On behalf of The Malaysia Competition Commission (MyCC), we would like to share that MyCC will be hosting the 3rd Malaysia Competition Law Conference 2022 (hybrid) with a focus on “Digital Economy, Merger & Bid Rigging”.

The Conference aims to foster effective implementation of competition law and policy in Malaysia, particularly with regard to current trends in competition enforcement and international cooperation in the face of recent global challenges.

The Conference will be officiated by YAB Dato’ Sri Ismail Sabri Yaakob, Prime Minister of Malaysia, and will also feature highly respected local and internationally renowned moderators and panelists who will share, discuss, debate, and dissect significant new developments that will impact the future of competition law and the market in Malaysia.

On behalf of our fellow member, Standard Chartered, EUROCHAM Malaysia as a supporting partner would like to invite our members to participate in the upcoming event (physical) regarding Digital Trends in Manufacturing – Driving Better Business Outcomes.

Join their esteemed panel of experts to gain insight into digitalisation trends for manufacturers from a regional perspective, a look into increasing sales via digital platforms as well as improving efficiency with the connected factory – in terms of timely access to data aggregated from the operations, and on saving on energy, fulfillment and other operational costs.

Malaysian Investment Development Authority (MIDA) has issued a media release entitled Malaysia Records RM42.8 Billion Approved Investments For The First Quarter 2022 – media release as follows:

Malaysia has attracted a total of RM42.8 billion (USD10.2 billion) approved investments in the manufacturing, services and primary sectors, involving 910 projects in January to March 2022. The foreign direct investments (FDI) remained the major contributor, at 65 per cent or RM27.8 billion (USD6.6 billion), while investments from domestic sources contributed 35 per cent amounting to RM15 billion (USD3.6 billion). The approved investments for this period will create 24,906 new jobs in the country.

During the period, the manufacturing sector continued to assume an important role in driving the country's economic recovery, accounting for more than half (70.1 per cent) of total approved investments of RM30 billion (USD7.1 billion), followed by the services sector at RM12.7 billion (USD3 billion) (29.7 per cent) and the primary sector at RM0.1 billion (USD40.4 million) (0.2 per cent).

Ericsson (NASDAQ: ERIC) has commissioned a new facility at the Kuala Lumpur International Airport (KLIA) that will expand its regional distribution capacity and the strategic role of Malaysia in the company’s ability to support the smooth operations of customer networks in the Asia Pacific region.

Catering to more than 20 countries, the Ericsson Distribution Center in Malaysia is responsible for the management of hardware inventory and spare parts in the Asia Pacific region.

The center manages inventory of new and serviced equipment as well as inventory replenishment, receiving equipment from other countries and delivering serviced equipment.

The new distribution facility will complement the Maintenance and Support Center in Malaysia, allowing Ericsson to improve delivery of support services to customers in the Asia Pacific region.

EUROCHAM Malaysia conducted a very engaging and productive healthcare sector committee together with YBhg Tan Sri Dato’ Seri Dr. Noor Hisham Abdullah, Director General, Ministry of Health Malaysia (MOH) today. In attendance for the healthcare sector committee meeting were Mr. Sven Schneider, CEO, EUROCHAM Malaysia, Dato Michael Wong, Board of Director, EUROCHAM Malaysia, Mr. Jordi Pol Ramon, Chairman, La Camara, Malaysian Spanish Chamber of Commerce and Industry, and the EUROCHAM Malaysia team, alongside other committee members that include:

- Dr. Emil Azril Bahari, General Manager, Government Affairs and Market Access, ASEAN, B Braun Medical Industries;

- Mr. Azhan Mokhtar, Senior Manager, Public Affairs, Fresenius Medical Care;

- Dr. Vicknesh Krishnan, Associate Medical Director, Fresenius Medical Care;

- Ms. Wuan Yin Liew, Head of Value & Access and KAM, Novartis;

- Ms. Amilia Arshad, Market Access and Pricing Lead at Bayer Co. (M) Sdn Bhd;

- Mr. Michael Leddin, Managing Director, Vamed Healthcare Services Sdn Bhd; and

- Ms. Meta Liaztiza Puteri, Corporate Affairs, KPJ Healthcare Berhad.

Participate in the EUROCHAM Malaysia Digital Economy Survey!

The COVID-19 pandemic has accelerated the process of digital transformation and added urgency for governments and businesses to respond. From micro-enterprises to multinational conglomerates, businesses in every sector and every region of the world are becoming increasingly dependent on information and communication technologies (ICTs) and a secure, stable, and trusted Internet to carry out their daily operations.

With this survey, EUROCHAM Malaysia and valued Bilateral/Associate Chambers seek to measure the digital approach and digital maturity of European and Malaysian organisations operating in Malaysia as well as better understand the impact of the pandemic on the digital transformation strategies of these organisations. Correspondingly, we would like to further understand the general sentiment on the digital economy.