BMCC Newsletter Issue #341 - 20 February 2023 Dear Subscriber, |
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We are back with our 4th BMCC Business Excellence Awards, so get your nominations in now! |
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The BMCC Business Excellence Awards is an annual event to celebrate the long-standing business relations between the UK and Malaysia by recognising and honouring the very best of UK and Malaysian companies across a range of achievement categories. This year's awards are special, as it coincides with the BMCC's 60th Anniversary celebration. We are delighted to welcome GSK as our main and Platinum sponsor.
The 60th Anniversary & Awards Gala Dinner will be held at The St. Regis Hotel Kuala Lumpur, on 8 June 2023. Save the date now and come celebrate with us!
Reminiscing back on the last year’s awards, we witnessed a magnificent night with our guests and Guests of Honour, Richard Graham, the UK Prime Minister’s Trade Envoy to Malaysia and the then Minister of Science, Technology and Innovation Malaysia (MosTI), YB Dato’ Sri Dr Adham Baba. Over 430 guests from all strides, including government officials, industry leaders, and business professionals, attended the Gala Night to celebrate the success of UK-Malaysia businesses and partnerships.
Last year’s winners were:
- UK-Malaysia Business of the Year: Owen Mumford Malaysia.
- UK-Malaysia Partnership of the Year: AstraZeneca Malaysia.
- UK-Malaysia Education Institutional Partnership: Lancaster University.
- Diversity and Inclusion Award: Standard Chartered Bank Malaysia.
- Technology and Innovation Award: Arup Malaysia.
- Outstanding ESG Award: Sime Darby Property.
The time has come for you to nominate your organisation if you believe your organisation have excelled in your respective areas and has contributed immensely to the UK-Malaysia business landscape. We have actively promoted business and international trade between Malaysian and UK businesses throughout the years. We have witnessed and heard innumerable examples of success, and we are honoured to be a part of this significant partnership between the two nations. To mark this momentous anniversary, we are calling for nominations to share and highlight all the success stories in an effort to inspire others to join us on this incredible journey. See below for the list of awards and start nominating now! Nominations will close on 23 April 2023, 11.59 pm (MYT).
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This award recognises a UK company investing in Malaysia or a Malaysian company investing in the UK, having displayed a stellar track record of investment in the opposite country over the last 2 – 5 years by building on its successful local business; bringing mutual economic benefit to both nations. Nominations open to BMCC members only. |
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This award goes to any organisation that has successfully partnered with a UK or Malaysian counterpart over the last 2 - 5 years.
At least one partner company must be a BMCC member. |
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This award goes to a partnership between a UK higher or further education institution and a Malaysian organisation(s) to deliver significant impact in the last five (5 years). |
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This award seeks to recognise the achievements of an organisation that have demonstrated outstanding achievements in adopting ESG practices and ultimately contributing significantly towards the environment and communities, as well as advocating for these initiatives within their industry, supply chains and clients. |
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This award is given to an organisation that has successfully pursued new solutions through the application of digital, innovative and disruptive technologies to operate with greater efficiency and ultimately contributing to Malaysia’s productivity enhancement and paving the way towards technological advancement, especially in the last three years. |
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This award recognises and celebrates organisations across all industries that have demonstrated outstanding commitment to fostering the spirit of diversity and inclusion within the workplace through effective strategies and initiatives. Nominations open to BMCC members only. |
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Gala Dinner, 8 June 2023. To join us in this momentous occasion, book your tickets now.
Corporate Table prices ranging from MYR12,000 to MYR 10,000 for 10 pax. Individual ticket prices ranging from MYR550 to MYR1,000 per pax.
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| Be a part of this prestigious event as a partner! |
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We also are inviting our members and partners to become our Awards sponsors. As our Awards Sponsor, your organisation will be given exclusive branding recognition through a variety of platforms and other added privileges. |
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For any inquiries, please email the respective contacts below:
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Participate in this conversation with Thomas Mathew, the Group CEO of TalentCorp. The discussion will centre on the significance of TalentCorp in fostering Malaysian talent, as well as its aim to improve talent development and availability in Malaysia.
