Issue #247 - 12 Apr 2021 Dear Subscriber, |
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Message of Condolence
The Board and the executive team of the British Malaysian Chamber of Commerce extend our deepest condolences to Her Majesty the Queen, the Royal Family, and the British people on the sad occasion of the passing of His Royal Highness Prince Philip, Duke of Edinburgh on Friday, 9 April 2021. May his soul rest in peace.
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BMCC Presents Webinar on Improving Employability Skills in the Finance and Accounting Sector
On 7 April 2021, the BMCC’s Higher Education Committee organised a webinar aimed at enhancing the collaboration between the government, professional bodies and the higher education institutions to drive the finance and accounting industry forward through talent development. Our line-up of esteemed panellists comprising Luke Joseph of BP Malaysia, Prof. Dr. Rozainun Hj Abdul Aziz of International University of Malaya-Wales (IUMW), Thomas Mathew of TalentCorp, Prof. Wing Lam of University of Reading, and Dr Nurmazilah Dato’ Mahzan of the Malaysian Institute of Accountants (MIA) talked about current collaborative efforts that have worked successfully and further initiatives that could be undertaken to promote growth and improve collaboration as well as overcome current challenges.
In discussing employability skills for the finance and accounting industry, the panellists cited critical thinking, the ability to analyse and articulate, commercial awareness and people skills as some of the key requisites. The discussion also touched on the mismatch in the definition of "employability" from the academia's perspective versus employers' perspective. To the academia, employability refers to a set of achievement skills and personal attributes that help graduates gain employment, whereas to employers, employability refers to work-readiness. Hence, collaboration among the government, the higher education sector and industry is important to bridge the gap between paper qualification and work-readiness within our graduates and influence successful career outcomes.
Calum Shepherd of Kaplan Financial Services moderated the panel session. Watch the webinar replay here. |
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IGEM 2021: Calling for Interest from UK Exporters to Showcase UK Products and Solutions in Green Technology! (1 July - 31 December 2021) The BMCC is pleased to support the upcoming largest trade showcase in Southeast Asia for green technologies and eco-solutions over the past decade, the 12th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2021). Calling all UK companies to join us in showcasing the best of British innovations under one UK virtual pavilion.
Register your interest here.
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Tell Us What BMCC Events You Want More Of
With the arrival of vaccination programmes around the world, a robust post-pandemic recovery is everyone's hope as we buckle down to face the new business landscape.
At the BMCC, we want to continue supporting our member companies by delivering premium quality events that provide the best professional networking opportunities and business insights.
Let Karen Dass, our Senior Manager, Events know what type of events, topics/themes and information you would value as you take your business forward in the post-pandemic era. We look forward to your feedback to help us serve you better. |
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Share Your Green Initiatives with Us!
The second "Green edition" BMCC e-newsletter is out and you can read it here if you haven't already done so!
In line with the BMCC’s decision to make sustainability and building a green economy in the digital era one of our focus themes for 2021, the last weekly e-newsletter of every month in 2021 will be published as a special “Green edition” to share only contents related to climate change and sustainable finance.
We continue to reach out to our members for newsletter content related to your green business initiatives, particularly in the areas of climate change and sustainable finance.
Please drop an email to comms@bmcc.org.my if you have relevant story ideas, thought leadership articles, news stories or achievements to share with us.
We look forward to hearing from you! |
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BCC Monthly Economic Review (April 2021)
This briefing is the British Chamber of Commerce's analysis of the key UK and international economic indicators for business. Headlines for April 2021: - UK GDP falls in January amid the squeeze on economic activity from the third lockdown.
- Latest QES points to a "difficult" Q1, but also sees a sharp uptick in business confidence.
- First official post-Brexit trade data showed a record fall in UK exports to the EU in January.
