BMCC Newsletter #179 (9 Dec 2019)
To Subscriber,
Issue #179 - 9 Dec 2019 |
|
Accelerating SMEs in Malaysia
The BMCC in collaboration with Standard Chartered Bank Malaysia successfully organised the SME Conference 2019, aptly themed "Supporting Businesses to Greater Success." Held at Grand Hyatt Hotel Kuala Lumpur, this was the BMCC's second large scale conference of the year, with over 150 attendees and 19 speakers coming together for a common goal of advancing the SME sector in Malaysia.
YB Datuk Seri Mohd Redzuan Md Yusof, Minister of Entrepreneur Development was the day's guest of honour, delivering the keynote address on "Inculcating The Culture of Entrepreneurship in Developing the Growth of SME Sector." In his speech, Mohd Redzuan touched on the National Economic Policy 2030 (DKN 2030), the Ministry's long-term strategy enabling Malaysia to become a leading Entrepreneurial Nation by enhancing the capacity and participation of young entrepreneurs in small and medium enterprises on both national and global scales. There are a total of 907,065 SMEs established in Malaysia, accounting for 66.2% of employment in 2018. Under DKN 2030, the Ministry aspires to strengthen the current GDP contribution of SMEs from 38.3% to 50% by 2030.
An area which the Minister foresees great opportunity for SMEs is in the halal gelatine industry. In 2013, the global gelatine market volume was estimated at approximately 374,000 tonnes, with an average annual growth of 3.8%. The demand for halal gelatine alone was estimated at 60,000 tonnes yearly. "As a Ministry, we have been mandated to take the lead in this project and provide the necessary facilitation and support for the private sector to establish halal gelatine hubs in the country," Mohd Redzuan said. "Work is currently in progress to establish the country's first halal gelatine incubator project, which has the capacity to produce 250-300 tonnes of gelatine per year," he added.
In acknowledging the rapidly changing business landscape and ecosystem, Mohd Redzuan expressed his support for advancement in technologies that enables positive disruption, especially in the area of financing accessibility. The Minister hailed the efforts of Standard Chartered Bank Malaysia in this regard for their efforts in enabling financing solutions to become more accessible for SMEs, and welcomed the cooperation of foreign partners from the UK to bring on board potential foreign SMEs and encourage knowledge and technology transfers. |
|
In her welcoming remarks, BMCC Executive Director Jennifer Lopez emphasised on the Chamber's efforts in supporting its SME members, and how the conference was one such means the BMCC aims to fulfil its aim. "Here at the BMCC, over 60% of our members are SMEs. In today’s conference, we will discuss the various digital tools at our disposal, and learn how to best incorporate these advances into our businesses by learning from the success stories of our SME champions. We trust this is in line with the government’s efforts to digitalise SMEs, to remain relevant in the global market, maximise efficiency and increase productivity," she said.
The Conference included a speech by Abrar A. Anwar, Managing Director & Chief Executive Officer of Standard Chartered Bank Malaysia and BMCC Deputy Chairman, where he stated; "Being a financial institution dedicated to promoting the growth and development of dynamic SMEs, we are pleased to see MYR300 million worth of allocations to support SMEs that have the potential to become regional players." A following plenary session by Perbadanan Nasional Berhad Chief Operating Officer, Azlina Juliani Abd Jalil focused on the subject of empowering women in SME.
The SME Conference 2019 was also the stage for an MOU signing between Standard Chartered Bank Malaysia Berhad and the Malaysia Global Innovation & Creativity Centre (MaGIC) that aims to amplify the capacities of local social entrepreneurs through a programme called SEtia (Social Entrepreneurs - Transformation, Innovation & Acceleration). Three panel sessions ensued with a stellar lineup of industry leaders and SME founders sharing their knowledge and success stories.
