Meeting with MIDA: Strengthening Partnerships for a Prosperous Future

We are delighted to share our meeting between EUROCHAM Malaysia and the Malaysian Investment Development Authority (MIDA) this week. This meeting reaffirmed our strong partnership and focused on our shared goals for the future. MIDA continues to be a crucial stakeholder for EUROCHAM as we work together to enhance Malaysia's investment landscape, making it an attractive destination for EU businesses.

Key points from our meeting:

🔹 Collaboration in New Growth Areas and Key Sectors: We're excited to explore new opportunities and strategic sectors that can drive mutual growth.

🔹 Increasing EU FDI: We are committed to facilitating Foreign Direct Investment (FDI) from the EU and encouraging existing EU businesses to expand or reinvest in Malaysia.

🔹 Maintaining and Strengthening Relationships: We look forward to continuing our strong relationship with MIDA to ensure sustained economic growth and development.

Member Event Update: Announcing the UM Research Carnival (UMRC) by Universiti Malaya

Universiti Malaya (UM), a proud member of EUROCHAM Malaysia, is thrilled to announce the UM Research Carnival (UMRC)!

Objective of the event:

• Showcase UM's cutting-edge research outputs and activities
• Network and engage with industry, society, government, and policymakers
• Foster multidisciplinary interactions among researchers and stakeholders
• Promote impact-driven and societal-focused research

🇫🇷✨ Happy Bastille Day! 🇫🇷✨

Today, we join our French friends in celebrating this historic day. Bastille Day marks the beginning of the French Revolution, a pivotal historical moment symbolising liberty, equality, and fraternity. Let’s celebrate the spirit of freedom and unity!

EUROCHAM Malaysia Visit to MDEC: Strengthening Collaborations for a Digital Future

EUROCHAM Malaysia had an enriching meeting with the Malaysia Digital Economy Corporation (MDEC) today. We explored potential collaborations in key areas such as:

• Digital Transformation: Enhancing the digital capabilities of businesses in Malaysia to boost efficiency and competitiveness.
• Artificial Intelligence: Implementing ethical AI practices guided by the EU AI Act to foster innovation and optimize operations across various sectors.
• Data Governance: Adopting best practices in data breach protection and robust data management to ensure security, compliance, and effective data use.

Strengthening EU-Malaysia Business Relations: A Productive Parliamentary Special Select Committee Meeting

Yesterday, EUROCHAM Malaysia had the privilege of hosting the Parliamentary Special Select Committee on Infrastructure, Transportation, and Communication. Supported by representatives from our corporate partners, members, and our Automotive, Construction, and Digital Business sector committees, it was a highly productive meeting to discuss the opportunities and challenges faced by the EU business community in Malaysia.

Key discussion points included:

• Automotive Sector: Emission standards, policy regulations, and sustainable transport systems
• Digital Business: The transformative potential of 5G in driving Malaysia's digitalisation efforts
• Construction: Advocacy priorities such as sustainable construction methods, the adoption of Eurocodes, and the digitisation of the sector

Four Seasons Hotel Kuala Lumpur a fellow member of EUROCHAM Malaysia is hosting the upcoming Terry Fox Fun Run. We are delighted to extend an invitation to our members to participate.

The Terry Fox Run began in 1980 when 22-year-old Terry Fox ran 5,374 kilometers across Canada to raise awareness and funds for cancer research, despite losing his leg to bone cancer. His legacy continues to inspire millions.