BMCC Newsletter Issue #306 - 13 June 2022
Dear Subscriber, |
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BMCC Welcomes the Department for International Trade Northern Powerhouse (DIT NPH) Trade Delegation to Malaysia |
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BMCC was delighted to welcome the Department for International Trade (DIT) Northern Powerhouse UK Trade Mission to Malaysia. In collaboration with the UK DIT, the trade mission took place from June 7 to 10, 2022, with delegations from 10 UK companies from Northern Powerhouse that offers expertise in innovative solutions, digital transformation, education, property development, exhibition organisation, engineering instrumentation and logistics.
The trade mission aimed to facilitate meetings for the delegation to discuss current and future business potential, and to network with Malaysian captains of industries for business projects.
The BMCC Trade Team organised one-to-one consultations virtually with each mission delegate to understand better their needs in the market. For the B2B matching, the team carried out intensive studies through desk research (phone calls and internet), local media, and the knowledge and expertise of the team as well as the Chamber’s professional network and membership. |
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The trade mission kicked off with a briefing at the BMCC office and the delegates were welcomed by BMCC CEO, Jennifer Lopez. Later in the evening, the delegates together with the BMCC members and key stakeholders attended a networking reception held at the British High Commissioner's Residence. Throughout the trade mission, the delegates participated in business matching meetings (B2B) to interact with members of key business organisations in Malaysia.
The Northern Powerhouse is one of the fastest-growing areas in Europe for tech innovation, with outstanding capabilities in high-performance computing, artificial intelligence, immersive technologies, fintech, edtech, and e-commerce. The region is a global hub of commerce, science, technology, entrepreneurship, and innovation. With 5 of the UK’s 10 largest cities, here you will find innovators, entrepreneurs, collaborators, start-ups, multinationals, established industry ecosystems, and emerging clusters.
The region has strengths in clean energy, advanced manufacturing, life sciences, financial and professional services, e-commerce, creative, tech, and digital. Its universities undertake some of the most exciting research in the world. However, it is not only commercial success that attracts people to the Northern Powerhouse, the renowned beauty of its national parks and some of the world’s most famous sporting teams bring recognition, admiration and visitors from all over the world.
For more information on the trade mission and BMCC trade services please get in touch with Phoebe Nonis, Senior Manager Trade Services at phoebe@bmcc.org.my |
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Stay up-to-date with the Chamber’s latest news and activities through this newsletter or follow us on our social media platforms. |
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| Inspiring Women Entrepreneurs Conference |
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Registration for the BMCC - Standard Chartered Bank Malaysia Inspiring Women Entrepreneurs Conference is closed due to overwhelming response.
However, everyone is welcome to attend the Sustainable Fashion Bazaar and Showcase on Tuesday, June 14, 2022. Check out the sustainable products on display such as bamboo fabrics, handmade bags, sustainable activewear, jewellery, clutches, a collection of silk kimonos, kaftans, tea sets, wooden plates and trays, and many more. |
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| Share Your Green Initiatives (Take 5: A Year In Review) |
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Launched in February 2021, this exclusive interview – Take 5 – offers an insider’s look into our respective members’ Green agenda and how their organisations are implementing various initiatives, activities and commitments that are both environment-friendly and sustainable. Featuring prominent members’ CEOs, the interview aims to highlight industry champions and key opinion leaders to further push the Green narrative as a sustainable aspect of any business operation.
A year down the road, we have had the privilege to interview and feature 10 members’ CEOs from prestigious organisations such as Standard Chartered, HSBC, PwC, and Smith + Nephew to name a few - these are well-known organisations that are leading the Green curve in terms of initiatives and implementation.
For example, Shell Malaysia has installed solar panels on rooftops of over 150 retail stations and is using wind and solar energy to power their offshore projects. The University of Nottingham emphasises student initiatives to reduce single-use plastics and encourage sustainable eating and reduce food waste. HSBC is at the forefront of sustainable finance with Green bonds and sustainability sukuks.
As we look to another year, we would like to call upon any interested members to participate in this interview and join us in our journey to ensuring a Green trail wherever we go. Interested members can enquire at comms@bmcc.org.my. |
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| Malaysia's National Budget 2023 - Strengthening Recovery & Facilitating Reform Survey |
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The Ministry of Finance Malaysia (MoF) is seeking feedback from stakeholders regarding issues across various sectors outlined by MoF as focus areas in their preparation of the National Budget for 2023, which is focused on Strengthening Recovery & Facilitating Reforms Towards Sustainable Socio-Economic Resilience.
As such, the BMCC would like to seek input from our members which will be put forth to MoF for their considerations, as well as for future engagement with the Government.
We appreciate your feedback and input which can be provided through the button below by Thursday, June 23, 2022.
