The Ministry of Transportation has issued a press release regarding Record Breaking Performance at Port Klang – press release as follows:

Port Klang handled a record breaking Container Volume of 13.605 M TEUS as of 28 December 2021. Despite the many challenges of Covid-19 as well as the spillover effects of container shortages, port congestions and most recently, adverse weather conditions, Port Klang has managed to achieve this stellar performance surpassing its 2019 record of 13.58 M TEUS.

This growth is attributed largely to the Government’s proactive measures to facilitate Malaysia’s Port and Logistics sector during the pandemic, keeping the industry ticking towards meeting the demands of both domestic and international markets. The introduction of several economic stimulus packages aimed at increasing consumer spending resulted in higher demand for consumer goods leveraging on e-commerce platforms to expedite distribution and delivery. The roll out of vaccination programs for port and logistics sector workers in June 2021 provided the assurance and protection for the industry to resume full operations.

On behalf of the Malaysian Danish Business Council (MDaBC), EUROCHAM Malaysia would like to invite our members to participate in the upcoming webinar on the topic of Investing in Employee Wellness to Boost Employee Engagement will be held on Wednesday, 19 January 2021 at 4 PM (+8 GMT).

The study has shown 15% of employees are engaged and reshaping the employee experience is crucial to engage employees with a focus on employee well-being, employee needs, and wants.

During this webinar session, the speaker will take you through a few major points which are related to understanding employee engagement, the challenges of driving employee engagement, the impact of employee wellbeing on employee engagement and how to boost it, as well as showcasing some customer testimonials and an online demo/live demo.

We would like to welcome CMA CGM as a new member of EUROCHAM Malaysia! We are excited to have you as part of our EU-MY community and we look forward to working with your esteemed organisation. We are #strongertogether as we work to provide the utmost best service to our ecosystem.

CMA CGM offers the quick, safe, and efficient transportation of goods. CMA CGM forges new routes to enable more sustainable international trade and comes up with smarter ways of approaching the global supply chain, in keeping with the new challenges in your markets.

They have been honing this international transportation expertise for more than 40 years and their shipping and air transportation services, coupled with innovative and increasingly environmentally friendly port services, logistics, and intermodal solutions, helps customers to perform.

TWO DAYS LEFT! DON’T MISS OUT ON EUROCHAM MALAYSIA’S FIRST-EVER 12.12 PROMOTION!

This promotion is for NEW MEMBERS ONLY! The entrance fee will be waived – payment of the annual fee must be made by 31^st December 2021 to receive this exciting promotion.

Be part of EUROCHAM Malaysia today!

On behalf of EUROCHAM Malaysia’s member Invest Selangor, we would like to share that Invest Selangor is in the process of gathering information on the impacts of the flood on companies in Selangor.

As the sole agency tasked to safeguard the interest of investors and the industry in the state, Invest Selangor would appreciate it if EUROCHAM members could provide the necessary information for the Selangor State Government to formulate appropriate policy responses.

This questionnaire is intended for companies in the MANUFACTURING OR SERVICES SECTOR ONLY. It is advised to answer the questionnaire as truthfully as possible in order for Invest Selangor to better understand the limitations and impediments our members faced during the flood. Please be informed that all responses provided through this survey are for internal use of the Selangor State Government only and will be treated with the utmost confidentiality.

The Commission has today proposed to establish the next generation of own resources for the EU budget by putting forward three new sources of revenue: the first based on revenues from emissions trading (ETS), the second drawing on the resources generated by the proposed EU carbon border adjustment mechanism, and the third based on the share of residual profits from multinationals that will be re-allocated to EU Member States under the recent OECD/G20 agreement on a re-allocation of taxing rights (“Pillar One”). At cruising speed, in the years 2026-2030, these new sources of revenue are expected to generate on average a total of up to €17 billion annually for the EU budget.

The new own resources proposed today will help to repay the funds raised by the EU to finance the grant component of NextGenerationEU. The new own resources should also finance the Social Climate Fund. The latter is an essential element of the proposed new Emissions Trading System covering buildings and road transport, and will contribute to ensuring that the transition to a decarbonised economy will leave no one behind.

Johannes Hahn, Commissioner in charge of Budget and Administration, said: “With today's package, we lay the foundations for the repayment of NextGenerationEU and provide essential support to the Fit for 55 package by putting in place the financing of the Social Climate Fund. With the set of new own resources, we, therefore, ensure that the next generation will truly benefit from NextGenerationEU.”

Today's proposal builds on the Commission's commitment undertaken as part of the political agreement on the 2021-2027 long-term budget and the NextGenerationEU recovery instrument. Once adopted, this package will strengthen the reform of the revenue system started in 2020 with the inclusion of the non-recycled plastic waste-based own resources.