[UPDATED] NATIONAL RECOVERY PLAN SOP – PHASE 3

Here are the highlights of the latest updated SOPs for Phase 3 of the National Recovery Plan (NRP):

Areas Involved:

Perlis, Sarawak, Terengganu and Pahang

*For Sarawak, please refer to the National Rehabilitation Plan SOP Phase 3 Sarawak.

** For areas enforced by EMCO, the EMCO SOP in the area is effective until the expiry date of the EMCO

Effective Period:

Starting 16 August 2021 (starting 12.01am)

*For Terengganu starting on 17th September 2021 (starting 12.01 am

**For Pahang starting on 24th September 2021 (starting 12.01am)

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[UPDATED] NATIONAL RECOVERY PLAN SOP – PHASE 2

Here are the highlights of the latest updated SOPs for Phase 2 of the National Recovery Plan (NRP):

Areas Involved:

Kelantan, Perak, Pulau Pinang, Sabah, Melaka, Selangor, F.T. Kuala Lumpur, F.T. Putrajaya and Johor.

*For Sabah, please refer to the Sabah National Recovery Plan - Phase 2 SOP.

**For areas enforced under EMCO, the EMCO SOP in the areas is effective until the expiry date of the EMCO.

Effective Period:

Starting August 20, 2021 (from 12.01 am)

*For Melaka, starting on 4 September 2021 (from 12.01 am)

*For Selangor, F.T. Kuala Lumpur and F.T.  Putrajaya, starting on 10 September 2021 (from 12.01 am)

*For Johor, starting on 24 September 2021 (from 12.01 am)

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[UPDATED] NATIONAL RECOVERY PLAN SOP – PHASE 1

Here are the highlights of the latest updated SOPs for Phase 1 of the National Recovery Plan (NRP):

Areas Involved:

Kedah

*For areas enforced by EMCO, the EMCO SOP in the area is effective until the expiry date of the EMCO.

Effective Period:

Starting August 20, 2021 (starting at 12.01 am)

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Team Europe: €34 billion disbursed so far to tackle COVID-19 in partner countries

Since the outbreak of COVID-19 in early 2020, the EU, EU Member States and European financial institutions, as Team Europe, have disbursed €34 billion in support to partner countries in addressing the pandemic and its consequences, delivering on its promises with concrete results. This disbursement already exceeds by far the initial €20 billion Team Europe support package pledged in spring 2020, which has now increased to €46 billion.

Commissioner for International Partnerships, Jutta Urpilainen, said: ”In spring last year, the world faced an unprecedented crisis. The international community needed to respond together. Team Europe responded by pooling our expertise and resources, drawing on our respective strengths to deliver more targeted support with greater impact. We have also adapted EU programmes to better respond to developing countries' needs. Team Europe can be proud to have mobilised such a substantial package in just one year to support our partners around the world.”

Team Europe has already mobilised support for over 130 countries. From the overall €46 billion, €34 billion have been disbursed as of April 2021: €1.8 billion on emergency response to humanitarian needs, €6.3 billion on strengthening health, water and sanitation systems, and €25.8 billion on mitigating the social and economic consequences of the pandemic, including job losses and education.

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EUROCHAM Malaysia’s 28th Annual General Meeting

EUROCHAM Malaysia hosted our 28th Annual General Meeting (AGM) yesterday.  It was the first-ever virtual AGM. We would like to express our sincere appreciation to our Board of Directors and valuable members for attending the AGM.

Our CEO, Mr Sven Schneider presented the key highlights of the year’s achievements as well as the way moving forward for the following year to come. It was a fruitful and engaging meeting, and we look forward to continuously provide the utmost service for our members.

We would like to congratulate and welcome Mr Carl Malmqvist, Regional Director South Asia Pacific at Axis Communications and Representative of the Malaysian-Swedish Business Association (MASBA) as our newly elected Board of Director.

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BizTalks #15/2021 Protection & Financing for Small and Mid-Sized Enterprises (SMEs)

In case you missed out on our BizTalks webinar yesterday 23 September 2021 with AXA Affin General Insurance Berhad on the topic of Protection & Financing for Small and Mid-Sized Enterprises (SMEs).

Here are some key takeaways from the BizTalks Webinar session:

- The importance of transferring insurable risk to a proper risk transfer mechanism.

- There are capacity and expertise available in the local Malaysia market for SMEs.

- Business owners to learn how to defend and protect the business legacy.

- One-stop business HR solution.

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