Sponsorship Opportunities are available. For more information contact our events team at events@amcham.com.my.

The Permission to Work with a maximum of (30) days Social Visit Pass (PLS@XPATS) will be endorsed at the Immigration Entry Point, subject to the Approval Letter.

Effective 18 July 2024, the processing charter will be revised from Three (3) Working Days to One (1) Working Day upon a submission with complete document.

Malaysia’s trade has maintained its upward trajectory, growing consistently since January 2024, to record an 8.7 per cent year-on-year (y-o-y) expansion in June 2024 to RM237.81 billion, said the Ministry of Investment, Trade and Industry (MITI).

The ministry noted that exports registered the third consecutive month of growth, increasing 1.7 per cent to RM126.05 billion, while imports rose 17.8 per cent to RM111.76 billion.

On Thursday night, July 18, AMCHAM hosted the InterChamber Networking event at Crowne Plaza, Kuala Lumpur. This event was a collaborative effort between seven business chambers: AMCHAM, the European Chamber of Commerce in Malaysia (EuroCham), the Malaysian French Chamber of Commerce (CCIFM), the Malaysian-German Chamber of Commerce & Industry (MGCC), the Malaysian Dutch Business Council (MDBC), the British Malaysian Chamber of Commerce (BMCC), and the Malaysia Australia Business Council (MABC).

A global survey by KPMG International highlights the increasing adoption of artificial intelligence (AI) in financial reporting. According to the AI in Financial Reporting and Audit: Navigating the New Era report, 10% of companies have widely adopted AI in their financial reporting, while nearly three-quarters (72%) are piloting or using it selectively. In the next three years, 99% of organizations are expected to integrate AI into their financial reporting processes.

International property consultancy firm Knight Frank forecasts that Kuala Lumpur’s prime office rental and vacancy rates will remain unchanged and stable for the next 12 months.

According to Knight Frank's Asia-Pacific Prime Office Rental Index for the second quarter of 2024 (2Q2024) released on Wednesday, the rental rate for prime offices in KL was US$17.99 (RM84.06) psf per year, a slight increase of 0.2% quarter-on-quarter (q-o-q) and 2.6% year-on-year (y-o-y).

The Malaysia Digital Economy Corporation (MDEC) has launched the inaugural national e-Invoicing open day and accreditation, marking a significant milestone towards digitalising business processes.

The landmark event aims to empower businesses by facilitating the adoption of e-invoicing solutions, after having championed the e-invoicing initiative to accelerate the nation's digital transformation since 2020.

Imagine a world where contracts are executed seamlessly without human intervention, reducing costs and enhancing efficiency across industries – from finance to real estate. This is the promise of smart contracts, self-executing agreements embedded in blockchain technology.

However, the rapid adoption of this revolutionary technology comes with significant risks. In 2016, a coding flaw in the Decentralized Autonomous Organization (DAO) smart contract on the Ethereum platform led to a theft of $50 million worth of ether, illustrating the potential vulnerabilities.