A media statement has been issued by Senior Minister of Defence Malaysia regarding National Recovery Plan Phase Transition and SOP Relaxation – media statement as follows:

A. National Recovery Plan (NRP) Phase Transition

Taking into account the current risk assessment conducted by the Ministry of Health Malaysia (MOH) and the National Security Council (NSC), COVID-19 Pandemic Management Special Committee agrees to the transition of the NRP Phase for the following states effective 8 November 2021:

Moving from Phase 3 to Phase 4: Perlis, Perak, Penang, Sabah and Kedah.

The Standard Operating Procedures (SOPs) for states entering Phase 4 are the same as before. The latest SOP information will be updated by MKN on the official website www.mkn.gov.my.

On behalf of the EU-ASEAN Business Council, as a supporting partner, EUROCHAM Malaysia would like to invite our members to participate in the upcoming webinar by the EU-ASEAN Business Council regarding the ASEAN’s 2021 Digital Toolkit Series: Banking on Cross-Border Payments happening Tuesday, 16 November 2021 at 4 PM (SGT).

Digital payments are a key enabler for digital commerce, and cross-border transactions, in particular, are instrumental for the development of ASEAN’s economy – and not just for e-commerce. The COVID-19 pandemic has been a game-changer, accelerating the adoption of digital payments in a region where cash reigns supreme; movement restriction orders forced businesses to shift operations online and consumers began turning to e-commerce for everything from food delivery to buying essential goods. The region’s large base of underbanked customers is now also empowered to make online purchases as e-payment platforms proliferate.

On behalf of our member Labuan IBFC, we would like to invite our members to participate in the joint webinar with Tricor regarding ‘How Malaysian PLCs can Benefit from Labuan IBFC' that will be held on Wednesday, 24 November 2021 at 3:30 PM (+8 GMT). Labuan IBFC has been intermediating wholesale financial services in Malaysia and regionally for over 30 years, serving as a launchpad for numerous Malaysian corporations’ overseas and domestic expansion.

Join this webinar as they take stock of the developments in the jurisdiction, and how it has evolved into a truly Asian mid-shore jurisdiction. During the webinar, they will be discussing the latest developments in global tax reform and the implications it may bring to Malaysian businesses. The discussion will also cover how Labuan IBFC’s robust ecosystem is poised to continue serving as an ideal domicile for Malaysian corporations’ expansion plans.

Please be informed that companies registered in the Expatriate Services Division (ESD) online portal may apply for projection of expatriates for Employment Pass (EP) and Professional Visit Pass (PVP) for the year 2022 beginning of 01 November 2021.

To apply for the projection, please log in to your ESD account and click Applications > Projection (located in the Setting tab on the left column of the screen) > Select Projection Year > Request New Projection.