Highlights:

 

  1. 220 members of Parliament take oath of office
  2. Invest Selangor organises ‘Selangor Industrial Ride 2.0’
  3. Sarawak government allocates RM12.5 million to boost tourism
  4. EUMMCCI Annual Trade & Investment Forum
  5. EU Envoy hopeful new government will hasten Malaysia-EU FTA talks
  6. Eatigo further its leadership position beyond Southeast Asia
  7. Alipay and Singapore Tourism Board to boost Chinese tourist spending

220 members of Parliament take oath of office

A total of 220 of the 222 MPs took their oath of office in the Dewan Rakyat today. The two absent MPs were Tan Sri Muhyiddin Yassin, the MP for Pagoh, who is on medical leave and Sipitang MP Hafez Musa. Meanwhile, Prime Minister Tun Dr Mahathir Mohamad has described the walkout by opposition MPs from the Dewan Rakyat today as play-acting. All but three MPs from Barisan Nasional and PAS had walked out from the august House midway when Tun Dr Mahathir was making a proposal to nominate retired Court of Appeal judge Datuk Mohamad Arif Md Yusof as the new Speaker. The three who did not join the fray were Khairy Jamaluddin (BN-Rembau), Datuk Seri Anifah Aman (BN-Kimanis) and Datuk Rozman Isli (BN-Labuan).

Invest Selangor organises ‘Selangor Industrial Ride 2.0’

Invest Selangor Berhad has organised the ‘Selangor Industrial Ride 2.0’ in Bangi. The programme, jointly organised by the office of Menteri Besar Selangor Incorporated (MB) and Invest Selangor Recreational Club (KRIS), was held to increase the level of environmental awareness and healthy lifestyle among the masses and industrial bodies. “Invest Selangor is hoping that such programmes will bridge the relationship between the Selangor State government and the industrial communities through healthy competitions such as cycling sports activities, ” said Invest Selangor Berhad in a statement to Bernama.

Sarawak government allocates RM12.5 million to boost tourism

The Sarawak government has allocated RM12.5 million to boost and transform Sarawak´s tourism landscape by leveraging on emerging digital technology for the next three years. State Arts, Culture, Youth and Sports Minister Datuk Abdul Karim Rahman Hamzah said it was in response to Chief Minister Datuk Patinggi Abang Johari Tun Openg´s call to capitalise on the digital economy to boost Sarawak´s tourism competitiveness. “Our ministry has taken the initiative to embrace and redevelop our tourism web portal with enhanced and interactive contents. “This includes developing Augmented Reality and Virtual Reality technology for tourism hotspots in the state starting with the Old Kuching Heritage area, in time for the Visit Sarawak Campaign to be launch at the end of the year, ” he said when delivering his remarks during the First Meeting of the 18th Sarawak State Legislative Assembly here today. Datuk Abdul Karim added that last year Sarawak received 4.85 million visitors, bringing in estimated tourist receipts of RM 8.59 billion while the arrival figures indicated an increase of 4.2 percent as compared to 2016.

EU-Malaysia Chamber of Commerce and Industry Launches the Trade Issues and Recommendation 2018 position paper

The EU-Malaysia Chamber of Commerce and Industry (EUMCCI) held its annual trade & investment forum – the ‘EU-Malaysia Trade and Investment Forum 2018’ in Kuala Lumpur today. This year’s theme centres on “Whither Malaysia’s Competitiveness and Its Role in ASEAN Economic Integration in Enhancing ASEAN-EU Economic Relations?”. The dialogue aims to address key issues of EU-Malaysia trade and investment with the Malaysian government. The pivotal element of the forum is the launch of the EUMCCI Trade Issues and Recommendations 2018 position paper. This publication represents the summary of the work conducted by the EUMCCI’s industry sector Committees outlining the most pressing issues, as well as recommendations on how to improve the business environment with public and private stakeholders. H.E. Maria Castillo Fernandez, Ambassador and Head of EU Delegation to Malaysia said, “the EU stands ready to work together with the new Malaysian government in addressing issues and problems of common interest for both sides, such as open trade, transparency, accountability and good business governance”. Referring to the theme of the forum, the EU Ambassador emphasized the importance of regional economic and political integration within ASEAN as a key factor in generating economic growth, social inclusiveness, fostering democratic values and ensuring political stability.

EU Envoy hopeful new government will hasten Malaysia-EU FTA talks

Ambassador and Head of the European Union (EU) Delegation to Malaysia, Maria Castillo Fernandez has expressed hope the new government will hasten the Malaysia-EU free trade agreement (FTA) negotiations. She said she had met representatives from the government and will meet International Trade and Industry Minister Darrell Leiking next week to talk about the matter. “We will hope that with the new government we can relaunch the free trade negotiations very soon,” she told a press conference on the sidelines of the EU-Malaysia Trade and Investment Forum 2018 in Kuala Lumpur. Fernandez said that the Malaysia-EU FTA negotiations would certainly be a key pillar for a broader EU-ASEAN FTA.

Eatigo receives follow-on investment from TripAdvisor to further its leadership position beyond Southeast Asia

Eatigo, the leading restaurant reservation platform in Southeast Asia, has received a follow-on investment from its existing strategic investor, TripAdvisor, bringing its total raise across all its investors to date to over US$25M. The pre-series C investment for Eatigo comes as TripAdvisor’s restaurants business unit and its subsidiary, TheFork, look to help expand Eatigo’s presence and services across the Asia Pacific region. On the heels of a successful entry into Hong Kong, the Philippines, Malaysia and India in 2017, Eatigo will use the funds to launch in several more markets and extend its product offering. Over the past year, the company has grown rapidly to claim a leading position in every market it operates in. “Eatigo is excited to continue its strong relationship and collaboration with TripAdvisor. These new funds will be integral in allowing Eatigo to consolidate and extend the reach of our leadership and expertise in helping customers reserve the perfect table,” said Eatigo’s CEO and Co-founder Michael Cluzel. Eatigo operates in 6 countries, has over 4 million users, and offers the largest inventory of discounted restaurants offers in the region with over 4,000 restaurant partners, from upscale hotels and fine-dining establishments to popular restaurant chains and neighbourhood budget eateries.

Alipay and Singapore Tourism Board join hands to boost Chinese tourist spending

Alipay, the world’s leading mobile and online payment and lifestyle platform, together with the Singapore Tourism Board (STB), have launched a series of joint marketing initiatives aimed at raising destination awareness of Singapore and driving tourist spending among Chinese visitors. Alipay and STB signed a Memorandum of Understanding (MOU) in September 2017 to enhance Chinese tourists’ overall experience in Singapore. Under the MOU, both parties agreed, among other things, to explore co-investing in joint-marketing initiatives to encourage Chinese tourists to spend with Alipay while in Singapore. Since signing the MOU, Alipay has experienced double-digit growth in user spending. China has also become Singapore’s top market in 2017 for both tourism receipts and visitor arrivals, contributing S$4.2 billion in tourism receipts and 3.2 million visitor arrivals.