The BMCC wishes to thank all our panelists and moderators: (1) Datuk Azrin Mohd Noor - Founder & Managing Director, Sedania Innovator Bhd, (2) Shamsul Kamal b. Mohd Yusof - Chief Technology Officer, MyCar, (3) Jesrina Arshad - Co-Founder & CEO, PurelyB Sdn Bhd, (4) Nicholas Loh - Founder & Managing Director, TRL (South East Asia) Sdn Bhd, (5) Lai Pei-Si - Country Head of Retail Banking, Standard Chartered Bank Malaysia, (6) Datuk Mohd Zamree Mohd Ishak - President / Chief Executive Officer, Credit Guarantee Corporation Malaysia Berhad, (7) Dzuleira Abu Bakar - Chief Executive Officer, Malaysian Global Innovation & Creativity Centre (MaGIC), (8) Mohd Rithaudden Makip - Chief Ecosystem Development Officer, SME Corporation Malaysia (9) Tuan Hj. Ab Rahim Yusoff - Deputy Director General, Quality and Excellence Development Division, Malaysian Productivity Corporation (MPC), (10) Raj Tatavarthy - General Manager, Business Banking, Standard Chartered Bank Malaysia, (11) Christy Ng - Founder, Christy Ng, (12) Dato' Ir Dennis Ganendra - Chief Executive Office, Minconsult Sdn Bhd, (13) Edmund Tan - Founder, Inside Scoop (14) Captain Ahmad Kamal Kamarudin - Master Mariner & Marine Consultant, TS Maritime Sdn Bhd, (14) Wong Cheng-Fei - Chief Executive Officer, Lemon Sky Studios, (15) Sridharan Nair - Managing Partner, PwC Malaysia.
The BMCC also wishes to acknowledge the indispensable support of conference partner, Standard Chartered Bank Malaysia, as well as our booth exhibitors AirAsia, Big Dataworks, Cyberview, Futurise and MaGIC. |
|
Employability for Internship Students and Graduates BMCC Survey: The BMCC Higher Education Committee is conducting a survey with the aim of gathering information and identifying challenges faced by the employers on undertaking students for internships and in hiring graduates in Malaysia. Your feedback is important in providing a view from the employers’ perspective and will be beneficial for the Committee to drive advocacy role to the relevant Government ministries Click here to take survey |
|
|
Calling For Interest - BMCC Trade Mission to the UK |
|
We're calling on members to let us know if you would be interested for the BMCC to host a Trade Mission to the United Kingdom, and what your agenda preferences are. With sufficient interest, we will be able to organise one in 2020. |
|
|
Last week, BMCC visited long standing BMCC member HLAP Ltd, meeting with Chief Executive Officer, Lee Warner. HLAP is a major broking company with access to major global markets with an experienced team providing broking, risk management and consultancy services to individuals, enterprises and large multinational corporations. Read more about HLAP here. |
|
|
Whittard of Chelsea Malaysia Official Opening
The BMCC were delighted to be present at the official opening ceremony of Whittard of Chelsea Malaysia's very first outlet here. Located in the 1Utama Shopping Centre, the event was officiated by His Excellency Charles Hay MVO, the British High Commissioner to Malaysia. The opening ceremony started off with speeches by both His Excellency and Antoine Bakhache, Managing Director of Bakhache Foods and was immediately followed by the `Pouring of Tea’ ceremony carried out by the British High Commissioner together with Antoine and International Sales Manager of Whittard of Chelsea, Katherine Onn.
When Walter Whittard launched his first London shop in 1886, his philosophy was simple: buy the best. It’s a philosophy that’s stayed close to Whittard’s heart since then, driving their belief in quality, heritage and innovation. Today their world-class range of tea, coffee and cocoa satisfies every curiosity and taste – from classic English Breakfast tea to creative hot chocolate flavours and unique tea and coffee blends.Read more here |
|
The Ritz-Carlton, Kuala Lumpur presents and exclusive arrangement for all BMCC members:
A Festive Christmas with Chef Wai (24 Dec) Join Chef Wai for the most wonderful time of the year. Savour a delectable four-course Christmas Eve Dinner featuring festive seasonal creations crafted by Chef Wai at The Library, including a selection of Whole Roasted Turkey and Wagyu Striploin on a carving trolley, as well as Chicory Wood-Smoked Ocean Trout.
