|AMCHAM Update #350 COVID-19 Outbreak|
As Malaysia gradually reopens, the COVID-19 pandemic continues to play a significant role on businesses and livelihoods. AMCHAM will continue to bring you daily updates on the latest COVID-19 developments, which includes vaccination updates, Government-issued orders, regulations, and SOPs as well as initiatives from related bodies and organizations.
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Klang Valley and Malacca officially enter into Phase 3 of the National Recovery Plan (NRP) today, 1 October. With that, an updated set of SOPs have been released for areas undergoing Phase 2, 3, and 4 of the NRP. Notable updates include the permitted activities for fully vaccinated individuals, events for public and private sectors, seminars, workshops, courses, training and talks, and more. Thank you to the British Chamber of Commerce (BMCC) for helping with the English translations.
The government has maintained that social and economic sectors, including dine-ins at eateries in states under all phases of the National Recovery Plan (NRP), are only allowed for fully vaccinated individuals. For individuals who cannot be vaccinated due to health factors, they must provide health information that has been verified by a medical officer.
The Health Ministry has announced that the CoronaVac COVID-19 vaccine from Chinese manufacturer Sinovac has been given conditional approval for those aged 12 and above. The use of CoronaVac Covid-19 vaccine from Sinovac Life Sciences Co. Ltd., China and Pharmaniaga Lifesciences Sdn Bhd, Malaysia, was approved in a Drug Control Authority meeting on Friday (Oct 1).
The KPMG 2021 CEO Outlook finds CEOs focused on being plugged-in, people-first and purpose-led to grow their organizations. The survey draws on perspectives of 1,325 CEOs across 11 major markets as they look to play a central part in rebuilding the economy and society. As they manage the impact of COVID-19, they’re optimistic about the economic recovery and continue to put an emphasis on leading with purpose.
The rapid advancement of digital adoption has been a disruptive force within the business community. In this new landscape, data has been a hot commodity that creates a vast supply of opportunities with the emergence of cloud computing, artificial intelligence (AI) and machine learning. According to a report by IDC, the total amount of data generated in the world last year was estimated at 64.2 zettabytes (1 zettabyte: a trillion gigabytes).
The future will not be more stable or certain. The future — whether that’s this afternoon, next week, next quarter, next year, or the next decade — is now defined by more uncertainty, more unpredictability, and more unknowns. Individually, we wonder (and often worry) about our jobs, our well-being, and our children’s future. Organizationally, we grapple with business model disruption, digital transformation, and the Great Resignation.
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