The BMCC Energy Committee Holds Preliminary Meeting
 
Last Friday, the BMCC Energy Committee convened for the first time for a preliminary meeting, purposed to ratify the overall objectives and format on which the committee will be steered. This committee will serve as an advocacy group for its members and while being a proponent of UK’s export initiative. 
 
The committee is made of Oil, Gas & Energy companies and it's the first of its kind for the chamber. Members include (by alphabetical order of companies): Stephen Hill (Deputy Director of DIT), Azman Nasir (Head of EIC Asia Pacific), Peter Davies (Regional GM Asia-Pac of EM&I), Bob Davenport (Managing Director of EQ Petroleum), Paul Robinson (Operations Manager of NES Global), Ron Anderson (Group Advisor of Serba Dinamik), Zahid Osman (Director Government Relations of Shell Malaysia) and Datuk Peter Wentworth (Chairman of Weir Minerals).

The committee is headed by Chairman Hanif Hashim (Country Manager of Petrofac) with Brian Pye (VP Sales, Asia of Lloyd's Register) as appointed as Deputy Chairman. Sridaran Sabapathy acts as the committee secretary and represents the BMCC Executive Office. 

An Important Message from Roberto Benetello, CEO of EUMCCI
-EUMCCI Forms Task Force to Provide Clarity on Recent Finance Bill 2016

 
"EUMCCI have formed a task force to help us understand the technicalities and repercussions of recent rulings included in the Finance Bill 2016. We met yesterday and we tackled at length the issues related to withholding tax with the help of KPMG Corporate Tax team. The discussion led me to the conclusion that the repercussions to the business community may be greater than what is currently perceived, partly because the matter at hand is not understood to a sufficient level of depth.

The new withholding tax regulations became effective on 17thJanuary 2017 and involve a 10% withholding tax to all amounts paid or credited to non-residents in consideration for services, even if such services are performed outside Malaysia. The Malaysian tax authorities take the position that service income of a non-resident is a “special class of income”, distinct from business profits and widespread treaty protection may not be available. Certain bilateral tax treaties may still provide relief or reduce withholding tax rates, however, the current position of Inland Revenue Board Malaysia doesn’t seem to be friendly towards these treaties and several controversies are emerging."
[Continue reading here]


 
Upbeat View on Technical and Vocational Education
 
British High Commissioner to Malaysia H.E. Victoria Treadell said that her country had undertaken initiatives to support Malaysia in TVET.

More emphasis is being placed on technical and vocational education and training (TVET) to transform and make it a more popular option for youths. [When opening the Sabah TVET seminar] Deputy Education Minister Datuk Mary Yap said TVET was crucial in driving the engine of industrial and economic growth in a competitive market.

Among the areas that the United Kingdom could work with Malaysia were educational technology and resources; English language teaching; qualifications, assessment and quality assurance as well as professional development and leadership. [Source: The Star]
BBCiM - Open Days

We would like to take this opportunity to invite you to visit us during the Open Days of the British Business Centre in Malaysia (BBCiM).

The Open Days will be held today from the 27th Feb – 2nd March 2017 (Monday – Thursday) and will give BMCC members an opportunity to catch up with our staff, take a tour around the business centre, and learn about some of the great events and initiatives we have planned to organise in 2017.

Refreshments will be provided and you can come by our office at any time of your convenience from 10am to 5pm.

If you are keen to attend, kindly email your interest to Afiq at afiq@bmcc.org.my to book your day and time slots.

BMCC Breakfast Talk Series #1

In this first installment, the BMCC together with sponsors TMF Group will hosts its inaugural Breakfast Talk Series on the topic of “Wellness - The Strategy from Good to Great” featuring Dr Greg Jakubowski (Regional Medical Director, Corporate Solutions, Asia of International SOS) and Ho Mun Kiat (Senior Vice President and National Practice Leader, Employee Health & Benefits Malaysia of Marsh Insurance Brokers (Malaysia) Sdn Bhd).
 
The speakers will touch on the matters concerning the benefits of wellness programmes to employee and employers, the importance of wellness programmes to business continuity, trends of wellness in the workplace, managing healthcare cost through proactive measures and the pragmatic approaches in promoting workplace wellness.

Date: Thursday, 2nd March 2017
Time: 9.00am (Registration) - 11.15am
Venue: Boardroom, International SOS office, Menara NU

 (Directions here)


Admission to this event is free of charge for all BMCC members, and is limited to 30 pax on a first-come-first-serve basis. Breakfast and beverages will be served.

All interested members can RSVP to Ramesh Hasry at events@bmcc.org.my


Click here for more info

EUMCCI: In Conversation with Series #2
With the enforcement of Goods and Service Tax along with the new ruling on Withholding Tax; local startups, SMEs and MNCs are challenged in the acquisition of foreign services which may affect Malaysia’s attractiveness to overseas investors. How can Malaysia business owners renegotiate their interest to lure foreign investors?

Join In Conversation with Secretary General of Ministry of Finance, Malaysia; Tan Sri Dr. Mohd Irwan Serigar as he walks us into the country’s current economic situation with the new policies in line that may help influnce your next business decision in making Malaysia attractive for FDIs.

BMCC Member Rate: RM215.00 nett per person
To Register with BMCC Member Discounts, click here

The Alice Smith School Chamber Brunch 2017 - “Our Journey Through Time”

Join two renowned Alice Smith alumni, Martin Gilbert (Co-founder & CEO of Aberdeen Asset Management PLC) and Mark Lankester (CEO, Real Estate & Partnerships of Tune Hotels Group), who will share their memories and experiences of their journey to success.