If you have a sector specific feedback that is not listed below, please e-mail us at daniel@bmcc.org.my. |
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| 2023 Pre-Budget Statement by the Ministry of Finance Malaysia |
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The Ministry of Finance Malaysia has published the 2023 Pre-Budget Statement to share the direction and focus for next year's Budget. The themes for 2023 are Strengthening Recovery, Facilitating Reforms Towards Sustainable Socio-Economic Resilience of Keluarga Malaysia. The document also provides updates on key initiatives implemented under Budget 2022, and the stimulus and assistance packages. |
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| UK-Malaysia Climate Ties Strengthened with New Climate Partnership |
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On June 7, 2022, FCDO Minister for the Pacific and International Environment, Lord Zac Goldsmith signed a new Partnership with the Malaysian Environment and Water Minister, Dato Sri Tuan Ibrahim Tuan Man to strengthen co-operation on climate action.
The ‘UK-Malaysia memorandum of understanding 2022’ will see both countries work together to step up action on climate and biodiversity to reduce greenhouse gas emissions by sharing knowledge and technical expertise to build capacity and increase ambition.
The Partnership covers 5 main areas: - Collaboration on climate and biodiversity issues
- Knowledge sharing
- Promoting scientific and technical collaboration
- Supporting private sector involvement
- Promoting outreach activities
The Partnership will further deepen ties between the UK and Malaysia following the agreement of a new bilateral Strategic Partnership in November 2021. |
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| The Alice Smith School Association | 75th Anniversary Business Luncheon 2022 |
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We are delighted to support The Alice Smith School 75th Anniversary Business Luncheon 2022 - Thriving in the New Norm for a Sustainable Future.
In celebration of our 75th anniversary, being the oldest not-for-profit British international school in Malaysia, discover the secrets of how our alumni are pivoting in this new norm with sustainability in mind.
Together with the Chamber, let's hear from the following industry leaders in this thought provoking sharing session. A great networking opportunity not-to-be missed.
Tickets are priced at RM275 per person. The ticket includes a 3-course western lunch.
Date: Wednesday, June 29, 2022 Time: 10:00 am - 1:00 pm Venue: Grand Hyatt Kuala Lumpur
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| Epsom College Malaysia | The Mouratoglou Tennis Programme Summer Camp |
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Epsom International School announces The Mouratoglou Tennis Programme Summer Camp this July to August. Whether you are interested in perfecting your serve or making new friends, this is a summer camp designed for you - from the new beginner to the avid tennis player. |
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| Marlborough College Malaysia | Open Morning |
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Come to Marlborough College Malaysia’s Open Morning. For an international education that gives children a passport to a global future, come and see us. We are a fully co-educational, independent British boarding and day school for children aged 3 to 18 years old.
With outstanding academic results, the College is proud to be in the top 15 schools in Southeast Asia (Spear's Schools Index 2021). Coupled with international award-winning pastoral care and set within a 90-acre purpose-built site, Marlborough College Malaysia provides opportunities for your child to flourish. According to Singapore Tatler, it is "Asia's only authentic British Boarding School". - In the top 2% globally for IB
- UK National Curriculum, IGCSE & IB Diploma
- Full co-curricular programme within the school day
- Lifelong membership of the Old Marlburian worldwide network
Date: Saturday, June 18, 2022 Time: 8:30 am |
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| InvestKL Corporation | Performance Report 2021 |
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InvestKL celebrated its 10th anniversary on August 18, 2021. It was during this significant milestone that InvestKL achieved its KPI mandate of attracting and facilitating 100 multinational companies (MNCs) to set up their Regional Services Hubs in Greater KL.
The 100 MNCs have contributed to an investment amount of RM15.2 billion, as well as the creation of over 13,000 executive jobs.
Having achieved its initial goal of attracting 100 companies by 2020, InvestKL is on its way to attract a new wave of high-impact and technology-oriented investments in line with the sustainable and Green growth agenda. |
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| Nexus International School | Camp Beaumont |
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Nexus International School Malaysia is hosting the 2022 Camp Beaumont for 5 to 11 year old learners. Register now and be part of this exciting summer camp.
Throughout the week, the camp offers children the opportunity to learn new skills, discover new interests, have fun with new friends and most importantly grow in confidence.
Each camp programme is tailor-made by age group; there is something for everyone to enjoy.
Date: Monday to Friday, July 4 to 8, 2022 Venue: Nexus International School Malaysia |
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‘Advancing Malaysia’ -The Star |
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HSBC Amanah launches structured product in Malaysia to track exponential tech growth -New Straits Times
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Govt studying all tax systems, including GST, says Tengku Zafrul -Free Malaysia Today (FMT) |
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British Malaysian Chamber of Commerce Berhad 201801018075 (1280091-P) E04C0, 4th Floor East Block, Wisma Golden Eagle Realty, 142-B Jalan Ampang, 50450 Kuala Lumpur Copyright © BMCC 2022
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