BMCC Newsletter Issue #328 - 14 November 2022
Dear Subscriber, |
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Elevating Trade and Investment Cooperation between Malaysia and UK
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The second Joint Committee on Trade and Investment Cooperation between the Department of International Trade (DIT) and Malaysia's Ministry of International Trade and Industry (MITI) was held in London on 3 November. The Committee is a proactive measure to ensure the longevity of trade and investment cooperation between UK and Malaysia.
Natalie Black CBE, His Majesty's Trade Commissioner for the Asia Pacific, and Mr Hairil Yahri Yaacob, Deputy Secretary General (International Trade) for the Ministry of International Trade and Industry (MITI) Malaysia, co-chaired the monumental meeting.
The meeting also formally expressed the intention to elevate the Joint Committee into a Ministerial-led Joint Economic Trade Committee (JETCO). Malaysia is currently UK's 41st largest trading partner in the four quarters to the end of Q2 2022, accounting for 0.4% of total UK trade. Hence, the new JETCO is a significant initiative for Malaysia and the UK as it will support and strengthen trade, investment, and economic cooperation. The meeting, anticipated to take place in the autumn of next year, will also cover trade barriers that influence business between the two countries.
During the meeting, the UK also commended Malaysia on its recent ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTPP's ratification will boost trade between the UK and Malaysia and open up new commercial and investment opportunities.
The BMCC highly commend the initiative by the Department for International Trade (DIT) and the Ministry of International Trade and Industry (MITI) and looks forward to greater economic partnerships between Malaysia and the UK.
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| BMCC Annual Christmas Luncheon |
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Christmas is around the corner, let’s get together for some holiday cheer!
BMCC is delighted to bring Christmas joy to you with our Annual Christmas Luncheon. The Christmas Luncheon will also feature carolers, a Christmas market and Lucky Draws!
Spread the Christmas spirit with your colleagues and clients, and book a table or seats now.
Date: Friday, 9 December 2022 Time: 12:00 noon to 2.30 pm Venue: Bayu Ballroom, JW Marriott Hotel Kuala Lumpur
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| BMCC Christmas Networking Johor |
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Join us for an evening of Christmas cheer and networking in Johor.
Date: 7 December 2022 Time: 7.00 pm to 9.30 pm Venue: Holiday Villa Hotel Johor Bahru City Centre
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| BMCC Christmas Networking Penang |
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BMCC invites our members and friends to join us for some Christmas cheer in Penang!
Come dress up to the theme of Green, Red, and White for our inaugural Christmas Networking event in the Pearl of the Orient.
- Date: 15 December 2022
- Time: 7.00 pm to 9.30 pm
- Venue: Eastern & Oriental Hotel Penang
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| BMCC - Santander Webinar | The Digital Transformation Journey in Malaysia |
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The Malaysian e-commerce market has tremendous potential and is expanding steadily. 90% of Malaysian consumers stated they had purchased something online in the last six months, contributing to its rise.
Join our webinar organised in collaboration with Santander UK to learn more about this industry, the e-commerce boom in Malaysia as well as prospects in the eco-systems.
The speakers include:
- Sukh Nat, UK Head of Wholesale and Retail, Santander UK.
- Phoebe Nonis, Senior Manager Trade Services, British Malaysian Chamber of Commerce.
- Stan Singh, Secretary General, Malaysian Retail Chain Association.
- Kannan Rajaratnam, Regional Director – Payment and Customer Operations, Zalora Group.
- Date: 6 December 2022
- Time: 9:00 am to 10:00 am (GMT)
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GO ESG ASEAN 2022 Summit is back!
Organised by the UN Global Compact Network Malaysia and Brunei (UNGCMYB), the theme chosen for this year’s event is "Data Driven Sustainability - Accelerating ESG Impact for ASEAN". As a proud supporting partner, BMCC is pleased to invite you to attend the annual flagship event for ASEAN corporate leaders.
- Date: 24 November 2022
- Time: 9.00 am to 7.00 pm (GMT+8)
- Venue: EQ Kuala Lumpur / Virtual
This year's Summit will feature keynote speakers such as Huawei's Chief Global Impact Officer, together with over 30 notable leaders and sustainability experts from the UN, Bloomberg, Bursa Malaysia Berhad, and others, with the goal of emphasising the critical role of ESG data in accelerating ASEAN's sustainability agenda.
