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AMCHAM Update #514
Dear Subscriber,
UPCOMING EVENTS
Malaysia's Avionics: Runway to Future Industries
Malaysia's Avionics: Runway to Future Industries

date

Apr 23, 2024
(12:00 PM - 4:30 PM) (GMT+8)

location

Eastern & Oriental Hotel, Penang
George Town, Pulau Pinang, Malaysia
OPEN TO AMCHAM MEMBERS ONLY
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AMCHAM is thrilled to announce our signature golf day, the 2024 Ambassador’s Cup, which will be held on Wednesday, 29 May 2024, at the iconic Royal Selangor Golf Club. Join us for an exhilarating day of networking and golf, which promises a perfect blend of challenges and enjoyment on the fairways and greens of one of Malaysia’s most esteemed golf clubs.

Slots are limited and on a first-come, first-served basis. Register early so you do not miss out on this exciting event! Sponsorship opportunities, including In-Kind, are available (see here); please reach out to Kevin Roch at kevin@amcham.com.my for more information.
CHAMBER NEWS
New Staff: Bernie Foo - Executive Assistant to the CEO
New Staff: Bernie Foo - Executive Assistant to the CEO
We are pleased to share that Bernie Foo has joined the Chamber as the EA to the CEO. Bernie comes with over 30 years in hospitality, procurement, sourcing, and marketing.

She will support the CEO with the executive's agenda and communications.
Staff Promoted: Graciely O'Hara - Chamber Executive
Staff Promoted: Graciely O'Hara - Chamber Executive
Graciely O'Hara joined the Chamber in 2023 as part of the 1-year Chamber Associate program for fresh graduates. She has been supporting the different teams within the Chamber, and we are pleased to announce that she has recently been promoted to Chamber Executive. Graciely is currently supporting the Membership Team.
AMCHAM’s Economic Impact Survey 2022/23
AMCHAM’s Economic Impact Survey 2022/23
AMCHAM’s Economic Impact Survey 2022/23
The Economic Impact Survey (EIS) is an undertaking by AMCHAM to quantify its members’ contributions to the Malaysian economy. It incorporates a snapshot of challenges and opportunities faced in the post-pandemic era.

The survey’s findings underscore the crucial role played by American MNCs in Malaysia, their partners and the relationship with the local ecosystem as it relates to their sustained contributions to the country’s economy.
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UPCOMING WEBINAR (NON-AMCHAM)
Opportunity ASEAN Webinar Series: Malaysia & Indonesia
Opportunity ASEAN Webinar Series: Malaysia & Indonesia
Join this exclusive webinar series, where leading ASEAN AmChams unveil investment opportunities across their respective countries. Delve into the dynamic markets of these Southeast Asian powerhouses and uncover the potential for growth, expansion, and success.

AMCHAM leaders will provide invaluable insights into key sectors, regulatory frameworks, and strategic entry points, offering you the knowledge needed to make informed investment decisions.
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WE'RE HIRING
Chamber Associate Program
Chamber Associate Program
The Chamber Associate program at AMCHAM Malaysia invites fresh graduates to explore their skills in a challenging and purpose-driven environment.

Spend a year steeped in various areas within the Chamber and learn about events, communications, membership development, building communities, policy development, and regulatory matters impacting business in Malaysia for foreign investors.
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MEMBER NEWS
Christopher & Lee Ong Update: Solar for Rakyat Incentive Scheme (SolaRIS)
Christopher & Lee Ong Update: Solar for Rakyat Incentive Scheme (SolaRIS)
On 27 March 2024, the Ministry of Energy Transition and Water Transformation announced a special incentive known as the Solar for Rakyat Incentive Scheme ("SolaRIS"). The SolaRIS aims to encourage the installation of solar photovoltaic systems by domestic consumers. In line with the SolaRIS, the Government has also announced a further additional quota of 100MW for the Net Energy Metering Rakyat programme. This Update highlights the key features of these initiatives.
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DaVita uniting hearts and communities through Bubur Lambuk distribution
DaVita uniting hearts and communities through Bubur Lambuk distribution
This Ramadan, DaVita is bringing the tradition of bubur lambuk, a beloved porridge traditionally shared with the community to bring people together, symbolizing unity and compassion. In this blessed month, DaVita is extending this tradition beyond the confines of home and into the hearts of the people serving over 2,000 individuals with this heartwarming meal.
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KPJ Healthcare achieves 206th Robotic-Assisted Knee Surgery
KPJ Healthcare achieves 206th Robotic-Assisted Knee Surgery
KPJ Healthcare Berhad has achieved a significant milestone in orthopaedic surgery with its specialist hospital, KPJ Kuching Specialist Hospital (KPJ Kuching), completing its 206th knee surgery utilising robotic-assisted technology (TKA). This accomplishment underscores KPJ Healthcare’s commitment to advancing surgical technology and prioritizing patient-centric care.
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Knight Frank: Malaysia now key player in offshoring market, has 8pc share of Asia-Pacific
Knight Frank: Malaysia now key player in offshoring market, has 8pc share of Asia-Pacific
Malaysia has established itself as a significant player in the Asia Pacific offshoring market, currently hosting 607 Global Business Services (GBS) companies, according to Knight Frank Malaysia.

Offshoring refers to the strategic relocation of specific business operations to foreign countries, typically motivated by various factors, including but not limited to cost reduction, access to specialised expertise, expansion into new markets, among others.
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FACTS AND INSIGHTS
6 strategic concepts that set high-performing companies apart
6 strategic concepts that set high-performing companies apart
At the close of 2023, the California-based chip company Nvidia announced yet another quarter of record sales — an achievement that came hot on the heels of its entry to the elite club of U.S. enterprises with a $1 trillion market valuation earlier in the year. The company, whose success has been fueled by the AI boom, now holds approximately 80% of the global market share for GPU semiconductor chips.

So how has Nvidia engineered such a definitive overtake of its peer? There are, of course, a combination of factors at play, but research suggests that Nvidia’s use of one of six emerging strategic concepts.
Read More
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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