Issue #235 - 18 Jan 2021
BMCC in Conversation with His Excellency Charles Hay MVO, British High Commissioner to Malaysia
The UK voted to leave the EU in 2016 and officially withdrew from the trading bloc on 31 January 2020. After 11 months of transition, the separation took full effect on 1 January 2021. Post-EU-Exit, how is the UK government responding to the changes affecting UK businesses and their international trading partners?
For an overview to help you understand the new business landscape, join us for an exclusive digital conversation with HE Charles Hay MVO, British High Commissioner to Malaysia, where he will be sharing:
- Updates on the EU Exit
- Insights on bilateral relations with Malaysia
- UK Government priorities for 2021
Date: Monday, 25 January 2021
Time: 4.00pm - 5.00pm (MY Time)
His Excellency will also be taking questions in a Q&A session after his presentation. Please feel free to submit your questions to firstname.lastname@example.org before the event.
Invitation to Participate in BMCC Interest Groups
Leveraging the UK and Malaysia’s robust bilateral trade and investment relations to continue creating business opportunities for our members based on current economic conditions, we are in the midst of establishing “Interest Groups” with the aim of strengthening focused engagement with our members.
These interest groups will enable BMCC to deliver the right initiatives for relevant information sharing and productive collaborations, and at the same time advocate business interests, address specific challenges and foster partnerships between the business community and the Government.
We would like to invite our esteemed members to be part of these groups:
- Green Initiative (Climate Change, Sustainable Finance)
- Tax & Government Relations
- Digital Economy
- Diversity & Inclusion
- Health & Wellness
- Small & Medium Enterprise (SME)
Only for BMCC members. Register your interest here.
We look forward to your participation.
Prime Minister Announces New RM15b Permai Stimulus Package
Prime Minister Tan Sri Muhyiddin Yassin has announced a new economic assistance package worth RM15 billion on 18 January 2021 to mitigate the impact of COVID-19. The package strengthens the current initiatives in place to help Malaysians cope with the economic impact of COVID-19.
In a televised address, the prime minister said a total of 22 initiatives will be implemented under the Malaysian Economic and Rakyat Protection Assistance Package, dubbed the PERMAI aid package, based on three main objectives: to combat the COVID-19 pandemic; to protect the people's welfare; and, to support business continuity.
Among the highlights:
- Wage Subsidy Programme: For a period of one month, eligible employers will receive a subsidy of RM600 for each employee with a salary of less than RM4,000, limited to 500 workers.
- Foreign-owned companies operating in Malaysia will be allowed to obtain a guarantee under the Danajamin PRIHATIN Guarantee Scheme (SJPD), provided that local employees account for at least 75 per cent of their workforce.
- The Prihatin Special Grant Plus assistance will be expanded to cover 500,000 Small and Medium Enterprises (SMEs) in states under the MCO with a payment of RM1,000 each, while 300,000 SMEs in other states will receive RM500 each.
- All Tenaga Nasional Bhd (TNB) users, both domestic and non-domestic, will receive a rebate at a rate of two sen per kilowatt-hour for a period of six months, equivalent to a reduction in electricity bills of up to nine percent for a period of six months from 1 January to 30 June 2021.
Speech text in English here
Permai package infographic 1 (BM / ENG) here
Permai package infographic 2 (BM / ENG) here
Permai package infographic 3 (BM / ENG) here
Official Emergency Ordinance 2021 (Gazetted)
The Emergency Ordinance 2021 has been officially gazetted on 14 January 2021. It takes retrospective effect from 11 January 2021, the day Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah issued his proclamation of Emergency under Article 150 (1) of the Federal Constitution to safeguard the country from the economic threat posed by the Covid-19 pandemic.
Federal government gazette (BM / ENG) here
National Energy Awards 2021: Call for Award Submissions
The Ministry of Energy and Natural Resources is calling for submissions for the National Energy Awards (NEA) 2021. The NEA is a platform to highlight the development of ideas and best practices in driving the country’s sustainable energy sector. It is also a strategic move to promote innovation in local projects and solutions in line with the country’s aspiration to spur energy sector as the new area for economic growth.
The award recognises the efforts of the public and private sectors across Malaysia in energy innovation and shall manifest a positive impact to the Rakyat as well as to create awareness on a broad level across the different facets of society.
Submission deadline: Friday, 26 February 2021
On 16 January 2021, the Royal Malaysia Police released an FAQ on travel related to personal affairs, work and business operations in MCO/ CMCO/ RMCO areas. It details out the situations in which police permission is required for travel and how to obtain the said approval.
