On behalf of EuroCham Cambodia, a regional partner of EUROCHAM Malaysia, we would like to invite our members to join in the upcoming webinar hosted by EuroCham Cambodia, “Discover Cambodia Business Trends and Opportunities”, happening on 15 November 2021 from 3 PM to 4 PM. With the participation of His Exc. Pan Sorasak, Cambodian Minister of Commerce, Her Exc. Carmen Moreno, European Union Ambassador to Cambodia, and Mr. Tassilo Brinzer, Chairman of the European Chamber of Commerce in Cambodia.

The event will feature an extensive presentation of 24 November 2021 – Transitioning to a New Normal: Leveraging Global Value Chains, Multilateralism and the 4IR Forum and more on Cambodia’s business opportunities including an update on the country’s Progressive Legal Eco-System.

The Commission has adopted three work programmes for the Digital Europe Programme, outlining the objectives and specific topic areas that will receive a total of €1.98 billion in funding. This first set of work programmes includes strategic investments that will be instrumental in realising the Commission's goals in making this Europe's Digital Decade. The Digital Europe Programme aims to bolster Europe's technological sovereignty and bring digital solutions to market for the benefit of citizens, public administrations, and businesses.

The main work programme, worth €1.38 billion, will focus on investment in the areas of artificial intelligence (AI), cloud and data spaces, quantum communication infrastructure, advanced digital skills, and the wide use of digital technologies across the economy and society, until the end of 2022. Alongside this main work programme, the Commission published two specific work programmes: the first one focuses on funding in the area of cybersecurity, with a budget of €269 million until the end of 2022; and the second one focuses on the set-up and operation of the network of European Digital Innovation Hubs, with a budget of €329 million, until the end of 2023.

FINAL CALL! Sneak a peek at the virtual platform of insigHT2021 – happening NEXT WEEK!

We are pleased to share that EUROCHAM is in collaboration with Malaysia Healthcare Travel Council (MHTC) as a supporting partner of insigHT2021, happening this 16 – 18 November 2021. With the theme “FORGING-RESILIENCE’ this 3-day conference will provide all that you need to strategize a plan and meet with potential business partners all from the comfort of your own home – by registering, you will get access to daily real-time Livestream, 50+ recorded videos, multiple real-time LIVE chats, intensive workshops and many more to gear up for 2022!

We had a very interactive and productive meeting with the Swiss Malaysian Chamber of Commerce (SMCC). It was a very engaging session to explore more opportunities together with our friends at SMCC.

Along with Laurent Mailleter, Pauline Goh, and the team we discussed future engagements, collaborations, and strategic plans moving forward. Looking forward to more engagements with our fellow chambers to bolster alliances in Malaysia.

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.