Issue #239 - 15 Feb 2021 Dear Subscriber, |
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BMCC Webinar | Doing Business in ASEAN, Focus on Malaysia
ASEAN, with a vast single market comprising 600 million people and the world's third-largest labour force, presents opportunities in diverse sectors for small and large investors. As the bloc becomes more integrated, ASEAN is projected to become the fourth-largest economy by 2030, with the best growth potential for investors in the medium and long term.
As one of the top countries in ASEAN, Malaysia continues to be a popular destination for foreign companies looking to establish their regional operations.
Join us for this webinar as our speakers share insights and discuss:
- Malaysia's initiatives to revitalise the economy and plans to move up the value chain towards high-impact, high-value, high-tech investments.
- Updates on the current trade and investment opportunities in Southeast Asia, opportunities in Malaysia and its potential in the region.
- The role of SMEs in the global supply chain and in revitalising the economy.
Date: Monday, 22 February 2021 Time: 4.00pm - 5.30pm (MYT)
The webinar will include a Q&A session. Participants are encouraged to forward questions to events@bmcc.org.my, prior to the webinar.
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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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BritCham Indonesia Webinar | Masterclass with Britcham Women Board Members
[WOMEN ONLY]
Celebrating 10 years of BritCham Professional Women's Group!
For our first event of 2021, we invite you for an up-close and personal introduction to the women board members' of Britcham Indonesia. This will be an interactive session to learn more about who we are, the community we have created, the opportunities that are available to our members, the information and knowledge that we share, and the benefits and potential of attending our events.
Date: Tuesday, 16 February 2021 Time: 4.00pm (JKT Time) / 5.00pm (MY Time)
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BritCham Indonesia Webinar | The Future of Healthcare in Indonesia
With the impact of COVID-19, Indonesia faces a new development challenge: healthcare infrastructure. Even though the numbers of healthcare infrastructure in general started to rise, it seems there is no guarantee that these would last in the future. The challenges are not only about the quantity but also the quality of these infrastructure and their supporting elements.
The question is, how can we bring this future into the table for Indonesia? What can be done?
In this webinar, we will discuss the role of digital technology in shaping the future of healthcare infrastructure, plans and supports from the private sectors, and solutions to improve the healthcare infrastructure in Indonesia.
Date: Wednesday, 17 February 2021 Time: 4.00pm (JKT Time) / 5.00pm (MY Time)
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ASEAN IP Newsletter (February 2021 Edition)
The ASEAN IP Newsletter is a thrice yearly update on IP developments in South East Asia published by the Intellectual Property Office of the UK government. The next edition will be in June 2021. Among the headlines in this newsletter: - Malaysia – Trademarks (Waiver & Modification of Fee) Regulations 2020.
- Regional – Has COVID hit 'fast forward' in the world of online IP filing?
- IPO Highlights – Business engagement goes virtual; Introducing the trade mark pre-apply service; Value of IP crime; IP rights enforcement manual for Vietnam, Indonesia and Philippines.
Download newsletter here. |
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Malaysia Continues to be the Investment Destination for High-Value Manufacturing and Global Services in Asia
On 8 February 2021, the Malaysian Industrial Development Authority (MIDA) refuted a report by Singapore Straits Times of Feb 5 giving the impression that foreign investors are fleeing Malaysia when in reality “lower net foreign direct investment (FDI) inflow is not an unfavourable signal given Malaysia continues to attract high levels of gross FDI”.
“The piece falsely indicates that the United Nations Commission on Trade and Development (UNCTAD) report confirmed what has been spoken of anecdotally,” MIDA said in a media statement.
MIDA stated that it has identified 240 high-profile foreign investment projects including Fortune 500 companies in the manufacturing and services sectors, with a combined potential investment value of RM81.9 billion.
According to the media statement, MIDA has also received RM47.7 billion worth of potential investments into the country. These projects, once approved, are expected to be implemented within the year 2021 to 2022.
Related news article here. |
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Malaysia Offers COVID-19 Vaccinations to Foreign Residents, Undocumented Migrants
Malaysia will extend its free COVID-19 vaccination programme to all foreigners residing in the country, including students, refugees and undocumented migrants, the government said on Thursday.
In a statement on 11 February 2021, the Covid-19 Vaccine Supply Access Guarantee Committee said that the decision to include foreign nationals in the National Covid-19 Immunisation Programme — which will begin at the end of this month — is in line with its campaign theme of "Protect Oneself, Protect All".
It said that while Malaysians were the government’s priority it was necessary to ensure non-citizens were also vaccinated in order to achieve sufficient coverage to curb the spread of the virus.
The committee, however, said priority will be given to Malaysians, with the vaccination schedule for foreigners to be announced at a later date.
Media statement (ENG) here.
Related news article here. |
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Malaysia’s GDP Contracts 3.4% in 4Q 2020 and 5.6% for the Year
Bank Negara Malaysia (BNM) and the Department of National Statistics (DOSM) announced on 11 February 2021 that Malaysia’s Gross Domestic Product (GDP) contracted by 3.4% year-on-year for the fourth quarter of 2020 (4Q 2020), compared to a decrease of 2.6% during the third quarter (3Q). The decline was attributed to the re-implementation of the Conditional Movement Control Order (CMCO) in October 2020 to curb the spread of the COVID-19 pandemic, involving almost all states, except Sarawak.
