Issue #237 - 1 Feb 2021 Dear Subscriber, |
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Webinar Flashback: BMCC in Conversation with His Excellency Charles Hay MVO, British High Commissioner to Malaysia
On 25 January, the BMCC hosted a special webinar with His Excellency Charles Hay MVO, British High Commissioner to Malaysia. Key topics of conversation included updates on the EU Exit, bilateral trade relations with Malaysia and the UK government’s priorities for 2021. His Excellency cited the UK’s presidency of the G7 Summit and COP26 climate change conference as key highlights of the UK government’s priorities for 2021. The UK’s G7 presidency this year is all the more significant as it will be the first opportunity for leaders of the world’s most advanced economies to talk face-to-face about building back from the coronavirus pandemic, and uniting to make a fairer, greener and more prosperous future. Leveraging the summit to intensify cooperation among the world’s democratic and technologically advanced nations, the UK Prime Minister has invited leaders from Australia, India and South Korea as guest countries ─ together these 10 countries represent over 60 percent of people living in democracies around the world. The UK is also looking to other G7 members to agree to further global action on climate change ahead of the COP26 in November. His Excellency said the UK is working closely with Malaysia on all these issues, including vaccines and healthcare, sharing expertise on climate transition, plastics and sustainability. On COP26 and climate change, the UK has announced a green industrial revolution and this is a clear signal of where the UK economy will be heading; the UK has also committed to a 68 percent carbon emission cut by 2030 and aims to do more this year to encourage Malaysia to commit to a net zero target. While the pandemic has impacted UK and Malaysia's prosperity, His Excellency is heartened to note continued collaboration on economic development and the promotion of more and better trade and investment across different sectors such as education, health, future smart cities, low carbon energy, Islamic finance and fintech, digital and other economic regulatory policy, and thanked the BMCC for its support and work in this area. With regard to the EU Exit, as of 1 January 2021, EU trade agreements no longer apply. However, this has a relatively small impact on Malaysia because there has never been a trade agreement between the EU and Malaysia, so bilateral trade will continue on the same basis as before. Nevertheless, Malaysian businesses that export to the UK may be affected by the introduction of the UK Global Tariff and are advised to visit the new “Trade with UK” online tool on the gov.uk website for information on taxes, tariffs, commodity codes, regulations and goods entering Northern Ireland. The UK is keen to look at ways to boost trade and investment with Malaysia including dealing with trade barriers between the UK and Malaysia. A joint committee was established with Malaysia on bilateral trade and investment cooperation late last year, and this year there will be six working groups examining how to grow trade in areas such as education, legal services, wines and spirits and halal products, and develop cooperation on areas such as conformity assessments and SME development. In addition, His Excellency mentioned the UK has put in a formal application for dialogue partnership with ASEAN, citing this as one of the big priorities for the UK government as part of its tilt to the Indo-Pacific in moving beyond the EU Exit towards a global Britain. His Excellency also said that one of the prominent opportunities arising for Malaysia from the EU Exit is the UK’s withdrawal from the Erasmus educational exchange programme. It is to be replaced by the Turing programme which enables UK students to study globally, and Malaysia, with its excellent education ties with the UK should be a natural home for Turing students. Abrar Anwar, CEO and Managing Director of Standard Chartered, Malaysia and BMCC Chairman provided the opening remarks and moderated the conversation, while Jennifer Lopez, BMCC Chief Executive Officer, was the emcee for the event. Watch the webinar recording here. |
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BMCC Welcomes New Sterling Member Sime Darby Property
The BMCC was delighted to welcome new Sterling member, Sime Darby Property, to the Chamber's services and initiatives via an onboarding e-meeting recently. The meeting enabled the BMCC team to understand Sime Darby Property's business focus and goals, and from this, explain how the Chamber can support them through our existing services. The discussion also touched on possible mutually beneficial collaborations between the BMCC and Sime Darby Property moving forward.
