Malaysian International Chamber of Commerce & Industry (MICCI)

📢 MITI Implements Strategic Measure for Malaysia's Global Halal Trade Efficiency under Budget 2025 The Ministry of Investment, Trade and Industry (MITI) has announced the upcoming merger of the Malaysia External Trade Development Corporation (MATRADE) and the Halal Development Corporation Berhad (HDC). This move, part of Budget 2025, aims to streamline Malaysia’s halal trade ecosystem and strengthen the country's leadership in the global halal market, projected to reach USD5 trillion by 2030. Key highlights: Enhanced Export Capabilities: MATRADE’s extensive global network will complement HDC’s industry expertise, expanding market access for Malaysian halal products and services. Support for SMEs: The merger will streamline services for halal exporters, especially SMEs, fostering job creation and local economic growth. Optimized Resources: The initiative will increase productivity and harness synergies across Malaysia’s halal industry, ensuring resilience and competitiveness. This merger aligns with Malaysia’s goals under the New Industrial Master Plan 2030 and the Halal Industrial Master Plan 2030, positioning Malaysia as a strategic player in the ASEAN region ahead of its ASEAN Chairmanship in 2025.

📅 Event Reminder: MICCI Southern Monthly Get Together - November 2024 Join us on Thursday, 21 November 2024, for an enriching evening of networking with MICCI Exco members and fellow MICCI members! This gathering is a great opportunity to strengthen connections, explore partnerships, and engage with the business community. Event Details: 📅 Date: 21 November 2024 (Thursday) ⏰ Time: 4:30 PM – 7:00 PM 📍 Venue: Regency Medical Care Centre, The Mall, Mid Valley Southkey, Johor Bahru (Ground Floor, North Entrance) Special Highlights: 🩺 In-Body Check 🏥 RMCC Facilities Tour 👩⚕️ Doctor’s Sharing 🤝 Networking Session Limited slots available! Make sure to RSVP early by scanning the QR code, visiting this link below; https://lnkd.in/gQ_bdFM3 or contacting us at: 📞 +6016 722 4993 📧 johor@micci.com We look forward to welcoming you!

I wish to stress Belanjawan 2025 is a Budget dedicated to all the rakyat. This Belanjawan strives to put the house in order: enhance people’s well-being, protect the vulnerable, improve basic infrastructure, and tackle inefficiencies such as corruption and resource leakages. Belanjawan 2025 prioritises the basics, by correcting past inefficiencies and building a strong, sustainable foundation for Malaysia’s future growth. For too long, we focused on “mega” projects. Many added to the national debt but delivered limited benefits to the wider economy. While the mega projects are not the focus of Belanjawan 2025, the Government is ramping up its spending on the nation’s development. In addition to the development expenditure, private-finance initiative (PFI) projects valued at RM9 billion have also been implemented, together with domestic direct investments by Government-Linked Investment Companies (GLIC) amounting to RM25 billion. A total public investment for the purpose of development in 2025 will amount to RM120 billion. As crucial pro-business policies are to attract investments, the Government’s ultimate goal is to raise the floor for all Malaysians — uplift living standards, social protections and raise income levels by ensuring quality job creation, particularly through high-value employment. Key initiatives will address cost of living by strengthening financial assistance, tackling extreme poverty, and supporting vulnerable groups such as the disabled, single parents, and elderly. Public services will be improved, focusing on healthcare, education, and industry aligned vocational training, while expanding infrastructure in rural areas like Sabah and Sarawak. We also seek to raise the economic ceiling for Malaysia overall, by increasing productivity and national income. Without rises in productivity, tax increases or retargeting of subsidies may result in heavier burdens on people, especially if incomes do not grow. Enhancing competitiveness by attracting quality investments focuses on streamlining approval processes, digitalisation, and boosting trade to position Malaysia as a premier investment destination. We will incentivise high-value sectors, including electrical and electronics and green industries. We will strengthen fiscal management and public service delivery through fiscal reforms aimed at reducing the national deficit by broadening the revenue base and targeting subsidies more effectively. Public service transformation will include improving governance to combat resource leakages, salary adjustments for civil servants and reforms to streamline public sector processes. We will ensure the benefits of our progress are equitably shared among all so as to secure a brighter tomorrow for all Malaysian, Insya-Allah. #MalaysiaMADANI

