2017Ꭰ4ᰴܦ❴ (April 2017) Issue No: 2/2017 KDN: PP8722/12/2012(031293) ACCCIM Bulletin ப޼ੋнЗԡ㔀֋ѪͣЗ㔀ͤ ㅢ 106 ᱋ ѫ઒

Government Announced the Implementation of EmploymentEmployment InsuranceInsurance SSystemystem JointJJooint DiscussionDissccuussssioon bbybyy CChambersChhambbeerrss oofoff CCommerceCoommerrcce andandd TradeTTrradde OrganisationsOOrrganisatioons

ᩫᏈ჏ጯ 㥩჊ᅝ͆ԉ䮕ݢᏒ ጑ੲఎѿघᐬ㖀ፙц䃚䃔䃦

ACCCIM Survey Report on Economic Situation ͙ᕧ̷ࡶᎠ of for the 2nd half of year 2016 ๓侘㏻≺⟢ۡ䄯ᴑ៑ॶ

侘Ბ㺫φ͙ࡺᕧੲц THE ASSOCIATED CHINESE CHAMBERS OF COMMERCE AND INDUSTRY OF MALAYSIA 侘Ბ㺫φ͙ࡺᕧੲц Bulletin 2017Ꭰ4ᰴܦ❴(April 2017) THE ASSOCIATED CHINESE CHAMBERS OF ц䃛 Issue No: 2/2017 COMMERCE AND INDUSTRY OF MALAYSIA じ106᱋Issue No.106 KDN: PP8722/12/2012(031293) Contents ͙఩఩䭱䉤ᬿӯ䔇ༀ঄ц༈්ыц䪫⢳Џ㶔ఎݜ䃫 27 Ⱊᒁ Visit by Delegation of China Council for the Promotion of International Trade (CCPIT) led by its Chairman Dr. Jiang Zengwei ͙ᕧᕧц䪫ᠫⲏᝠ㞛͆⡚䃹Message by 28  ͙఩侘Ბ㺫φ㖀ऴੲߍ⤲ηцᎠᏒц䃚 1 MCBC-CCPIT Annual Joint Business Council Meeting 2017 Datuk Ter Leong Yap, President of ACCCIM 29 ⁎䓺͙఩侧侘䶲η࣮䊊݄͈⎼ຟทͷࡴრLuncheon in 2  㑂䒽ࣶܦ❴㏰ͧЧ⮰䄉Notes by Chairman of the Editorial Honour of Mdm. Liu Dongyuan, Counsellor for Consular and Publication Committee Affairs, Embassy of the People’s Republic of China in Malaysia 仂Ⱔ㒞఩ℽఎ㏿ࣶ㲹ऴᅬ᫜Чᕧ⯽ݜ䃫͙ᕧ 30 Courtesy Visit by Tuan Baharin bin Idris, Newly Appointed Director-General of Department of National Unity and ᅝ͆ԉ䮕ݢᏒ Integration (JPNIN), Prime Minister’s Department to ACCCIM 3  Employment Insurance System 313  ͙ᄻಷЭ͆ᝬ䲎͠ͷ჊䭱∁ᒷ䄪䷄䃞Ꮣц 7 โߟ䄪䷄ Seminar on Practical Legal Issues Facing SMEs  Foreign Workers Issues 32 ͙ᕧ䊠͙఩↋㟻ⰭসႵᓩⰭЏ㶔ఎ ͙ᕧ̷ࡶᎠ๓侘㏻≺⟢ۡ䄯ᴑ៑ॶ ACCCIM Delegation to Jiangsu and Anhui, China 8 ACCCIM Survey Report on Economic Situation of Malaysia for the 2nd half of year 2016 35 ͙ᕧ䱾ੲఎ䊠㤞ᒷც侘ᅨ៵࣮䃫ఎACCCIM Young Entrepreneurs Delegation to Manila, Philippines ͙ᕧ䱾ੲఎ䃫䬚䊶ࢃࣶᄚ఩ACCCIM Young Entrepreneurs 36 Delegation to Vietnam and Lao PDR 38  ͙ᕧЏ㶔ఎ䊠͙఩Ꭻጊ࣮ߌじᅶ͙఩䔇ܦएੲ৭ϐᬿц ACCCIM Delegation to Guangzhou, China in Participation of the 121st Session of China Import and Export Fair ఩ᕧੲц̺侘Ბ㺫φ఩䭱䉤ᬿࣶ጑͆䘔䪫ᠫⲏڔ侘Ბ㺫φ ● 1313 ᫛䛸ᚁ᫛䓪∁ᮆრϐ≭ NCCIM Dinner Interaction with ⹨䆸᠈цじθ䉎ᩫ䘔ޛ䘔䪫ᠫⲏᱺᔃϚCourtesy Call on YB YB Dato’ Sri , Minister of International Dato’ , Deputy Minister of Finance II Trade and Industry, Malaysia (MITI) 39 ᠈ц侘Ბ㺫φ㗍⺔ϐᬿᝬ ఩ᕧੲц䊠࢜Ꮢ Courtesy Visit to Bursa Malaysia Berhadڔ䙹ऴ侘Ბ㺫φ仂ⰤჄ䃫࢜Ꮢ侘Ბ㺫φ ● 14 ᫜ᓣ䛸Џ㶔ఎNCCIM Delegation to New Delhi, India in ⹨䆸᠈цᭋ≞ᬑ៑Courtesy Visit to conjunction with YAB Prime Minister of Malaysia Offi cial Visit to India ⹨䆸᠈цࢃ∷ੲ៑Courtesy Visit to Nanyang Siang Pau Visit by The Japanese Chamber ఩ᕧੲц̺ጠ᳃጑ੲцオ㒞䄱㼏ำᔄᒁ侘Ბ 40 ๓侘ᬑ᱘䉤ᬿ̺጑͆ੲцݜ䃫ڔ侘Ბ㺫φ ●  of Trade & Industry, Malaysia (JACTIM) 㺫φ仂Ⱔࣶጠ᳃఩⢷㻭䃭 NCCIM and Bahrain Chamber of Commerce and Industry (BCCI) signed Memorandum of ͙఩⊅↋๓႒Џ㶔ఎݜ䃫͙ᕧ Courtesy Visit by Delegation Understanding (MOU) – Witnessed by YAB Prime Minister from Zhejiang University, China of Malaysia and His Majesty King of Bahrain 㤞ᒷც侧侘Ბ㺫φੲߍ࣮䊊ݜ䃫͙ᕧVisit by Commercial Attaché of Philippines Trade and Investment Center 㺫਑侧侘Ბ㺫φੲߍ࣮䊊ݜ䃫Visit by Trade Commissionerු 41 of Embassy of Mexico in Malaysia 15 Ꭰ఩ტ䨢㵸Ꭰ៑þ㏻≺㶔⣜᭛॒Ϛⱨ喢 Bank Negara Malaysia Annual Report 2016 – Is The Economy ͙఩叽哅↋Ⱝ጑ੲ͆㖀ऴцЏ㶔ఎݜ䃫͙ᕧ Doing Well? Visit by Delegation of Heilongjiang Federation of Industry & Commerce, China აЏ㶔ఎݜ䃫͙ᕧژ͙఩叽哅↋ⰭϦℽᩫᏈโηߊ Visit by Delegation of Foreign Affairs Offi ce, Government of सᣔߔᐦ䃪Ą侘Ბ㺫φ݇ Heilongjiang, Chinaڝ͙ᕧ̵̺ᱦᲰオ㒞ऴ҈䄱㼏ำᔄᒁ  26 ᫜೺ąACCCIM Signed MOU with 3 Parties to Jointly Promote 42 ͙ᕧरᆊцͧߊ⮰ͧ㺭≧ߔ “Malaysia Innovation Cluster” Major Activities Organised by ACCCIM Constituent Chambers