Journey into a New Decade with Chef Wai (31 Dec) An exclusive four-course gourmet dinner featuring contemporary menu creations by Chef Wai at The Library including Chutoro Tataki and Rosemary butter-braised Lamb Shank await you. Luxuriate in an intimate evening of fine dining and toast to an exceptional year ahead.
(Wine-pairing menus as well as Vegetarian menus are available)
Exclusively for BMCC Members - A complimentary bottle of champagne for every party of 4 persons booked.
For reservations - Whatsapp at +60 18-621 4252 or click here. Please quote for bookings: "BMCC X Chef Wai"
*All guests are invited to a New Year countdown at Firehouse bar at our sister property JW Marriott Hotel Kuala Lumpur |
|
|
AirAsia MyCorporate Programme
Experience AirAsia's exclusively designed programme that offers the best air travel experience at an affordable price! Whether you're a large corporation or a medium or small enterprise, this programme is perfect for those who crave the flexibility to have options that suit their corporate travel needs. Sign up now and kick-start a personalised discussion on how to maximise value, flexibility and savings for your company. |
|
|
29th Tunku Abdul Rahman Lecture® Series (18 Dec)
Join us at the Luncheon Talk by YABhg Tun Dr Zaim Zainuddin (Former Finance Minister & Advisor to the Malaysian Government) at the 29th Tunku Abdul Rahman Lecture® Series. Having earned the distinction of being a hard-driving technocrat and reputed as one of Malaysia’s ablest economic architects, Tun Dr. Daim will share his thoughts and wisdom on the topic: “The Future of Malaysia: Building a Sustainable Ecosystem for All”.
For more information on the event and to purchase a luncheon seat, kindly contact us at 03-7711 2888 or email membership@mim.org.my. |
|
|
Get the 2019 / 2020 Hays Asia Diversity & Inclusion Report Today
Whilst it may appear that working professionals in Asia are gaining more knowledge on the positive impact of Diversity & Inclusion (D&I) in the workplace, the slow implementation of D&I practices has resulted in only marginal progression in the region. Download our report to learn about this and more when it comes to the D&I landscape across Asia.
|
|
|
International University of Malaya-Wales: Invitation As Participant For IUMW Executive Programmes
IUMW is pleased to invite our members to their Executive Programmes to develop the capacity and skills of employees. Courses are as follow: - Project Management, 9-10 Dec
- Executive Financial Intelligence, 16-17 Dec
- Business Risk Management for Operational Managers, 18-19 Dec
|
|
|
Heriot-Watt University Open Day (14-15 Dec)
Come to our Open Day from 14 to 15 December 2019 at our Putrajaya lakeside campus. Take a tour of our stunning, purpose-built, lakeside campus, meet our lecturers and talk to our Education Consultants - and students - about why you should study at Heriot-Watt University Malaysia. We also have 50% scholarships open to any of our undergraduate programmes. Find out more by speaking with our Education Consultants at this event. Applicants enjoy a RM5,000 tuition fee waiver if they apply and pay their first semester fees during the Open Day. |
|
|
St. John's International School's Open Month (1-28 Dec)
You are invited to St. John's International School's Open Month from 1-28 Dec 2019 (Mon-Fri) and find out more what we have to offer (Preschool, Primary, Secondary & A-level) with school tour. RM1000 rebate will be given upon enrolment during the Open Month. Call us at 03-2022 4881 for more info |
|
|
AVIS: Christmas & New Year Promotion
Have a Merry Christmas and Happy New Year with AVIS Malaysia's year end promotion. Present the AWD Code TI82900 and save up to 20% on published car rental rates in Malaysia.
For booking period: 1-30 December 2019 Rental Period 1-31 2019 |
|
|
NCSM December Wellness Promotion The way to a healthier you begins with a visit to the NCSM clinic. Treat yourself to a wellness screening today and usher in the new year with renewed zest.
