Malaysia’s economy is set for a gradual recovery, with real gross domestic product growth at 3.1% in 2021 and projected to accelerate to about 5.75% in 2022, thanks to the authorities’ impressive Covid-19 vaccine roll-out and swift implementation of economic policy support measures.

The International Monetary Fund (IMF) in its "2022 Article IV Mission with Malaysia" end statement released on Sunday (Feb 13) said the recovery nevertheless would remain uneven, with sizeable economic slack and substantial medium-term pandemic-related risks.

The IMF team recommended additional near-term targeted fiscal support towards vulnerable and hard-hit segments of the economy and productive investments.

It said near-term support should be combined with a medium-term fiscal consolidation plan, underpinned by budgetary reforms, to rebuild buffers and safeguard sustainability.

On behalf of the EU-ASEAN Business Council, as a supporting partner, EUROCHAM Malaysia would like to invite our members to participate in the upcoming webinar by EU Delegation to ASEAN and EU-ASEAN Business Council regarding EU & ASEAN Green Transition: Focus on Renewable Energies happening Thursday, 24 February 2022 at 4PM (SGT).

In the framework of the EU Industry Days and Week 2022, the EU Delegation to ASEAN and the EU-ASEAN Business Council is organising a webinar EU & ASEAN green transition: focus on renewable energies.

The webinar will offer an overview of ongoing actions in the EU and ASEAN to support the EU green deal priorities and green agenda with a focus on renewable energies. It will present the opportunities that the Team Europe Initiative might offer in ASEAN for the decarbonisation of the energy sector.

We are pleased to share that EUROCHAM Malaysia is in collaboration as a co-organiser with EuroCham Singapore for the upcoming webinar – EV Infrastructure – Challenges and Opportunities in Singapore, Malaysia, Philippines, and Vietnam. This webinar is happening on Tuesday, 15 February 2022 at 4 PM.

With this webinar, we feature distinguished industry experts who understand and study EV adoption trends and are willing to share solutions for governments and investors to develop the infrastructure successfully as well as the opportunities EVs can provide while taking into account the various challenges that will first need to be crossed.

Representing EUROCHAM Malaysia during this webinar session will be Mr. Hans de Visser, Managing Director at BMW Group Malaysia. With over 29 years of experience in various functions at the BMW Group, Mr. Hans began his career at the premium automaker in its premium motorcycle division and has served in various Sales and Marketing roles for the BMW Group across several markets globally.

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

Areas Involved:

THE WHOLE COUNTRY.*

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 Sarawak, please refer to the National Recovery Plan SOP Phase 4 Sarawak.

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

On behalf of EUROCHAM Malaysia’s member The International School of Kuala Lumpur (ISKL), we would extend an invitation to their upcoming March Open Day! It was be held twice in March, as it will be both an ‘in-person’ Open Day as well as virtual.

Head over to the ISKL campus for their ‘in-person’ Open Day on Wednesday, 2 March 2022 and the Virtual Open Day will be held on Wednesday, 9 March 2022. This would be a great opportunity for parents who would like to learn more about how ISKL’s approach will prepare their children for the future. It is a great chance to tour the state-of-the-art ISKL campus, attending the Open Day to give an overlook of the campus will be Mr. Rami Madani, Head of the School of ISKL.

We are pleased to share that EUROCHAM Malaysia is in collaboration as a co-organiser with EuroCham Singapore for the upcoming webinar – EV Infrastructure – Challenges and Opportunities in Singapore, Malaysia, Philippines, and Vietnam. This webinar is happening on Tuesday, 15 February 2022 at 4 PM.

With this webinar, we feature distinguished industry experts who understand and study EV adoption trends and are willing to share solutions for governments and investors to develop the infrastructure successfully as well as the opportunities EVs can provide while taking into account the various challenges that will first need to be crossed.

Representing EUROCHAM Malaysia during this webinar session will be Mr. Hans de Visser, Managing Director at BMW Group Malaysia. With over 29 years of experience in various functions at the BMW Group, Mr. Hans began his career at the premium automaker in its premium motorcycle division and has served in various Sales and Marketing roles for the BMW Group across several markets globally.