Overall, GDP for 2020 contracted by 5.6%, faring better than projections by international organisations such as the International Monetary Fund (-5.8%), the World Bank (-5.8%) and the Asian Development Bank (-6.0%).
Malaysia's financial position and prospects remain strong despite the challenging global credit rating assessment cycle throughout 2020. International credit rating agency Moody's has maintained Malaysia's A3 rating with a stable outlook in January this year.
Media statement (ENG) here.
Related news article here. |
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BDEC Resources Malaysia Programme | Customer Centered Innovation: Working Like An Entrepreneur
Corporate entrepreneurship is a risky proposition. New ventures set up by existing companies face innumerable barriers, and research shows that most of them fail. When executed improperly, intrapreneurship can be a disaster for both the company and the intrapreneurs involved.
In this programme we aim to create awareness on how to accelerate innovation and transform the organization establishing innovation mindset and capability across the business. It is based on best-in-class tools and methods from the start-up and corporate innovation world.
For more information, contact Datin Faridah Iriani Tahir (019-2248263), Ms. Selina Yeop Jr (019-3513508) or email faridah@bdec.com.my.
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ICAEW / Kaplan Data Analytics Certificate Programme
As technology advances, having the skills to be able to use big data to test hypotheses, make predictions and identify anomalies to drive efficiency and business performance, is increasingly in demand.
ICAEW and Kaplan have designed a programme to address the needs for finance and non-finance professionals to play a pivotal role in harnessing and making sense of data to support their decision making. Who the event is for:
• Finance and Management professionals working in decision support, audit and assurance role • Non-finance professionals looking to up-skill • HR leaders Date: Wednesday, 24 February 2021 Time: 5.00pm - 6.30pm (MYT)
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Shangri-La Hotels February Specials
This February, Shangri-La Hotels will be offering an exclusive 10% discount to BMCC members on selected items from their Chinese New Year collection. Promotion is valid until Saturday, 27 February 2021.
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Who Are You, and What Will You Do to Breakthrough?
In conjunction with World Cancer month this February, let’s start at “Prevention”, where early detection can save lives. At Sunway Medical Centre, we provide a holistic approach to cancer from diagnosis to full recovery while ensuring quality of life. |
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Charterhouse Malaysia Arrives in 2021
Charterhouse, one of the original seven British Public schools, with over 400 years of academic excellence, is coming to Malaysia in 2021! Charterhouse Malaysia is an English-medium Sixth Form International School with a modern international outlook. We prepare our students for A-level exams in a varied and dynamic learning environment.
Our shared DNA with Charterhouse UK means the values and traditions of our parent school are engrained in the culture of our school, but our outlook is modern. Everything about the school, from the curriculum design to the layout of learning spaces, is derived from our education ethos, Study, Create, and Inspire.
- Our new intake is on Monday, 23 August 2021
- 100% Scholarships for A-Levels
- Join our Online Open Event
If you have any enquiries, drop them here or Whatsapp us for assistance. |
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Marlborough College Malaysia Online Admissions Afternoon Outstanding academic results, top 2% of schools globally who offer IB, international award-winning pastoral care set within a 90-acre purpose-built site. The opportunities for your child to flourish both in the classroom and beyond abound. The Master invites you to enjoy live presentations and discussions of how a Marlborough College Malaysia education would bring out the best in your child.
- UK National Curriculum, IGCSE & IB Diploma
- Co-Education ages 3-18 years
- Boarding and day school
- Full co-curricular programme within the school day
- Lifelong membership of the Old Marlburian worldwide network.
Date: Thursday, 18 February 2021 Time: 2.00pm (MY Time)
For more information click here. |
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The Alice Smith School Open Morning for 3 to 4 Year Olds
The Alice Smith School Foundation Stage aims to create a treasure-house of wonder and joy for curious young minds. Our dedicated Foundation play areas and garden provide a stimulating and interesting environment where your child will feel safe, cared for and valued. Join our virtual Open Morning to find out more.
Date: Wednesday, 17 February 2021 Time: 9.00am - 10.00am
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Absolute Financial Solutions How Do I Invest in ESG?
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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MIDA Newsletter (January 2021 Edition)
Among the highlights of this issue are:
- 2020 Announcements of High Value Investments in Malaysia
- Perlindungan Ekonomi dan Rakyat Malaysia (PERMAI)
- Building Tomorrow's Talents for Industries of the Future
- Telemedicine and Digital Health: A New Normal for Healthcare Providers
- Fascinating Malaysia - A Strategic Choice for Haskell to Invest
Download newsletter here. |
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Sri KDU International School's Outstanding November 2020 IGCSE Results
Year after year, Sri KDU International School is incredibly proud of the students’ accomplishments and the IGCSE November 2020 results are no exception. Our students took examinations in Malay, Mandarin and Mathematics and the results were as follows: Mandarin (MFL): 100% A*, Malay: 98% A*/A, Mathematics: 87% A*/A.
We would like to congratulate all of the students for achieving such amazing results in such challenging circumstances. Check out the list of the Top Achievers here. |
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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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