Published by 㑂䒽ࣶܦ❴㏰Editorial and Publication Committee ܦ❴ 侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌 䶪䶪䬚䬚AAdviserdviser ޛͧ㑂Deputy Chief Editor 䯰 ⊒᪳⥨Christine PooٲTHE ASSOCIATED CHINESE CHAMBERS OF ͥ᫛䛸ᠫⲏႷ COMMERCE AND INDUSTRY OF MALAYSIA Tan Sri Dato’ Soong Siew Hoong ន㵸㑂䒽Executive Editor Chairman 6th Floor, Wisma Chinese Chamber, ͧЧ 䭴⻷䠮Tan Chiew Ling ❵Dato’ Low Kian Chuan ᄭ䲎䃪䃍ࣶᢾڔᠫⲏࢎ᜼ 258, Jalan Ampang, ߕ㑂Assistant Editors Cover design and Artwork : ЧDeputy Chairmen ֱ⥘ࠐPoh Wan Kh’ng Lin Graphicͧޛ ., Malaysia 50450 17B, Jalan SR 3/2, Taman Serdang Raya, Tel: 603-4260 3090/3091/3092/3093/ ͥ᫛䛸ᠫⲏᑌᬸ఩ 台᪳ᚓ Kelly Wong 43300 Seri Kembangan, . 3094/3095 Tan Sri Dato’ Teo Chiang Kok 䅎ᓣᱯ Felix Cheah Tel: 603-8945 3933 Fax: 603-8945 2933 Fax: 603-4260 3080 㩍᪳≞ᒷጴ ᳃䯭⣞Lim Yen Ling ឫ࢜Printed by: E-mail: [email protected] Mr. Michael Chai 䴕ҟᚿHon Jia Hui Len & Hup Printing (M) Sdn. Bhd. No. 7, Jalan SR 7/11, Serdang Raya, Homepage: www.acccim.org.my ͧ㑂Chief Editor 䅎఩㢏Sia Kok Eng 43300 Seri Kembangan, Selangor. facebook: www.facebook.com/acccim ঔ᩻ဒChow Mun Seong ҁ㪅ᮠHoo Hui Ching Tel: 03-8948 1698 Fax: 03-8941 6386 侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ 总总会长会 长 拿拿督戴良业督 戴 良 业 献献词词

Message by Datuk Ter Leong Yap, President of ACCCIM

Ꭰᰴ喏᜽И㻭䃭β๓侘Б͖ᰴ⮰ᬢ䬠喏჊⣜Ą᪜ႃ㜖⩝䉤ᬿࡦą䃍ܾ喏᜽఩᪜ႃ㏻≺ ऒ̬͖᫜⮰䛸⼷ⶽȠڑϺₐ䓴

ᝂ䃤ᰵϦ䃐ͦ᪜ႃ㏻≺䔄᭛͖᫜凈⮰䃹ⅳ喏჊䭱̶喏⣜౔๓ტᏀ䄑䓺๠䊢̶ࣧ႒Όসβ㼏ҁ 䄿᪜ႃ㏻≺喏БࣶႯᝬፒᲑ⮰᭛̬͖ᔺᵣ䷌㺲ь㐋㏻ੲὍᐻ⮰䓼҈᫥ᐻসጮ౦Ƞ䔅ᵣ᜽И᝹ 㘩ᰠᛮᓃຮҁࣧាᤍȟર⩔সᰬ๓ࡂ᪜ႃ㏻≺ͦЭ͆ፒᲑ⮰ᩥऄসӫݕȠ

౔᜽఩䃪⿷⮰⩡ၼ͂⩸䉤ᬿ᎟ज喋F851喌喏ᄲ᭛䭫䛸ጠጠ䯲ఎ౔͙ ఩Бโ⮰じ̬͖䄁侸 ࡂጮ౦喏䃕䓳⤯ڔ䉥㜖⩝ᒬᲑ喏⾭ⵠβ౜ࡦͷ䬠⮰ᅬ䭼喏᣼Ӈ⊵⤯ڔࡦȠF851⮰㥩჊ᄲӯҫ 䉤ᬿȠ͙ᕧ ͼ㻭F851⮰䃪⿷喏ጸ᱇ц঄ੲ⤯ڔโ⮰͙ᄻЭ͆喏ᰵᱦц࣮̺⊢ܦࣧ⇍ᰵ㘩߇۞ ტИ㘩ֆຩ۲ำ喏䓺ᣑ᫜ᬢЏ⮰Ბ͠Ƞ

