Issue #244 - 22 Mar 2021 Dear Subscriber, |
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UK Green Investment Landscape: Outlook for Malaysian Investors
Join the Lord Mayor of the City of London, Alderman William Russell, and a panel of distinguished experts in a timely webinar jointly organised by the British High Commission and the BMCC on green investment this 31 March 2021, where they will weigh in on the growing relevance of ESG investing for sustainable value creation amid the pandemic-driven global economic crisis.
Esteemed panel of speakers
Alderman William Russell Lord Mayor of the City of London
H.E. Charles Hay MVO British High Commissioner to Malaysia
Allan Walker Green Finance Specialist, Financial and Professional Services Group (FPS), UK Department for International Trade (DIT)
Federica Giacometti Business Development Senior Associate, Multi-Asset Primary Markets, London Stock Exchange Group (LSEG)
In discussing the role of green finance in mitigating climate change and generating investment returns, the speakers will also highlight the growing opportunities for Malaysian investors in the UK's green sectors, a key priority for the UK, as president designate for COP26 in Glasgow this year and one of the first countries in the world with a target to reach net zero emissions by 2050.
Date: Wednesday, 31 March 2021 Time: 4.00pm - 5.30pm (MYT) / 8.00am - 9.30am (GMT) |
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BMCC Energy Committee Holds First Meeting of 2021
The BMCC Energy Committee held its first committee meeting this year on 8 March 2021, chaired by Mr Hanif Hashim, the Senior Vice President of Petrofac Malaysia and attended by 11 other members. The Committee also welcomed Richard Hall, Managing Director of EnQuest Petroleum Malaysia as a new representative for the organisation. The Committee discussed the initiatives on energy transition, opportunities for UK businesses in Malaysia and strategy to attract potential new members. Clifford Bebb, Deputy Country Director, DIT UK also shared the upcoming green initiatives by the British High Commission. |
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The BMCC and Direct English Present "Why Hire During the Pandemic Crisis: Look for the Silver Lining" Webinar
The BMCC was pleased to collaborate with Direct English on the webinar "Why Hire During the Pandemic Crisis – Look for the Silver Lining" on 15 March 2021. There were presentations from Perkeso on the wage subsidies and hiring incentives from Penjana Kerjaya 2.0, as well as information on the fully subsidised training for Business English and soft skills by Direct English, UK with Linguaskill, the globally recognised English Proficiency Certification Test by Cambridge Assessment English. Our esteemed speakers and panellists included the Melewar Group Executive Chairman, CEO of Perkeso, Executive Director of the Malaysian Employers Federation (MEF) and representatives from Melewar Learning Resources, which is the Master Licensee of Direct English UK in Malaysia and Singapore.
Watch the webinar replay here. For further information on the Direct English UK programmes, please contact phoebe@bmcc.org.my. |
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FMM Partners BMCC in Webinar on EU Exit: Trade & Investment Opportunities for Malaysian Companies and Conversion from Conformitè Europëenne (CE) Mark to United Kingdom Conformity Assessed (UKCA)
On 16 March 2021, the Federation of Malaysian Manufacturers (FMM) organised a joint webinar with the BMCC which examined the current trade relationship and opportunities between Malaysia and the UK, and discussed the importance of converting product certification from CE Mark to UKCA.
In his keynote address, the British High Commissioner to Malaysia, H.E. Charles Hay MVO, gave an overview of the EU Exit and its implications to UK and Malaysia trade and investments. He said that UK-Malaysia trade is in steady growth and more should be done to improve market access for both countries. He also mentioned that while the EU Exit has no trade impact to Malaysia, some changes do affect Malaysian exporters such as the introduction of UKCA marking and UK Global Tariff (UKGT).
Exporters can visit gov.uk for information on taxes, tariff, commodity codes and regulation. |
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BMCC and Standard Chartered Bank Malaysia Celebrate IWD2021 with "Women in Leadership_Choose to Challenge" Webinar
In celebration of International Women's Day 2021, the BMCC and Standard Chartered Bank Malaysia proudly presented the "Women in Leadership_Choose to Challenge" webinar on 20 March 2021 to inspire, empower and advocate women leadership.
