|AMCHAM Update #231 COVID-19 Outbreak|
During this period of Conditional Movement Control Order (CMCO), 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 Conditional Movement Control Order (CMCO) will remain for another two weeks until April 14 in Selangor, Kuala Lumpur, Penang, Johor and Kelantan. CMCO in Sarawak has been extended to April 12. Meanwhile for Kedah, Perak, Perlis, Melaka, Pahang, Terengganu, Sabah, Putrajaya, Labuan and Negri Sembilan, Ismail said the Recovery Movement Control Order (RMCO) has been also extended until April 14.
Travellers who have received the COVID-19 vaccine are not exempt from complying with the prescribed COVID-19 infection prevention measures including undergoing mandatory quarantine, says Health director-general Tan Sri Dr Noor Hisham Abdullah. He said the Ministry of Health (MoH) on March 12 had decided that risk assessments should be carried out on travellers who had received complete COVID-19 immunisation.
Bank Negara Malaysia today, 31 March, released three reports, Annual Report 2020 (AR 2020), Economic and Monetary Review 2020 (EMR 2020) and Financial Stability Review for Second Half 2020 (FSR 2H2020).
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The Ministry of International Trade and Industry, Strategic Trade Secretariat in collaboration with the U.S. Department of State, Export Control and Related Border Security Program and U.S. Department of Energy, National Nuclear Security Administration will be organising the Strategic Trade Act 2010: 10th Anniversary Celebration and Conference from 8 - 9 April 2021.
AMCHAM's CEO, Siobhan Das is scheduled to speak at this event.
Join us for the Penang Investment Webinar on Friday, April 16, 2021 at 8.00 am – 9.20 am.
This virtual session aims to provide a platform for businesses, consultants and investors to understand Penang, Malaysia's investment climate, successful investment stories, industry landscape as well as holistic state- led initiatives that make Penang the niche supply chain powerhouse in South East Asia.
The panel session will be moderated by AMCHAM's CEO, Siobhan Das.
Shell Malaysia has appointment Ivan Tan as the new Country Chairman of Shell Malaysia, effective from April 1. Ivan will succeed Iain Lo, who will retire from company service having served as Chairman for eight years and after a distinguished career at Shell for 30 years. As Chairman of Shell Malaysia, Ivan will oversee all Shell Malaysia businesses, in addition to his current role as Senior Vice President and Managing Director for the Upstream business in Malaysia.
Normal might not return until at least next year, noted a majority of chief executive officers (CEOs) worldwide, according to the 2021 KPMG CEO Outlook Pulse Survey
that was recently published. The survey, which involved 500 CEOs worldwide, noted that 45% do not expect to see a return to normal until sometime in 2022, while 31% anticipate that it will happen “later this year.”
One year after the World Health Organization declared COVID-19 a global pandemic, the results of our newest McKinsey Global Survey signal greater optimism about the economy and corporate prospects than respondents have expressed since the crisis began—and on a few fronts, than they have in several years. Still, weak demand continues to threaten corporate growth, and the pandemic remains the biggest risk to growth in respondents’ countries.
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