Call us at 03-2698 7351 to make an appointment.
|
|
|
British Malaysian Chamber of Commerce Berhad (1280091-P) E04C0, 4th Floor East Block, Wisma Golden Eagle Realty, 142-B Jalan Ampang, 50450 Kuala Lumpur Copyright © BMCC 2019 |
|
|
To Subscriber,
Issue #179 - 9 Dec 2019
Accelerating SMEs in Malaysia
The BMCC in collaboration with Standard Chartered Bank Malaysia successfully organised the SME Conference 2019, aptly themed "Supporting Businesses to Greater Success." Held at Grand Hyatt Hotel Kuala Lumpur, this was the BMCC's second large scale conference of the year, with over 150 attendees and 19 speakers coming together for a common goal of advancing the SME sector in Malaysia.
YB Datuk Seri Mohd Redzuan Md Yusof, Minister of Entrepreneur Development was the day's guest of honour, delivering the keynote address on "Inculcating The Culture of Entrepreneurship in Developing the Growth of SME Sector." In his speech, Mohd Redzuan touched on the National Economic Policy 2030 (DKN 2030), the Ministry's long-term strategy enabling Malaysia to become a leading Entrepreneurial Nation by enhancing the capacity and participation of young entrepreneurs in small and medium enterprises on both national and global scales. There are a total of 907,065 SMEs established in Malaysia, accounting for 66.2% of employment in 2018. Under DKN 2030, the Ministry aspires to strengthen the current GDP contribution of SMEs from 38.3% to 50% by 2030.
An area which the Minister foresees great opportunity for SMEs is in the halal gelatine industry. In 2013, the global gelatine market volume was estimated at approximately 374,000 tonnes, with an average annual growth of 3.8%. The demand for halal gelatine alone was estimated at 60,000 tonnes yearly. "As a Ministry, we have been mandated to take the lead in this project and provide the necessary facilitation and support for the private sector to establish halal gelatine hubs in the country," Mohd Redzuan said. "Work is currently in progress to establish the country's first halal gelatine incubator project, which has the capacity to produce 250-300 tonnes of gelatine per year," he added.
In acknowledging the rapidly changing business landscape and ecosystem, Mohd Redzuan expressed his support for advancement in technologies that enables positive disruption, especially in the area of financing accessibility. The Minister hailed the efforts of Standard Chartered Bank Malaysia in this regard for their efforts in enabling financing solutions to become more accessible for SMEs, and welcomed the cooperation of foreign partners from the UK to bring on board potential foreign SMEs and encourage knowledge and technology transfers.
In her welcoming remarks, BMCC Executive Director Jennifer Lopez emphasised on the Chamber's efforts in supporting its SME members, and how the conference was one such means the BMCC aims to fulfil its aim. "Here at the BMCC, over 60% of our members are SMEs. In today’s conference, we will discuss the various digital tools at our disposal, and learn how to best incorporate these advances into our businesses by learning from the success stories of our SME champions. We trust this is in line with the government’s efforts to digitalise SMEs, to remain relevant in the global market, maximise efficiency and increase productivity," she said.
The Conference included a speech by Abrar A. Anwar, Managing Director & amp; Chief Executive Officer of Standard Chartered Bank Malaysia and BMCC Deputy Chairman, where he stated; "Being a financial institution dedicated to promoting the growth and development of dynamic SMEs, we are pleased to see MYR300 million worth of allocations to support SMEs that have the potential to become regional players." A following plenary session by Perbadanan Nasional Berhad Chief Operating Officer, Azlina Juliani Abd Jalil focused on the subject of empowering women in SME.
The SME Conference 2019 was also the stage for an MOU signing between Standard Chartered Bank Malaysia Berhad and the Malaysia Global Innovation & amp; Creativity Centre (MaGIC) that aims to amplify the capacities of local social entrepreneurs through a programme called SEtia (Social Entrepreneurs - Transformation, Innovation & amp; Acceleration). Three panel sessions ensued with a stellar lineup of industry leaders and SME founders sharing their knowledge and success stories.
