BMCC Newsletter Issue #444 - (3 February 2025) |
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Weekly Highlights: - Headline of the Week: Malaysia’s Minimum Wage Increase: What Employers and Workers Need to Know
- Premium Member Spotlight - Mark Matlaszek, Director of Bluestar AMG
- Check out our upcoming events and get more details below:
- 20 Feb | BMCC Connect: Members' Mix and Mingle
- 26 Feb | Government Dialogue: Charting the Path of AI
- 27 Feb | INNOVATE HER: Championing, Inspiring, Bridging the Gap in STEM Professionals
- Attend exciting events and activities by our members and stakeholders!
- British High Commission Kuala Lumpur | Navigating Mental Health
- AICPA & CIMA | MBRS 2.0 Workshop
- Charterhouse Malaysia | Harmony in Unity Charity Concert
- The Energy Industries Council | EIC Connect Energy Borneo 2025
- TraTax | Flagship Tax Conference
- EQ Hotel | Festive Promotions for CNY and Valentine's Day
- Pavilion Hotel | Aroma Citarasa Selatan
- British Theatre Playhouse | BEATLEMANIA
- Mint Communications | PISF 2025 in Johor
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Malaysia's Minimum Wage Increase: What Employers and Workers Need to Know |
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Dear Subscriber,
As of 1 February 2025, the Minimum Wage Order has officially been enforced, increasing the minimum monthly salary from RM1,500 to RM1,700. |
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Who will this impact? Employers with five or more workers, along with professional sector employers, have officially implemented the new wage structure. Meanwhile, smaller businesses with fewer than five employees have until 1 August 2025 to make the necessary adjustments, ensuring a smooth transition for all.
The Malaysian Ministry of Human Resources (MOHR) stated that the minimum wage adjustment is part of broader efforts to enhance worker earnings, complementing initiatives such as the Progressive Wage Policy and skills training programmes to boost productivity and income levels. Importantly, MOHR emphasised that RM1,700 is a baseline, and skilled professionals and graduates should continue to receive salaries that reflect their expertise and qualifications.
Malaysia's Human Resources Minister Steven Sim Chee Keong is championing ongoing discussions with businesses and employees to fine-tune the policy and explore region-specific wage levels to ensure fairness across different economic landscapes.
The BMCC welcomes this wage increase as a positive step toward a more progressive and prosperous Malaysia, where fair pay can enhance living standards and foster a motivated workforce. We encourage employers to see this as an opportunity to invest in their teams, driving long-term business growth and sustainability.
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| Meet Mark Matlaszek, Director of Bluestar AMG |
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"In 2019, Bluestar AMG expanded our operations to Malaysia, where we have steadily built a strong presence in the financial services sector.
"With a commitment to delivering exceptional financial expertise, Bluestar AMG continues to strengthen its position as a trusted partner in wealth management within the Malaysian market."
Read our full interview with Mark and find out more about Bluestar AMG here! |
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| 20 February | BMCC Connect: Members Mix & Mingle |
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Unlock new opportunities and foster familiar connections at our BMCC Connect: Members Mix & Mingle!
Get updated on what the Chamber has in store for the future and share feedback so we can do better!
Date: 20 February 2025 Time: 5:30 pm to 8:00 pm Venue: BMCC Office @ Menara IQ No 02-B, Menara IQ, Lingkaran TRX, Tun Razak Exchange, 55188 Kuala Lumpur Target Audience: Senior representatives of BMCC member companies, stakeholders, and partners |
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| 26 February | Government Dialogue Series: Charting the Path of AI with Malaysia's National AI Office |
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Bring your business to the forefront of Malaysia's AI revolution in this fireside chat with the Head of the National AI Office, Sam Majid.
Date: 26 February 2025 Time: 10:00 am - 12:00 pm Venue: BMCC Office @ Menara IQ, TRX No 02-B, Menara IQ, Lingkaran TRX, Tun Razak Exchange, 55188 Kuala Lumpur Target Audience: C-suite, senior management, and senior representatives of BMCC member companies |
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| 27 February | Innovate Her: Championing, Inspiring, Bridging the Gap in STEM Professionals |
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Gain fresh perspectives and be inspired by real stories of resilience at INNOVATE HER!
Join us as three inspiring professional speakers share their journeys in STEM fields and discover how equity builds a brighter future.
Date: Thursday, 27 February 2025 Time: 6:00 pm to 7:30 pm Venue: Majestic 1, Level 3, The Majestic Hotel Kuala Lumpur
Target Audience: UK university alumni network, young professionals and middle management individuals of BMCC member companies |
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| Download Now! BMCC's Membership Directory is Now Available! |
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This directory is more than just contacts! This informative document is a dynamic way to build your next connection and foster your next collaboration with our vast member network.
Inside, you'll find: - Essential member details and activities
- Sector insights and industry breakdowns
- Opportunities to explore partnerships and connect with leaders
Thank you to all members and stakeholders who contributed to the creation of this directory. We hope it will inspire growth across industries in the UK and Malaysia.
