Malaysia’s national power grid has the capacity to take on more energy from renewable energy (RE) sources up until 2030 without affecting grid stability, said International Renewable Energy Agency (Irena) director-general Francesco La Camera.

However, investment for the grid of the future must be committed now to ensure continuity through the energy transition, La Camera said.

“At the moment, Malaysia is not in the hurry but naturally, the grid has to evolve to make it possible for even more RE sources to come in,” he told The Edge at the sidelines of the Malaysia Energy Transition Outlook launch.

“This will also increase the appetite for investments, once you are sure you can deliver the electricity and be paid in return. It is one of the more relevant push to encourage additional RE capacity,” La Camera said.

Overall, Malaysia is expected to see renewables’ installed generation capacity (excluding battery storage) to increase to up to 33% of total capacity by 2030, according to the Irena Malaysia Energy Transition Outlook Report.

We would like to wish all our Greek members, friends and connections a happy Greece Independence Day!

Εορτασμός της Ελληνικής Επανάστασης του 1821

On the 21st of March 2023, EUROCHAM Malaysia was invited to a second-round session of the Malaysia Productivity Corporation's (MPC) workshop to enhance the efficiency of expatriates' work permits in Malaysia, which was conducted in Hotel Hilton Petaling Jaya. The workshop began with the opening remarks from The Honourable Y.Bhg Dato' Ts. V Valluvan A/L Veloo, Director of Manufacturing Industry, Science and Technology Section Division, Ministry of Economy, followed by a sharing session on the expatriate’s application system by the Malaysia Digital Economy Corporation (MDEC), discussion on concerns from the industry and chambers, and way forward to expedite the expatriates' work permit applications. 

All of the concerns raised are being taken into consideration by MPC, MDEC and other government agencies, who will then present these concerns to the Federal Government. More engagement sessions with the industry and various chambers will be conducted to facilitate the issuance of expatriate work permit that could further enhance assisting Malaysia to be at par with other developing nations.

We would like to welcome IPSOS Malaysia 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.

IPSOS believes its clients need more than a data supplier, and requires a partner who can produce accurate and relevant information and turn it into actionable truth. IPSOS’ passionately curious experts not only provide the most precise measurement but shapes it to provide a True Understanding of Society, Markets and People.

IPSOS uses the best of science, technology, and know-how and applies the principles of security, simplicity, speed and substance to everything they do.

We will be moving soon!

EUROCHAM Malaysia will be moving to our new office located at The Stride Strata Office at BBCC Kuala Lumpur. We are currently in a period of transition, but we are still contactable and working hard to continue to provide the best utmost service for your members and the evergrowing EU-MY business community.

More updates will be uploaded soon. We look forward to meeting you at our new office!

We would like to wish all our Muslim members, friends and connections a happy Ramadhan! May this holy month bring an abundance of blessings.

Ramadhan Kareem!