Industry leaders have a fantastic opportunity to learn more about the fundamental causes of the shrinking workforce and explore potential collaboration with TalentCorp’s upcoming initiatives. It is crucial for the success of Malaysian industries to have key industry leaders participate in the conversation and uncover what's the best solution and approaches to overcome the seeming lack of workforce in the nation. This will enable the industries to find a way to overcome the apparent labour shortage in the country.
Event Details: Date: 22 February 2023 Time: 2.30 pm – 4.30 pm Venue: Co-Labs Coworking Naza Tower, Level 25, Platinum Park, Naza Tower.
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Businesses must be aware of a nation's competitive environment as it can assist them to spot possible threats and commercial possibilities. It is essential for foreign companies, such as UK businesses, that are interested in penetrating the Malaysian market to be well informed on the local competitive landscape and to be prepared to compete in a healthy manner.
The existing legislation, obstacles, and strategies for fostering market neutrality will all be covered in this webinar, which will be based on a variety of key industries.
Opening remarks by: - David Wallace, Deputy High Commissioner, British High Commission KL.
Tune in to listen to our esteemed speakers:
- Dr Juita Mohamad, Director of the Economics and Business Unit and the Director of Research at IDEAS.
- Nadarashnaraj Sargunaraj, Partner at Zaid Ibrahim & Co.
The date is approaching fast so register to ensure you don’t miss this informative webinar! |
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Join us for this webinar to discuss the future of the Malaysian economy after Budget 2023. Our esteemed speakers will discuss their thoughts and analyses of the Budget 2023 while discussing on the theme of "Strengthening Recovery & Facilitating Reforms towards Sustainable Socio-Economic Resilience."
The government is anticipated to present the 2023 Budget this Friday, 24 February, and it is vital for us to have a thorough grasp of its contents to enable an effective action plan and reap its benefits to the fullest extent.
Speakers:
- Amarjeet Singh, EY Asean Tax Leader, Partner, Ernst & Young Tax Consultants Sdn Bhd.
- Anthony Lo, Head of Territory for Malaysia and Chief Executive Officer, BNP Paribas Malaysia Berhad.
- Kiranjit Singh, ASEAN Regional Head, Ipsos Strategy3
Save the date and register now!
Webinar Details: Date: 2 March 2023, Thursday Time: 2.00 pm – 4.00 pm (MYT) Platform: Zoom
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As part of our network under the British in Southeast Asia (BISEA), we are delighted to partner with our counterparts in Indonesia and Vietnam for two trade events. Take advantage of this opportunity to build your business and relationships in ASEAN's thriving market.
BMCC members will also have the opportunity to join in the conference organised by the British Chambers of Commerce in London.
See below for full details. |
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| BritCham Indonesia | Trade Clinic. |
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If you want to get into the Indonesian market but aren't sure how, don't worry! Along with BritCham Indonesia, we are pleased to present this Trade Clinic:
Doing Business in Indonesia from your Malaysian Hub.
Details: Date: 9 March 2023 Time: 10.00 am to 4.00 pm (30 mins slot)
The CEO of BritCham Indonesia, Chris Wren, will visit KL in March to assist you in your plans to expand in Indonesia. With 26 years of experience in Indonesia, Chris can provide insights into market access challenges and assist you in identifying local reps and agents. |
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| BritCham Vietnam | Vietnam Trade Event. |
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The BMCC proudly partnered with BritCham Vietnam for this Vietnam Trade Event!
Vietnam has a strong and stable market as it was one of the few countries to keep its economy growing during the pandemic. On 16-17 March 2023, you can take advantage of a wide range of opportunities and gain vital insights into the present state of the Vietnamese market.
This 2 days and 1 night event will provide you with: - At least 3, 1:1 meetings with Vietnamese companies (based on information provided).
- Lunch with Regional Chamber CEOs, DIT Vietnam and business leaders.
- Evening networking reception.
- 2 nights’ accommodation (based on 1 person per company).
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| British Chambers of Commerce | Global Annual Conference 2023. |
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We are delighted to share this event by the British Chambers of Commerce:
Global Annual Conference 2023!