FAQ in Bahasa Malaysia here
BP Malaysia's New Head of Country visits BMCC
BP Malaysia’s new Head of Country, Luke Joseph, dropped by the BMCC office on 11 January 2021 for a visit to understand our offering to members, share BP’s priorities and discuss potential collaboration opportunities. Accompanying him on the visit was the outgoing Head of Country, Ainol Roznain Yaacob.
Heartiest congratulations to Luke on his new appointment. The BMCC looks forward to continuing our long-standing relationship with BP and strengthening our engagement under his leadership. We would also like to thank Ainol for his erstwhile support of the BMCC and wish him all the best in his future endeavours.
A Sterling member of the BMCC, BP is one of the largest British investors in Malaysia with total investments of more than USD2.5 billion. Beginning as a small petroleum marketing operation, BP has progressed significantly in Malaysia over the past 50 years and now has a workforce of approximately 1,000 employees across the country. Visit the BP Malaysia website here.
Representing BP Malaysia: Luke Joseph (New Head of Country, BP Malaysia), Ainol Roznain Yaacob (Outgoing Head of Country, BP Malaysia)
Representing BMCC: Jennifer Lopez (Chief Executive Officer), Roufizah Razali (Senior Manager, Membership and Strategic Partnerships) and Hafiz Ahmad (Trade Manager)
Congratulations, Ms. Deborah Clarke OBE!
The BMCC would like to congratulate Ms. Deborah Clarke
, Department for International Trade Country Director, Malaysia and BMCC board member
, on being conferred an OBE for her services to international trade by Her Majesty The Queen in the New Year Honours List 2021
As a board member of the BMCC, Debbie’s passionate and instrumental involvement in the promotion of UK-Malaysia trade relations and in supporting UK businesses’ market entry and operations in Malaysia through the Chamber’s activities is invaluable.
Heartiest congratulations on the well-deserved recognition from all of us at the BMCC!
UK Waste Management Companies: Invitation to Join the BMCC Meet the Buyer Programme
Are you a UK waste management company ready to export to Malaysia?
Join us at our upcoming virtual Meet the Buyer Programme, where you will stand a chance to pitch your technology to potential partners in Malaysia!
As part of the UK’s initiative to enhance its trade with the world, the BMCC (Official Delivery Partner for the DIT in Malaysia) is here to provide support in matching the right UK exporter with a potential importer from Malaysia.
Dates: Monday, 22 February 2021 & Tuesday, 23 February 2021
Time: 4.00pm - 6.00pm (MY Time) / 8.00am - 10.00am (UK Time)
Register for the programme here.
British Chambers of Commerce Webinar:
Rules of Origin - The Practicalities
The British Chambers of Commerce and UK Trade Policy Observatory (UKTPO) have teamed up to bring you another event following on from the EU Exit Trade Agreement confirmed at the end of 2020.
This event is a deeper dive to look at the practicalities of Rules of Origin and their application for importers and exporters, and will be of interest to those who are interested to find out more about UK-EU trade details.
Date: Tuesday, 19 January 2021
Time: 12.30pm - 1.30pm (UK Time)
Limited free tickets are available for BMCC members on a first-come-first-served basis.
British Chamber of Commerce Singapore
SIEW Energy Insights Webinar Series:
Asia's Role in the Energy Transition
Gain unique insights into emerging trends and key issues facing the energy industry at the first edition of the SIEW Energy Insights Webinar Series ‐ 2021, featuring Co-Chair of BritCham's Energy & Utilities Committee, Allard Nooy.
In partnership with the Atlantic Council Global Energy Forum, this SIEW Energy Insights webinar will bring together expert speakers to discuss Asia’s role in the energy transition.
All webinar attendees will be extended complimentary access to the Atlantic Council Global Energy Forum, taking place virtually from 19-22 January 2021.
Date: Wednesday, 20 January 2021
Time: 5.00pm (MY/SG Time)
Charterhouse Hartamas is an English-medium Sixth Form college with a modern international outlook. We prepare our students for A-level exams in a varied and dynamic learning environment. As an Asian edition of one of Britain’s most prestigious public schools, we believe we have the best of both worlds, benefitting from the legacy of heritage while positioned to harness the exciting potential of the future. Our shared DNA with Charterhouse UK means the values and traditions of our parent school are engrained in the culture of our school, but our outlook is modern. Everything about the school, from the curriculum design to the layout of learning spaces, is derived from our education ethos, Study, Create, and Inspire.