͙ᕧ΋ⴎ㼬ц㐓㐙ࡻߕц঄ੲტ喏ᢸᤍ᫜ⴑ䃲喏ҷຮᰴͪ㵸⮰Ą͙ᄻಷЭ͆ᝬ䲎͠ͷ჊䭱∁ ᒷ䄪䷄ą䃞Ꮣц喏ͦц঄ੲტ᣼Ӈ∁ᒷ৔䄎সԍᖛ喏ຮҁ౔⩡ၼੲߍ≧ߔ᫥䲎喏Ꮐᄥੲ͆∁ ᒷ䄪䷄Ƞ᜽নभц঄ੲტИ喏⼛Ჭ࣮̺͙ᕧͪߊ⮰≧ߔ喏ᢸᤍᰠๆᰬ᫜䉰䃛Ƞ

ₐโ喏᪜᪜ႃ㏻≺΋ⱬ䛹Ą݇᫜̺݇ᘻą喏ᬓᰵ⮰㏻㥑ὍᐻᝂẮᔡ౔๓᪜ᢚᬢЏጞ̹ऴᬢ჈჈喏ఌ ጯ϶Ꭰ ⮰ߟߔ㞮ͧژₐੲტИᏀᰠ∔䛹Э͆⮰݇᫜ࣽᆁ喏ᐬ៿᫜⮰⒈㘩̺ੲᱦȠऒโ喏ᩫᏈ ䷄Ą ݇ ᫜ ঄ ጑ ӯ 䔇 䲕 ᫜ ą喏΋ 䄠 ᬺ ݇ ᫜ ᄥ ᣔ ߔ Э ͆ ᝂ ఩ ტ ࣽ ᆁ ⮰ 䛹 㺭 ᕓ Ƞ

᜽भ䄣๓ტֆຩ۲ำ喏䓺ᣑ᪜ႃ㏻≺ፒᲑ⮰ᩥऄ喏Ꭲ̀ឿ۲ࣽᆁ⒈㘩Ƞ᜽⌝ԍ喏᜽఩㏻≺϶ऺ ߫ᓱᰠ㨘߯Ƞ 㑂䒽ࣶܦ❴㏰ͧЧ⮰䄉

ጯᄲ౔Ꭰ㥩჊ᅝ͆ԉ䮕ݢᏒȠژᏈ౔϶Ꭰᰴ ᩫ ͙ᕧ̺ๆ͖጑ੲఎѿघᐬ㖀ፙц䃚喏㶔䓪጑ੲЭ͆ 䕿喏Ӈ䄧㔱࣮䬱Ƞ៑ڟ㜠⮰⿷౦Ƞ᱘᱋ц䃛ܶ⮧Ⱔ̬⩸

ጯβȧ̷ࡶᎠ๓侘㏻≺⟢ۡ䄯ᴑ៑ژ͙ᕧ౔ᰴ΋ ⮰䄪䷄Ƞसᬢ 喏∔ڟ⩸ქ⋡Ⰲๆ䶥ᑿݹ጑ੲڱॶȨ喏䄯ᴑ ᱘᱋ц 䃛΋ܶ⮧⹪ц ㏻≺ⵀ⾢͙ᓯᅝ఩ტ䨢㵸៑ॶ ᲼ 喏Б ࣶ โ ߟ 䄪 ䷄ ⮰ ᰬ ᫜ 䔇 ᆁ 喏Б ݕ ᘌ 䄧 㔱 Ƞ ܲ ܦ Β҈

఩ᕧੲцڔ䓳͖ࣧᰴ᱋䬠喏͙ᕧ㐓㐙⼛Ჭ࣮̺侘Ბ㺫φ ⮰≧ߔ喏΋ᠭ㐙ͪߊๆ䶥䃞Ꮣцȟ䊠 ఩ โ Џ 㶔 ఎ 䔇 㵸 ੲ ᱦ 㔯ᄋࣶߌᑦ̺ ⊣ โ ఎѿ⮰ϐ≭ȟᣑᒱݜ䃫⮰ᩫᏈᱦᲰ স ੲఎふ喏᱘᱋ц䃛΋ᩢᒁβ䔅χ≧ߔ៑ᄨ喏䄣 䄧㔱࣮䬱Ƞ Dato’ Low Kian Chuan 拿拿督卢成全督卢成全 Notes by Chairman of the Editorial and Publication Committee

n March, the Government has announced that the Employment Insurance ISystem will be implemented in 2018. ACCCIM together with various chambers of commerce and trade organisations had a joint meeting and expressed our collective standpoint. This issue of ACCCIM Bulletin published the related article for reference.

ACCCIM announced the Report on Economic Situation of Malaysia for the 2nd half of year 2016 in March, of which covered substantial current issues facing the business sector. An analysis on Bank Negara Malaysia 2016 Annual Report by SERC Sdn. Bhd., and an update on foreign workers issues were also reported.

In the past two months, ACCCIM continued to actively participate in NCCIM’s activities, organised various seminars, delegations abroad to explore business opportunities and enhance interaction with overseas organisations, reception of numerous visiting Government agencies and trade organisations. These activities were also reported in the Bulletin. ♒◥HighlightsM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M3 ਅ̀мⓡՕ଎ Employment Insurance System