The BMCC wishes to thank all our panelists and moderators: (1) Datuk Azrin Mohd Noor - Founder & amp; Managing Director, Sedania Innovator Bhd, (2) Shamsul Kamal b. Mohd Yusof - Chief Technology Officer, MyCar, (3) Jesrina Arshad - Co-Founder & amp; CEO, PurelyB Sdn Bhd, (4) Nicholas Loh - Founder & amp; Managing Director, TRL (South East Asia) Sdn Bhd, (5) Lai Pei-Si - Country Head of Retail Banking, Standard Chartered Bank Malaysia, (6) Datuk Mohd Zamree Mohd Ishak - President / Chief Executive Officer, Credit Guarantee Corporation Malaysia Berhad, (7) Dzuleira Abu Bakar - Chief Executive Officer, Malaysian Global Innovation & amp; Creativity Centre (MaGIC), (8) Mohd Rithaudden Makip - Chief Ecosystem Development Officer, SME Corporation Malaysia (9) Tuan Hj. Ab Rahim Yusoff - Deputy Director General, Quality and Excellence Development Division, Malaysian Productivity Corporation (MPC), (10) Raj Tatavarthy - General Manager, Business Banking, Standard Chartered Bank Malaysia, (11) Christy Ng - Founder, Christy Ng, (12) Dato' Ir Dennis Ganendra - Chief Executive Office, Minconsult Sdn Bhd, (13) Edmund Tan - Founder, Inside Scoop (14) Captain Ahmad Kamal Kamarudin - Master Mariner & amp; Marine Consultant, TS Maritime Sdn Bhd, (14) Wong Cheng-Fei - Chief Executive Officer, Lemon Sky Studios, (15) Sridharan Nair - Managing Partner, PwC Malaysia.
The BMCC also wishes to acknowledge the indispensable support of conference partner, Standard Chartered Bank Malaysia, as well as our booth exhibitors AirAsia, Big Dataworks, Cyberview, Futurise and MaGIC.
Employability for Internship Students and Graduates
BMCC Survey:
The BMCC Higher Education Committee is conducting a survey with the aim of gathering information and identifying challenges faced by the employers on undertaking students for internships and in hiring graduates in Malaysia. Your feedback is important in providing a view from the employers’ perspective and will be beneficial for the Committee to drive advocacy role to the relevant Government ministries
Calling For Interest - BMCC Trade Mission to the UK
We're calling on members to let us know if you would be interested for the BMCC to host a Trade Mission to the United Kingdom, and what your agenda preferences are. With sufficient interest, we will be able to organise one in 2020.
Last week, BMCC visited long standing BMCC member HLAP Ltd, meeting with Chief Executive Officer, Lee Warner. HLAP is a major broking company with access to major global markets with an experienced team providing broking, risk management and consultancy services to individuals, enterprises and large multinational corporations.
Whittard of Chelsea Malaysia Official Opening
The BMCC were delighted to be present at the official opening ceremony of Whittard of Chelsea Malaysia's very first outlet here. Located in the 1Utama Shopping Centre, the event was officiated by His Excellency Charles Hay MVO, the British High Commissioner to Malaysia. The opening ceremony started off with speeches by both His Excellency and Antoine Bakhache, Managing Director of Bakhache Foods and was immediately followed by the `Pouring of Tea’ ceremony carried out by the British High Commissioner together with Antoine and International Sales Manager of Whittard of Chelsea, Katherine Onn.
When Walter Whittard launched his first London shop in 1886, his philosophy was simple: buy the best. It’s a philosophy that’s stayed close to Whittard’s heart since then, driving their belief in quality, heritage and innovation. Today their world-class range of tea, coffee and cocoa satisfies every curiosity and taste – from classic English Breakfast tea to creative hot chocolate flavours and unique tea and coffee blends.
The Ritz-Carlton, Kuala Lumpur presents and exclusive arrangement for all BMCC members:
A Festive Christmas with Chef Wai (24 Dec)
Join Chef Wai for the most wonderful time of the year. Savour a delectable four-course Christmas Eve Dinner featuring festive seasonal creations crafted by Chef Wai at The Library, including a selection of Whole Roasted Turkey and Wagyu Striploin on a carving trolley, as well as Chicory Wood-Smoked Ocean Trout.
