The European Commission has today raised a further €6 billion in NextGenerationEU funds with its second NextGenerationEU green bond syndication. Due on 04 February 2043, this 20-year bond brings the total long-term financing raised under NextGenerationEU to €99.5 billion, of which €20.5 billion in NextGenerationEU green bonds.

This bond issue was more than 13 times covered by investor orders and represents the largest green bond issued in 2022 to date. The size and quality of the order book confirm investor confidence in the EU's green bond programme. 

Proceeds raised from the deal will boost Europe's green transformation by financing sustainable investments in the Member States' Recovery and Resilience Plans. The syndication follows on from the Commission's record-breaking €12 billion, 15-year green bond transaction in October 2021, and its €2.5 billion tap in February 2022.

Connecting and building relationships is the name of the game – networking is the key to success and we couldn’t agree more!

EUROCHAM Malaysia is delighted to start the second quarter of the year with another anticipated networking session! Where there will be some light refreshments, drinks, and a whole lot of fun – we want to take this time to connect and further build our relationship with our fellow members and colleagues from our EU bilateral chambers.

We welcome our fellow members to join us at our networking event together with KSK Land

EUROCHAM Malaysia will be hosting our upcoming BizTalks Webinar together with KPJ Healthcare Berhad on the topic of Managing Mental Health this month!

This webinar will be highlighting who has been most affected and summarises the effect of the pandemic on the availability of mental health services and how this has changed during the pandemic. Ever since the beginning of the pandemic, an increasing amount of people are experiencing work-related stress. In the first year of the COVID-19 pandemic, the global prevalence of anxiety and depression increased by a massive 25%, according to a scientific brief released by the World Health Organisation (WHO earlier this month.

Connecting and building relationships is the name of the game – networking is the key to success and we couldn’t agree more!

EUROCHAM Malaysia is delighted to start the second quarter of the year with another anticipated networking session! Where there will be some light refreshments, drinks, and a whole lot of fun – we want to take this time to connect and further build our relationship with our fellow members and colleagues from our EU bilateral chambers.

Malaysia's tourism industry is on the right track to recovery, with over 250,000 tourist arrivals and departu­­­­res in the first four days of border reopening.

Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri said however, as some countries had not opened its borders for travel, there had been no influx of tourists just yet.

"As of April 4, there are about 252,000 tourist arrivals and departures in Malaysia, and while a majority of them are Malaysian citizens coming back from overseas, from there we can expect that our figures (of international tourists) will be higher.

"Borders for countries like China and Japan, among our biggest markets, are still closed due to their governments' restrictions, so we'll monitor our progress in three months and review our targeted figures," she said after launching the Ola & Oli Kids' Safe Travel campaign here, today.

EUROCHAM Malaysia will be hosting our upcoming BizTalks Webinar together with Crowe Malaysia on the topic of Expatriate Tax Filing Requirements in Malaysia this month!

The webinar will be touching on the different income tax treatments that different countries have on individual/personal income tax. Malaysia adopts a territorial scope of taxation and the Malaysian Inland Revenue Board (“MIRB”) has introduced the self-assessment system with effect from the Year of Assessment (“YA”) 2004. Under the self-assessment system, an assessment is deemed to be made by the tax authorities on the day the return is submitted.

Join our experienced speakers from Crowe Malaysia, Ms. Shalina Jaafar, Executive Director, Global Mobility Services, and Ms. Monaliza Mohd Ali, Director, Global Mobility Services who will share an overview of the expatriate tax filing requirements in Malaysia and briefly explain the submission of the 2021 Form e-BE/e-M via e-Filing.