ASEAN Ports and Logistics Exhibition and Conference 2024 Opening Ceremony We are thrilled to witness the grand opening of the ASEAN Ports and Logistics Exhibition and Conference 2024 on 23rd October at DoubleTree by Hilton, Johor Bahru! Hosted by Johor Port Authority and organized by Transport Events, this prestigious event, now in its 22nd year, runs from 22nd to 24th October, bringing together industry leaders, top solutions, and innovative services in the ASEAN ports and logistics sector. Key highlights include: - Keynote Address by Yang Berhormat Tuan Anthony Loke, Minister of Transport, Malaysia, emphasizing Malaysia’s strategic advantages and the need to boost port efficiency. - Opening Remarks by Dr. Rory James Doyle FCILT, Managing Director, Transport Events Malaysia. - Welcome Speech by YBhg Dato’ Monaliza binti Suhaimi, General Manager, Johor Port Authority. - MICCI Southern Region was represented by Chairman Mr. Lee Ting Kiat, alongside Mr. Andrew Woon and Branch Manager Ms. Olivia Chin, who attended as invited guests. 🤝 Key Collaborations: Exchange of Letter of Acceptance between Johor Port Authority and MRANTI MoU Signing between Johor Port Authority and Public Transport Corporation of Johor (PAJ), set to enhance port development and logistics management. The event also features a guided exhibition tour, showcasing the latest industry innovations and advancements. This gathering represents a major step forward in advancing ports and logistics in the ASEAN region.

📢 MICCI Southern Branch Office Closure Notice - Deepavali & Team Building Event Please be informed of our upcoming office closures: Deepavali Closure: 🗓️ Date: 31 October 2024 (Thursday) 🕘 Operations resume on 1 November 2024 (Friday) Team Building Closure: 🗓️ Date: 8 November 2024 (Friday) Submission services: Drop-off available Collection for submissions on 7 November: Available Express services: Not available Regular office hours will resume on 11 November 2024, with standard submission, collection, and express services. Thank you for your understanding, and we apologize for any inconvenience caused. For further details, please contact us at: 📧 johor@micci.com / cosouthern@micci.com 📞 07 – 331 2086 Best regards, MICCI Southern Management

🇲🇾🤝🇱🇹 Strengthening International Ties: SCCIC Courtesy Visit to MICCI On 24 October 2024, MICCI was honored to welcome a delegation from the Šiaulių prekybos, pramonės ir amatų rūmai (Siauliai Chamber of Commerce, Industry and Crafts (SCCIC) led by President Mr. Vtis Lembutis and Director General Ms. Edita Grigaliauskienė, along with a distinguished Lithuanian delegation. The discussions were led by MICCI’s National President, Ms. Christina Tee, and MCMTC President, Mr. Martin Ang. Key representatives from the Malaysian business community, including Mr. Nathan Chiam (TS Electrical Marketing Sdn Bhd), Mr. Subendran Sathanandan (Howden Insurance Brokers Limited), and members from SB Tapes Group, contributed to insightful exchanges. Special thanks to Mr. Wayne SHU GUO QUI for organizing the event. This productive meeting explored collaboration opportunities in electronics, sustainable manufacturing, and technology, fostering potential for joint ventures in mid-tier manufacturing. The session also highlighted the importance of skill-sharing, innovation, and market expansion, setting a robust foundation for future partnerships and cultural exchange between Malaysia and Lithuania. MICCI and Malaysian Consortium of Mid-Tier Companies (MCMTC) look forward to a strong and fruitful partnership ahead!

🚀 Join Us for the Baker Tilly Malaysia IPO Roadshow! 🚀 Curious about the journey to an Initial Public Offering (IPO)? Gain exclusive insights from industry experts at our complimentary IPO Roadshow, organized by Baker Tilly Malaysia in collaboration with Bursa Malaysia. This event will cover essential topics on IPO preparation, challenges, and corporate restructuring, and will be conducted in both English and Mandarin. Event Details: 📅 Date: 5 November 2024 🕘 Time: 9:00 AM - 1:00 PM 📍 Venue: Ballroom 3, Renaissance Johor Bahru Hotel 🔹 Hear from top professionals on Listing Requirements, Pre-IPO Restructuring, Corporate Valuations, and Tax Efficiency Strategies for IPO success. 💡 Seats are limited! Don’t miss this opportunity to understand the roadmap to IPO. 👉 RSVP now by completing the registration form here: https://lnkd.in/g9Z_CygS Bursa Malaysia

