Azmin: Aerospace SMEs must move up value chain into product, process designing

Revenue from the aerospace industry will reach RM30 billion by 2025, and it is imperative to enhance value creation across the whole chain to strengthen the industry's ecosystem in Malaysia.

International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said in this regard, Malaysian small and medium enterprises (SMEs) had been formidable in a narrow range of aerospace products and, thus, were required to move up the value chain into product and process designing.

He urged SMEs to fully capitalise and embrace advanced technology and high-value investments which comply with environmental, social and corporate governance practices.

Azmin pointed out that the adoption of advanced technology and digitalisation was pivotal in achieving a sustainable supply chain, where the transformation was not only limited to the companies but also suppliers as well as service and utility providers.

"The 12th Malaysia Plan (12MP) charts the direction for the advancement of the aerospace industry as a strategic sector that will realise the nation's aspiration to be a global powerhouse.

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MICG – 9th Governance in Procurement Conference 2021 Procurement Digitalisation for The Future

The world around us is constantly changing at a pace much faster than one can imagine, causing much uncertainty, ambiguity, and unpredictability in businesses. Working in the new normal brought by the COVID-19 pandemic, there are new expectations for businesses. Organisations must evolve to stay competitive and survive this era of disruption.

Procurement agility has to be discussed today to help organisations survive. Get a better understanding of how the Procurement and Supply Chain functions are stepping up to support the ESG agenda while enabling digital transformations to support organisations in their cost savings and business growth. Digital challenges, procurement integrity, regulatory compliances are some of the key issues facing organisations.

We are pleased to share that EUROCHAM Malaysia, in collaboration with the Malaysian Institute of Corporate Governance as a supporting partner of the 9th Governance in Procurement Conference 2021 Procurement Digitalisation for The Future, is promoting the event on Wednesday, 8 December 2021, from 9:00 AM to 4:30 PM. The theme “Procurement Digitalisation for The Future” is supportive of the 12th Malaysia Plan’s Policy Enabler 2: Accelerating Technology Adoption and Innovation. Do note that this will be a virtual event.

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[JOINT PRESS STATEMENT] ON THE LAUNCH OF VACCINATED TRAVEL LANES

A joint press statement has been issued by the Prime Minister of Malaysia and Prime Minister of The Republic of Singapore regarding On The Launch of Vaccinated Travel Lanes – joint press statement as follows:

Prime Minister of Malaysia Dato’ Sri Ismail Sabri Yaakob and Prime Minister of the Republic of Singapore Lee Hsien Loong spoke on the phone on 8 November 2021.

The Prime Ministers recognised that COVID-19 has disrupted people to people connections between the two countries, and separated families for many months. Given the significant progress that both countries have made in vaccinating their respective populations and managing the COVID-19 pandemic, the Prime Ministers agreed that it is timely to progressively resume cross-border travel between both countries, in a safe manner.

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Invest Selangor | Selangor International Business Summit 2021

On behalf of Invest Selangor, a fellow member of EUROCHAM Malaysia, we wish to inform all our members that Invest Selangor is organising the Selangor International Business Summit 2021 (SIBS 2021) on 18th-21st November 2021, held at Kuala Lumpur Convention Centre, Kuala Lumpur and we would like to invite our members to join or to attend the hybrid event.

Since its inception in 2016, this event will be the 5th edition of the state government-backed conference and exhibition series. The theme of this year’s event is ‘Selangor the Gateway to ASEAN’, as the event brings together global brands and congregating industry players from around the world.

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[UPDATED] NATIONAL RECOVERY PLAN SOP – PHASE 4

Here are the highlights of the latest updated SOPs for Phase 4 of the National Recovery Plan (NRP):

Areas Involved:

W.P. Labuan, Negeri Sembilan, Pahang, Melaka, Selangor, W.P. Kuala Lumpur, W.P. Putrajaya, Terengganu, Johor, Perlis, Perak, Pulau Pinang, Sabah and Kedah.

*This SOP must be read together with the Special SOP of the Federal Territory of Labuan.

** For Sabah, please refer to the National Recovery Plan - SOP Phase 4 Sabah.

*** For areas enforced by EMCO, the EMCO SOP in the area is effective until the expiry date of the EMCO.

Effective Period:

For W.P. Labuan starts on 26 August 2021 (starting 12.01 am).

For Negeri Sembilan starting on 24 September 2021 (starting 12.01 am).

For the State of Pahang starting on 8 October 2021 (starting 12.01 am).

For the State of Melaka, Selangor, W.P. Kuala Lumpur and W.P. Putrajaya starts on 18 October 2021 (starting 12.01 am).

For the States of Terengganu and Johor starting on 25 October 2021 (starting 12.01 am).

For the States of Perlis, Perak, Penang, Sabah and Kedah starting on 8 November 2021 (from 12.01 am)

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[UPDATED] NATIONAL RECOVERY PLAN SOP – PHASE 3

Here are the highlights of the latest updated SOPs for Phase 3 of the National Recovery Plan (NRP):

Areas Involved:

Sarawak and Kelantan.

*For Sarawak, please refer to the National Recovery Plan - SOP Phase 3 Sarawak.

** For areas enforced by EMCO, the EMCO SOP in the area is effective until the expiry date of the EMCO.

Effective Period:

Starting on 16 August 2021 (starting 12.01am).

*For Kelantan, starting on 18 October 2021 (starting 12.01 am).

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