Date: 17 May 2023, Wednesday. Venue: QEII Centre, London.
Business leaders from the UK and worldwide will gather for this full-day conference to share insights and collaborate on capitalising on local growth possibilities. Four important breakout sessions with peers from the Chamber Network will be the focal point of the conference.
The four sessions are: Skills, Green Innovation, Growth/Local thriving communities, Trade.
The Networking Zone will have exhibition stands displaying the best of British businesses and works from global Chamber Networks, where delegates will have the chance to network with one another.
Ticket prices:
- Chamber Member: £125.00 plus VAT
- Non-members: £250.00 plus VAT
*Tickets will go on sale on 27 February 2023, Monday via the BCC website.* |
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| Members Engagement | Kaplan Financial Limited. |
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We are thrilled to be visited by one of our members, Kaplan Financial Limited and representing them was the Business Relationship Manager, Zaiti Waddel. It was a great opportunity for us to catch up with them and discuss the future collaborations that could be done between the BMCC and Kaplan.
Zaiti was welcomed at the BMCC Executive Office by our CEO, Jennifer Lopez and Darshini Letchimenan, Executive Trade Services. We thank Zaiti for taking the time to visit and talk with us and we are excited to continue this partnership with Kaplan Financial Limited. |
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| Meet Our New Sterling Member, UWE International Education Services Sdn Bhd. |
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UWEIES is wholly owned by the University of the West of England, Bristol and is an educational services company. Apart from supporting recruitment to the university in the UK, the company also delivers courses across the Asia Pacific including supporting 7000 students on UWE degree programmes. The company also provides corporate training opportunities, educational activities for young people and outsourced provisions for other educational organisations. The company has 80 employees located in 14 countries throughout the region. |
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| Meet Our New Member, Hilton Kuala Lumpur. |
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Hilton is a leading global hospitality company, with a portfolio of 14 world-class brands comprising more than 5,000 properties with more than 825,000 rooms in 103 countries and territories. Hilton is dedicated to fulfilling its mission to be the world’s most hospitable company by delivering exceptional experiences – every hotel, every guest, every time. The company's portfolio in Malaysia includes Hilton Hotels & Resorts, DoubleTree by Hilton, Hilton Garden Inn, and will continue to grow additional brands in the future years. |
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| Meet Our New Member, RSM Tax Consultants (Malaysia) Sdn Bhd. |
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Founded in 1978, RSM in Malaysia is now one of the leading and fastest-growing providers of audit, assurance, accounting and tax services to companies in Malaysia. Our affiliates also provide a diverse range of business solutions and consulting services, including corporate finance and transaction support, cross-border tax, risk assurance service, business restructuring, outsourcing and general management consultancy. |
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With core interests in real estate, construction, education, healthcare, retail, and hospitality as well as a distinctive build-own-operate business model, Sunway Berhad is one of Southeast Asia's largest corporations. Their goal is to create a culture of empowerment, sustainability, and innovative thinking in order to attract and retain a bright and forward-thinking workforce for the digital age.
As part of its efforts to transform digitally, Sunway has introduced the Sunway Super App, a groundbreaking lifestyle app that links its sizable customer base to the company's vast ecosystem, which includes its various businesses as well as more than 1,500 business partners and retail merchants nationwide. The Sunway Super App, which offers its users goods and services from all of Sunway's business divisions, including Sunway Theme Parks, Sunway Malls, Sunway Property, Sunway Hotels & Resorts, and Sunway Healthcare, is the first of its type in Malaysia.
We applaud Sunway Group's initiative in releasing this app and wish them continuous success in becoming one of Malaysia’s thriving conglomerates. |
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| Malaysia’s 8th WTO Trade Policy Review in Geneva. |
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Malaysia recently held its Trade Policy Review in Geneva as part of its involvement in the World Trade Organization (WTO). The Secretary-General of the Ministry of International Trade and Investments, Datuk Seri Isham Ishak, and several delegates from key government agencies represented Malaysia.
Malaysia is succeeding at upholding an atmosphere of free and open trade and increasing its compliance with WTO regulations. During the Review, Datuk Seri Isham stated that Malaysia is dedicated to maintaining a multilateral trading system based on rules and putting economic reforms and best practices in trade, investment, and environmental sustainability into place.