સϗة๬⒖إߓϵᨇૐϗἊ܇ଉᖗԓল દู

Ϧ߇䉰⎼䘔䪫ᠫⲏ᫛䛸䛸ᄋ◴κᎠ र጑ੲఎѿκᎠᰴᬑ౔͙ᕧц䃚ࢱघᐬ㖀ፙц䃚喏Ꭲκ ᰴᬑऽ྾ѿ䔻䱞喏ᅝ͆ԉ䮕ݢᏒጞ㣣 цऺघᐬ᫜䬧ࣽጯц喏ࣽጯ጑ੲ⩸ᄥᅝ͆ԉ䮕ݢᏒ⮰⿷౦Ƞ㖀ፙ цц䪫ᠫⲏ᳃఩ࣶ᪳侘Ბ㺫φ㏦㏳ژ䬭䕆䓳喏Ꭲ࢟ᄲ᣼ॴ఩цȠ ц䃚⩝侘Ბ㺫φൽ᫅ࢮੲڱ ፙЏ㶔ͦ䷈᪳ܦݢ䕌ੲࡻцц䪫ᠫⲏ᫛䛸䭴๕ԉ㖀ऴͧᠭȠ͙ᕧ Ƞ⩋ٴ仂Ⱔᠫⲏ᫛䛸㏟वκᎠᰴᬑࣽ 䧒 ᪳ॶ჏ጯ喏ᩫᏈ۟჆౔Ꭰᰴᬑ喏㥩 ࣶ侘Ბ㺫φ䯳ͧ㖀ऴцڔ჊ᅝ͆ԉ䮕ݢᏒ喏䃕䗏χ๝ࣧ጑҈⮰঄ ᫜䬧ࣽጯц⩝͙ᕧᕧ⼄Βᠫⲏࢎ᜼ 㖀 %BUVL)K4IBNTVEEJO#BSEBO ន㵸㦏ηᠫⲏᆝ㟻̭ .&' 䃙㏯⮰ᱦڹ጑喏㣣ᓃ⩋≧䉥⮰ፚߕ喏Бࣶ ц喏Б᣼ࡳ጑҈㘩߇ࣶᄧឪ᫜⮰጑҈Ƞ౔ ऴͧᠭȠ͙ᕧܦፙЏ㶔࠱᠘じθޛᕧ⼄Β㩍᪳≞ᒷጴࣶ͙๚⤲η Ƞ⩋ٴₐݢᏒ̷喏䯳ͧস䯳঄䰬सふ⮰⃻ᰴर ䷈᪳䧒 ⹪ц⩝ڑ㏟㑠ϐ㫖Ⅰ⮰̬჆⮪ܲ℀喏Б सദ䛽Ƞ ᩛᠭ㖀㒞᪳ॶఎѿ౔᫜䬧ࣽጯцघᐬᬢ䓪ݜ͖喏Ꭲ౔䒯ऺ්ڝԉ䮕ᱦᲰネ⤲⮰ ٷፙц䃚ࣶ᫜䬧ࣽጯц⮰጑ੲఎѿ喏Бࣶ᱖ܦߌ㜟͖喏䔅࠱᠘ 䔅䶥∁ᵴ䶰䃍౔ᰴ⮰఩ц᣼ॴȠ ܦፙц䃚喏Ѳ㐅δए๠ࣶΒ䲎ఊู⮰጑ੲఎѿȠ

ܦፙ᫜䬧ࣽጯцͷ጑ੲఎѿЏ㶔Ƞ Representatives of Chambers of Commerce and Trade Organisations attended ,ݹᢾጒ䊣喝ᠫⲏ᫛䛸䭴๕ԉȟᠫⲏ the Media Conference. Front row (from left) were Dato’ Sri Tan Thian Poh ȟ Datuk Lim Kok Boon, Datuk Hj. Shamsuddin Bardan, Dato’ Low Kianڔ᳃఩᪳ȟᠫⲏᆝ㟻̭ȟᠫⲏࢎ᜼ ȟげ㐕⤲ Chuan, Mr. Davies Danavaindran, Mr. Samuel Cheah, Mr. Foo Chek Lee and⩋ٴȟ䅎⦊⛅⩋ٴᝠ㐠᫛ .ࣶᠫⲏ↋ࡺᑦȠ Datuk Michael Kang⩋ٴ

ᠫⲏᆝ㟻̭喋ጒθ喌 喋ጒڔᠫⲏࢎ᜼̺ ̵喌㖀 ऴͧ ᠭ ᫜䬧 ࣽጯцȠDatuk Hj. Shamsuddin Bardan (2nd from left) and Dato’ Low Kian Chuan (3rd from left) jointly chaired the media conference. 4M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