Sime Darby Property is Malaysia’s biggest property developer in terms of land bank. A builder and enabler of sustainable communities and townships, it is the first Malaysian property developer to be awarded the International FIABCI Prix d’Excellence Awards twice for its Subang Jaya and UEP Subang Jaya townships. With assets and operations across the Asia Pacific region, Sime Darby Property also has a global presence in the United Kingdom as the developer of the iconic Battersea Power Station project in central London. Visit the Sime Darby Property website here.
Representing Sime Darby Property: Dato Azmir Merican (Group Managing Director) and Mohammad Izzat bin Abdul Aziz Alhadjri (Head, Corporate Communications) Representing the BMCC: Abrar Anwar (Chairman), Jennifer Lopez (Chief Executive Officer) and Roufizah Razali (Senior Manager, Membership & Strategic Partnerships) |
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The BMCC Newsletter Wants to Feature Your Green Initiatives
In line with the BMCC’s decision to make sustainability and building a green economy in the digital era one of our focus themes for 2021, we are reaching out to our members for newsletter content related to your green business initiatives, particularly in the areas of climate change and sustainable finance.
Please drop an email to comms@bmcc.org.my if you have relevant story ideas, thought leadership articles or news stories to share with us on the BMCC newsletter.
We look forward to hearing from you! |
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Goal 13 Impact Platform Webinar | Accelerating Climate Action: Exclusive Invitation to the Malaysian Launch
The Goal 13 Impact Platform initiative in Malaysia focuses on sharing best-practice climate actions, to capture organisational corporate action against climate change.
This webinar is the launch of the initiative in collaboration with The British High Commission Kuala Lumpur, the British Malaysian Chamber of Commerce, Deloitte Malaysia, and Global Compact Malaysia.
We will discuss the initiative and showcase contributors and their progress, kicking off with a keynote by Ken O’Flaherty, the UK’s regional ambassador for COP 26. The event will also feature multiple panel discussions leading corporate executives from Tata Group, Addleshaw Goddard and Lendlease that are advocates for climate change with panelists.
Date: Wednesday, 3 February 2021 Time: 4.30pm - 5.45pm
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British Chambers of Commerce Webinar | The Future of the UK/EU Trade Relations: UK-EU Customs and Borders
Join the British Chambers of Commerce as we explore through our Year of Trade Programme how the border between the UK and the EU has been working to date. We will look at key issues for businesses to be aware of and how things will and should evolve and improve.
Chaired by James Martin, Director of Policy, British Chambers of Commerce our speakers include: - Liam Smyth, Director of Trade Facilitation, British Chambers of Commerce
- Daniel Dalton, CEO, British Chamber of Commerce in EU & Belgium
- Tom Smith, Director, Border and Protocol Delivery Group
Date: Tuesday, 2 February 2021 Time: 12.00pm - 1.00pm (UK Time) / 8.00pm - 9.00pm (MY Time)
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BritCham Vietnam Webinar | Chat with the Experts – Vietnam Supply Chain and Trade Matters
The British Chamber of Commerce Vietnam will be hosting a complimentary webinar on "Chat with the Experts – Vietnam Supply Chain and Trade Matters" to provide UK companies with insights and update on the Vietnamese market. Speakers of the webinar include: - Vietnam Supply Chain - Mr. Alex Falter (ECCO Vietnam)
- Import and Export matters - Mr. Bob Fletcher (Deloitte Vietnam)
- Logistics Angle – Leighton Gobbet (Edge Worldwide Logistics Thailand)
Date: Friday, 5 February 2021 Time: 4.00pm - 5.00pm (VN Time) / 5.00pm - 6.00pm (MY Time) / 9.00am - 10.00am (UK Time)
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MITI Releases Statement on Managing Impact of COVID-19 Pandemic
The Senior Minister & Minister of International Trade and Industry, YB Dato' Seri Mohamed Azmin Ali released a media statement on 25 January 2021 on the government's approach to managing the COVID-19 pandemic after a year of battling it. He said while the government's massive RM320 billion worth of stimulus packages helped the economy recover from a deep contraction by 17.1 percent in the second quarter of 2020 to a decline of 2.7 percent in the third quarter, it would take at least another quarter, if not more, before the economy could see actual positive growth, as the economy does not run on a "switch off-switch on" mode.
