Issue #270 - 20 September 2021 Dear Subscriber, |
|
This e-newsletter is sponsored by: |
|
Your Partner for Aerospace Investment in ASEAN’s Ideal Business Landscape
The Ideal ASEAN Business Landscape for Aerospace Investment
The ASEAN region is a flourishing hub for aviation and aerospace activities. Nestled in Asia-Pacific, the ASEAN member countries are increasingly gaining popularity as aerospace investment hotspots. Among these member countries lies Malaysia, a melting pot of culture, sights – and business opportunities. Strategically located within 5 hours’ flight to all ASEAN countries, and 8 to 12 hours to major cities, Malaysia is an up-and-coming hub with an established aerospace ecosystem. This thriving landscape is home to a number of notable international brands, including AIRBUS Helicopters, ExecuJet MRO Services, GE Engine Services Malaysia and Spirit Aerosystems – supported by reputable local organisations such as Airod, Dviation and Sepang Aircraft Engineering (An Airbus Affiliate).
An Investment State of Mind
If Malaysia piques your investment interests, then Selangor is where you should be. Along the west coast of Peninsular Malaysia, encircling Kuala Lumpur, is the state of Selangor Darul Ehsan. Darul Ehsan, which means “Abode of Sincerity”, is the Arabic honorific bestowed upon this economic powerhouse.
Contributing to nearly a quarter of Malaysia’s total GDP, Selangor has attracted international investments, led by the likes of Japan, USA, Singapore and China. The diverse Selangor business landscape encompasses five core clusters: Electrical & Electronics (E&E), Life Sciences, Food & Beverage Manufacturing, Transport Equipment, and Machinery & Equipment.
Over 62% of Malaysia’s aerospace activity is concentrated in and around this state, where 1928.6 acres have been allocated for aerospace and industrial development (including airside/runway access). At present, Selangor stands to offer 717,160 employment opportunities, generated by over 20 aerospace-related institutions of higher learning. |
|
Selangor Darul Ehsan Aerospace Industry Coordination Office (S-DAICO) Briefing and Partnership Session and Press Conference. |
|
A Beacon for Investors from Around the Globe
Invest Selangor Berhad (ISB) is a One-Stop Agency for investors across the world who wish to invest in Selangor. Over the past 20 years, ISB has attracted over 5,300 manufacturing projects in Selangor, and has facilitated the creation of more than 400,000 jobs. To date, in excess of USD 52 billion worth of investments have been garnered by the initiatives of ISB.
Selangor Darul Ehsan Aerospace Industry Coordination Office (S-DAICO), a division under ISB, bridges the gap between the Federal Government, the Selangor State Government and its agencies as well as investors to facilitate seamless investment across all sub-clusters in the Aerospace Industry. This includes the E&E, Manufacturing, Research & Development, Technology, and Innovation, with a focus on the involvement of small and medium enterprises in the global supply chain.
S-DAICO is responsible for the coordination, execution, management, and monitoring of the development, growth and promotion of the Selangor Aerospace Industry. The organisation strives to ensure that all stakeholders may flourish in the collective growth and success of the industry. If you are looking to prosper in the Selangor Aerospace Industry, S-DAICO is the ultimate organisation to navigate your business and investment enterprises. |
|
Participation of BMCC in the National Budget Consultation with the Minister of Finance The Ministry of Finance (MoF) conducted a focus group discussion with the foreign business chambers and associations in Malaysia, including the BMCC, as part of their engagement in preparation for the 2022 National Budget. The discussion was chaired by the Minister of Finance, YB Senator Tengku Datuk Seri Utama Zafrul bin Tengku Abdul Aziz, and the BMCC was given the opportunity to present a list of recommendations to the Minister, focusing on the Education sector, SMEs and on the sustainability agenda, aligned to the three pillars of Recovery, Resilience and Reforms. We thank the Minister and his team for the opportunity to share views of members of the Chamber. |
|
|
Replay of BMCC Webinar| BMCC CEO Insights Series: Leading through Change with Nick Chambers
Catch Nic Chambers, Country Head, Michael Page, a Sterling member of the BMCC, on replay here as he shares perceptive CEO insights on leadership through change in an evolving work landscape.
