in the region.

In this article, Partners John Rolan and Lim Siaw Wan, alongside pupil Loh Yan Shuang, explore how MICECA continues to play a significant part in fostering India-Malaysia bilateral relations and in expanding the economic and trade ties of these two nations.

For more than a decade, experts have been predicting a shift to more regionalized trade patterns, as companies adopt nearshoring strategies to produce goods closer to the markets where they will be sold. Many expected Covid-19 to turbocharge this trend.

But recent data suggests a more skeptical take on trade regionalization. Trade flows have stretched out over longer distances, even during the pandemic.