Happy Malaysia Day!

Happy Malaysia Day! 
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A media statement has been issued by the Ministry of Communications and Multimedia Malaysia (MCMM) regarding MCMM Announces Malaysian Family Youth and Device Packages – media statement as follows:

The Ministry of Communications and Multimedia Malaysia (MCMM) has received feedback from the public regarding telecommunication services.  Many want better connectivity, affordable prices and ensuring better quality delivery especially during the period of Movement Control Order (MCO) which saw a sharp increase in internet usage for various purposes such as learning activities, commerce, and even entertainment.

The government has a responsibility to ensure that everyone has access at an affordable cost to take advantage of the Internet. Recently, I have met with telcos to discuss ways to help the people in the short term.

I am pleased to announce a new package to help the group of youth and students acquire Internet access and for all especially the underprivileged, affordable smart devices.

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BizTalks Webinar #13/2021 – Placemaking in an Urban Setting Post Pandemic

In case you missed out on our webinar yesterday, 14 September 2021 with KSK Land on the topic of Placemaking in an Urban Setting Post Pandemic.

Here are some of the key takeaways from the BizTalks Webinar:

- The value of integrating placemaking into urban sustainability to the community;  

- The pivotal role of technology and digitisation in property management; and

- Understanding placemaking at a hyperlocal level.

We’d like to thank our speakers Joanne Kua, Chief Executive Officer of KSK Group & Managing Director of KSK Land and AR. Hud Bakar, Principal & Director of RSP KL for their very engaging and interesting discussion on the topic of Placemaking in an Urban Setting Post Pandemic.

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Johor Vision Workshop together with Johor State Government and JCorp

EUROCHAM Malaysia was invited to participate in the Johor Vision Workshop that was held over the weekend. We would like to extend our sincere gratitude and appreciation to YAB Dato’ Haji Hasni bin Mohammad, Menteri Besar Johor, the Johor State Government and Johor Corporation (JCorp) for the invitation to participate in the Johor Vision Workshop. It was an informative and thought-provoking workshop session.

Also present at the workshop were Dato’ Dr Badrul Hisham Kassim, Johor Deputy State Secretary (Development) and YBhg Datuk Syed Mohamad Syed Ibrahim, President and Chief Executive of JCorp.  We look forward to more future engagements with the Johor State Government and JCorp.

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NextGenerationEU: Fourth bond issuance maintains strong momentum for EU borrowing for recovery

The European Commission has today raised a further €9 billion to support Europe's recovery from the coronavirus crisis and its consequences, through the fourth NextGenerationEU bond issuance since the start of the programme in mid-June. The European Commission issued a 7-year bond due on 04 October 2028. The bond was largely oversubscribed - over 11 times, with books exceeding €103 billion.

The strong demand confirms the ongoing interest by investors in EU securities, which enabled the Commission to place the bonds under very favourable pricing conditions, fully in line with the remarkable performance of the NextGenerationEU programme so far.

Commissioner in charge of Budget and Administration, Johannes Hahn, said: ”With the fourth transaction under NextGenerationEU, we have built on the success of the initial deals. This transaction allows the Commission to maintain a steady flow of funding to our Member States, to support the recovery and help rebuild a greener, more digital and more resilient Europe.

This is the fourth transaction under the NextGenerationEU programme, following the €20 billion 10-year bond that the Commission issued on 15 June 2021; the dual-tranche transaction of €15 billion from 29 June 2021 – that consisted of a €9 billion 5-year bond and a €6 billion 30-year bond, and the €10 billion 20-year bond issued on 13 July 2021.

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BizTalks #15/2021 Protection & Financing for Small and Mid-Sized Enterprises (SMEs)

Join us on Thursday, September 23, 2021, at 3 PM (+8 GMT) for our BizTalks webinar with AXA Affin General Insurance Berhad on the topic of Protection & Financing for Small and Mid-Sized Enterprises (SMEs).

Learning effective and cost-saving methods are vitally important as well as managing protection and financing in Malaysia especially for Small and Mid-Sized Enterprises (SMEs). This webinar will share some insights that address the challenges that may be faced in Malaysia.

This webinar will focus on the importance of transferring insurable risk to proper risk through a proper risk transfer mechanism, in addition, it will provide further information for business owners to learn ways to defend and protect the business legacy. Join us for a beneficial and informational session by Weng Eu Gene, Head of SME and Commercial Agency at AXA Affin General Insurance Berhad together with Calvin Goon, Head of Wealth Management at Affin Bank Berhad on the topic of Protection & Financing for Small and Mid-Sized Enterprises (SMEs).

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