ጟ෌ḗ≨ٻ๖

 ຮ᳈䯳ࣶͧ䯳঄ᓱ䶧⃻ᰴᠭ㐙㑠ϐ喏⇍ᰵ ⮰Ὅᐻ喏䯳ͧস䯳঄⃻ᰴ䰬रݗ Eܦ ຮ᳈ᵥᢚϦ߇䉰⎼䘔ᬕݹ᣼ B ჊ܦ㑠ϐ㫖䚘⮰0.25%҈ͦԉ䉥喏䔅ᄥ䯳ͧস䯳঄䘩᭛䷉โ䉋៱喏 䶢䭼⮰ᗱ̷ۡ喏ᝬ㉛⼛⮰䶥ᄲ䔈䔈䊱 सᬢ΋䃕䉋䉏Ч⮰䯳ࣶͧ๓䘔ܲ⮰䯳঄喏ᓱ䶧ឫ៱̹䉋䉏Ч⮰ 䭱ᝬ䰬Ƞ ̹㞛䯳ͧᝬᏀ䉋⮰䉏ЧȠ ഥ䃙ȟឬ㘩᣼ڹ⮰ܦ ᅝ͆ԉ䮕Ὅᐻ͙ᝬ᣼ F  侘Ბ㺫φߟ጑∁Аጞᰵ∁㻰ԉ䯈㷗䖏᪏঄጑⮰⺻ݕ喏䯳ͧᓱ ࡳ䃙㏯ࣶ㕸͆䙹ᄥふ喏ጞᰵᩫᏈᱦᲰࣶ䘔 C 䶧ᵥᢚ䯳঄᰹ߍᎠ䉰㐅δ䖏᪏䉥(Employment Termination 䬔䉋䉏喏䯳঄Ꭲᬌ䰬ͦₐ㑠ЄЧҁ䉥⩔Ƞ Ⱊڢand Lay-off Benefi ts – ETLB)Ƞఌₐᝬᐦ䃚⮰ᅝ͆ԉ䮕喏 ⮰Ꮐ䄑᭛ԉ䯈䗏χఌͦ䯳̹ͧ䉋䉏Ч⮰䖏᪏㔸᱖㣣ᓃЧҁ䊀 G  ጑ੲ⩸䃐स䃪⿷⹪цԉ័㑽(social safety ⮰঄጑Ƞ net)⮰䛹㺭ᕓ喏Бԉ䯈㷗䖏᪏ࢠ⇍㣣ᓃ䊀֫ ⮰঄጑喏Ѳ̹䃐सᩫᏈᐦ䃚⮰ᅝ͆ԉ䮕֫ D  ᵥᢚ侘Ბ㺫φߟ጑ጮ౦ࢲᎠ᪜ᢚ᭪⹦喏࢟ҫ౔1997-98Ꭰ㏻≺ Ὅᐻ喏ጸ᱇ᩫᏈ㘩๋̺጑ੲ⩸ੲ䃔喏ᷬ䃔ᝬ ䷺ᯠ᱋䬠喏᱖㣣ᓃ䖏᪏䉥⮰঄጑ϱࢌߟ጑ጮ౦⮰0.03%喏Б᎟ ᐦ䃚⮰Ὅᐻ喏Ꭲᣎ䃔Бႄ᫥ᐻंЏ喏⩝ᩫ सឫ៱喏䃪⿷㑠㏟䶢ڝ౳RM2,800ᰴ㫖䃍ッ喏ᝬ䰬䷉ͦ1,713̳АवጒटȠछ᭛Ϧ߇ Ꮘȟ䯳ࣶͧ䯳঄̵᫥ 䒧䯳ͧ䉋៱喏䯳঄΋㘩๋౔䔬нऺ㉎ۻ䉰⎼䘔ᝬ᣼ॴ⮰Ὅᐻ喏⃻Ꭰᄲᩢं倄䓪ϫАव⮰䶥Ƞη჊ 䭼喏 ᄽȠ ఊ᱘䏗ᝬ㑠ϐ⮰ԉ䉥喏҈ͦ䔬нദ䛽Ƞۻ喏౔1997-98Ꭰͷऺ喏᱖㣣ᓃ䖏᪏䉥⮰঄጑᪜Ⱊጞ๓፱̶

JOINT INDUSTRY PRESS RELEASE

Industry groups unanimously reject the EIS effectively only 0.03% of the total workforce) were left in the lurch. If the intent purpose of the EIS is to look after the Kuala Lumpur, Thursday, 23 March 2017 – 94 industry interest of these 5% of the retrenched workers who were not organisations have unanimously objected to the Ministry paid retrenchment benefi ts, the structure of any proposal of Human Resource’s proposal to set up the Employment should be proportionate to the potential pay out to these Insurance Scheme (EIS). workers. However, on the basis of the EIS being implemented, the contributions by 100% of the entire workforce from both It is understood that the Minister of Human Resources YB employers and employees would amount to a staggering Dato’ Sri plans to table the proposed EIS RM1.142 billion (based on 0.5% x 6.8 million private sector Bill in Parliament in July this year. workers x average RM2,800 salary x 12 months) every year while the pay out to potential retrenched staff who are The proposed EIS purports to assist retrenched workers by not paid termination benefi ts, which is only 0.03% of the providing temporary fi nancial assistance and opportunities for entire workforce, would not be more than RM17.13 million reskilling and upskilling. (0.6% x 5% unpaid x RM2,800 x 3 months x 6.8 million workers), which is only 1.5% of that amount collected. The Under the EIS, employers and employees are required to EIS is clearly not equitable as the amount collected is overly contribute an equal percentage of employees’ salaries (0.25% disproportionate to the intent purpose of the proposal. by employers and 0.25% by employees) to a common pool to be managed by SOCSO. The EIS is clearly unwarranted as occurrences of unpaid retrenchment benefi ts is not more than 5%, even during the We are of the view that there are obvious flaws with the worst of the Asian fi nancial crisis in 1997-98. proposed EIS that is detrimental to both employees and employers given that, for reasons as set out below, only a Since then, the compliance by employers had improved over few employees and recalcitrant employers will benefi t at the the years and in 2015, all employees who were retrenched expense of other employees and responsible employers. received their benefi ts.

During the height of the Asian Financial crisis 1997-98, the In fact, in terms of economic cycles, an economic downturn number of employees retrenched was only about 0.6% of which results in retrenchment does not occur every year, the total workforce. Of all the retrenched employees, 95% while the EIS, if implemented, will result in both employees received their termination benefi ts while only 5% (which is and employers having to contribute EVERY year. ♒◥HighlightsM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M5