If you are interested in equipping yourself with tools and strategies to lead your employees successfully through the rapid changes in the world of work brought on by the remote work and hybrid work models, this webinar is for you! |
|
|
Chevening | Applications for Fully Funded Chevening Scholarships are Now Open! Study in the UK, home to some of the most diverse and prestigious universities in the world. After your year of study, you'll become a member of a global network of over 50,000 alumni, and return home equipped with an education of the highest standard that could open doors to endless new possibilities.
|
|
|
BMCC in Conversation with Dato' Dr Anas Alam Faizli, Chief Executive Officer, ProtectHealth Corporation
Join us for an exclusive virtual conversation with Dato' Dr Anas Alam Faizli, Chief Executive Officer of ProtectHealth Corporation (PHC), where he will be discussing: - PHC's role in the rollout of the National COVID-19 Immunisation Programme (PICK).
- Updates on the PICK towards reaching its targets in line with the National Recovery Plan (NRP).
- Sharing of leadership and project management experience in managing such momentous responsibility in the PICK.
Date: Thursday, 30 September 2021 Time: 4.00pm - 5.00pm (MYT)
The webinar will include a Q&A session. Participants are encouraged to forward questions to events@bmcc.org.my, prior to the webinar.
|
|
|
British Chambers of Commerce Event | Leading the Way to Net Zero
Leading the way to net zero, a panel event delivered in partnership with O2, will enable participants to: - Gain a deeper understanding of net zero and the impact it will have on their business
- Understand the steps they should take to realise their Net Zero ambitions and the role that technology and connectivity can play
- Hear from others about their experience and learnings so far
- Take away details of the tools available to them to help them on their net zero journey.
This event will provide SMEs with an understanding of the net zero economy and the steps they can take now to ensure we meet our ambitious targets.
Date: Thursday, 30 September 2021 Time: 2.00pm - 3.00pm (UK Time) / 9.00pm - 10.00pm (MYT)
|
|
|
BritCham Singapore Webinar | Battery Storage for Asia
Energy storage is a dynamic developing sector critical to achieving net zero. It covers the spectrum of EV batteries, grid level and behind the meter batteries, pumped storage and the burgeoning green hydrogen industry.
Join us on 23 September as we focus on: - the growing opportunities to invest in, develop and finance the future of battery storage in the region,
- the human imperative to accelerate the roll out of battery technologies and a commercial rationale for doing so.
Our panel of experts will walk you through recent developments globally and in the region.
Date: Thursday, 23 September 2021 Time: 4.00pm - 5.00pm (SGT/MYT)
|
|
|
Sterling Member Spotlight | Meet Dato’ Azmir Merican, Group Managing Director, Sime Darby Property Berhad
Dato’ Azmir Merican is the Group Managing Director of Sime Darby Property Berhad, the first property developer in Malaysia to win the International FIABCI Prix d’Excellence Awards and a recognised leader in sustainability through their signature biodiversity conservation initiatives and energy-efficient home features. In this interview, he shares how remaining vigilant in the current market environment and implementing proven strategies have provided his organisation a solid footing to seize opportunities when the market recovers.
Dato' Azmir sees Malaysia as a progressive country with plenty of growth opportunities for businesses and values the BMCC for providing Malaysian-based businesses with opportunities for networking, knowledge exchange and bilateral trading support services.
Read his full interview here. |
|
|
1) New Relaxation of SOPs and Privileges under the National Recovery Plan (NRP)
The Prime Minister recently announced new relaxation of the SOPs under the NRP for the economic, education, social and recreation sectors for Phase 1, 2 and 3 states. Among the highlights is the reopening of more economic sectors in Phase 1 and 2 states, including the reopening of private offices up to 100% capacity depending on the vaccination rates of employees. Face-to-face meetings are also allowed for individuals who are fully vaccinated in Phase 2, 3 and 4 states.
Media release (Unofficial English version*) here.
2) UK Government Relaxes International Travel Rules for Fully Vaccinated Individuals
The UK Government announced that they will be issuing an updated set of rules for fully vaccinated international travellers into England starting from 4 October 2021, where the rules for international travel to England will change from the red, amber, green traffic light system to a single red list of countries and simplified travel measures for arrivals from the rest of the world. The rules for travel from countries and territories not on the red list will depend on your vaccination status.
Individuals with a full course of the Oxford/AstraZeneca, Pfizer BioNTech, Moderna or Janssen vaccines from 17 countries including Malaysia will benefit from these rule changes. Individuals must:
- book and pay for a day 2 COVID-19 test – to be taken after arrival in England.
- complete your passenger locator form – any time in the 48 hours before you arrive in England.
- take a COVID-19 test on or before Day 2 after you arrive in England.
