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Pix for representational purpose only. PETALING JAYA: Malaysia stands to lose foreign direct investment (FDI) if its Covid-19 response does not improve soon. Some foreign companies have alluded that they may have to shut operations in Malaysia and move elsewhere out of concern for the safety of expatriates and their families. In separate letters to federal government leaders, five trade groups representing investors from Germany, Japan, the Netherlands and the United States also stated that foreign businesses are rethinking their decisions to invest in Malaysia, adding that if the situation persists, some of them might think about relocating elsewhere. American Chamber of Commerce in Malaysia chief executive officer Siobhan Das expressed the view that the government has failed to appreciate that every time a lockdown is imposed, it disrupts the supply chains and causes serious damage to the country as well as its reputation. ....
Amcham: EMCO ignores success of companies that maintain high safety standards malaysiakini.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaysiakini.com Daily Mail and Mail on Sunday newspapers.
Friday, 28 May 2021 08:28 PM MYT BY JULIA CHAN Amcham CEO Siobhan Das thanked Miti for its efforts to keep the manufacturing sector open as Malaysia was a vital link in the global supply chain. Picture from amcham.com.my Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 28 The American Malaysian Chamber of Commerce (Amcham) has lauded the government for letting economic and manufacturing activities continue within the movement control order (MCO) and despite views that these were contributing to the country’s worsening Covid-19 situation. Amcham chief executive officer Siobhan Das thanked the Ministry of International Trade and Industry (Miti) for its efforts to keep the manufacturing sector open as Malaysia was a vital link in the global supply chain. ....
Wednesday, 19 May 2021 10:17 PM MYT BY YISWAREE PALANSAMY Police officers conducting roadblock checks during movement control order 3.0 (MCO) on the Federal Highway May 10, 2021. Picture by Miera Zulyana Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 19 The Federation of Malaysian Manufacturers (FMM) today joined two commerce chambers in opposing a complete lockdown to address the worsening Covid-19 situation here. In a statement today, FMM president Tan Sri Soh Thian Lai echoed the American Malaysian Chamber of Commerce (Amcham) and the EU-Malaysia Chamber of Commerce and Industry (Eurocham) Malaysia in urging the government to enhance the existing movement control order (MCO). ....