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.

On behalf of The Malaysian-Swedish Business Association (MASBA), we would like to share that MASBA will be hosting its Christmas Dinner & Dance!

We are proud to announce that this fabulous Christmas celebration will be supported by EUROCHAM Malaysia. A fun-filled night as we experience a traditional Swedish Christmas celebration!      

Join us together with MASBA at this upcoming Christmas Dinner!

Date: Saturday, 3 December 2022

Time: 6:30 PM

Venue: Ritz-Carlton Kuala Lumpur

EUROCHAM Malaysia extends our congratulations to YAB Datuk Seri Anwar Ibrahim as the 10th Prime Minister of Malaysia.

We wish YAB Prime Minister continued success in your appointment, and we look forward to working with the administration to further strengthen our close bilateral ties and partnerships.

The EUROCHAM Malaysia delegation led by Dr Jenny J. Westin the Head of the Education Sector Committee is pleased to have received a warm welcome from YBhg. Datin Noorazah, the Undersecretary of the International Relations Division at the Ministry of Higher Education Malaysia (MOHE) and the team for the Technical Meeting of the Education Sector Committee at Putrajaya on the 23rd November 2022.

This call touched upon enhancing the industry-academia collaboration that could resolve the mismatch of skills of fresh graduates as well as advancing the Technical and Vocational Education and Training (TVET) sector.