BMCC Newsletter Issue #361 - 10 July 2023 Dear Subscriber, |
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Insights Unveiled: Highlights from the Fireside Chat with YB Fahmi Fadzil, Minister of Communications and Digital of Malaysia |
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We are delighted to share the highlights from our recent fireside chat featuring YB Fahmi Fadzil, Minister of Communications and Digital Malaysia. The insightful discussion led by BMCC Chair, Mark Arthun centred around the nation's digital advancements and the ministry's recent trade mission to the UK.
During the conversation, YB Fahmi shared about the RM8.3 billion worth of investment commitments secured during his successful investment mission to London Tech Week 2023. These investments are expected to generate a minimum of 1,800 high-value jobs, further boosting Malaysia's digital economy.
YB Fahmi emphasised the importance of attracting and nurturing talent and expertise in data and technology as Malaysia gears up for its golden digital decade. He highlighted the country's progress as a "data processing centre," with several data companies establishing their presence in key cities such as Kuala Lumpur, Johor Bahru, and Penang. To reinforce Malaysia's position as a regional digital hub, the government aims to enhance digital literacy among Malaysians. By equipping citizens with digital skills, the nation can effectively combat cybercrime, including scams and data breaches. |
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In terms of infrastructure, YB Fahmi expressed confidence that 5G coverage will reach 80% of populated areas by the end of this year. This milestone will significantly contribute to Malaysia's digital transformation and connectivity goals. |
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Looking ahead, Malaysia aspires to achieve a digital investment target of RM130 billion by 2025, which will contribute 25.5% to the country's gross domestic product. This ambitious target reflects the nation's commitment to becoming a leading player in the digital landscape.
We are inspired by YB Fahmi Fadzil's vision for Malaysia's digital future and the ministry's efforts to position the country as an Asian digital tiger. Let us join hands in supporting and driving Malaysia's digitalisation journey.
Stay tuned for more exciting updates and initiatives as we progress towards a thriving digital ecosystem! |
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| Member's Engagement | Halal Development Corporation Berhad (HDC) |
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We recently caught up with our new member, Halal Development Corporation Berhad! Thank you, Faridah Mohd Ali, Senior Manager; Mior Azman Noor, Manager; and Ashmeen Muzafar, Junior Executive from the HDC team, for taking the time to share your organisation's plans and priorities with the BMCC Team.
We appreciate the hospitality and the opportunity to provide our views on how we can support HDC further. |
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| Congratulations to the Winners of HDC's World Halal Excellence Awards 2022 |
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Congratulations to all the winners of the World Halal Excellence Awards (WHEA) 2022 organised by the Halal Development Corporation Berhad.
BMCC had the privilege of attending the WHEA 2022, an annual awards programme that honours individuals and organisations that demonstrate exemplary leadership through real-world achievements in raising awareness, improving business innovation, product innovation, technological achievement, human capital management, and making measurable impacts toward the growth of the Halal industry.
Representing the BMCC at the event were Roufizah Razali, Membership & Strategic Partnerships Senior Manager and Shaayla Jayabhalan, Business Development Manager (Membership). |
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| BMCC Education Committee | Looking for Companies to Host Short-Term Work Experince for Students 16-18 Years Old |
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The BMCC Education Committee (3-18 Years) consists of several established private international schools and is actively sharing ideas and initiatives to enhance the student learning experiences available to their students. These schools are looking out for companies to host their 16 to 18-year-old students for short-term work experience, ranging from a few days to a few weeks, depending on the company’s ability to host.
They hope that this short-term work experience will expose the students to different career paths and work cultures as part of their learning before entering their tertiary education.
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| Bank Negara Malaysia | Overnight Policy Rate (OPR) Maintained at 3.00% |
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The Monetary Policy Committee (MPC) of Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at 3.00%.
At the current OPR level, the monetary policy stance is slightly accommodative and remains supportive of the economy.
The MPC continues to see limited risks of future financial imbalances and remains vigilant to ongoing developments, and will continue to monitor incoming data to inform the assessment of the outlook of domestic inflation and growth.
The MPC will ensure that the monetary policy stance remains conducive to sustainable economic growth amid price stability.
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| Congratulations EY Malaysia on the MoU with PETRONAS to develop neurodiversity ecosystem in Malaysia |
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Ernst & Young Consulting Sdn Bhd (EY) and PETRONAS recently signed a Memorandum of Understanding (MoU) to jointly collaborate in developing Malaysia’s neurodiversity ecosystem.
The MoU outlines areas for collaboration between PETRONAS and EY in creating awareness on neurodiversity in Malaysia, promoting and facilitating organisational readiness in creating neurodiversity job opportunities, as well as providing upskilling and community support to selected organisations and academic institutions.
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| Turner & Townsend | International Construction Market Survey 2023 |
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Turner & Townsend's international construction market survey was recently launched in 42 countries across the globe!
The 2023 report reveals immensely challenging construction market conditions driven by a turbulent global economy. While heat is coming out of some markets, opportunities are emerging for others.
Click here to access the report to see the full dataset and read their analysis of the changing global economic and construction landscape. |
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| The RuMa Hotel and Residences | Eat & Cook at ATAS |
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Embark on a culinary journey that will transport you to the heart of Malaysia at ATAS. This symphonic harmony will be orchestrated by 4 renowned chefs, Chef Mandy Goh the Executive Chef and Chef Marcus Ooi, the Chef de Cuisine of The RuMa Hotel and Residences puts their heads together with Chefs Lee and Yong of renowned Malaysian omakase restaurant Eat and Cook, for a collaborative 8 hands dinner that celebrates the rich and varied tastes of Malay cuisine. This unique partnership comprises six meticulously crafted courses that showcase the exquisite flavours, spices and textures that define our culinary heritage.
Dine with us at 7.00 pm on 21 & 22 July 2023 for an evening where innovation meets tradition, and unforgettable memories are forged.
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| Learning Curve Group | Transforming Lives Through Learning Globally |
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The Learning Curve Group is one of the largest and most recognised training providers in the UK and they are now operating in KL/Malaysia with clients across Asia Pacific and the Middle East!
The group are looking to connect with stakeholders in the Education, Skills Development, Learning & Development, and EdTech sectors. Their proposition is essentially split into: - EdTech
- Resources and content development.
- Flexible and 100% online (L2 & L3) qualifications and CPD courses
- All qualifications are awarded and accredited by the UK awarding bodies
- Safeguarding App to support staff and students in identifying and supporting safeguarding and wellbeing issues.
Click here to learn more about their service offerings and potential for collaboration/partnerships. |
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| Congratulations VERITAS Design Group | Gold Winner of 2023 Star ESG Positive Impact Awards |
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Congratulations to our member, VERITAS Design Group for bagging the Gold Award for the Social Category in Talent Management for SMEs and Mid-Tier Companies at the 2023 Star ESG Positive Impact Awards!
The award is truly a testament to their organisation's talent management team's hard work and dedication to creating a workplace where employees can thrive and achieve their full potential.
Check out their amazing work here! |
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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 2023 |
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