On behalf of our corporate partner Futurise, we would like to invite all our fellow members to attend the MoU Signing between Futurise  and Iskandar Investment Berhad featuring Akademi Kecemerlangan Sukan Negara (AKSADRON) happening tomorrow!

The MoU Signing ceremony 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.

YAB Dato’ Sri Ismail Sabri Yaakob, Prime Minister of Malaysia will be officiating the MoU Signing ceremony 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.

The Economic Planning Unit (EPU) of the Prime Minister's Department will prepare a mid-term study on the 12th Malaysia Plan (12MP) to assess and review the existing policies and targets.

Prime Minister Datuk Seri Ismail Yaakob said it would be carried out between this September and September next year to ensure all development goals could be achieved.

He said Malaysia's performance for the 2022 Budget development expenditure performance stood at 50.35 per cent as at Aug 15, compared with 26.4 per cent on April 15.

He said unspent allocations must be returned to the Finance Ministry to be distributed to ministries in need of funds.

We would like to wish all our Hungarian members, friends and connections a happy St. Stephen’s Day!

Szent István napja

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

We come together to show the importance, effectiveness, and positive impact of humanitarian work.

The temporary freeze on applications to hire foreign workers will be lifted starting this coming Friday, says Minister of Human Resources, Datuk Seri M. Saravanan.

He said although the temporary freeze had been decided upon earlier, the new decision was made after taking into consideration the request from the industries to lift the temporary freeze.

"I've decided to approve (the industries' request), so the freeze has been lifted and we will process the new applications from this Friday.

"We've decided that all the earlier applications to hire some 400,000 foreign workers to proceed before the end of this month," he told reporters after meeting with several business associations at Wisma HRD Corp, here.

EUROCHAM Malaysia together with our fellow member Invest Johor organised and coordinated the Johor State Engagement and Roundtable Discussion with the European Chambers with the theme, Foreign Direct Investment (FDI) Trends to Watch Post COVID yesterday.

The focus of the discussion was to understand the sentiments about Malaysia and Johor in terms of investment opportunities in 2022 and 2023 from the perspective of the EU chambers of commerce as well as to gather input from the EU chambers, embassies and trade offices to increase and improve the investment opportunities in Johor.

We would like to thank Invest Johor together with YB Lee Ting Han, Johor State Executive Council and Investment, Trade and Consumer Affairs Committee Chairman, and Pn Zarina binti Abdul Kadir, CEO of Invest Johor working alongside us for a successful, productive, and insightful meeting with our EU bilateral associate Chambers, embassies and trade offices that also attended the engagement and roundtable discussion.