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AMCHAM Update #526
Dear Subscriber,
UPCOMING EVENT
InterChamber Networking
InterChamber Networking

date

Jul 18, 2024
(4:00 PM - 6:00 PM) (GMT+8)

location

Le Midi, Level 32, Crowne Plaza Kuala Lumpur City Centre, an IHG Hotel
Kuala Lumpur, Wilayah Persekutuan...
SAVE THE DATE
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CHAMBER NEWS
AMCHAM 47th Annual General Meeting
AMCHAM 47th Annual General Meeting
On June 25, AMCHAM held its 47th Annual General Meeting (AGM), at which five Governors were re-elected, and four new Governors joined the returning board members.

AMCHAM’s CEO Siobhan Das expressed her delight in seeing some new companies join the Chamber’s Board: ” There is so much more we can do, and it is great to work with a group of executives who understand how a Chamber can support businesses in Malaysia and drive the AMCHAM mission of being the Voice of U.S. Business in Malaysia.”
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AMCHAM 47th Annual General Meeting Luncheon
AMCHAM 47th Annual General Meeting Luncheon
On June 25, AMCHAM held its 47th Annual General Meeting (AGM) Luncheon at the Sheraton Hotel Kuala Lumpur.

Y.A.B. Dato’ Seri Anwar bin Ibrahim, Prime Minister of Malaysia, and Y.B. Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister for Investment, Trade, and Industry, graced AMCHAM’s signature program with their presence.
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Click here for photo gallery
NEWS UPDATE
Introducing new ESD online features in facilitating expatriate pass processing, effective 1 July 2024
Introducing new ESD online features in facilitating expatriate pass processing, effective 1 July 2024
The Expatriate Services Division announces the implementation of new online applications for sub-product services to better facilitate and meet employers needs for their expatriates. The deployment of these new features will take effect from 1 July 2024 which includes:
  • Amendment of Pass Information
  • Shortening of Pass
  • Cancellation of Pass
  • Transfer of Endorsement (ToE) / Take-up Balance (TuB)
  • Permission to Study
  • Permission to Work at a Second Location
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UPCOMING EVENT (AMCHAM MEMBER)
Four Seasons Hotel Kuala Lumpur organizes 2nd Terry Fox run to raise funds for cancer research in Malaysia on Sunday, August 4, 2024
Four Seasons Hotel Kuala Lumpur organizes 2nd Terry Fox run to raise funds for cancer research in Malaysia on Sunday, August 4, 2024
Four Seasons Hotel Kuala Lumpur will be hosting its 2nd official Terry Fox Fun Run in Kuala Lumpur on Sunday, August 4, 2024, at 7:00 am. The Hotel invites runners, joggers and walkers of all ages to join the run in support of Cancer Research Malaysia.

Everyone is welcome to take part and can complete the 5-kilometre run following DBKL’s Sunday car-free route at their own pace.
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MEMBER NEWS
Government to present draft law on legal framework for carbon capture in November 2024
Government to present draft law on legal framework for carbon capture in November 2024
The Minister of Economy, Rafizi Ramli, announced recently that efforts are underway to introduce a comprehensive legal framework for the implementation of carbon capture, utilisation and storage (‘CCUS’) initiatives in Malaysia. In connection with this, a Memorandum has been tabled to the Malaysia Cabinet on 21 May 2024, which is intended to spearhead the preparation of such a framework.
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Boeing names new President for Southeast Asia
Boeing names new President for Southeast Asia
Penny Burtt has been announced as the new President of the Boeing's Southeast Asia business, effective July 3.

Burtt will be based in Singapore and oversee the company’s strategy and operations as Boeing expands its regional presence. She will also become Director and Chair of Boeing Singapore Pte. Ltd. and President Director of PT. Boeing Indonesia.
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Matrade taps Deloitte to drive NIMP 2030 forward
Matrade taps Deloitte to drive NIMP 2030 forward
Matrade and Deloitte to jointly drive the New Industrial Master Plan 2030 (NIMP 2030) through a series of technology-led initiatives. This strategic collaboration aims to support MATRADE’s transformation initiatives by leveraging Deloitte’s global network and expertize while empowering local economies through specialized, customizable capability development programmes to elevate Malaysia’s economic standing by 2030.
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FACTS AND INSIGHTS
The promise of generative AI for credit customer assistance
The promise of generative AI for credit customer assistance
With the rapid emergence of generative AI (gen AI), credit customer assistance and collection functions are taking advantage of the technology’s potential. They can use it to enhance operational capabilities, improve efficiency, increase effectiveness, and—most importantly—create better outcomes for customers.

New technology has allowed the offering of more services, more relevant arrangements with customers, new renegotiation pathways, and improved settlement conditions.
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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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