Richard Davidson (Head Teacher, Charterhouse Malaysia Sdn Bhd)
Cairnsmore is an off-shore fund management business primarily serving institutional investors, endowments, family offices and high net worth individuals. The company runs a single public equity fund investing across ASEAN.
Patrick David Russell (Chief Executive Officer, Cairnsmore Services Sdn Bhd)
Marlborough College Malaysia
Online Open Day
Online Admissions Event
A Marlborough College Malaysia education offers
• Co-education from age 3 - 18 years
• Boarding and day
• UK National Curriculum, IGCSE and IB Diploma
Date: Thursday, 28 January 2021
Time: 2.00pm (MY Time)
For more information click here.
Three60 Energy Targets Significant Growth and Creation of 50 Global Positions
Thriving at a time of unprecedented challenges for businesses, Aberdeen-headquartered global energy service group Three60 Energy
expects to recruit at least 50 new staff members globally this year, boosted by international expansion, new contract awards and demand for its digitally enhanced services in 2020.
Several of the 50 mentioned jobs will be created in Malaysia, adding to its Kuala Lumpur regional hub, THREE60 Energy Asia Sdn Bhd (formerly known as LEAP Energy Partners Sdn Bhd).
The company attributes a significant part of its success in 2020 to the ability to successfully transfer experience, knowledge and advice from their deep North Sea heritage not only to the Malaysian market but also to the wider Southeast Asian region.
Knight Frank Malaysia Research Report:
Real Estate Highlights 2nd Half of 2020
Knight Frank Malaysia has launched its latest research report, Real Estate Highlights 2nd Half of 2020, on the state of Malaysia’s property market, emerging property trends and outlook in key markets of Malaysia amid COVID-19.
Office demand has weakened during the pandemic, which will potentially switch the workplace trend from a centralised model to a virtual model in the future. In the media release for the report launch, it was mentioned that organisations that have been adopting hybrid working model since the start of MCO may find this model beneficial and consider it as a go-to model moving forward. Meanwhile, the residential market is expected to remain challenging in the first half of 2021 on the back of current ongoing political uncertainties and the worsening COVID-19 crisis, which are sidelining property buyers and developers.
International SOS Virtual Event:
Race to Recovery – Asia Health, Wellness and Security Conference 2021
Brought to you by the Asia Remote Health Committee, a chapter of the International SOS Foundation, we are pleased to kick off our eighth edition of the Asia Health, Wellness and Security Conference on 21 January 2021.
The 2021 conference series consists of 3 virtual events and master classes throughout 2021. Centred on the conference theme of Recovery, Resilience, Reinvention, the conference will navigate topics around employee health, wellness and security, and workforce resilience, targeting HSE, HR, BCP, Security and Medical professionals across various industries in Asia.
Our first virtual event, “Race to Recovery” on 21 January will feature Keynote Speaker, Prof Paul Tambyah, President-Elect of the US-based International Society of Infectious Diseases on the topic of “COVID-19 Vaccines : A Game Changer?”
Date: Thursday, 21 January 2021
Time: 10.00am - 11.30am (MY/SG Time)
View agenda and register here
Celebrating 75 Great Years at the Alice Smith School
As the the first British international school in Malaysia and the only 'not for profit' British international school in Kuala Lumpur, the Alice Smith School is proud to celebrate 75 years of great success. We are passionate about the difference we make and proud of our excellent reputation in providing an outstanding and thriving all-round education based on the British curriculum for 3 to 18 year olds.
In sharing our success, the Alice Smith School is offering 75% off enrolment fee and a one-off RM75 application fee for the first 75 families applying for September 2021 intake, applicable to all year groups.
Apply NOW and discover how your child will thrive in an innovative learning environment.
Science Career Asia Talent & Business Connectivity for Challenging Times
The current COVID 19 is posing challenges to international companies in Malaysia. Many are cutting back on human resource and eliminating all training and internship programmes.
However, as gaining access and nurturing talents provides one of the ultimate competitive edges of business, neglecting them will make recovery more difficult and impede business growth.
Meanwhile, restriction in mobility and travel is constraining normal business engagements, hampering the bottom line.
Learn about our “International Internship Program” which is part of our larger project “Talent & Business Connectivity for Career Development” which serves to enhance talent and business connectivity and for sustainable human resource development.
We work with specially selected local universities and provide you with value added services to meet your needs at this challenging time.
Please feel free to contact email@example.com / call +6016-6361734 (Ms Wee) for more information or register your interest here.