A media statement has been issued by the Minister of Finance regarding NRP: New Hospital Admission Symptomatic Cases As New Indicators For States In Phase 1 That Have Achieved Vaccination Rate Of At Least 50% Of The Adult Population – media statement as follows:

The NSC Special Session and National Recovery Council (NRC) chaired by YAB Prime Minister, YAB Tan Sri Dato' Haji Muhyiddin Yassin this week has considered and decided to use a new indicator viz ‘Number of new hospital admission symptomatic cases’ as one of the National Recovery Plan (NRP) phase transition indicators. This decision was made on the advice of health experts, as well as international and domestic experience, with the observation that the risk of COVID-19 transmission decreased in line with increasing vaccination rates of the adult population.

The NRC also decided that the indicator would only replace existing indicators (i.e. the number of new daily COVID-19 cases) when the vaccination of a state in Phase 1 has reached a rate of at least 50% of the adult population. A benchmark for symptomatic cases used is based on daily hospital admissions for the number of patient cases in Categories 3, 4, and 5.

Malaysian Germany Chamber of Commerce (MGCC) is hosting their annual event – Oil & Gas Industry Outlook: A Passage to 2030 on Thursday, 12 August 2021 at 10 AM (+8 GMT). Each year MGCC will focus on different industries, and this year the focus will be on the Oil & Gas industry.

The Oil and Gas industry in Malaysia is undergoing a significant transformation in achieving sustainable growth and competitiveness. Recently, the National Oil and Gas Services and Equipment (OGSE) Industry Blueprint was launched to ensure the industry continues to flourish by 2030. With an additional ambitious 10-year plan, the National Fourth Industrial Revolution (4IR) Policy is also expected to increase productivity in Malaysia by 30% across all sectors by the year 2030.

Join us on Tuesday, August 24, 2021, at 3 PM (+8 GMT) for our BizTalks webinar with Ditrolic Solar on the topic of Driving Energy Transformation – A Roadmap Towards 100% Renewal Energy.

A roadmap for businesses to integrate 100% renewal energy mix solutions including the national policy, incentive, and the financial solution required to achieve net-zero carbon goals.

This webinar will focus on a roadmap for businesses to achieve 100% Renewal Energy and financial solution for a sustainability initiative. Together with an exceptional list of panelists, join Mr Tham Chee Aun, Founder and Chief Executive Officer of Ditrolic Energy Group, Mr Ruzlisham Mat Diah, Deputy Director of Green Technology Division, Malaysian Investment Development Authority (MIDA), Mr Ibrahim Ariffin, Director of Energy Analyst at Sustainable Energy Development Authority Malaysia (SEDA) and Mr Jasper Wong, Head of Construction and Infrastructure, Sector Solutions Group at UOB.

A meeting chaired by YB Dato’ Sri Mustapa Mohamed, Minister in the Prime Minister’s Department (Economy) with the Economic Action Council (EAC) working group together with foreign chambers was held today to prepare for the upcoming EAC meeting that will be chaired by the YAB Prime Minister.

This meeting was attended by EUROCHAM Malaysia’s Chairman Mr Oliver Roche and EUROCHAM Malaysia’s Chief Executive Officer, Mr Sven Schneider - the agenda of the meeting was to discuss resolving challenges faced by the business community during the National Recovery Plan (NRP) and plans to move forward within the industry.