Journey into a New Decade with Chef Wai (31 Dec)
An exclusive four-course gourmet dinner featuring contemporary menu creations by Chef Wai at The Library including Chutoro Tataki and Rosemary butter-braised Lamb Shank await you. Luxuriate in an intimate evening of fine dining and toast to an exceptional year ahead.
(Wine-pairing menus as well as Vegetarian menus are available)
Exclusively for BMCC Members - A complimentary bottle of champagne for every party of 4 persons booked.
For reservations - Whatsapp at +60 18-621 4252 or . Please quote for bookings: "BMCC X Chef Wai"
*All guests are invited to a New Year countdown at Firehouse bar at our sister property JW Marriott Hotel Kuala Lumpur
AirAsia MyCorporate Programme
Experience AirAsia's exclusively designed programme that offers the best air travel experience at an affordable price! Whether you're a large corporation or a medium or small enterprise, this programme is perfect for those who crave the flexibility to have options that suit their corporate travel needs. and kick-start a personalised discussion on how to maximise value, flexibility and savings for your company.
29th Tunku Abdul Rahman Lecture® Series (18 Dec)
Join us at the Luncheon Talk by YABhg Tun Dr Zaim Zainuddin (Former Finance Minister & amp; Advisor to the Malaysian Government) at the 29th Tunku Abdul Rahman Lecture® Series. Having earned the distinction of being a hard-driving technocrat and reputed as one of Malaysia’s ablest economic architects, Tun Dr. Daim will share his thoughts and wisdom on the topic: “The Future of Malaysia: Building a Sustainable Ecosystem for All”.
For more information on the event and to purchase a luncheon seat, kindly contact us at 03-7711 2888 or email .
Get the 2019 / 2020 Hays Asia Diversity & amp; Inclusion Report Today
Whilst it may appear that working professionals in Asia are gaining more knowledge on the positive impact of Diversity & amp; Inclusion (D & amp;I) in the workplace, the slow implementation of D & amp;I practices has resulted in only marginal progression in the region. Download our report to learn about this and more when it comes to the D & amp;I landscape across Asia.
International University of Malaya-Wales:
Invitation As Participant For IUMW Executive Programmes
IUMW is pleased to invite our members to their Executive Programmes to develop the capacity and skills of employees. Courses are as follow:
- Project Management, 9-10 Dec
- Executive Financial Intelligence, 16-17 Dec
- Business Risk Management for Operational Managers, 18-19 Dec
Heriot-Watt University Open Day (14-15 Dec)
Come to our from at our Putrajaya lakeside campus. Take a tour of our stunning, purpose-built, lakeside campus, meet our lecturers and talk to our Education Consultants - and students - about why you should study at Heriot-Watt University Malaysia. We also have 50% open to any of our undergraduate programmes. Find out more by speaking with our Education Consultants at this event. Applicants enjoy a RM5,000 tuition fee waiver if they apply and pay their first semester fees during the Open Day.
St. John's International School's Open Month (1-28 Dec)
You are invited to St. John's International School's Open Month from 1-28 Dec 2019 (Mon-Fri) and find out more what we have to offer (Preschool, Primary, Secondary & amp; A-level) with school tour. RM1000 rebate will be given upon enrolment during the Open Month. Call us at 03-2022 4881 for more info
AVIS: Christmas & amp; New Year Promotion
Have a Merry Christmas and Happy New Year with AVIS Malaysia's year end promotion. Present the AWD Code TI82900 and save up to 20% on published car rental rates in Malaysia.
For booking period: 1-30 December 2019
Rental Period 1-31 2019
NCSM December Wellness Promotion
The way to a healthier you begins with a visit to the NCSM clinic. Treat yourself to a wellness screening today and usher in the new year with renewed zest.
Call us at 03-2698 7351 to make an appointment.
-The Malaysian Reserve
- Digital News Asia
Advertise with us! Email to for advertising opportunities
British Malaysian Chamber of Commerce Berhad (1280091-P)
E04C0, 4th Floor East Block, Wisma Golden Eagle Realty, 142-B Jalan Ampang, 50450 Kuala Lumpur
T: +603 2163 1784 / 1786 | E: | W:
Copyright © BMCC 2019
