|AMCHAM Update #352 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.
|AMCHAM'S PENANG DIALOGUE 2021|
Sponsorship opportunities are now available. Sponsors will get maximum visibility amongst key decision makers and influencers within the local and foreign business community. Don’t miss this opportunity to engage and showcase your business at our Penang Dialogue. Sponsorships are limited, and accepted on a first come first serve basis. To sponsor this event, contact our events team at firstname.lastname@example.org.
Today, AMCHAM had another instalment of the GATE 40 sessions, this time featuring Hasnul Nadzrin Shah, Director – Government and Regulatory Affairs from IBM.
|UPCOMING WEBINAR (NON-AMCHAM)|
Are you looking for a viable alternative to sea freight since the price of sea freight is skyrocketing? Do you need to address the supply chain bottlenecks in the sea freight market? Looking for a cost-efficient transportation alternative to export and import your products and on schedule?
A total of 10 COVID-19 vaccination centres in Penang will continue to operate until October 31 while children above 12-years-old can walk-in from Wednesday onwards (October 6) health. The Health Minister has agreed to the state’s request, submitted on September 27, to extend the operations of the 10 PPVs in the state.
With 88% of the adult population in Malaysia fully vaccinated, interstate travel could be allowed in less than a week's time. 88% of our adult population has been fully vaccinated. That is another 2% until state borders are open and Malaysians will no longer need to apply for MyTravel Pass (MTP) to travel abroad
Malaysia’s trade from January to August this year increased by 22.9% to RM1.4 trillion compared to the same period last year.
Exports expanded 24.9% to RM778.49 billion, while imports increased 20.4% to RM628.29 billion, with the trade surplus surging 48.2% to RM150.2 billion.
Ports and logistics sector is seeing gradual earnings recovery in the second half (2H) of 2021, according to Kenanga Research. This is supported by COVID-19 vaccinations rollouts, normalisation of domestic and global economic activities, as well as pent-up demand effect in general. Kenanga Research, however, has retained a "neutral" call on the sectors given the lack of near-term catalysts.
Sarah Bianchi was sworn in as Deputy United States Trade Representative today by United States Trade Representative Katherine Tai. Ambassador Bianchi’s portfolio will include Asia, Africa, Investment, Services, Textiles, and Industrial Competitiveness. She was confirmed by the United States Senate on September 23, 2021.
On September 29, 2021, the Adolescent COVID-19 Vaccination Centre opened
its doors at The International School of Kuala Lumpur (ISKL
) in Ampang Hilir. Implemented by the Ministry of Health, the Vaccination Centre serves 12 to 17 year old students in both private and international schools in the area, with around 18,000 students anticipated to receive their vaccinations at the ISKL Centre.
EY has released its latest tax alert issue No. 20/2021. This issue covers:
- Guidelines for Principal Hub (PH) incentive 3.0
- Guidelines for Global Trading Centre (GTC) incentive
- Guidelines on tax incentive for manufacturers of pharmaceutical products
This daily round-up brings you a selection of the latest news and updates on the COVID-19 coronavirus pandemic, as well as tips and tools to help you stay informed and protected. Confirmed cases of COVID-19
have passed 234.9 million globally, according to Johns Hopkins University. The number of confirmed deaths stands at more than 4.8 million. More than 6.31 billion vaccination doses
have been administered globally, according to Our World in Data.
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