Mustapa: Malaysian economy expected to rebound in 2022

Malaysia's economy is expected to rebound in 2022 as activities in the manufacturing, services and agriculture sectors have picked up, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.

He said the oil and gas sector has also performed slightly better over the last few months.

"For 2022, we are a bit bullish about prospects as trade and investment have done well. So overall, I want to say that looking at supply side, whether it is manufacturing or agriculture or mining, there is evidence of pick up and all these indicators are pointing to a good recovery next year.

"We are cautiously optimistic and this is relevant in the context of domestic consumption and investment. We foresee a revival in domestic investment, and in domestic consumption as well," he said after the Advocacy Talks: Economic Planning Unit (EPU) briefing on the 12th Malaysia Plan (12MP) to EUROCHAM Malaysia here, today.

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12.12 PROMOTION

DON’T MISS OUT ON EUROCHAM MALAYSIA’S FIRST-EVER 12.12 PROMOTION!

This promotion is for NEW MEMBERS ONLY! The entrance fee will be waived – payment of the annual fee must be made by 31st December 2021 to receive this exciting promotion.

Be part of EUROCHAM Malaysia today!

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[MEDIA RELEASE] ALL CATEGORIES OF TRAVELLERS WHO ARE MALAYSIAN AND SINGAPOREAN CITIZENS AND PERMANENT RESIDENTS WILL BE ELIGIBLE UNDER VTL-LAND EFFECTIVE 20 DECEMBER 2021

Ministry of International Trade and Industry (MITI) has issued a media release regarding All Categories of Travellers Who Are Malaysian and Singaporean Citizens and Permanent Residents Will Be Eligible under VTL-Land Effective 20 December 2021 – media release as follow:

The launch of Vaccinated Travel Lane-Land (VTL-Land) between Malaysia and Singapore on 29 November 2021 is to facilitate quarantine-free, seamless cross-border movement by integrating health protocol, security and immigration clearance. This initiative allowed those separated from their loved ones due to the pandemic to travel home and reunite with their families.

True to its purpose of providing opportunities for both countries to reopen the land border in a gradual, safe, systematic and sustainable manner; necessary health measures are implemented and imposed to travellers between Malaysia and Singapore.

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Meeting with Malaysian Investment Development Authority (MIDA)

EUROCHAM Malaysia Chairman, Mr. Oliver Roche alongside EUROCHAM Malaysia CEO, Mr. Sven Schneider had an insightful and productive meeting with the Malaysian Investment Development Authority (MIDA) today. The meeting was chaired by YBhg Dato’ Arham Abdul Rahman, CEO, MIDA and was attended by Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer, Investment Promotion & Facilitation and team.

During the meeting, EUROCHAM together with MIDA discussed on a number of areas of interest that includes topics such as talent mobility, immigration, supply chain management as well as a discussion on FDI promotion and the EU- Malaysia FTA in Malaysia.

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Advocacy Talks – Briefing on the 12th Malaysia Plan by the Economic Planning Unit (EPU)

In case you’ve missed the exclusive briefing on the 12th Malaysia Plan that was held yesterday, Monday, 13 December 2021 by the Economic Planning Unit that was conducted by YB Dato’ Sri Mustapha Bin Mohamed, Minister in the Prime Minister’s Department (Economy) together with Dato’ V Valluvan Veloo, Director of Manufacturing Industry Science and Technology Division, Economic Planning Unit, Prime Minister’s Department.

Here are some of the topics that were mentioned during the briefing:

- The 12th Malaysia Plan is aligned with the Wawasan Kemakmuran Bersama 2030 and 2030 Agenda for Sustainable Development as well as taking into account the spirit of Keluarga Malaysia;

- The 12th Plan is part of the National Recovery Plan under the 6R approach, namely Resolve, Resilient, Restart, Recovery, Revitalise and Reform;

- Reform refers to the transformation that will be implemented under the 12th Plan; and

- The 12th Plan policy framework compromises 3 Themes, 4 Policy Enablers, and 14 Game Changers.

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ISKL – High School Principal Webinar with Relocate

On behalf of The International School of Kuala Lumpur (ISKL), a fellow member of EUROCHAM Malaysia, we would like to share to our members the webinar by ISKL’s High School Principal, Jeff Farrington together with Relocate, where he discussed the various pathways offered at ISKL to meet the needs of each student.

The hallmarks of its High School program are quality, choice, and flexibility. ISKL is unique in offering a combination of wide-ranging, high-quality academic pathways designed to enable every learner to choose the curriculum best suited to them - a ‘best fit’ approach.

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