Take a look at the further details here. |
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BMCC Webinar | The Student Voice in a Time of Change
A BMCC Higher Education Committee initiative, this webinar will focus on the importance of the student voice during these unprecedented times. Allied to the publication on the Student Voice in a time of change by the BMCC, we will focus on how institutions have ensured that the student voice should be central to an institution's planning and mission. We will look at some examples across the Malaysian public and private sectors as well as an innovative example from the UK. We hope this webinar will provide a fascinating insight into the evolving role of the student voice in today's world. Date: Monday, 26 April 2021 Time: 4.00pm - 5.10pm (MYT) / 9.00am - 10.10am (GMT)
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BMCC Webinar | BMCC in Conversation with Surina Shukri, CEO of MDEC Join us for an exclusive digital conversation with Surina Shukri, Chief Executive Officer of MDEC.
Topics of conversation will include:
- MyDigital Blueprint; MDEC’s critical role and initiatives in driving the digital economy in Malaysia.
- Opportunities in digital investments – collaborations between private and public sectors; local and international partnerships.
- Supporting SMEs in the e-commerce markets.
- How businesses can support and play a role in MDEC’s digital transformation agenda and aspirations.
Date: Tuesday, 27 April 2021 Time: 4.00pm - 4.45pm (MYT)
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BritCham Singapore Webinar | Economic Briefing 2021
The Official Monetary and Financial Institutions Forum or OMFIF and the British Chamber of Commerce, Singapore, reflect on a tumultuous year for the United Kingdom, with the dual impact of Brexit and COVID-19 in 2020 setting the opening scene for 2021.
As we move into the second act of 2021, we look ahead into the changes before us, their implications for trade and the tools at our disposal.
Date: Thursday, 15 April 2021 Time: 4.00pm - 6.00pm (MYT)
Check out other upcoming BritCham Singapore events here. |
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MIDA Introduces Online Applications
The Malaysian Investment Development Authority (MIDA)'s InvestMalaysia Portal, is now open for online applications via the Investmalaysia.mida.gov.my microsite. Applications that can be submitted using the online application module are as follows:
- Manufacturing Licence (e-ML)
- Exemption letter from ML
- Incentive (e-Incentive)
- Expatriate Post & RE/RO
- Permit (PDA 2)
- R&D/IILS/DIILS Status
- Domestic Sales
- Import Duty / Sales Tax Exemption (JPC) & MIDA Confirmation Letter (SPM)
- Enquires/Feedback
- Online Technical Support
Media annoouncement here. |
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Relaxation of Incentive Conditions for Manufacturing and Services Projects Approved under the Purview of MIDA
As part of the government's proactive measures to revitalise Malaysia’s economy by facilitating investment and restoring investors’ confidence, certain relaxations of conditions will be offered to manufacturing and services companies that have been approved with incentives under MIDA.
Such companies are required to submit their requests to MIDA with relevant supporting documentation based on the prevailing policy decisions set by the Ministry of International Trade and Industry (MITI), as well as the Ministry of Finance (MoF). The relaxation of compliance with stipulated conditions is for the period between 2020 and 2021.
Related news article here. |
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Career Comeback Tax Exemption for Women Who Returned to Work
As part of the Government’s effort to encourage more women to return the workforce, the Career Comeback Tax Exemption was announced in 2017. Under the Career Comeback Tax Exemption, the Government will give an individual income tax exemption of up to 12 months to eligible women.
In order to be eligible for the Career Comeback Tax Exemption, women will need to fulfil the following criteria: - Are Malaysian citizens and residents of Malaysia.
- Have minimum three (3) years full-time work experience prior to taking a career break.
- Have ceased employment and have not derived any employment income for a continuous period of at least 24 months prior to, or as at 27 October 2017.
Infographic on eligibility here.
