International Day of Banks

We would like to wish all our members, friends and connections a happy International Day of Banks!

International Day of Banks was instituted by the United Nations General Assembly to acknowledge the importance of banks and the role they play in the financial stability and development of their communities.

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Prime Minister Datuk Seri Anwar Ibrahim Announced Full Cabinet Line-Up

Prime Minister Datuk Seri Anwar Ibrahim has announced the full list of the cabinet line-up.

The full list of cabinet ministers are as follows:

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European Green Deal: Putting an end to wasteful packaging, boosting reuse and recycling

Today, the Commission is proposing new EU-wide rules on packaging, to tackle this constantly growing source of waste and of consumer frustration. On average, each European generates almost 180 kg of packaging waste per year. Packaging is one of the main users of virgin materials as 40% of plastics and 50% of paper used in the EU is destined for packaging. Without action, the EU would see a further 19% increase in packaging waste by 2030, and for plastic packaging waste even a 46% increase.

The new rules aim to stop this trend. For consumers, they will ensure reusable packaging options, get rid of unnecessary packaging, limit overpackaging, and provide clear labels to support correct recycling. For the industry, they will create new business opportunities, especially for smaller companies, decrease the need for virgin materials, boosting Europe's recycling capacity as well as making Europe less dependent on primary resources and external suppliers. They will put the packaging sector on track for climate neutrality by 2050.

The Commission also brings clarity to consumers and industry on biobased, compostable and biodegradable plastics: setting out for which applications  such plastics are truly environmentally beneficial and how they should be designed, disposed of and recycled.

The proposals are key building blocks of the European Green Deal's Circular Economy Action Plan and its objective to make sustainable products the norm. They also respond to specific demands of Europeans as expressed at the Conference on the Future of Europe.

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Technical Meeting with Construction Industry Development Board (CIBD)

EUROCHAM Malaysia delegation led by Mr. Oliver Roche and Mr. Sven Schneider alongside the Construction Sector Committee members, Mr. Sayed Daher, Mr. Vincent Kok, and Ms. Mr. Shoko Okui has received a cordial welcome from the CEO of the Construction Industry Development Board (CIDB), Datuk Ir. Ahmad 'Asri Abdul Hamid and team for the technical meeting between Construction Sector Committee and CIDB.

This meeting objectively provided exposure and understanding of current initiatives in the industry, to develop professional growth opportunities and strengthen the cooperation between EUROCHAM Malaysia and CIDB and. Aligned with the objectives, this meeting also discussed the pertinent issue in the industry such as talent challenges, Industrialised Building System (IBS), regulations, sustainability and digitalisation in construction.

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EUROCHAM Malaysia Welcomes New Member, Tropicana Corporation Berhad

We would like to welcome Tropicana Corporation Berhad as a new member of EUROCHAM Malaysia! We look forward to working together with your esteemed organisation, as we strive to bolster alliances within the EU-MY business community and our ecosystems.

Tropicana Corporation Berhad ("Tropicana") was incorporated in 1979, listed on the Main Market of Bursa Malaysia Securities Berhad in 1992, and rebranded in 2013. Tropicana has since become one of Malaysia's leading conglomerates with diversified business interests in Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings, and more.

Tropicana has also accelerated its digitilisation drive and rolled out platforms such as the Tropicana 360 mobile app to fully integrate our business into the online sphere. Tropicana strives to be the leading property group, that delivers innovative and quality products that enhance stakeholders' value.

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Portugal Restoration of Independence Day

We would like to wish all our members, friends and connections from Portugal a happy Restoration of Independence Day!

Restauração da Independência

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