| AMCHAM Update #247 COVID-19 Outbreak |
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Dear Subscriber,
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. |
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| Foreigners stranded in Malaysia were given until yesterday to apply for an extension if their social visit passes expired on or after Jan 1, 2020. “Many foreigners were caught off-guard and have been scrambling to apply for an extension or arrange for a way to return to their home countries but many are still stranded here. |
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| Effective today, foreigners with an expired Social Visit Pass (PLS) will have to apply for a special pass to enable them to stay in Malaysia while waiting for a flight back to their country of origin. Foreigners are advised to submit complete documents to apply for a special pass and make an appointment through STO. |
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| Malaysia must adopt a comprehensive approach to reinvigorate the investment ecosystem and respond adequately to emerging megatrends as well as the evolving needs of investors. The country needs to continuously enhance its unique value propositions, which span across a wide array of elements such as incentives, facilitation, talent, infrastructure, as well as legal, regulatory, procedural, and institutional mechanisms. |
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| The U.S. Commercial Service, the U.S. Department of Commerce’s export promotion arm, and its strategic partner USA Healthcare Alliance (USAHA) invite you to join a Virtual Med-Tech Trade Forum with Vietnam, Malaysia, and Thailand. The forum, spread out over four two-hour sessions, will focus on Medical Devices and Health IT and will take a deep dive into the best prospects for increasing the sales of U.S. health technologies in these fast-growing markets. |
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| The Ministry of Science, Technology and Innovation (MOSTI) is inviting you to participate in their monthly MyTech Pitch Program, a product pitching platform whereby selective local R&D researchers (products/ technologies/ services) pitch their ideas to startups/venture capitals/angel investors to accelerate the commercialisation of local R&D.
MyTech Pitch provides an opportunity for researchers from universities to promote their research findings and innovations to potential investors and industry players, as well as exchange information on local technologies and R&D products. |
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| UPCOMING AMCHAM EVENT [HYBRID] |
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| US-based semiconductor manufacturer Intel Corp is now harnessing solar energy to help power its six buildings across its Kulim and Penang campus, and that the project is Intel Inc's largest solar farm outside of the United States. The use of renewable power generated on-site at Intel Malaysia "is a critical part of Intel’s efforts as a responsible corporate citizen |
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| Companies that have been granted incentives are required to comply with certain conditions and implement their approved projects within a stipulated timeframe, as outlined in the approval letters issued by MIDA. The conditions could include a minimum amount of investment in fixed assets, incurring minimum amounts of research and development expenditure, hiring employees with certain levels of qualifications, partnering with local businesses and educational institutions, and others. |
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| False claims about Covid-19 and vaccines have spread so much so fast that the Covid-19 Immunisation Task Force (CITF) and Facebook Malaysia are launching a series of new initiatives to combat it. As the country progresses into Phase 2 of the vaccination programme, CITF wants to ensure that at least 70 percent of the population are vaccinated against the virus by December of 2021. |
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Keep up with AMCHAM by following us on Social Media and remember to tag us when posting notes from our member companies.
Follow us on Facebook, LinkedIn, Twitter and Instagram @AmChamMalaysia |
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| Women today comprise only a third of the workforce in the tech sector and there remains a lot more to be achieved. Many feel that with resilience and upskilling, women can push forward to leadership positions and earn their seats at the table. The pandemic has created an ideal opportunity for them to step forward in their professional roles and prove themselves as equals. Despite years of efforts to empower women in the region, the COVID-19 pandemic may have pushed women back in terms of digital access. The pandemic has visibly choked the education system across countries, especially in terms of girls’ education. |
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| TIERED CORPORATE MEMBERS 2021 |
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| STAY UPDATED ON THE LATEST HAPPENINGS - Click Below |
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| MEMBER BENEFITS PROGRAM - click below for more information |
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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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