HRDC disseminated a Employers' Circular (2/2022) on June 15 (https://hrdcorp.gov.my/wp-content/uploads/2022/06/2-Employers-Circular-No-2-2022_.pdf), stipulating that it will charge employers a micro-credential fee of RM300 per trainee per training for almost all training conducted, effective 15 August 2022. This effectively means that the employer will be upskilling fewer people in the organisation for the same amount that they have been contributing to HRDC on an annual basis.

We are conducting this poll to provide a swift response to the Human Resources Development Corporation (HRDC) and the Malaysian government regarding the agreement of employers to the implementation of the micro-credential fee. Your feedback and cooperation is very much valued.

THE ORIGINAL NOTICE AND VENUE APPLY – THE RECENT NOTICE TO BE DISREGARDED 

EUROCHAM Malaysia will be holding our 29th Annual General Meeting (AGM) next week!

Date: Wednesday, 29 June 2022

Time: 3 PM

Venue: Cluster 1, EQ Kuala Lumpur (Please note the recent change of venue)

The European Commission has today issued a further €5 billion in NextGenerationEU green bonds in the 10th syndicated transaction under the NextGenerationEU recovery instrument. The long 25-year bond due on 4 February 2048 was over six times oversubscribed, a very positive outcome, especially bearing in mind the turbulent market in recent weeks.

With this transaction, the Commission has issued a total of €47.5 billion in the first half of 2022, bringing it one step closer to the €50 billion NextGenerationEU funding target for the first six months of the year.

The Commission has so far raised €118.5 billion in long-term EU bonds under the NextGenerationEU programme since its launch in June 2021, of which €28 billion in NextGenerationEU green bonds. The funds are being used to finance Europe's economic recovery and long-term resilience via the Recovery and Resilience Facility and other EU budget programmes.

EUROCHAM Malaysia will be holding our 29^th Annual General Meeting (AGM) next week!

Date: Wednesday, 29 June 2022

Time: 3 PM

Venue: The Crescent Room, Pavilion Hotel Kuala Lumpur Managed By Banyan Tree, 170 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia (Please note the change of venue)

È l'ora del Campari! It's Campari time!

On behalf of the Italy Malaysia Business Association (IMBA), we would like to share that IMBA will be hosting the IMBA Aperitivo Event. If you’re a fan of the delicious and vibrantly red Italian bitter, do join IMBA at this richly cultured event. Enjoy an evening of Italian-style Aperitivo with our business community while sipping on some iconic Campari cocktails.