In the evening of May 31, AMCHAM held a Young Professionals Mixer Night, a fun and exciting event for individuals who have either recently graduated or have less than 10 years of working experience. This event also served as a unique way for young professionals from different industries to make new connections, network and enjoy a night of fun, food & drinks.

On May 31, AMCHAM organized an exclusive conversation with Shahril Hamdan, Former Economic Director in the Prime Minister’s Office under Prime Minister Ismail Sabri Yaakob’s administration.

The Ministry of Investment, Trade and Industry (MITI) has called for all Indo-Pacific Economic Framework for Prosperity (IPEF) partner countries to work towards building vertical integration of supply chains to achieve holistic and progressive growth for all.

The call was made by MITI Deputy Minister Liew Chin Tong during the IPEF Ministerial Meeting on May 27 in Detroit, Michigan, United States.

Completing negotiations on the IPEF Supply Chain Agreement is a major achievement in support of the President’s Indo-Pacific Strategy and a win for consumers, workers, and businesses in the United States and throughout the region.

The IPEF partners will now take steps, including further domestic consultations and a comprehensive legal review, to prepare a final text for signature.

AMCHAM is pleased to support Capital Markets Malaysia ESG Week with the objective to strengthen sustainability and ESG practices within the corporate supply chains.

Capital Markets Malaysia ESG Week provides a comprehensive programme of workshops, presentations, insightful case studies, and connects you with actionable insights and practical examples to help your business become sustainable, faster.

The goal is to provide Malaysian enterprises, large and small, with the knowledge and tools required to advance their ESG practices, and to offer platform where they can engage in conversations with ESG subject matter experts and fellow practitioners for the collective good of corporate Malaysia.

As the Government Affairs Specialist, you will be an important conduit across various industry sectors, working with a small team of government relations staff to monitor the regulatory and political landscape for challenges and opportunities to U.S. businesses.

In this role, you will play a critical role in driving the growth and success of the Chamber by managing its membership and partnerships and enhancing its communication strategy. You will have the opportunity to work with a purpose-driven team in a fast-paced environment and develop effective communication strategies.

The Membership Services Executive will be responsible for providing administrative support to the Membership Services team and assisting in the organization’s day-to-day operations.

Plexus has recently donated RM75,828 to four charitable organizations, with funds raised among employees who chose to donate their meal allowance for a good cause. The organizations are The National Cancer Society of Malaysia Penang Branch, Charis Hospice, Persatuan Kanak-Kanak Cerebral Palsy (Spastik) Pulau Pinang, and Children’s Protection Society.

Taxpayers should prepare for any eventuality, including a 2024 implementation of the global minimum tax (GMT), said Deloitte Malaysia and Southeast Asia international tax leader Tan Hooi Beng.

GMT is arguably the largest tax reform in history and large multinational corporations (MNCs) will need to pay a minimum tax of 15 per cent in every country in which they operate.

In a recent HBR article, the writers argued that in an uncertain and rapidly changing world, companies need to adopt strategies predicated on radical optionality, in which they continuously develop new options that could form the basis of future success — depending on what unpredicted state of the world they will find themselves in. But companies struggle to realize radical optionality because creating options is expensive: It entails costly and risky exploration, increases complexity, and can lead to excessive redundancy.