Media statement (ENG) here.
Related news article here. |
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MITI: Virtual Interview with Mark Arthun of Smith+Nephew
Every country, as an investment hub, has its own niche. For Malaysia, one of our niche areas is having a well-educated workforce and highly skilled talent. Head over to MITI's Facebook channel for a virtual interview with Mark Arthun, who is Managing Director and Site Leader of Smith+Nephew Operations Sdn Bhd, one of Malaysia's FDI success stories from the UK.
Watch the interview here.
Editor’s Note: The BMCC is proud to have Smith+Nephew as a Sterling Member of the Chamber. |
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Temporary Closure of the Cyberjaya Immigration Department (Unit Pass Pelajar) from 25 January 2021
In a bulletin dated 25 January 2021, Education Malaysia Global Services (EMGS) informed that the Cyberjaya Immigration Department (Unit Pass Pelajar) would be closed from 25 January 2021 until further notice as an employee within the Cyberjaya office premise had tested positive for COVID-19. Consequently, the processing of all eVAL, Travel Authorization and Student Pass Endorsement applications during this period at the Cyberjaya Immigration Department is temporarily suspended.
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First Virtual IGEM 2020 Generates RM3.4bil Investment Interest
On 26 January 2021, the Ministry of Environment and Water (KASA) announced impressive gains from the successful 11th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2020), the first virtual edition held in October 2020, solidifying IGEM’s role as South East Asia’s most powerful green technology, business and innovation platform.
Themed “Energising Sustainability”, IGEM 2020 delivered beyond two-fold of target business leads of RM1.6 billion; achieving a pipeline of RM3.4 billion investment interest. These leads have been computed from the RM3.08 billion potential investments from 64 projects recorded by the Malaysian Investment Development Authority (MIDA) and RM339 million in potential exports recorded by the Malaysia External Trade Development Corporation (MATRADE), during MATRADE’s International Sourcing Program (INSP).
Related news article here. |
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2020 Announcements of High Value Investments in Malaysia
MIDA has published a list of high value investments in Malaysia for 2020. There are a total of 11 projects featured.
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Ministry of Finance Launches New Website Portal
The Ministry Finance has announced the launch of its new website portal under a new domain name, www.mof.gov.my, effective Tuesday, 2 February 2021 at 8.00am.
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Sime Darby Property is Malaysia’s largest property developer in terms of land bank with over 48 years of successful track record of developing sustainable communities. It has to date built 24 active townships and developments with a global reach that encompasses assets and operations in the United Kingdom. In the UK, as part of a Malaysian consortium, Sime Darby Property is the developer of the iconic Battersea Power Station Project in central London.
Sime Darby Property is a multi-award-winning property group with numerous local and international accolades. It is the first Malaysian property developer to be awarded the International FIABCI Prix d’Excellence Awards twice for its Subang Jaya and UEP Subang Jaya townships. The company bagged its 10th consecutive Gold at the Putra Brand Awards 2019 and its 6th consecutive Top 10 Developers Awards at the BCI Asia 2015. Sime Darby Property has also been recognised as among the top developers in Malaysia in the annual The Edge Top Property Developers Awards, a recognition which the company consistently receives since 2009.
Principal Representative: Dato’ Azmir Merican Azmi Merican (Group Managing Director (GMD), Sime Darby Property Berhad) |
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International SOS Webinar | Vaccines and Digital Passes
The arrival of a vaccine is no longer a question of if, but when and how. As attention turns to vaccination, businesses are raising questions of its development progress, efficacy, and deployment plans. Another key subject is the use of digital passes as verification for COVID-19 vaccination, and how companies can begin incorporating it for their workforce as we look forward to returning to operations and travel. The cast light on these latest updates, join our upcoming webinar with our subject matter experts Dr Chan Yanjun, Medical Director for Malaysia and James Robertson, Security Director, Australasia from International SOS.