A vibrant panel comprising London-based general surgeon Dr Amalina Che Bakri, Dr Sumitra Nair of Malaysian Digital Economy Corporation (MDEC), Patrina Tang of TedBoy Bakery, Low Ngai Yuen of WOMEN:girls, and Darina Yusof of Standard Chartered Bank Malaysia engaged in a lively discussion on creating a gender-equal world and shared stories on their personal journeys as successful women leaders in the hour-long webinar.
Jennifer Lopez, Chief Executive Officer of the BMCC, said in her welcome remarks that diversity and inclusion – which encompass not only gender equality but also inclusivity and equality for all – is a key agenda for the BMCC as well as our members. Jennifer also emphasised the BMCC has included a diversity and inclusion award in our Annual Business Excellence Awards, and that the Chamber also plans to rejuvenate the Women Leadership Network as a Diversity and Inclusion interest group to identify programmes and initiatives to inspire, empower and advocate.
In his speech, Abrar A. Anwar, Chairman of the BMCC and Chief Executive Officer & Managing Director of Standard Chartered Malaysia said, "This year's International Women's Day theme, Choose to Challenge, resonates with Standard Chartered's purpose and culture where we view diversity, inclusion and respect for all our colleagues and partners as critical to our success. Our commitment to help women live better lives remains constant. We champion many programmes internally and externally to help girls and women develop skills through purposeful collaboration where we can help them advance and unleash their limitless potential."
Watch the webinar replay here. |
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Are You a Malaysian Company Looking for New Business Opportunities with UK Exporters?
Join the Welsh Virtual Export Market Visit (VEMV) happening this 13-15 April 2021, brought to you by the Welsh Government and the BMCC, where 13 well-established companies from Wales, UK will be there to showcase and talk about their products at a 1-1 virtual meeting with you.
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British High Commission-BMCC Webinar | The Time is Now: Race to Zero
This webinar is the first in the series of several engagement initiatives by the BMCC presented in collaboration with the British High Commission to support the Race to Zero (R2Z) campaign in the run-up to the 26th UN Climate Change Conference of the Parties (CoP26). Join our panel of progressive thought and business leaders in an important discussion on the transition to a zero-carbon future by businesses, from across Malaysia and the world, and how we can scale up the current efforts further: H.E. Charles Hay MVO British High Commissioner to Malaysia
Faroze Nadar Executive Director, UN Global Compact Network Malaysia & Brunei
Angelia Chin – Sharpe Chief Executive Officer & Country Head Malaysia BNP Paribas Asset Management
Andreas Pistauer Managing Director Siemens Energy Malaysia Jason Snape Global Head of Environmental Protection AstraZeneca
Dato' Mohammad Faiz Azmi Executive Chairman, PwC Malaysia
Datu Haji Sharbini Suhaili Group Chief Executive Officer, Sarawak Energy Berhad
Stuart Milne Chief Executive Officer, HSBC Bank Malaysia Berhad
Professor Woo Wing Thye President of Jeffrey Cheah Institute on Southeast Asia and Director of Jeffrey Sachs Center of Sustainable Development, Sunway Group
Date: Thursday, 25 March 2021 Time: 4.00pm - 5.45pm (MYT)
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BMCC Webinar | Improving Employability Skills in the Finance & Accounting Sector
Our esteemed panellists will discuss how enhanced collaboration between the government, professional bodies and the higher education institutions can improve employability skills within the finance and accounting sector.
Key topics for discussion: - Current collaborative efforts that have worked successfully
- Further initiatives that could be undertaken to promote and improve collaboration
- Challenges to overcome
Date: Wednesday, 7 April 2021 Time: 4.00pm - 5.30pm (MYT) / 9.00am - 10.30 am (GMT)
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BritCham Indonesia Webinar | The Right Way to Manage Pension Fund
Amid the threat of an economic downturn and layoffs due to Covid-19, a pension fund program is more becoming a significant benefit that companies can offer. However, preparing and implementing a pension plan program is a complex process that should be seen from the business and regulations point of view.