For more information and to register, click here. |
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| Big Men in Town - A Tribute to the Four Seasons |
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The much awaited BIG MEN IN TOWN - A Jersey Boys Tribute supported by the BMCC and the Malaysia British Society (MBS) is finally here!
Exquisite vocals and tight harmonies bring to life the rise and fall of Frankie Valli & the Four Seasons. We present a show that tells the chronological story behind the Jersey Boys' sound. Filled with singalong hits, Big Men in Town is a world-class experience and has audiences dancing in the aisles.
The boys faithfully recreate the sound that has been the soundtrack to our lives for over half a century. Big Men in Town is an exhilarating revue of the best of Frankie Valli and the Four Seasons, presented as a live all-singing, all-dancing fully-staged show that has impressed audiences throughout the UK and afar.
- Date: 22 November 2022
- Venue: ZEPP Kuala Lumpur
Book now to ensure you “Walk Like A Man" and have "Oh what a night".
Special discount to all BMCC members. Use the code: BMCC15. 15% off for all categories at RM255, 277, 299. Starting from 1st Nov to 22nd Nov.
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| MIDA Estimates Approved Investments in 2022 to Exceeds RM200 billion to Match Pre-Pandemic Level |
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The total amount of approved investments for this year is expected to return to the pre-pandemic level of over RM200 billion, according to the Malaysian Investment Development Authority (MIDA). Chief Executive Officer of MIDA, Datuk Arham Abdul Rahman said domestic direct investment and foreign direct investment made up 60:40 of the country's yearly approved investments, on average, mostly in the services sector. He said investments in semiconductors and electrical and electronics (E&E) would continue to make up the largest contribution to the total investment this year. He also added that currently, the demand for chips and semiconductors in the automotive industry is on an uptrend.
In the first half of 2022, MIDA approved RM123.3 billion in total investment, largely in the services sectors, including for the data centre projects in Johor. |
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| Malaysia Airlines launches a range of partnerships during WTM |
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Malaysia Airlines has recently signed a number of strategic Memorandums of Understanding (MoUs) with tourism partners such as Tourism Malaysia and state tourism authorities such as Penang, Sabah, and Sarawak Tourism. The MoUs were signed at the World Travel Market (WTM) in London.
Captain Izham Ismail, Group Chief Executive Officer of MAS, stated that the partnership is part of their objective to exhibit the best of Malaysian hospitality, both in the air and on the ground. Along with the signing of the MoUs, a travel trade incentive for their customers was also introduced. |
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| Sunway Medical Centre | Raising Awareness on Men’s Breast Cancer. |
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Breast cancer is a silent killer, especially among men. The widespread belief that breast cancer only affects women has made the subject taboo among men.
In reality, men are also at risk of having breast cancer, and it could be more dangerous for them. Cancer is often detected late because people are unaware of the signs and causes.
Read more about breast cancer in men in this article featuring Sunway Medical Centre's Consultant Clinical Oncologist, Dr Nik Muhd Aslan Abdullah. |
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| Ipsos Malaysia | APAC Webinar: Oncology Essentials |
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Join Ipsos’ upcoming webinar touching on the complex, fast-moving world of oncology.
The introduction session, presented by Ipsos' Oncology Centre of Expertise, will inform and equip pharmaceutical professionals who are new to oncology marketing, marketing research, or intending to enter this therapy area.
- Date: 17 November 2022
- Time: 11.00 am (MY)
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| Free Lung Cancer Screening |
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In conjunction with November being Lung Cancer month, The Lung Cancer Network Malaysia (LCNM) is offering a BMCC Corporate Member - a free mobile/portable Ai- CXR lung cancer screening to 100 pax. The screening can be arranged at your corporate office for employees or fellow tenants in your building.
Target Screening Group
- Age 40 and above
- Male/female
- Smokers or non smokers.
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| | Read More |
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Malaysia's IPI grows 10.8% in September -The Star |
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Dewan Rakyat Speaker Art Harun to lead Malaysian Delegation to Asean summits -Malay Mail |
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WHO says COVID-19 mortality dropped 90 pct since February -BERNAMA |
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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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