We are opening up! AMCHAM is inviting companies of both AMCHAM membership and non-members to place an advertisement in our upcoming Membership Directory. This would be the perfect opportunity to increase brand exposure and showcase your brand to the 280 companies under AMCHAM membership and to those who will also receive a copy of the directory including all the ministries and the agencies, the Chamber interacts with regularly.

Was yesterday’s sharp hike in new COVID-19 cases an indication of an imminent “fourth wave”? Just a few days ago, Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob and Health Minister Datuk Seri Dr Adham Baba had expressed their concern over the probability of a resurgence of infections.

AMCHAM’s CEO Siobhan Das was invited to moderate the panel discussion at Invest Penang’s webinar "Penang Investment Webinar: Your Springboard to the World" earlier this morning. Penang is known as the 'Silicon Island of the East,’ one of the most vital economic powerhouses in Malaysia and home to many Global Fortune 500 Companies.

Berjaya Food Bhd (BFood) profitability will continue to be driven by the opening of 25-30 new Starbucks outlets annually. Hong Leong Investment Bank (HLIB) Research said BFood take up for takeaway and drive-through have been robust during MCO 2.0. The online delivery sales have spiked to the range of 20-30 per cent of revenue contribution during the current CMCO, it said.

Based on its Wealth Sizing Model survey, Knight Frank predicts that the global population of ultra-high-net-worth individuals (UHNWIs) will grow over the next five years with Asia emerging to see the fastest growth by 39%, compared to the global average of 27%. It also forecasts that the number of millionaires will rise by 41% and notes that the interest for post-pandemic investment has increased significantly by 76%.

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Confirmed cases of COVID-19 have passed 138.26 million globally, according to Our World in Data. The number of confirmed deaths stands at more than 2.97 million. More than 825.09 million vaccination doses have been administered globally. India has reported a record 200,739 new COVID-19 cases, with the financial hub of Mumbai entering a lockdown and many hospitals reporting severe shortages of beds and oxygen supplies.