The webinar aims to give information for business leaders regarding the right way to manage Pension Fund programs, from the Labor Law point of view and also from the business leader's point of view. Lets discuss with the experts in this Britcham webinar.
Date: Wednesday, 31 March 2021 Time: 5.00pm - 6.00 pm (MYT) / 4.00pm - 5.00pm (JKT)
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Kuala Lumpur Business Club Dialogue Session | MyDIGITAL & Rangka Tindakan (Blueprint) Ekonomi Digital Malaysia
The BMCC has received 50 complimentary seats from the Kuala Lumpur Business Club for this dialogue session with YB Dato' Sri Mustapa bin Mohamed, Minister in the Prime Minister's Department (Economy).
Date: Tuesday, 23 March 2021 Time: 8.30am - 10.00am
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Prime Minister Unveils RM20 billion Pemerkasa Assistance Package
Prime Minister Tan Sri Muhyiddin Yassin announced on 17 March 2021 a new economic recovery programme dubbed PEMERKASA (Strategic Programmes to Empower the People and Economy) worth RM20 billion with a fiscal injection of RM11 billion for the scheme.
PEMERKASA consists of 20 strategic initiatives to accelerate economic growth, support business and continue targeted assistance to the people and sectors that are still affected by the COVID-19 pandemic.
PM's speech text (BM) here.
PEMERKASA infographic (ENG) here.
Related news article here. |
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MITI Introduces Safe@Work Initiative for Close Contact Workers
The Ministry of International Trade and Industry (MITI) has introduced the Safe@Work initiative for companies to isolate workers identified as close contacts of a Covid-19 case.
Safe@Work promotes enhanced public health measures to empower employers in manufacturing and its related services sector to be accountable for containing the pandemic among their workers. It contains Standard Operating Procedures (SOPs) detailing preventive measures and case management through the creation of a Safe Work Bubble.
In a statement on 18 March 2021, Senior Minister Dato' Seri Mohamed Azmin Ali said close contact staff could continue to work under a new “safe work bubble” protocol. This would involve workers in the manufacturing and services sectors, as well as those living in staff quarters, being isolated from the community until they test negative for the virus.
Safe@Work flipbook (ENG) here. Safe@Work FAQ (ENG) here.
Related news article here. |
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Introduction of e-Special Pass (eSP) for the Renewal of Employment Pass
Effective 15 March 2021, the Immigration Department of Malaysia introduced the e-Special Pass (eSP) submission through Expatriate Service Division (ESD) online. This process is currently ONLY applicable to Employment Pass renewal application submission through ESD online.
eSP for other passes (i.e. Professional Visit Pass (PVP), Dependent Pass (DP), Long-Term Social Visit Pass (LT-SVP) etc) will be introduced at a later date.
For further assistance with Employment Pass, Professional Visit Pass, and related passes, email helpdesk@myxpats.com.my.
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MICE CMCO SOP
Business events related to meetings, incentives, conventions and exhibitions (MICE) are allowed to operate at 50% of the capacity of the premises by complying with physical distancing, mandatory wearing of face masks and based on MICE CMCO SOP (updated 16 March 2021).
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Mazars Webinar | Transfer Pricing (TP) TP provisions, TP Rules 2012 and TP Guidelines 2012
As more and more businesses are supporting their operations in one part of the world from their group companies overseas, pricing is a growing concern. This complimentary webinar from Mazars experts in Malaysia on the latest transfer pricing rules and guidelines.
Date: Tuesday, 30 March 2021 Time: 10.00am - 1.00pm (MYT)
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Four Seasons Hotel Kuala Lumpur | Exclusive Offers for BMCC Members
Exclusive for BMCC members only ─ enjoy special rates for memorable stays from RM585+, and get 20% off your total bill in all restaurants and bars and for all spa treatments at the Four Seasons hotel.