COURTESY VISIT BY REPRESENTATIVES FROM THE PHILIPPINE TRADE & INVESTMENT CENTRE -KUALA LUMPUR (PTIC-KL) TO MICCI SOUTHERN OFFICE 📅 Date: Monday, 14 October 2024 🕒 Time: 3.00 pm 📍 Venue: MICCI Southern Region Office MICCI Southern was honored to welcome representatives from the Philippine Trade & Investment Centre - Kuala Lumpur (PTIC-KL) on their first courtesy visit on 14 October 2024. The PTIC-KL delegation was led by: 🔹 Undersecretary Ceferino 'Perry' Rodolfo, Undersecretary, Industry Development and Investment Promotions Group (IPG), National Development Corporation (NDC), and Philippine Economic Zone Authority (PEZA) 🔹 Commercial Counsellor Norjamin Delos Reyes, PTIC-Kuala Lumpur 🔹 Mr. Ferdinand “Perry” Ferrer, Chairman and CEO of EMS Group Representing MICCI Southern were: Mr. Lee Ting Kiat, Chairman Mr. YK Ng , Vice Chairman Mr. Isaiah Cheong, Treasurer Ms. Olivia Chin, Branch Manager Mr. Sean G. Pee Yong , Executive Director-Business Development of V.S. INDUSTRY BERHAD The visit aimed to explore opportunities for collaboration between the Philippine Department of Trade and Industry and MICCI Southern, focusing on strengthening trade and investment relations between the Philippines and Malaysia. The discussions highlighted potential partnerships, with a particular emphasis on the semiconductor, electronics, and electrical sectors. The meeting was a positive and productive step in fostering ties, with both sides expressing enthusiasm for future collaborations and developments.

📣 Join Us for the MICCI Post-Budget 2025 Forum! 📊 MICCI is excited to invite you to our exclusive Post-Budget 2025 Forum, where we will delve into the key tax measures introduced in Budget 2025 and their implications on businesses in Malaysia. This is your chance to gain valuable insights and network with key stakeholders. Why Attend? 1. Get expert analysis on Budget 2025 and its tax impact. 2. Connect with government officials from the Ministry of Finance, LHDN, and Royal Malaysian Customs. 3. Access exclusive insights to navigate Malaysia's evolving business landscape. Event Details: 📅 Date: 14 November 2024 (Thursday) 🕑 Time: 1:30 PM to 5:30 PM 📍 Venue: AIAC, Bangunan Sulaiman, Jalan Sultan Hishamuddin, Kuala Lumpur 🎙 Special Guest: YBhg Datuk Johan Mahmood Merican, Secretary General of the Treasury, Ministry of Finance (MOF) Secure your spot by RSVP before 4 November 2024 via the link below: 🔗 https://lnkd.in/gG77Yamj For more details, reach out to Wayne Shu Guo Qui at 📞 011-24207406 or ✉️ wayne@micci.com. Don't miss this opportunity to gain a deeper understanding of Budget 2025! We look forward to seeing you there. RDS Partnership #MICCI #Budget2025 #BusinessForum #TaxInsights #Networking

EXPORT EXCELLENCE AWARDS (EEA) GLOBAL NAVIGATOR SERIES 📅 Date: Monday, 21 October 2024 🕒 Time: 9.30 am – 2.00 pm 📍 Venue: Key 1 & Key 2, Level 7, St. Giles Southkey Johor Bahru MICCI Southern was delighted to be part of the Export Excellence Awards (EEA) Global Navigator Series held on 21 October 2024, organized by Star Media Group in partnership with Standard Chartered Malaysia, with PKT Logistics Group as co-sponsor and Malaysia External Trade Development Corporation (MATRADE) as patron. This prestigious event, themed "Supercharge Your ASEAN Expansion: Strategies for Malaysian Exporters to Succeed in ASEAN," served as a platform to celebrate and empower Malaysia’s top dynamic exporters. The event kicked off with a Fireside Chat on "Positioning Malaysia as a Regional Export Hub," featuring distinguished speakers: The Honourable Mr. Sigit Widiyanto, Consul General of the Republic of Indonesia, Johor Bahru YB Tuan Lee Ting Han, Chairman of the Johor Investment, Trade, Consumer Affairs and Human Resources Committee Mr. Joon Nien Mak, CEO of Standard Chartered Malaysia, as the moderator The panel discussion titled "Thriving in ASEAN: Export Strategies for Established Exporters" included insights from: Dato’ Dr. Munirah Looi, Founder/Strategic Advisor, Brandt Business Services Encik Mazlan Harun, Director of China & Northeast Asia and ASEAN & Oceania, MATRADE Mr. Alan Ng, Head of Trade, Standard Chartered Singapore Mr. Ronnie Faizal Tan, Overseas Project In Charge, Mustafa’s Pte. Ltd. Moderated by Mr. Lee Ting Kiat, Chairman of MICCI Southern Puan Rosmizah Mat Jusoh, Senior Manager for ASEAN & Oceania Section, MATRADE, provided valuable trade statistics and insights on Malaysia's role in ASEAN’s growth moving forward. The event concluded with Ms. Joanne Tay , Executive Director of KJHWOOD Industrial Sdn Bhd and Gold Award winner in the EEA 2022 Small and Medium Enterprises category, sharing her success journey. The EEA Navigator Series in Johor exemplified the collaborative spirit of regional trade and highlighted strategies for Malaysian exporters to excel in ASEAN markets.