Date: Wednesday, 3 February 2021 Time: 2.00pm (MY/SG Time)
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Knight Frank Webinar | 2021 U.S. Prime Market Outlook ‘Expert Talks: A New York & LA Perspective'
In the face of uncertainty, New York & Los Angeles real estate continues to attract significant investment from buyers in Asia Pacific. Join Knight Frank for 2021 U.S Prime Market Outlook ‘Expert Talks: A New York & LA Perspective,’ as the experts will discuss market trends and opportunities for foreign investors in the U.S..
Date: Thursday, 4 February 2021 Time: 9.30am (MY/SG/HK Time)
Register to attend live or on-demand here. |
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DAC Beachcroft Webinar | Overseas Investment into the UK Real Estate Market Post Brexit
Join DAC Beachcroft (Lord Hunt, David Manifould and Glenn Ruddy) and highly regarded expert speakers from CBRE (Chris Pilgrim and Simon Brown) and Derwent London (Emily Prideaux) for a webinar that will look at market analysis, market trends and available opportunities for overseas investment into the UK real estate market post Brexit.
Date: Wednesday, 3 February 2021 Time: 4.30pm - 5.45pm (MY Time) / 8.30am - 9.45am (UK Time)
Further details and registration here. |
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Marlborough College Malaysia Online Admissions Afternoon
Register to the online event to hear presentations from The Master and the Heads of Prep and Senior School.
A Marlborough College Malaysia education offers
• Co-education from age 3 - 18 years • Boarding and day • UK National Curriculum, IGCSE and IB Diploma
Date: Thursday, 18 February 2021 Time: 2.00pm (MY Time)
For more information click here. |
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More Prosperity this Chinese New Year with Mercedes Benz at Cycle & Carriage!
More prosperity with 0% Sales Tax, exclusively at Cycle & Carriage. Enjoy savings up to RM60,000 and celebrate this auspicious occasion by driving home your desired Mercedes-Benz E-Class.
Contact us at 1800-22-800 today!
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IUMW Digital Open Day
Join us for our February Digital Open Day. Find out more about the International University of Malaya-Wales (IUMW), owned by the University of Malaya and the University of Wales. Meet our course consultants and academic team to discover what it's like studying at IUMW. Upcoming intakes are available for foundation, undergraduate and postgraduate programmes. See you there!
Dates: Friday, 5 February - Sunday, 7 February 2021 Time: 10.00am - 5.00pm
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The International School @ ParkCity Kuala Lumpur Online Open Day
We invite you to join our Online Open Day on Saturday, 20 February 2021 via video conference. The Online Open day will start at 11:00 am and will be led by Mr Jonathan Turner, Principal of ISP. He will be joined by the Head of Primary School, Miss Rebecca Findlay and Mr Simon Taylor, Head of Secondary School. |
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Alice Smith Scholarships Application Open Now! Each year, Alice Smith School students achieve outstanding results with many of them securing places at world class universities including Yale, Cambridge and LSE. With up to 50% scholarships available for academic and talented students starting (I)GCSE, there's never been a better time to study at Alice Smith. Applications for scholarships must be received before Sunday, 21 February 2021. |
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Spend Your Evenings with Nexus this February!
Register now to join the Nexus Virtual Open Day on Tuesday, 2 February 2021 (8pm) and Thursday, 4 February 2021 (4pm). Learn more about Nexus and its preschool, primary, secondary and pre-university (IB Diploma curriculum) from Nexus Senior Leadership Team. Also, see Nexus campus virtually through an interactive Virtual Tour presented by their IGCSE Top Scorer.
