|AMCHAM Update #210 COVID-19 Outbreak|
During this period of Movement Control Orders, AMCHAM will be bringing you daily updates on the latest COVID-19 developments, which includes the efforts of the Government and initiatives from other bodies and organizations.
The Movement Control Order placed on Selangor, Kuala Lumpur, Johor and Penang will be switched to Conditional MCO, announces Senior Minister Datuk Seri Ismail Sabri Yaakob. He said this will take effect for 14 days beginning March 5. He said Melaka, Pahang, Terengganu, Sabah, Putrajaya, Labuan and Perlis will be under recovery MCO. Kedah, Kelantan, Negri Sembilan, Sarawak and Perak remains under conditional MCO.
The National Security Council (NSC) has released the latest standard operating procedures (SOP) for the tourism sector in states under the movement control order (MCO) specifically for the meetings, incentives, conventions and exhibitions (MICE) sector. The new SOPs are applicable to events including travel fairs, trade fairs, travel marts, travel bazaars, and culture and arts carnivals.
The Malaysian Investment Development Authority (MIDA) said it had RM65.9 billion worth of potential investments being actively evaluated as at December 2020. Once approved, these projects are expected to be implemented in 2021 to 2022, it said in a statement today. MIDA has also identified 240 high-profile foreign investment projects, which include Fortune 500 companies in the manufacturing and services sectors, with a combined potential investment value of RM81.9 billion.
AMCHAM was delighted to have had our very first meeting with Brian McFeeters, the incoming U.S. Ambassador to Malaysia. Earlier this afternoon, the Ambassador who, having arrived on the weekend and is still undergoing quarantine, was able to meet with our Board of Governors and our CEO.
On 2 March, AMCHAM held a briefing session on the amendments that were made to the Industrial Relations Act 1967, which came into effect on 1 January 2021. For a better understanding of the amendments and the impact it brings, two expert legal speakers were brought on board for this session.
On 2 March, AMCHAM held a members-exclusive briefing session on this One Stop Centre and how companies can apply for entry permissions for both short-term/long-term business travellers. S. Siva, Executive Director, Investment Promotion, MIDA presented on the One Stop Centre, its functions and application processes for entry.
Aiza Azreen Ahmad joins MDEC as their new Chief Digital Business. She will be working closely with the CEO and Board of Directors to drive all business development, strategic and operational aspects of the company, including corporate and business development initiatives; strategic planning; budget development and control; commercial input into national digitalisation development; as well as support investor relationships and fundraising.
Public health experts are confident that Johnson & Johnson's (J&J) single-shot vaccine will be a "game changer" for Malaysia's vaccination programme. They believe the vaccine can navigate around logistical hurdles as well as enhance access, distribution and compliance.
|Asia Pacific (AAP) Business Summit 2021|
Join the region’s largest AmCham event of 2021 from 9-11 March for a rare opportunity to engage with industry leaders and government representatives from the U.S. and across the Asia Pacific region.
All morning plenary sessions will be taking place virtually, with afternoon in-person industry breakout discussions for each of the 14 AmCham Committees to be held at Marina Bay Sands Singapore.
Purchase your virtual pass now. Tickets for the afternoon in-person events are pending government approval, and we will notify you once registration for the in-person tickets is live.
This daily round-up brings you a selection of the latest news and updates on the COVID-19 coronavirus pandemic, as well as tips and tools to help you stay informed and protected. Confirmed cases of COVID-19 have now passed 114 million globally, according to the Johns Hopkins Coronavirus Resource Center
. The number of confirmed deaths stands at more than 2.53 million.
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