Room promotion flyer here.
F&B promotion flyer here.
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Marlborough College Malaysia Open Event Outstanding academic results, top 2% of schools globally who offer IB, international award-winning pastoral care set within a 90-acre purpose-built site. 'Asia's only authentic British Boarding School' ─ Singapore Tatler The Master invites you to our forthcoming event to understand 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: Saturday, 24 April 2021 Time: 9.00 am (MYT)
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Mercedes Benz | Celebrating Women with Exceptional Deals Enjoy 0% sales tax and many more exceptional offers for savings up to RM200,000 on your Mercedes-Benz S 560 e purchase from Cycle & Carriage.
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Sri KDU International School | International Baccalaureate Diploma Programme Info Week (27 March to 1 April 2021)
Sri KDU International School (SKIS) will be holding its IBDP Info Week from 27 March to 1 April 2021. During the IBDP Info Week, interested students and/or parents may join the FB LIVE Preview, taster lessons and 1-on-1 e-meets with the teachers. IBDP INFO WEEK SPECIAL - *50% off the Registration Fee for registrations throughout the IBDP Info Week
- SKIS 10th Anniversary IBDP Rebate ─ *50% off on TUITION FEES for admissions to September 2021 and January 2022 intakes (applies throughout the entire 2 years of IBDP)
*Terms and conditions apply. |
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Standard Chartered Malaysia | International Women's Day Exclusive Offer for Women Entrepreneurs
In conjunction with International Women’s Day, Standard Chartered Malaysia is celebrating women entrepreneurs by giving out a waiver of 1% structuring fees for the Business Instalment Loan for the entire month of March 2021.
Offer is exclusive for Standard Chartered Business Banking clients.
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Charterhouse Malaysia | 100% Scholarships for A Levels
Our scholars, through their enthusiasm, intellectual curiosity, drive and compassion, will set the highest of standards for academic performance and community life.
Apply now to Study, Create and Inspire at Charterhouse Malaysia
Join our upcoming Virtual Open Day on Thursday, 25 March 2021 to learn more about Charterhouse Malaysia. |
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Royal Selangor | BMCC Easter Specials
Between 15 March and 15 April 2021, spend RM2,000 at Royal Selangor and enjoy: - 10% off your first purchase on any Royal Selangor item, excluding limited editions
- FREE Elite membership registration
Promotion is only applicable for purchases made at any participating Royal Selangor stores in Malaysia.
Present your BMCC membership card to enjoy this exclusive offer.
Explore Royal Selangor's Easter gift inspirations here.
Drop an email here for more information. |
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International SOS | Duty of Care Awards 2021 – NOW OPEN FOR NOMINATIONS!
We are pleased to announce that we are now accepting entries for the 2021 Duty of Care Awards! This year’s event features two brand new categories highlighting organisations exceptional COVID-19 response and inclusion and diversity programmes. The awards are open to organisations around the world to honour the investment and innovation in protecting the health, safety, security and wellbeing of their global workforce.
Nominations and more here. |
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IPSOS Study | Living Through Pandemic ─ Covid-19 Impact on SEA Economy and Consumer Spending
A study on the Covid-19 impact on SEA economy and consumer spending by IPSOS released on 16 March 2021 has revealed that: - Most countries are optimistic about income recovery, except for Malaysia and Thailand where income stability sentiment has declined after the resurgence of COVID-19.
- Spending intent remains muted on large purchases. Behaviour is shifting from "pandemic routine" to "small indulgences".
- Efficient roll out of vaccination can build economic optimism as in the case of Singapore. Philippines, Malaysia, and Thailand need more confidence-building measures.
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MIDA Joins Hands with The Economist
MIDA has entered into a strategic collaboration with The Economist to showcase Malaysia’s unique value proposition as Your Profit Centre in Asia. Explore future-ready Malaysia on The Economist here.
Download "Malaysia's Role in the New Global Economy" article 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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