Joint Media Conference on Employment Insurance Scheme

National Level Organisation 40. The Federation Of Malaysia Chinese Guilds Association (FEMACGA) 1. Malaysian Employers Federation (MEF) 41. Association on Insurance Employers (AIE) 2. The Associated Chinese Chambers of Commerce and Industry 42. Association of Hotel Employers (AHE) of Malaysia (ACCCIM) 43. Malayan Commercial Banks’ Association (MCBA) 3. Malaysian Associated Indian Chambers of Commerce and 44. Malaysian Chamber of Mines (MCM) Industry (MAICCI) 45. Malaysian-French Chamber of Commerce and Industry 4. Federation of Malaysian Manufacturers (FMM) (MFCCI) 5. Malaysian International Chamber of Commerce & Industry 46. Financial Planning Association of Malaysia (FPAM) (MICCI) 47. Malaysian-German Chamber of Commerce and Industry 6. Malaysian Plastics Manufacturers Association (MPMA) (MGCCI) 7. SME Association of Malaysia 48. Persatuan Perkhidmatan Kawalan Keselamatan Malaysia 8. Malaysian Textile Manufacturers Association (MTMA) (PPKKM) 9. Master Builders Association Malaysia (MBAM) 49. Malaysian Garment Manufacturers’ Association (MGMA) 10. Malaysian Association of Foreign Maid Agencies 50. Federation of Textiles General Goods & Garment Merchants 11. Malaysian Association of Hotels (MAH) Associations Malaysia (FOTGAM) 12. Malaysian Rubber Glove Manufacturers Association 51. Federation of Chinese Physicians And Acupuncturist (MARGMA) Association Of Malaysia (FCPAAM) 13. Malaysian Furniture Council (MFC) 52. Malaysia Traditional Chinese Practitioners Association of 14. Malaysian Footwear Manufacturers’ Association (MFMA) Malaysia (MTCPA) 15. Malaysian Iron & Steel Industry Federation (MISIF) 53. Malaysian Bakery, Biscuit, confectionery, Mee and Kuay Teow 16. The Federation Of Malaysia Hardware, Machinery & Building Merchants Association Materials Dealers’ Association (FMHMBA) 54. Malaysian Knitting Manufacturers Associations 17. Malaysia Shopping Malls Association (PPK) 55. Persatuan Pemborong Pakaian Malaysia 18. Federation of Livestock Farmers’ Associations of Malaysia (FLFAM) State/ Regional Level Organisation 19. Persatuan Pengusaha Restoran India Malaysia (PRIMAS) 20. Malaysian Knitting Manufacturers Association 56. Kuala Lumpur & Selangor Fruit Farmers’ Association 21. Malaysia-China Chamber of Commerce (MCCC) 57. Business Forum 22. Federation of Malaysian Foundry and Engineering Industries 58. Commercial Employers Association of Peninsular Malaysia Associations (FOMFEIA) 59. KL and Selangor Stationery Booksellers Association 23. The Electrical and Electronics Association of Malaysia 60. Commercial Employers’ Association of Peninsular Malaysia (TEEAM) (CEAPM) 24. Malayan Agricultural Producers Association (MAPA) 61. Federation of Industries (FSI) 25. Malaysian Association of Hotel Owners (MAHO) 62. Sabah Timber Industries Association (STIA) 26. Malaysian Air-Conditioning & Refrigeration Association 63. Sarawak Chamber of Commerce & Industry (SCCI) (MACRA) 64. Sarawak Timber Association (STA) 27. Malaysia Foodstuffs and Toys Merchants Association (MFTMA) 65. The Engineering & Machinery Industry Employers’ Association, 28. Persatuan Pengusaha Muslim Malaysia (PRESMA) Peninsula Malaysia 29. Malaysia Entrepreneurs’ Development Association (PUMM) 66. Foundry & Engineering Industries Association (MFEIA) 30. The Malaysian Wood Moulding & Joinery Council (MWMJC) 67. The Selangor & KL Foundry & Engineering Industries 31. Malaysian Gift and Premium Association (MGPA) Association (SFEIA) 32. The National ICT Association of Malaysia (PIKOM) 68. Foundry & Engineering Industries Association 33. Federation of Goldsmiths and Jewellers Association of (NSFEIA) Malaysia (FGJAM) 69. The Foundry & Engineering Industries Association 34. Federation of Sundry Goods Merchants Association of (PFEIA) Malaysia (FSGMAM) 70. State Foundry & Engineering Industries Association 35. Malaysia Retail Chain Association (MRCA) (JFEIA) 36. Malaysia Budget Hotel Association (MyBHA) 71. Foundry & Engineering Industries Association (PHFEIA) 37. Malaysian Wood Industries Association (MWIA) 72. Foundry & Engineering Industries Association 38. Malaysian Panel Products Manufacturers’ Association(MPMA) (PENFEIA) 39. The Malaysia Shopping Malls Association (PPK Malaysia) 6M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

73. Foundry And Engineering Industries Association 81. SME Klang (KFAEIA) 82. The Batu Pahat Textile & Piece Goods Merchants Association 74. / Foundry & Engineering Industries 83. The Muar Textile & Piece Goods Merchants’ Association Association (KPFEIA) 84. Johore Bahru Piece Goods & Textiles Merchants Association 75. Sarawak Foundry & Engineering Industries Association 85. The Malacca Textile & General Goods Dealers’ Association (SWKFEIA) 86. Province Wellesley Textile Garment & Tailoring Association 76. Sandakan Mechanical Engineering Works Association 87. Persatuan Peniaga Nilai 3 Wholesale Centre (SMEWA) 88. Selangor & Federal Territory Chinese Textiles & General Goods 77. South Johor Foundry & Engineering Industries Association Merchants Association (TAGMA) (SJFEIA) 89. Textiles & General Goods Importers & Exporters Association of 78. Kluang Foundry & Engineering Industries Association Kuala Lumpur Federal Territory & Selangor (GIMTEX) (KLFEIA) 90. The Penang & Province Wellesley Garment Association 79. Segamat Foundry & Engineering Industries Association 91. The Perak Garment Manufacturers’ Association (SGTFEIA) 92. Perak Chinese Piece Goods & General Merchants Association 80. Batu Pahat Foundry & Engineering Industries Association 93. North Malayan Chinese Textiles & General Merchants Association (BPFEIA) 94. Persatuan Usahawan Cina Kuala Lumpur & Selangor