Infographic on application procedure here. |
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The BMCC welcomes our latest member companies, Garth Coates Solicitors and Tidal Resources Sdn Bhd, to our growing affiliation of more than 200 leading businesses in Malaysia from all industrial spectrums. |
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Garth Coates Solicitors is a leading law firm, specialising in UK immigration law and citizenship founded in 2008. We are a team of dedicated professionals who work together as a family. We create strong connections with our clients by building trust and confidence through our excellence, reliability and credibility. Our commitment and enthusiasm are reflected in our work and in the service we provide and we are wholly dedicated to providing quality legal services which change the lives of our individual and corporate clients for the better. We provide legal representation to Malaysian corporate clients across a breadth of industry types and also act for our private clients in respect of their individual UK immigration requirements. Our clients are interested in the following immigration categories include Investors, Entrepreneurs, Company Representatives and Work Permits. Principal Representative: Garth Coates (Principal Partner) |
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Tidal Resources Sdn Bhd is a company providing equipment rental, resources services, agency and trading business for various vendor product to the Oil & Gas industry. Principal Representative: Syed Feisal Alhady (Managing Director) |
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Start Smart with Heriot-Watt
To support families in making positive choices, Heriot-Watt university Malaysia is delighted to announce the launch of our new Start Smart programme. This free 3-week programme gives parents and students access to personalised support as they prepare for exams and make decisions about next steps after school. Supported by coaches, and working in small groups, school leavers will work in partnership with their parents in exploring options, gaining practical tips to improve study skills and making informed decisions about university and beyond.
To apply, register here. The deadline for application is Thursday, 15 April 2021 at 3 pm. Successful applicants will be notified on Monday, 19 April 2021.
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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: 9.00am (MYT) |
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2nd Virtual Private & International School Fair (PISF)
Looking for an international school for your child but don't want to leave the house?
Good news, the 2nd Virtual Private & International School Fair (PISF) will be happening soon!
The fair takes place on 22-24 April 2021 from 3pm-9pm.
Find a suitable school for your child from the comfort of your home.
Download flyer here and watch event video here.
See you soon! |
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Ramadan Iftar at Mandarin Oriental With the Holy Month of Ramadan slowly approaching, enjoy the best buka puasa you have come to know and love over the years at Mandarin Oriental. From our culinary masters cooking up a storm to showcase some of the all-time favourites, to our dedicated team of banquet professionals, your Ramadan Iftar at Mandarin Oriental will be remembered and talked about by your business associates and colleagues.
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Kuala Lumpur Convention Centre “Nostalgic Ramadan Corporate Packages”
Your perfect venue to Buka Puasa with your clients and associates.
With stringent compliance to safety SOPs and dedicated prayer and ablution facilities.
Call +603 2333 2877 to book! |
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Mott Macdonald Malaysia | PerjalananKu Mobile App to Assist Enhancements to Future Transportation Networks in Iskandar Malaysia and Melaka
The UK Foreign, Commonwealth & Development Office (UKFCDO)’s Global Future Cities Programme has developed PerjalananKu, a mobile app to collect data on mobility habits which will help with enhancements to future transportation networks in Iskandar Malaysia and Melaka.
Flyer for Iskandar Malaysia here.
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MDEC Launches MYWiT Hiring and Training Initiative for Digital Services and Tech Roles
#MyDigitalWorkforce Work in Tech (MYWiT) is an initiative by the Malaysian Digital Economy Corporation (MDEC) to incentivise employers to hire Malaysians via digital upskilling and reskilling programmes. This initiative supports digital tech and service companies to hire digital talent through salary and training incentives. MYWiT consists of the following programmes: Digital Business Services (DBS) and Digital Tech Apprenticeship (DTA).
Get more information and apply here. |
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Tay & Partners | Landlords, Tenants and the Extended COVID-19 Act in Malaysia
The COVID-19 pandemic’s march towards calamity has undeniably left a wake of economic destruction in its path. To aid the amelioration of the economy, the Government gazetted the Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (COVID-19) Act 2020 (“the Act”) on 23 October 2020, which, among others, provides temporary relief from contractual obligations.
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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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