Enjoy a FREE Virtual Stockbroking Workshop for your children when you register for Nexus Open Day now! Fee Waivers are available for all applications.
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Embark on a Fast-track Foundation Programme in Science, Engineering or Business at Tenby Schools Setia Eco Park
Announcing the Fast-track Foundation Programme in Science, Engineering or Business—pave your way to a local or global NCUK affiliated university in just 9 months! - Students to start in a local university or any of the NCUK partner universities as early as January 2022
- Enrol in the programme with SPM & IGCSE predicted grades
- All courses take place at our 20-acre purpose-built Tenby Schools Setia Eco Park campus with strict SOPs in place
- Additional career and guidance support delivered by career and university advisors to ensure each student gets the best start in their professional career
- Affordable fees with an Easy Payment-0% Interest Instalment option for as low as RM1,700/month*
*Terms & conditions apply. #TenbySchools #FoundationProgramme #NCUK |
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The International School @ ParkCity Kuala Lumpur EYC Online Open Day
We invite you to join our Early Years Centre Online Open Day on Saturday, 6 February 2021 via video conference.
The Online Open day will start at 11:00 a.m. and will be led by Miss Tracy Lewis, Head of the Early Years Centre. She also will be joined by the Head of Primary School, Miss Rebecca Findlay.
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Southern Rock Seafood Fuel for Love ─ Say It with Seafood! Fuel your love for seafood and have fresh Irish Oysters delivered to your doorstep! During this MCO, Southern Rock Seafood is offering a 15% discount on all products. To claim the discount, key in the promotion code - stayhome15 when checking out on their webpage here.
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Port of Tanjung Pelepas Records 8% Growth after Registering 9.8 Million TEUs Throughput in 2020
Port of Tanjung Pelepas (PTP), Malaysia’s most advanced container terminal and a joint venture between Malaysian based MMC Group and Netherlands-based APM Terminals, registered a strong terminal growth after accomplishing record-breaking 9.8 million TEUS (Twenty Equivalent Units) total throughput in 2020 despite global economic uncertainties and health pandemic.
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Sunway Medical Centre Proudly Presents the First Telemedicine Command Centre in Malaysia
Speak to a nurse or doctor without leaving your home. Get your concerns and worries answered by professionals via our lockdown-adapted, 24/7 Medical Concierge Service specially built for the #NewNormal.
Call +603-7491 9191 anytime and ask for Telemedicine Command Centre (TCC).
Let our MO or nurse provide a solution tailor-made for you! Find out more information here. |
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Alice Smith Wins Prestigious Award at the International School Awards 2021
Alice Smith School is delighted to have won the Inclusion category at the International School Awards 2021 with their initiative, 'KLASS Student-Support Programme: empowering students to lead on in-class support'. The awards, hosted by ISC Research, recognise outstanding initiatives being delivered in international schools around the world, of which there are now 12,080 schools teaching over 6.7 million children aged from 3 to 18.
Read the full media release here.
Editor's Note: The BMCC warmly congratulates the Alice Smith School for this outstanding achievement! |
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GEMS International School at Tropicana Metropark Announces Record Breaking IGCSE Results for Year 11
We are delighted to celebrate IGCSE success with our students for the November 2020 examinations. The results reflect the hard work and determination of our Year 11 and 12 students, the support of parents and the tuition of our dedicated teachers, who have gone above and beyond to ensure that students achieve their very best, despite our current circumstance.
Some overall highlights from their wonderful achievements are: - 66% of the total grades achieved by the examination cohort were A*
- 88% of the total grades achieved by the examination cohort were A* or A
- 100% of students achieved A*-B grades
More information about GEMS International School here. |
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Absolute Financial Solutions ESG (Environmental, Social & Governance)
Absolute run several ESG investment strategies for their clients using online platforms to significantly reduce costs and increase flexibility, truly worldwide trading.
For those clients looking to truly diversify their existing investment portfolio, or build a strategy for their future now is the time to get the ball rolling.
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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 2021 |
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