The forum will be moderated by Andrew Sill, Managing Director, Country Head of Commercial Banking, HSBC Bank Malaysia Berhad and Head of Alice Smith School, Roger Schultz. Both Andrew and Roger bring with them vast years of experience in their respective fields.

Monday, 13th March 2017 (9.30am - 1.00pm)
Majestic Hotel Kuala Lumpur
For more information, click here
For reservations, click here

ALYA WTA MALAYSIAN OPEN 2017

28 February 2017

As its eighth successful iteration in Malaysia, the ALYA WTA Malaysian Open 2017 will once again showcase 32 of the tournament’s top Singles Players and 16 Doubles Teams vying for the Singles and Doubles titles respectively. With a prize pool set at USD 250,000 and international reputation to gain, the arena for the ALYA WTA Malaysian Open 2017 is set!

To Enjoy BMCC Discounted Rates, click Here
For more info, click here

Malaysia International Food and Beverage Trade Fair (MIFB) 2017
MIFB is a platform for businesses from the F&B industry to showcase their products and services at an international level. With enhanced international participation, more than 20,000 trade visitors from around the world are expected to join MIFB 2017.
The BMCC is proud to be an endorsing organisation of the MIFB 2017. For ticketing, booth bookings or any other inquiries, please contact Sulita Levaux at sulita@bmcc.org.my | Click here for more info
Malaysia Trade & Export Finance Conference 2017
Global Trade Review (GTR) welcomes you to join us for the Malaysia Trade & Export Finance Conference 2017, taking place at the Mandarin Oriental in Kuala Lumpur on March 14.

Decision makers within the market will convene to hear timely updates on topical issues such as government initiatives to increase international trade & investment, the primary business challenges facing the commodity sector and the knock-on effect of the Chinese economic slowdown on Malaysian growth.

[Download the full agenda here]

10 Free Corporate Pass Giveaways and 15% Discounts for BMCC Members. Click here for more info

IPSEF ASIA 2017
IPSEF is a well-established business conference addressing the ever changing and growing international and private schools markets. Taking place in Kuala Lumpur from 22-24 March 2017 this regional event draws school owners (individual schools and school groups) and the stakeholder community involved in supporting their expansion plans, whether in new or existing markets.

Click here for more info

[Download the IPSEF 2017 Brochure here]

Facon Education Fair (Feb - March 2017)

Happening across Malaysia throughout February and March, the BMCC is proud to be a supporting partner of the Facon Education Fair.

The path to your dream career starts here. Discover your life adventure in advance from a wide range of academic and career talks in medicine, law, engineering, dentistry, business, information technology and many more.

Key Features:
• Meet renowned local & world-class overseas institutions
• Gather information on a wide array of programmes
• Multi million worth in scholarships available

Click here for more

Alice Smith School Reach for the Stars Scholarships

Your last chance to apply for the Alice Smith School Reach for the Stars Scholarships.  Open to all SPM and I/GCSE students, the maximum length of each scholarship will be two years (the duration for A level studies in the Sixth Form). Scholarship benefits include a 25% tuition fees reduction in addition to the waiver of enrolment fee and building fund contribution worth RM25,000. Offers will be made through March and April for the start of the next academic year.

The Alice Smith School has a rich and vibrant 70 year heritage in Malaysia as an outstanding, not-for-profit British educational foundation. The underlying aim of these partial scholarship is to make Sixth Form study at the school more accessible to students who have the desire, drive and ambition to study in a truly diverse, dynamic and caring community, learning with exceptional teachers and with students from over 45 different nations. 

Don’t miss this exciting opportunity! All applications must be submitted by no later than Monday, 6th March 2017. Visit the school website www.alice-smith.edu.my for more information.

British Airways brings fashion royalty to Milan

British Airways celebrated its love of Milan by taking British supermodels Suki Waterhouse and David Gandy out onto the city’s fashionable streets for two very special photoshoots - followed by an exclusive fashion show and very British afternoon tea experience.

Suki kicked off a day of activities to celebrate travel and style and low fares between the style capitals of London and Milan available on BA.com, by posing in an incredible paper dress inspired by the airline’s heritage colours.It was created by acclaimed British fashion designer and artist Zoe Bradley and took over 100 hours to assemble. The stunning head piece features real tickets passengers usually receive at the airport. The dress travelled 965 miles from Cardiff, UK to Milan, Italy.

Continue reading here

Crown Malaysia signs an investment agreement with UEM Sunrise

Crown Malaysia has signed a Sales and Purchase agreement with UEM Sunrise Berhad on a new facility development in Iskandar Puteri, Johor. UEM Sunrise is a public-listed company and one of Malaysia’s leading property developers. Being the master developer of Iskandar Puteri, UEM Sunrise will develop SILC phase 3 to become the largest fully integrated urban development in Southeast Asia, providing significant investment, financial and business opportunities.


Continue reading here
One-Man Star Wars Trilogy Featuring Charlie Ross
 
This April, international show promoter, event and entertainment specialist Milestone Production will bring you on a ride of a lifetime into a galaxy far, far away. Organised to support United Nation’s International Day of Families, Milestone Production is bringing the critically acclaimed Broadway comedy parody “One Man Star Wars Trilogy” to Kuala Lumpur and Penang. The epic journey across the galaxy (officially endorsed by Lucasfilm) will be told through one man’s frenetic talents and energy at HGH Convention Centre Kuala Lumpur on 21 April 2017 and The Wembley’s Grand Ballroom @ St. Giles in Penang on 22 April 2017.

Click here for ticketing or more info
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