AMCHAM Update #15: COVID-19 Outbreak |
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Dear Subscriber,
During this (extended) period of the Movement Control Order, AMCHAM will be bringing updates on the latest COVID-19 developments, which includes the efforts of Government and initiatives from other bodies and organizations. |
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Special Cabinet Committee Formed To Bolster Stimulus Package & Strike Balance Between Economic Priorities and Effective Enforcement of MCO Due to Covid-19 |
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The Cabinet Meeting held on 1 April 2020 has agreed to establish a Special Cabinet Committee to develop strategic measures in safeguarding Malaysia’s economy and labour market impacted by COVID-19 with the aim of striking a balance between the nation’s economic priorities and the effective enforcement of the Movement Control Order (MCO).
Read More: |
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Webinar: COVID-19: Navigating the Shifting Consumer and Retail Landscape |
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Many markets, including Malaysia, are currently grappling with the global COVID-19 pandemic. There are early signs that indicate that consumer habits will be forever changed as a result of the virus' spread and the authorities' efforts to contain the spread.
Nielsen is monitoring the situation on the ground closely, as it is still evolving. Their ability to review patterns across markets provides them with a set of leading indicators that can help Malaysia's FMCG manufacturers and retailers facing supply issues as they race to meet consumer demand and changing purchase habits.
This webinar shines a spotlight on Malaysia. The following topics will be discussed: - The development of COVID-19 in the world and Southeast Asia
- How Malaysian consumers are reacting and responding to the crisis?
- The impact on Malaysia's FMCG, retail and advertising landscape based on actual data
- Short-term and long-term implications, and how FMCG manufacturers and retailers can respond effectively
Click on the "Read More" tab to register! |
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| The well-worn cliché goes that many sectors of the working world were off-limits to women. For any woman who dreamt big, the idea that they could stand as equals to their male counterparts was always laughed off as a fantasy.
Today though, women are increasingly stamping their mark on the world as they rightfully show just how much they can contribute to society. Among these heralds of change is Angelene Koid Sook Lee, a 31-year-old Malaysian software engineer whose contributions to her field are highly recognised. |
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| Companies all over the world are in crisis mode. No one can predict with any confidence how the economy will evolve over the medium term. It’s not just a matter of reacting effectively; we must also accelerate up the learning curve and rapidly draw conclusions that will enable us to improve the business sector’s resilience in the future. |
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| Kevin Sneader, global managing partner of the world’s most prestigious management consulting firm McKinsey & Company, has shared his opinion that the world won’t be going back to back to normal once the coronavirus outbreak subsides. In an interview with CNBC, Sneader said in respect to what CEOs are presently worried about, “One thing is clear from all the conversations I’ve had: nothing is going to be the same. This is a new normal, a different way of operating.” |
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STAY UPDATED ON THE LATEST HAPPENINGS - Click Below |
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American Malaysian Chamber of Commerce Level 10, Bangunan Faber Imperial Court, Jalan Sultan Ismail, Kuala Lumpur 50250, Malaysia
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