Explore the directory and unlock opportunities today! |
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| BMCC’s Meeting with Malaysia Ministry of Higher Education’s International Relations Division Team |
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We recently welcomed the Malaysian Ministry of Higher Education (MOHE), International Relations Division team, led by Datin Noorazah Omar, Director of International Relations Division, for an engaging discussion.
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The meeting served as a post-mortem on the MOHE-BMCC Recruitment Drive 2024, a successful career fair co-organised by the Chamber and the MOHE last year. We also took the opportunity to discuss key areas for improvement and explore future collaboration opportunities, reinforcing our shared commitment to talent development and strengthening the talent-industry gap.
Also present were MOHE’s Khairil Azwan Abu Mansor, Senior Principal Assistant Secretary, and Vinod Mathialakan, Assistant Secretary and BMCC Government and Public Relations’ Yoong Hau Wei, Manager; Asyraf Shahar, Officer; and Communications & PR Manager, Angelyn Ng. |
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BMCC’s CEO, Jennifer Lopez and Events Manager, Sim Siew Kee recently visited TASConnect Malaysia and met with Wendy Ang (CEO) and Rebecca Yong (Finance Manager & Business Planning Analyst) to discuss future collaborations and how the Chamber can tailor our services to meet their needs as a member. The Chamber looks forward to working together on initiatives that drive mutual success. |
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| EIC Connect Energy Borneo 2025 | A New Era for Energy Collaboration |
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We are proud to be a supporting partner for The Energy Industries Council (EIC)'s annual flagship event: EIC CONNECT Energy Borneo 2025.
EIC CONNECT is organised around the world each year providing attendees with a diverse range of functions (Panel / Solo-themed Conference, 1-to-1 Business Matching, Networking Reception) dedicated to fostering and nurturing business partnerships and expanding their customer base.
Date: 25 - 26 February 2025 Venue: Hikmah Exchange Event Centre, Kuching, Malaysia
3 Complimentary Tickets for BMCC Members As BMCC is a Supporting Partner of the EIC CONNECT Energy Borneo 2025, we are proud to offer one complimentary ticket per BMCC Member organisation* for the Conference and Networking dinner on 25 February 2025.
Hurry and grab your ticket now! *First-come, first-served basis |
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| British High Commission Kuala Lumpur | Navigating Mental Health |
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Join this knowledge-sharing session which aims to explore the best practices in mental health care and management. Discuss the role of digital technology in enhancing management and support and build your understanding of mental health practices.
Date: 12 February 2025 Time: 10:00 am to 4:30 pm Venue: Sheraton Imperial Kuala Lumpur Hotel |
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Hear from speakers from the World Health Organisation, National Health Service, and Newcastle University.
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| Digital, HR Ministries to Study Technology's Impact on Jobs |
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The Digital Ministry is working closely with the Human Resources Ministry to study the impact of technology on jobs and to identify the jobs of the near future.
Digital Minister Gobind Singh Deo said the recently launched National ArtificiaI Intelligence Office (NAIO) will play a role in studying the impact of technology on jobs, and provide recommendations to ensure Malaysians remain in the workforce.
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| JLL (Malaysia) Enters a Bright New Era with Tun Razak Exchange Space |
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Our member, JLL (Malaysia), a leading professional services firm specialising in commercial real estate, announced the relocation of its office to Menara IQ, Tun Razak Exchange (TRX) - Kuala Lumpur's newest and most prestigious financial hub, in conjunction with its grand opening. |
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The move to Menara IQ, an avant-garde green building managed by JLL's own Property and Asset Management team, aligns seamlessly with JLL's global net zero carbon ambition. This strategic relocation underscores the company's dedication to environmental stewardship and its role in shaping the future of real estate. The new office space incorporates cutting-edge smart features and embodies JLL's vision for the future of workspaces, reflecting the company's forward-thinking approach to real estate solutions.
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| AICPA & CIMA | Master MBRS 2.0: HRDC-Claimable Workshop in Collaboration with KPMG |
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In a collaboration between AICPA® & CIMA®, and KPMG, you are invited to an exclusive HRDC-claimable workshop. This session will provide a detailed walkthrough of the MBRS platform and its filing requirements. Facilitated by trainers from KPMG, appointed by SSM, the workshop is designed to help your organisation seamlessly transition to the new system and stay up to date with the latest filing procedures. |
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Event Details Dates: 13 & 14 February 2025 (Thursday & Friday) Time: 9:00 am to 5:00 pm (Malaysia Time) Venue: AICPA® & CIMA® KL Hub, Level 10, 1 First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor CPD Credit: 16 Hours
Fees: - CIMA members and candidates: RM1,000
- Non-members: RM1,200
Workshop Highlights: - Comprehensive coverage of MBRS submission requirements, including Financial Statements (FS), Key Financial Indicators (KFI), and Exemption Applications (EA).
- Hands-on training on using mTool 2.0 for FS and KFI preparation and submission.
- Detailed guidance on compliance requirements under both the Companies Act 1965 (CA1965) and Companies Act 2016 (CA2016).
- Insights into updates introduced with MBRS 2.0 enhancements.
