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.

As the Asia Pacific (APAC) accelerates efforts to digitize their economies, the risk of cyberattacks increases. On 25 April, AMCHAM held a timely panel discussion with experts in the industry to navigate and discuss best approaches on cybersecurity across APAC.

On 23rd April, AMCHAM and the Malaysia Aerospace Industry Association (MAIA) held a half-day program to look at opportunities and provide frameworks to further develop the Malaysian avionics industry.

Naguib Mohd Nor, CEO of AMRACE opened the topic of the day and provided a comprehensive overview of the avionics landscape in Malaysia along with its potential for growth.

The Ministry of Foreign Affairs has received a Diplomatic Note from the High Commission of Brunei Darussalam in Putrajaya regarding the invitation of 'Request for Information (RFI)' to regional and international companies interested in providing 'Modular Backup Power Generators' to the Department of Electricity Services, Brunei Darussalam.

The new closing date for submission of documents is before 7 May 2024 (Tuesday). For Shipping information click here.

Interested parties are requested to send the completed documents to the parties specified in the document. Any questions can be asked directly to Pn. Nur Na Illah Sallih Udin, Ministry of Foreign Affairs (nurnaillah@kln.gov.my / 03-8887 4606).

Registration for the much-anticipated National Economic Forum (NEF) 2024 is now open! Set to be a landmark event, NEF 2024 will unite industry leaders, policymakers and economic experts in a comprehensive discussion on important topics shaping Malaysia's economic landscape.

FedEx Express (FedEx) released findings from its latest research report conducted in partnership with Forbes Insights, which aimed to identify key international growth trends for small and medium sized enterprises (SMEs) in the Asia Pacific region over the next three years. The survey identified growth opportunities for small businesses as well as challenges to international cross-border commerce.

Malaysia has emerged as the next potential hub and stands out as a frontrunner ahead of other Southeast Asian countries such as Thailand and Indonesia with affordable resources (human resource and land), a well-developed telecommunication infrastructure, reliable power supply and government support.

In this article, Skrine explores the general investment restrictions and requirements in relation to the establishment and operation of data centres in Malaysia, and the key incentives being offered by the Government in welcoming investors.

The concept of financial inclusion, which strives to facilitate convenient access to financial services, serves as the foundation for the idea of digital banking. In Malaysia, many individuals from the bottom 40 percent of the income group still fall under financial exclusion. According to industry estimates, only 39% of Malaysians can take out bank loans, while the underbanked adult population of Malaysia has reached 55%. Additionally, the digital financial literacy of the lower-income group is still far behind the national average.