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โߟ䄪䷄ Foreign Workers Issues Dato’ Suriani Dato’ Ahmad, Deputy Secretary General of Ministry of Home Affairs discussed foreign workers issues with industry representatives 䄪䷄ȠڟΒ䪫ᠫⲏ㟻ͩφ໚̺጑ੲఎѿЏ㶔ੲ䃔โߟⰤ⼄ޛᩫ䘔ڱ ፙц䃚⮰Џ㶔喏࠱᠘侘Ბܦ䯳ͧᑦݢ䉏Ч ᰴᬑᑿ๕ ఩ᕧੲцࣶᆊц喋͙ᕧȟ侘Ბ㺫φڔEmployer Mandatory Commitment (EMC) 㺫φ 侘ᲑϦᕧੲцȟ侘Ბ㺫φ࢜ᏒϦᕧੲцȟ ژ఩ᕧੲцᕧц䪫ᠫⲏᝠ㞛͆⢳䶲̷喏጑ੲఎѿЏ㶔 侘Ბ㺫φ఩䭱ᕧੲцࣶ侘Ბ㺫φࢮੲڔ౔侘Ბ㺫φ ᩫ䘔䪫ᠫⲏ᫛䛸䭫᱗᝺ጸ䔇㵸ల ц喌喏Бࣶ侘Ბ㺫φ䯳ͧ㖀ऴцȟ侘Ბ㺫φڱڨ仂ⰤޛκᎠᰴᬑ喏̺ цȟ侘Ბ㺫φ㏦㏳ݢ䕌ੲࡻژᵸ䃔䃦Ƞ ͙ᄻಷЭ͆ ц喏Бࣶ侘Ბ㺫ژцȟ侘Ბ㺫φൽ᫅ࢮੲ ц⮰Џ㶔ȠژᏒघᐬ̺र጑ੲఎ φᐦぽੲڹ఩ᕧੲц䒯ऺ౔Ꭰᰴᬑ喏ڔ侘Ბ㺫φ ➥ᩫ䘔ࣶϦ߇䉰⎼䘔㖀ऴ㏰᜼⮰ڱѿ⮰㖀ፙц䃚喏Бੲ䃔᣼ϐδ 䛹㖄䃍ܾͷᐦ䃚Β喏࠱᠘ガࡂ⼷Ꮋȟ䭹Ѻᩢ䉥ふȠ ц䃚̶र䕌䃔䃦βᄥ䛹㖄䃍ܾ⮰ᐦ䃚喏΋ڟݗༀ঄цᰵ 䄪䷄䔇㵸ϐ≭喏Ꭲ䛹⩟βڟᄥर䶥โߟⰤ Β䪫ᠫⲏ㟻ͩφ໚κᎠᰴᬑघᐬ̺侘Ბ㺫φ 䃪⿷ᩫᏈࣶ⻭Ϧ⩸㖀ऴ጑҈ༀ঄цᝂ჆⼄ޛᩫ䘔ڱ ᩫ䘔䪫ᠫ ᱋ᄥ䄉ᱦݢ⮰ᓱ㺭ᕓ喏ᠫⲏ㟻ͩφ໚㶔ڱڨ仂Ⱔޛ఩ᕧੲцࣶ጑ੲ㏰㏳Џ㶔⮰ц䃚喏䌋䔇̺ڔ 仂ⰤȠ侘Ბ㺫φޛᘻ㻭ь䓪δڟ仂ⰤȠͦ⶚ԉ ⹦цᄲᰵޛⲏ᫛䛸䭫᱗᝺ጸలᵸ䃔䃦ͷη䶥喏Бӫ᣼ॴᐦ䃚δ ఩ᕧੲц΋౔ᰴᬑ喏᣼ॴำᔄᒁδڔ ፙ㔱ੲ䃔⁞᣼ॴܦᑿ๕ц䃚᜼ᩴ喏጑ੲఎѿκᎠᰴᬑघ䯲 ᩫ䘔Ƞڱ ᩫ䘔ͷᐦ䃚Ƞڱ㐅

䛹䛹㖄䃍ܾࣶន∁ࢍࣽᩪ㖄䃍ܾࣶន∁ࢍࣽᩪ Reehiringhiring PProgrammerogramme aandnd IIssuancessuance ofof e-Carde-Card

̺⼧ℽᅬโߟ䘔䬔ᕧ⯽ᠫⲏܛ冭⮰➥ ݗ጑҈䭋ц䃚Ƞ Special Task Force Meeting with Dato’ Khairul Khar bin Yahya, Director of Foreign Labour Division of Immigration Department.

⼧ℽᅬโߟ䘔䬔ᕧ⯽ᠫⲏܛ冭κ Ꭰᰴᬑघᐬ➥ݗ጑҈䭋ц䃚喏ⅳ៑ 䛹㖄䃍ܾࣶន∁ࢍ⮰䔇ᏒȠᠫⲏܛ冭 㶔⹦喏⼧ℽᅬጞᅝ጑ੲ⩸⮰ࣹᭌ喏ᄥន โโߟ⩟䄣ࣶ㖄䄣ᱦݢߟ⩟䄣ࣶ㖄䄣ᱦݢ ∁ࢍ⮰⩟䄣⼷Ꮋ҈ܦβᩥ䔇喏ጸ᱇጑ੲ MMechanismechanism ttoo AApplypply andand EmployEmploy ForeignForeign WorkersWorkers ⩸छБͧߔ࣮̺䃍ܾ喏ຮᰵ䲎ᄥЧҁ䬚 ䷄喏छБऽ䄑ᅬេ䃵喏БӫЂИ䛳ं㵸 㜖Ꭰᰴᬑᐬ໷喏ᝬᰵੲტ䘩ᓱ䶧䕆䓳㑽̶⮧䃜喏Б⩟䄣ࣶ㖄 ߔȠ ⩔᫜⮰โߟ喝 " 㖄䄣ႋߌ៵ㅹโߟ-Sistem Permohonan Pekerja Asing (SPPA) 䉥ࣽᩪ  㑽౬https://www.sppa.com.myٹ冭΋ᑦ䄯喏ន∁ࢍ᭛ܛᠫⲏ ⮰喏䄑ᅬ΋⇍ᰵༀЧЧҁЏ⤲喏নभੲ (Ђ఩ㅹโߟ - Sistem Pengurusan Pekerja Asing Bersepadu (ePPAXڢ㖄䄣 ᰵᅱ #ٹტ̹㺭䕆䓳Џ⤲⩟䄣ន∁ࢍ喏Б ᓯ̹㞛⮰ϦทϺ͙᪇䉎Ƞ 㑽౬喝https://www.eppax.gov.my/ 8M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

͙ᕧ̷ࡶᎠ ACCCIM Survey Report on Economic Situation of Malaysia nd ๓侘㏻≺⟢ۡ䄯ᴑ៑ॶ for the 2 half of year 2016]22-3-2017

͙ᕧᕧц䪫ᠫ ⲏᝠ㞛͆ͧᠭ ᫜䬧ࣽጯ Datuk Ter Leong Yap, President of ACCCIM chaired the media conference ጯ̷ࡶᎠ๓侘㏻≺⟢ۡ䄯ᴑ to announce the ACCCIM Survey Report on Economic Situation ofژц喏 ȟ䅎㒺ጉࢆทȟ Malaysia for the 2nd half of 2016. From left: Mr. Lim Kian Choo, Dr. Sia⩋ٴॶȠጒ䊣ͦ᳃ᐦᴝ៑ ࢆทȟᠫⲏᝠ㞛͆ȟ Bee Chuan, Mr. Peck Boon Soon, Dr. Leong Kai Hin, Datuk Ter Leongڠȟᶭტ⩋ٴ⮩᪳᭑ Yap, Dato’ Low Kian Chuan, Mr. Michael Chai, Mr. Lee Heng Guie and ⩋ٴ㸁ڠȟ㩍᪳≞ᒷጴȟᱺڔᠫⲏࢎ᜼ স台Ⴛ䊱ࢆทȠ Dr. Wong Hong Chau.