This 16-hour course will equip participants with practical knowledge to navigate the MBRS platform confidently. Seats are limited and allocated on a first-come, first-served basis. Don’t miss this opportunity to enhance your compliance capabilities. Register now to secure your spot. |
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| Charterhouse Malaysia | Charity Music Concert |
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Join an unforgettable afternoon of music and community! Charterhouse Malaysia's Charity Music Concert 2025 is here to support Save School: School for Refugees. Date: 15 February 2025 Venue: Sri KDU, Kota Damansara Tickets: RM60 Enjoy spectacular performances by talented students while making a difference! Get your tickets by 14 February here. |
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| TraTax | Flagship Tax Conference 2025 |
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TRATAX is hosting a flagship conference on Malaysia’s evolving tax landscape, providing finance and tax leaders with key updates and strategic insights.
Date: 20 February 2025 Time: 9:00 am to 5:30 pm Venue: Le Meridien Kuala Lumpur
This one-day conference highlights crucial tax developments in Malaysia. It equips participants with insights into the 2025 National Budget, key Sales & Service Tax (SST) changes, emerging trends in tax disputes, e-invoicing implementation and tax incentives.
Tax events are never dull, especially when hosted by TRATAX. This time, they’re making it even more exciting with a fun and engaging Tax Quiz based on the conference content. Winners will be rewarded with a MacBook Air or AirPods!
The conference is HRDC-approved. Early bird registration fee expires on 27 January.
Register and get more information here. |
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| EQ Kuala Lumpur | Festive Promotions for Chinese New Year and Valentines Day |
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Enjoy these festive promotions offered by EQ Kuala Lumpur!
Interested? Call 60 3 2789 7839 or visit them here to make a reservation. |
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Dine at Golden Phoenix to kick off a prosperous Year of the Snake. Golden Phoenix is the much-loved, highly awarded Chinese restaurant from the former Equatorial Hotel which makes a yearly appearance at EQ as a limited-time pop-up restaurant. Enjoy its mastery of Cantonese and Sichuan specialities with menu items from its 50-year archive, as well as brand new modern offerings created for Chinese New Year 2025.
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Celebrate the season of love at Étoile with our specially curated Valentine’s à la carte menu. Perfect for a romantic evening, this three-course experience is designed to delight your senses and leave you with cherished memories.
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This Valentine’s Day, let Nipah set the stage for an unforgettable evening. Savour an indulgent buffet spread, artfully curated to delight the senses and celebrate the most romantic day of the year.
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Wow your someone special with something out of the ordinary this Valentine’s Day. Enjoy a specially crafted afternoon tea buffet at the chic Bottega Lounge where lovebirds can tuck into an array of teatime delights designed around all things sweet and sentimental.
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This Valentine’s Day, let Sabayon take you and your special someone on a romantic journey of five courses of fine dining, luxury, and breathtaking views.
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| Pavilion Hotel | Enjoy Early Bird and Exclusive Member Prices for Aroma Citarasa Selatan |
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Immerse yourself in the rich culinary heritage of Malaysia’s southern states at The Courtyard this festive season.
Break your fast with a curated spread of traditional favourites, live cooking stations, and freshly caught seafood, including shucked oysters. End your meal on a sweet note with handcrafted desserts, artfully prepared by our master chefs.
Early Bird Offer @ MYR138 nett (now till 28 Feb) 1 March onwards: BMCC members book at a special rate of MYR142.40nett pp (20% off MR178).
For reservations: |
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| British Theatre Playhouse presents Beatlemania - A Musical Journey |
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Beatlemania - A Musical Journey is created by the British Theatre Playhouse to celebrate the 65th Anniversary of The Beatles, and will be performed by UK's No. 1 tribute band, The Cavern Beatles, hailed as being the closest experience to the Fab Four.
Date: 25 February 2025, Tuesday Time: 7:00 pm for Cocktails; 8:15 pm for Curtains Up Ticket Price: From RM600 each, inclusive of the cocktail reception and show. Sponsorship Packages: RM10k onwards.
For ticketing and sponsorship enquiries, click the button below, call Ms Elena at +603 7773 1287 or email jwyefoundation@gmail.com |
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| Mint Communications | Join the PISF in Johor this February! |
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The 20th Private & International School Fair is back! Mark your calendars for 22 & 23 February 2025 and visit Southkey Mid Valley, Johor from 11 am to 6 pm. |
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- Explore top international schools
- Connect with school representatives
- All in one convenient location!
Your child’s journey to success starts here. Don’t miss this opportunity to plan their future!
Admission is FREE!
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| Tay & Partners | ESG Legal Framework in Malaysia: What Companies Need to Know |
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In today’s business landscape, it is no longer possible to ignore the role Environmental, Social, and Governance (“ESG”) principles play in businesses. To stay relevant and ensure compliance with applicable laws, business leaders and decision-makers must understand the laws and regulations pertaining to ESG practices.
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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) No 02-B, Menara IQ, Lingkaran TRX, Tun Razak Exchange, 55188 Kuala Lumpur Copyright © BMCC 2025 |
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