A new hydrogen economy is expected to contribute between RM49bil and RM61bil to Malaysia’s gross domestic product by 2030, says the Prime Minister.

Datuk Seri Anwar Ibrahim added that a total of 45,000 job opportunities would also be created under the proposed Hydrogen Economy Technology Roadmap (HETR).

“The HETR that was discussed and agreed upon during the National Science Council would support the country’s Low Carbon Aspirations 2040 under the 2022–2040 National Energy Policy.

“The market for green hydrogen is projected to reach US$189.19bil,” Anwar said in a statement read by Science, Technology and Innovation Minister Chang Lih Kang at the National Science Centre yesterday.

On behalf of our fellow member The International School of Kuala Lumpur, we would like to highlight on the Earth Week celebration held by the school.

The International School of Kuala Lumpur held a week-long celebration in honor of Earth Week, emphasizing the importance of environmental stewardship across all divisions.

Elementary School students participated in the "Panther Swap," a clothes exchange event promoting recycling and reusing garments. Through swapping clothes, students learned the value of extending the life of garments and minimizing waste while fostering a sense of community.

Middle School students took part in various eco-conscious activities, such as compost planting, made "Planet Pledges" to commit to personal environmentally-friendly actions, and showcased their artistic talents in a drawing competition centered around environmental themes.

High School students organized Earth Fest, an event celebrating Earth Day through interactive activities. This initiative highlighted the urgency of environmental issues and encouraged students to take responsibility for their role in preserving the planet.

Malaysia approved RM71.4bil worth of investments in the first quarter of 2023 and the Malaysian Investment Development Authority (Mida) says the country attracted more foreign direct investments (FDIs) than domestic direct investments (DDIs) in the period.

“FDI contributed RM37.5bil, representing 52.5% of the total approved investments, while DDI accounted for RM33.9bil, or 47.5% of the total approved investments,” Mida said in a statement.

Mida noted the top five states that attracted the approved investments were Federal Territory of Kuala Lumpur with RM21.8bil, followed by Johor with RM10.6bil, Selangor with RM7.4bil, Perak with RM7.1bil, and Sabah with RM6.3bil.

“This underscores Malaysia’s continued appeal as an investment powerhouse. Both FDIs and DDIs almost match each other in value. From a domestic perspective, this clearly reflects renewed confidence in Malaysia’s growth prospects.

We would like to wish all our members, friends and connections a Happy World Ocean’s Day!

“Planet Ocean: Tides are Changing”

EUROCHAM Malaysia is proud to present our newly developed corporate video! As we continue our journey to bolster alliances, we strive to pursue our efforts to build a greater EU-MY ecosystem.

We thank all our trusted corporate partners, strategic partners, bilateral and associate chambers, members and friends for the endless support and collaborations as we work together to build and strengthen partnerships within the EU-MY business community. We are truly #strongertogether.

We would like to wish all our members, friends and connections a Happy World Food Safety Day!

“Food standards save lives”