We would like to welcome Tropicana Corporation Berhad as a new member of EUROCHAM Malaysia! We look forward to working together with your esteemed organisation, as we strive to bolster alliances within the EU-MY business community and our ecosystems.

Tropicana Corporation Berhad ("Tropicana") was incorporated in 1979, listed on the Main Market of Bursa Malaysia Securities Berhad in 1992, and rebranded in 2013. Tropicana has since become one of Malaysia's leading conglomerates with diversified business interests in Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings, and more.

Tropicana has also accelerated its digitilisation drive and rolled out platforms such as the Tropicana 360 mobile app to fully integrate our business into the online sphere. Tropicana strives to be the leading property group, that delivers innovative and quality products that enhance stakeholders' value.

We would like to wish all our members, friends and connections from Portugal a happy Restoration of Independence Day!

Restauração da Independência

We would like to wish all our Romanian friends, members, and connections a happy Romania Great Union Day!

Ziua Marii Uniri

The EUROCHAM Malaysia delegation consisting of Mr. Sven Schneider, CEO of EUROCHAM Malaysia and the EUROCHAM Malaysia Automotive Sector Committee, is pleased to have received a warm welcome from the Ministry of International Trade and Industry (MITI) team that includes Dato’ Hanafi Sakri, Senior Director of the Industry Development Division and Mr. Muhammad Zulhilmi Ahmad, Import and Export Director for a Technical Meeting at MITI’s office on the 29th November 2022. Alongside MITI, the meeting was also attended by representatives from Malaysia Automotive Robotics and IoT Institute (MARii) and Malaysian Investment Development Authority (MIDA).

The objective of the meeting was to discuss pertinent issues to the automotive industry including trade and tax policies, electric vehicle infrastructure, procurement issues, and topics of sustainability. Aligned with the meeting’s objective, EUROCHAM and the Automotive Sector Committee aim to also work closely with the Ministry to resolve current issues that are affecting the industry.

We would like to welcome Invest Johor as a new member of EUROCHAM Malaysia! We are excited to work together with your esteemed organisation as we strive to bolster alliances and strengthen partnerships within the EU-MY business community. We are #strongertogether as we work to provide the utmost best service to our ecosystem.

Invest Johor is a one-stop center that represents the state of Johor in dealing with investors and helps to position Johor as an attractive destination for investment. Invest Johor plays an important role in matters related to the promotion, facilitation, coordination, and development or investments in a broad sector of industries. Ultimately, Invest Johor strives to help transform Johor into a regional hub for high-technology, knowledge-based, and capital-intensive industries.

Business confidence for the fourth quarter of 2022 (4Q2022) is upbeat at +3.2% with the services sector, industry, wholesale and retail trade, registering a positive outlook, said the Department of Statistics Malaysia (DOSM), adding that the construction sector continued to be the most pessimistic.

In a statement on Tuesday (Nov 29), DOSM said business sentiment in the services sector remains favourable at +9.2% in 4Q2022 (3Q2022: +13.6%), while it was +3.7% (3Q2022: +6.6%) for the industry sector.

It said that the wholesale and retail trade sector expects an improved business situation as the confidence indicator rebounded to a positive trajectory at +1.9% in 4Q2022 from -5.8% in 3Q2022, DOSM said.

“This positive outlook is supported by the retail trade sub-sector where businesses turned optimistic on their business conditions,” it added.

DOSM also revealed that the construction sector continues as the most pessimistic sector with a confidence indicator of -29.2% in 4Q2022 from -24.9% in 3Q2022.

The statistics are based on the Business Tendency Survey, which is conducted on a quarterly basis.

The confidence indicator registering +3.2% in 4Q2022 is a downward moderation compared to +4.7% recorded in 3Q2022.