Individuals do not need to: - take a pre-departure test
- take a Day 8 COVID-19 test
- quarantine at home or in the place you are staying for 10 days after you arrive in England
3) Confidence of Investors in Malaysia Reflected in Approved Investments Figures
The Senior Minister for the Ministry of International Trade and Industry (MITI), YB Dato’ Seri Mohamed Azmin Ali, in his media release on 13 September 2021, highlighted the impressive performance for the first half of 2021 with foreign direct investments (FDI) soaring by 223.1 percent compared to 1H 2020, signalling the confidence of foreign investors in the country’s stable and conducive economic climate and business ecosystem. This augurs well for Malaysia’s path to vibrant and sustainable economic recovery.
Media release (ENG) here.
4) Malaysian Immigration Department (JIM) Requested to Review MyTravelPass Application Categories The Senior Minister for the Ministry of Defence (MoD), in a media statement released on 16 September 2021, highlighted the National Security Council (NSC) has asked JIM to review the categories of applications that can be given permission directly without having to apply for approval through MyTravelPass, following feedback and views received from the public. A new proposal for the revision will be presented to the NSC Technical Committee in the near future.
Media statement (BM) here.
Media statement (Unofficial English version*) here.
* Unofficial English translation by the BMCC in collaboration with AmCham. |
|
International SOS | Duty of Care Awards & Summit 2021
On 21 and 22 September 2021, the International SOS Foundation will be hosting our fifth Duty of Care Summit & Awards. Held in a virtual capacity, the Summit aims to gather global leaders and key decision makers responsible for protecting the health, safety, security and wellbeing of their employees to discuss trends, challenges and share best practices.
The Summit is CPD-accredited, and delegates will be able to register the hours towards their professional development.
With experts from The World Economic Forum, The CocaColaCompany, Capgemini, ISO, Alcon,Chubb, Linklaters, ASIS, we are pleased to share a first look at this year’s Duty of Care Summit agenda.
Dates: Tuesday, 21 September 2021 and Wednesday, 22 September 2021
|
|
|
Invest KL Event | AGOS 2021 GBS Summit
AGOS GBS Summit 2021 will look to put technology and transformation topics at its forefront to tackle the challenges, deep-dive into emerging trends, driving and re-imagining the future of its workforce. The enhanced journey of automation, data analytics and visualisation are the catalyst to a resilient and agile GBS & Shared Services community.
Dates: Tuesday, 21 September to Thursday, 23 September 2021
|
|
|
KPJ Healthcare | Post COVID-19 Screening Package by KPJ Group of Specialist Hospitals If you are a survivor and are worried about the symptoms after recovering from COVID-19, contact our specialist and we will help you get back on your feet.
Enjoy a 10% discount when you book for 50 pax or more.
|
|
|
Holiday Villa Welcomes You Back to Langkawi and Cherating!
Holiday Villa Beach Resort is looking forward to Welcoming You Back to Langkawi and Cherating! For a limited time only, we are offering you unbeatable savings with Advance Purchase, Stay Later room package! Valid for stay reservation till 1 August 2022!
Whether it’s a long-awaited family holiday or couple retreat or a missed vacation...you can now take this opportunity to purchase multiple beach holidays! Surprise a family member or your dearest friend with a Beach Holiday Gift too! Buy Now, Stay Later...valid for reservation till 1 August 2022!
For more details, contact:
|
|
|
KLCC is Malaysia's First International Certified Save Venue
Congratulations to BMCC member, the Kuala Lumpur Convention Centre (KLCC), for being Malaysia’s first venue to be granted the Safe Business Events (SafeBE) certification, a hygiene and safety label, by Bureau Veritas. The SafeBE certification programme, initiated and supported by the Business Events Council Malaysia (BECM), gained collaboration from Malaysian Association of Convention & Exhibition Organisers & Suppliers (MACEOS) and the Malaysia Convention & Exhibition Bureau (MyCEB) to drive the venue certification process to create an end-to-end safe and secure event journey for event organisers and participants alike. It recognises a venue’s implementation of the Government endorsed Business Events Standard Operating Procedures (BE SOPs) and the team’s operational excellence in event management, food and hospitality service standards in the new norm. KLCC's fully vaccinated team is looking forward to welcoming you, your team and event delegates to the Centre in the near future. |
|
|
DDCAP Group™ Wins 2021 GIFA Market Leadership Award (Facilitation & Support) and Best Islamic Finance Technology Product 2021 for ETHOS AFP™
Congratulations to BMCC member DDCAP Group™ for clinching both the 2021 GIFA Market Leadership Award (Facilitation & Support) and the Best Islamic Finance Technology Product 2021 for ETHOS AFP™ Award for the third consecutive year at the prestigious Global Islamic Finance Awards 2021, held on Tuesday, 14 September 2021!
Replay of the awards ceremony here; DDCAP Group ™ awards announcement starts at 48:44 mark. |
|
|
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 |
|
|
