AMCHAM Spotlight is a unique and interactive event platform for companies to highlight their brand and showcase particular products or services to an exclusive audience within the AMCHAM membership.

Interested? Please email our events team at events@amcham.com.my.

All trade and distribution sub-sectors in states under Phase 2 of the National Recovery Plan (PPN) can resume operations even if the number of fully vaccinated individuals in those states has yet to reach 50 per cent of the adult population. The Domestic Trade and Consumer Affairs (KPDNHEP) Ministry, in a statement, said the states involved are Kelantan, Terengganu, Pahang, Perak, Penang and Sabah.

Malaysia administered 525,111 COVID-19 vaccine doses on Tuesday (Aug 17). 184,972 people received their first dose of a COVID-19 vaccine, while 340,139 individuals received their second dose and completed the inoculation. Johor administered the most first doses with 33,092 jabs given, followed by Sabah (30,602), Terengganu (19,825) and Penang (14,926).

Directors’ independence has been a key focus of the Securities Commission Malaysia (“SC”) and Bursa Malaysia Securities Berhad (“Bursa”) lately as can be seen from the amendments and proposed amendments in relation to the requirements and eligibility of independent directors of public listed companies.

This update by Christopher and Lee Ong provides a summary of the recent decision of the Malaysian High Court in Re Top Builders Capital Bhd & Ors [2021] 10 MLJ 327, and highlights the procedure and approach for the assessment of the proofs of debt for voting in a scheme and sets out the test and considerations when granting leave to a creditor to proceed with its legal proceedings against a company with a restraining order.

HSBC Malaysia and the Malaysian Investment Development Authority (MIDA) today renewed its Memorandum of Understanding (MOU), reaffirming the strong partnership between both organisations to attract more global investments into Malaysia and to further facilitate the establishment and expansion of multinational corporations in the country.

Microsoft Malaysia and Silicon Valley-based Seeloz Inc. (Seeloz) signed a Memorandum of Understanding (MOU) to support the Malaysian supply chain ecosystem with AI technology to further enhance the major strategic sectors in Malaysia including manufacturing, oil and gas, utilities, palm oil and public services.

Hospital Kuala Lumpur is currently in urgent need of hospital equipments due to overwhelming number of COVID-19 patients. AMCHAM is seeking support from any of our member companies who is able to contribute.

If anyone is able to assist, please contact Kevin at kevin@amcham.com.my or Elaine at elaine@amcham.com.my

Hospital Ampang has close to 150 COVID patients now in, and for the past few weeks the hospital has been expanding the wards in terms of manpower, equipment, and proper isolation spaces.

Both patients and clinicians need equipments urgently to be able to do their work.

If anyone is able to assist, please contact Kevin at kevin@amcham.com.my or Elaine at elaine@amcham.com.my

Hospital Kepala Batas has set up the new Hospital Medan to cope with the rising numbers of ICU patients since May 2021. They are currently in urgent need of medical equipment. AMCHAM is seeking support from any of our member companies.

If anyone is able to assist, please contact Kevin at kevin@amcham.com.my or Elaine at elaine@amcham.com.my

Most small and midsize businesses run on old software suites. Their systems no longer fit the demands of a work-from-anywhere world. Even worse, they are not well integrated, causing extra work for employees who spend long hours, often on personal time, toggling between programs to support what should be simple business processes.