|AMCHAM Update #54: COVID-19 Outbreak|
|UPCOMING AMCHAM WEBINAR [OPEN TO MEMBERS & NON MEMBERS]|
The Covid-19 epidemic and the Movement Control Order have forced us all to adapt to a new way of working. AMCHAM would like to hear from you. How is your organization adjusting to the new normal, what are your recommended practices? Please share with us your best 'return to work' practices as we would like to have this information for other members on our website. For more information please contact Yvonne Miranda, our Membership & Engagement Manager at email@example.com
|No interstate travel allowed except for four reasons, police permission still needed|
The government has reminded the public that interstate travel during the conditional movement control order (MCO) is not allowed, except for four reasons. Those who are facing emergency, attending to death in the family, for work and also couples living apart are allowed to travel interstate with police permission, says Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob. He also said that 134 compounds were issued on Sunday (May 31) on those who attempted interstate travel.
|2020 Cyber Smart Index and The Importance of Cyber Security Right Now|
The Covid-19 epidemic has caused for businesses to embrace digital transformation. The importance of cyber security grows with this change. Three out of five businesses in the Asia Pacific region have put off digitisation out of fear of cyber-attacks based on the Cyber Smart – Enabling APAC businesses report by Deloitte Access Economics. To dive deeper into the subject of cyber security, AMCHAM held its first virtual panel discussion on 2 June 2020. Industry experts from Carbon Black, Deloitte, VMware and MDEC were brought together to discuss the subject of cyber security and why it is relevant for businesses and governments have to adopt and adapt. Attendees got to learn more about security hygiene the adoption process of digitisation, and how the Malaysian Government is handling this transformation.
The Ministry of Energy and Natural Resources and the Energy Commission had, on 28 and 29 May 2020 respectively, announced a fourth competitive bidding programme to call for bids to develop up to 1,000MWac of large-scale solar power plants in Malaysia (dubbed the LSS@MEnTARI). This Update highlights the key features of LSS@MEnTARI.
In view of the on-going Movement Control Order (“MCO”), the Royal Malaysian Customs Department (“RMCD”) announced on 29 May 2020 a deadline extension to 30 June 2020 for the full remission of penalties for specific indirect tax payments received by the RMCD. In addition, the RMCD informed that due to certain limitations, late payment penalties will continue to be automatically generated in the MySST system during the MCO period.
In 2019, Malaysia’s Prime Minister Tun Dr Mahathir Mohamad rolled out the National Anti-Corruption Plan (NACP) to address the growing world outcry against bribery and corruption. To fortify their anti-bribery management systems, proactive organisations are protecting themselves by establishing “adequate procedures” as a compliance defense in the event of a bribery accusation.
|UPCOMING WEBINARS (NON-AMCHAM)|
|Thursday, 18 June 2020, 10:00 AM - 12:00 PM [SST]|
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|Business Recovery: Reconfigure Your Supply Chain Strategies|
|June 4, 2020 (Thursday) @ 10.00 am to 11:00 am, Zoom Webinar|
This webinar will focus on the key strategies and supply chain solutions for organizations to consider as businesses focus on being both agile and swift in its journey towards business recovery. Some of the key areas of discussions are as follows:
- Effects of the COVID-19 Pandemic: Air Cargo Capacity and Other Restrictions
- Supply Chain Disruptions: Key challenges for Businesses
- Business Recovery: Reconfigure Supply Chain Strategies
- Seamless Logistics Solutions: Making a Difference through Automated Process
Join us to get insights on a compelling supply chain strategy that meets your business needs!
Seats are limited. Kindly register here
The undersigned associations express our gratitude to governments around the world that have designated the semiconductor and microelectronics industry essential during their response to the COVID-19 pandemic, allowing continued operation of key manufacturing and operational functions within safety protocols.
The Asia-Pacific region is at widely varying points on its journey through the COVID-19 pandemic. China is broadly beginning to restart its operations amid recovering domestic demand, while other geographies, such as Southeast Asia, Japan, and South Korea, are still tackling cases and under a range of control measures to help stop the spread.To understand the differing sentiment and responses among manufacturing leaders across the whole region, we surveyed more than 200 manufacturing and supply-chain leaders across industries including advanced industries.
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