At the Policy Review, Ambassador Simon Manley of the United Kingdom presented a statement to the WTO in Geneva. He emphasised a few achievements in the UK-Malaysia relationship and expressed interest in working with Malaysia on issues of interest for both countries.
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| Malaysia is Set to Become a Major Logistics Hub in ASEAN. |
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The Malaysian Investment Development Authority (MIDA) is looking to promote the growth of the logistics industry in Malaysia by assisting local players to move up their value chain to increase their global competitiveness. A government initiative to promote logistics industry growth is the international integrated logistics services (IILS) status. It is granted to companies capable of providing integrated and seamless logistics services door-to-door along the value chain as a single entity on a regional or global scale. MIDA’s Services Development Executive Director Zuaida Abdullah said initiatives such as the integrated logistics services (ILS) incentive and IILS status are seen as stepping stones for local companies to provide comprehensive services to further expand their market, serving both domestic and global markets.
Being the world’s 24th largest trading nation in 2021, logistics plays an integral role to enable Malaysia’s supply chain growth, and with the rise of e-commerce, companies are capitalising on this emerging trend. The National Transport Policy (2019–2030) has been developed by the Transport Ministry to promote logistical connections to meet the demands of the e-commerce boom, support ongoing port improvement and extension plans, boost productivity and competitiveness.
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| Constitutional amendment to grant citizenship to children born overseas to Malaysian mums. |
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The government agreed to grant citizenship automatically to children born abroad to Malaysian mothers married to non-citizen spouses.
The decision was made at the Cabinet meeting last Friday after agreeing with the proposed amendment to the Federal Constitution against Part I Section 1(1)(d) and Section 1(1)(e) and Part II, section 1(b) and Section 1( c) Second Schedule.
The decision was announced by Home Minister Datuk Seri Saifuddin Nasution Ismail, and Law and Institutional Reform Minister Datuk Seri Azalina Othman in a joint statement. The minister mentioned that the decision was made in line with the Unity Government's commitment to recognize the equality of women and men and eliminate discrimination against women in this country. The Constitution (Amendment) Bill 2023 is expected to be presented in the Parliament session after meeting the requirements of the law.
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| Heriot-Watt University Malaysia| Signed MoU with the Nicol David Organisation (NDO). |
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Our Sterling member, Heriot-Watt University Malaysia and Nicol David Organisation signed an MoU recently at their Putrajaya campus.
With the launching of NDO's flagship programme, 'Little Legends' in March this year, they will be able to work together to help children from B40 and M40 households aged 8 to 12 years old. The Little Legends programme is an after-school initiative in Kuala Lumpur that offers squash lessons, English tutoring, a life skills workshop, and a nutrition plan for children from middle- and low-income families.
The BMCC praises Heriot-Watt for taking this step to provide the kids with a platform to succeed and develop and wishes them much success as they carry out this programme.
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| Inspiring Learning | Camp Beaumont. |
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Our member Inspiring Learning Camp Beaumont is expanding their award-winning school holiday camp provider to Malaysia, this year.
For a holiday that the kids will remember for years to come, get set for some awesome memory-making at Camp Beaumont. Suitable for kids aged 3 to 11 years old, our holiday programmes are packed with fun multi-activities to inspire and challenge your youngsters.
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| Management & Science University (MSU)| Courses Recognised by Ministry of Higher Education, Research and Innovation of Oman. |
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Management & Science University (MSU) courses are now officially recognised by Oman's Ministry of Higher Education, Research, and Innovation. Having a presence that is acknowledged on a worldwide scale brings up opportunities for unending development and expansion, and will be highly beneficial for MSU.
BMCC applauds MSU for the recognition and believes it will be a tremendous incentive for them to continue providing students with a high-quality education.
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Malaysia to rebound strongly with progressive economic factor. -The Star |
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Govt to focus on alleviating global economic slowdown’s impact on Malaysia. -The Edge Markets |
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Malaysia’s labour productivity up as economy continues to expand. -The Sun Daily |
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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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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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