The global climate crisis has created significant impacts on both businesses and governments around the world, driving collaborative efforts to address environmental challenges and achieve energy security.

Join us on 28 November at 10.30am, together with AMCHAM Thailand and AMCHAM Singapore as we welcome Chong Kian Fatt (KF), Senior Vice President for Global Operations of Seagate Technology, and learn how Seagate Technology, a global leader in data storage hardware, software, and systems, promotes sustainability through the company's business practices.

For Malaysian citizens planning to travel to the United States for specific job training, cultural exchanges, or academic programs, visa renewal is now possible via expanded visa interview waiver program by the U.S. Embassy Kuala Lumpur through December 31, 2022.

On 1 November, NI officially opened its newly-completed global supply chain distribution hub in Penang, Malaysia.

NI Penang’s new state-of-the-art wing is part of the broad-based expansion plan that NI had announced in November 2019, which includes USD40 million (RM166 million) in capital investment and the creation of 250 new jobs across across research and development (R&D), manufacturing, and sales capabilities.

On 5 October 2022, the UK Supreme Court delivered its long-awaited judgment in BTI 2014 LLC v. Sequana SA and others [2022] UKSC 25 which concerns the question of the trigger point when directors must have regard to the interests of creditors. This case raised questions of considerable importance for Malaysian company law.

In this Update, the legal issues and decision of the UK Supreme Court are sumarized and the possible impact of the Sequana Case for Malaysian companies are discussed.

Accenture, PETRONAS, and Amazon Web Services (AWS) are collaborating to evaluate commercialisation opportunities globally for the cloud-based logistics solution and services platform STEAR. The arrangement was formalised on the sidelines of the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) 2022.

Financing the clean energy transition in emerging economies will be a key topic at COP27. The World Economic Forum interviewed spoke to practitioners from several institutions ranging across commercial banks, development finance institutions, utilities, private equity and infrastructure funds, and philanthropies.

Six key observations which highlight the perceived risks and opportunities around climate finance emerged.