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AMCHAM Update #540
Dear Subscriber,
UPCOMING EVENTS
AMCHAM Thanksgiving Luncheon & MY AMCHAM CARES Recognition Ceremony 2024
AMCHAM Thanksgiving Luncheon & MY AMCHAM CARES Recognition Ceremony 2024

date

Nov 26, 2024
(12:00 PM - 3:00 PM) (GMT+8)

location

Diamond Ballroom, Level 1, EQ Kuala Lumpur
Kuala Lumpur, Wilayah Persekutuan...
Click here for Sponsorship Packages
[Virtual] Advance and Elevate Your Career
[Virtual] Advance and Elevate Your Career

date

Oct 10, 2024
(3:00 PM - 4:30 PM) (GMT+8)
AMCHAM Members' Briefing
AMCHAM Members' Briefing

date

Oct 16, 2024
(4:00 PM - 6:00 PM) (GMT+8)

location

Botanica+Co at Bangsar South
Kuala Lumpur, Federal Territory o...
AMCHAM Unplugged: Leadership for Tomorrow
AMCHAM Unplugged: Leadership for Tomorrow

date

Oct 17, 2024
(12:00 PM - 1:15 PM) (GMT+8)

location

AMERICAN MALAYSIAN CHAMBER OF COMMERCE
Kuala Lumpur, Malaysia
AMCHAM IN PARTNERSHIP WITH
Sarawak Future Forum 2024
Sarawak Future Forum 2024
The inaugural Sarawak Future Forum on 10th October 2024 at the Sheraton Kuching gathers global experts to discuss economics and sustainability for Sarawak and the region’s growth. Headline speakers include Nobel Prize winner Prof Joseph Stiglitz; Marga Hoek, author of the ‘Trillion Dollar Shift’, award winning CNN journalist Andrew Stevens and others. SCOPE is the event organizer and International New York Times the media partner.
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MEMBER NEWS
Articles by Azmi & Associates (August and September)
Articles by Azmi & Associates (August and September)
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Bank of America organizes training and coaching session for school children
Bank of America organizes training and coaching session for school children
Bank of America team joined members of Teach For Malaysia along with the principal and teachers of SMK Pandamaran Jaya school to organize a training and coaching session in Port Klang. Gautam Puntambekar, Malaysia Country Head, Bank of America delivered a mentoring session to help school children learn new skills to enable them unleash their full potential.
Google's investment in Malaysia to boost GDP by US$3.2 billion in five years
Google's investment in Malaysia to boost GDP by US$3.2 billion in five years
Google held a groundbreaking ceremony for its first US$2 billion data centre and cloud infrastructure in Elmina Business Park, Selangor.

Google's US$2 billion investment in its new data centre and cloud region in Malaysia is projected to generate US$3.2 billion in gross domestic product (GDP) growth and create 26,000 high-skilled jobs over the next five years, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
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Oracle to invest US$6.5 billion to set up cloud facilities in Malaysia
Oracle to invest US$6.5 billion to set up cloud facilities in Malaysia
Oracle plans to invest more than US$6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country.

The planned public cloud region will help organizations in Malaysia modernize their applications, migrate their workload to the cloud, and innovate with data, analytics and AI
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Government announces Tax Incentives for Forest City Special Financial Zone
Government announces Tax Incentives for Forest City Special Financial Zone
Malaysia’s Finance Minister II, Datuk Seri Amir Hamzah Azizan, in his keynote address announced the financial incentive package for the Forest City Special Financial Zone (“FCSFZ”) on 20 September 2024.

To develop the FCSFZ into a preferred regional financial hub similar to Shenzhen in China and the Dubai International Financial Centre in the United Arab Emirates, the Finance Minister II announced a number of tax incentives.
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Christopher & Lee Ong Update: Malaysia's Corporate Renewable Energy Supply Scheme (CRESS) – Key Features of the Framework under the Guidelines
Christopher & Lee Ong Update: Malaysia's Corporate Renewable Energy Supply Scheme (CRESS) – Key Features of the Framework under the Guidelines
Following the announcement by the Ministry of Energy Transition and Water Transformation in July 2024, the Energy Commission of Malaysia recently launched the much-anticipated Guidelines for Corporate Renewable Energy Supply Scheme ("CRESS") ("Guidelines"), which sets out the regulatory framework for the participation by renewable energy developers in the scheme.

This Update by Christopher & Lee Ong provides the key points from the Guidelines.
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Agile Continuous Education (ACE): Professional Certification in Corporate Finance – AI Powered Learning in Action
Agile Continuous Education (ACE): Professional Certification in Corporate Finance – AI Powered Learning in Action
Asia School of Business (ASB) is at the forefront of providing continuous, life-long learning in the face of rapid changes and challenges in technology, economies, and the imperatives for sustainable solutions. In this era of constant learning, we introduce Agile Continuous Education (ACE), a transformative approach designed to keep professionals at the cutting edge of their fields.
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TIERED CORPORATE MEMBERS 2024
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MEMBER BENEFITS PROGRAM
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American Malaysian Chamber of Commerce
Level 10, Bangunan Faber Imperial Court, Jalan Sultan Ismail,
Kuala Lumpur 50250, Malaysia
Tel: +603 2727 0070Fax: +603 2727 0075Email: 
    

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