[ANNOUNCEMENT] SAFE@WORK INITIATIVE - TAX DEDUCTION FOR EXPENDITURE ON PROVISION OF EMPLOYEES’ ACCOMMODATION SUBJECT TO A MAXIMUM AMOUNT OF RM50,000

The Ministry of International Trade and Industry (MITI) has issued an announcement regarding the Safe@Work Initiative - Tax Deduction For Expenditure On Provision Of Employees’ Accommodation Subject To A Maximum Amount Of Rm50,000 – announcement as follows:

It is informed that the Ministry of Finance Malaysia (MOF) has approved and gazetted the Income Tax (Deduction for Expenditure on Provision of Employee Accommodation) Rules 2021, P.U. (A) 470 dated 24 December 2021. Accordingly, companies that have applied under MITI Safe@ Work with an evaluation score of 70% and above (please download the CIMS Safe@Work letter as proof of eligibility) is eligible to claim a tax deduction for expenditure on the provision of employees’ accommodation as stated in the gazette provided:

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Italy Malaysia Business Association Networking Aperitivo and Italian Dinner

On behalf of our colleagues at the Italy Malaysia Business Association (IMBA) we would like to share that IMBA will be hosting their upcoming Networking Aperitivo and Italian Dinner.

Enjoy an evening of delicious Italian food while mingling with our thriving business community.

Date: Tuesday, 24 May 2022

Time: 6:30 PM Aperitivo | 8:00 PM Dinner

Venue: Ciao Ristorante, 20A, Jalan Kampung Pandan, Off Jalan Tun Razak, 55100 Kuala lumpur

Dress Code: Business Attire | Cocktail Dress

Fee: IMBA Member: RM268 | Non-Member: RM298

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EUROCHAM Malaysia WhatsApp Group for Valued Members

EUROCHAM Malaysia will be having a WhatsApp group for our valued members!

For members only – we invite you to join our WhatsApp group, an additional platform to get important updates right at your fingertips! To ensure an easy flow of communications with our members in terms of government updates, future events, and programs, EUROCHAM Malaysia would like to request your consent to include you in our personalised Whatsapp group.

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Malaysia’s energy savings in 2021 totalled RM48.34 mil

Malaysia saved 132.43 gigawatt hours (GWh) of electricity amounting to RM48.34 million as at Dec 31, 2021 via the Energy Management Gold Standard (EMGS), which places emphasis on efficient energy use by the industrial and building sectors, said Energy and Natural Resources Deputy Minister Datuk Ali Biju.

“The programme (EMGS) is in line with the government’s national energy efficiency and conservation effort.

"The Energy and Natural Resources Ministry (KeTSA) fully supports this programme and hopes it will be adopted by more sectors and industries," he said during his speech at the EMGS award ceremony on Tuesday (May 17).

EMGS is a certification system under the ASEAN Energy Management and Accreditation System [AEMAS]. 

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EUROCHAM Malaysia & EU-ASEAN Business Council Gala Dinner

Join us for a memorable night of networking and fun!

We are pleased to announce that EUROCHAM Malaysia jointly with EU-ASEAN Business Council will lead a major delegation to Malaysia in June 2022 and co-host a Gala Dinner happening on 9 June 2022.

EUROCHAM Malaysia jointly with the EU-ASEAN Business Council has invited YAB Dato’ Sri Ismail Sabri Yaakob, Prime Minister of Malaysia (invited) to give a keynote address. Also during the Gala Dinner, there will be a Fireside Chat with YB Dato’ Seri Mohamed Azmin Bin Ali, the Minister of the International Trade and Industry (invited). YB Tuan Khairy Jamaluddin Abu Bakar, Minister of Health Malaysia (Invited), and Mr. Fabian Bigar, CEO of MyDigital Malaysia (confirmed) in attendance.

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Raya Aidilfitri Open House at the Ministry of Finance Malaysia and Ministry of Health Malaysia

EUROCHAM Malaysia CEO, Mr. Sven Schneider attended the Ministry of Finance Malaysia (MOF) and Ministry of Health Malaysia (MOH) Raya Aidilfitri Open House 2022. It was a well-organised occasion as we reconnect with our colleagues from the Ministries, our fellow EU colleagues as well as government and corporate entities to continue bolstering alliances within the EU and Malaysia business community.
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