ᩫ䘔ࣶϦ߇䉰⎼䘔㏰᜼⮰➥ݗ጑ڱ⩝ᕧੲߍ㏰ͷ㏻≺䄯ᴑᄻ㏰κᎠᰴᬑ喏κ͙ᕧ 㻭喏᜼⿷̬ᩛ ⮰䬚䷄সᄥもᐦܦ఩ᕧੲц᣼ڔጯ̷ࡶᎠ๓侘㏻≺⟢ۡ䄯ᴑ៑ॶȠ ҈䭋喏ᅝ侘Ბ㺫φژ͙ц䃚ࢱ ᫥ѹ⮰䙹຃ᐻ㼏۟᫥ᵴ喏Б̬ߟⅤڔ䃚喏ݢ჆̬຃ 䕤౜㼏۟โߟ䄪䷄Ƞ ܦ⮰䄪䷄喏࠱᠘ⅳ⢳ᄥ∔ڟ⩸᱘⁍䄯ᴑ⋡Ⰲβๆ䶥ᑿݹ጑ੲ एЭ͆⮰ᒝ৹ȟ侘ጭ⮰䊜߫ȟЭ͆ຮҁᏀᄥ᫜ᰬѺ㫖䛽ݢȟ ㏻ੲ㥑䓼᜼᱘්ߌȟ䯳ҏโߟ᜼᱘̺జ䯪ᄥ͆㐕⮰ᒝ৹ࣶ ㏻ੲ᜼᱘̶⋔ȟ侘ጭ⫞ᑝȟϦ߇䉰⎼ⴙ㑦ȟ䕆䉓㛔㗬 ȟ⊴䉥ᗱ㐖ԉᠭ䅔ᙺふ喏Ӊ♢᭛጑ੲ⩸䶧ޓत∁Аȟ㒺఩ߌᖛふȠ ࢷ߇ߌژᰫЏ᫥ᵴȟࣹᯠݕᱦݢȟᎠ Ꮐᄥ⮰䬚䷄Ƞఌₐ喏ੲტИᓱ䶧̹᫙⮰㜖᜽᣼ࡳ喏ર ͙ᕧᕧц䪫ᠫⲏᝠ㞛͆ͧᠭ᫜䬧ࣽጯцᬢ㶔⹦喏጑ੲ⩸䃐 ⩔⻽ឬ喏।ं᫜ⴑ䃲喏ផᆁϦ㘵ࣶ߳κ݇᫜喏ᲑᏀ ͦ侘Ბ㺫φ㏻≺౔̷ࡶᎠ⼹ᓚ䔇ₑȠᵥᢚ䃜ᒁ喏౔ ᄥऄࡂ㣗≷⮰๓⣛දȠ Ꭰ̶ࡶᎠᰵ⮰ఊ㺲㔱㶔⹦侘Ბ㺫φ㏻≺ᖢࡂ喏Ѳ ౔Ⱔ䯀̬Ꭰࡶऺ喏䔅⁍⮰䄯ᴑ㏿᳈᭪⹦喏ጠЅ⢳ጞ㏻̷䭹㜟 ͙ᕧ΋ឫ䄦цᄲ㐓㐙ᥙᐦᶑᶭ喏ࡻߕੲტ䊜ܦ๓ Ƞη჊̶喏ᰵ๓㏒ ఊ㺲㔱㶔⹦㏻≺ܦ⣜ู㟻⮰䔥 侘喏㜠߇ᣔߔੲტ䊜ऽ఩䭱㝊जȠसᬢ喏Ђ΋নभੲ ఩ᕧੲц䔅͖᎟ज喏䕆䓳࣮̺䄑ڔ䆍ȠᕧѿᲑ䄠喏ࡺੲᄥᎠসᎠ⮰㏻≺ݹᮛᙋݜ⼹ ტર⩔侘Ბ㺫φ ᓚᰠߌͼ㻮喏सᬢ᱋ⰨᎠ⮰㏻≺ᄲцᠭ㐙ᩥરȠ цͧߊ⮰र䶥ੲ͆䃦ಇȟᏓ䄴ц喏ᝂ᭛Џ㶔ఎ喏Бᐬ ៿ᰠᎫ䭀⮰䉤ᬿ̺េ䉰ጮ౦Ƞ 㜟κ̷ࡶᎠᒝ৹͆㐕⮰ͧ㺭ఌ㉌喏᭛ᩫᏈᩫもࣶ䓼҈ ȟじڔፙ᫜䬧ࣽጯц⮰࠱᠘͙ᕧᕧ⼄Βᠫⲏࢎ᜼ܦ ᜼᱘̺࣋᫅Уᵨ᣼倄Ƞ጑ੲЭ͆⩸᱋ⰨᩫᏈ㥩჊ᰠๆϞੲ ᕧ⼄Β㩍᪳≞ᒷጴȟ͙๚⤲ηᯔੲߍ㏰ͧЧᶭޛݕੲᩫも喏㔸̹᭛ݢ჆ᰠๆネݢੲ͆≧ߔ⮰᫜᲍ҷসᣖ᫩喏 θ Ч᳃ᐦͧޛȟੲߍ㏰⩋ٴࢆทȟ͙๚⤲η⮩᪳᭑ڠ㏻≺⮰ᠽᝄᬢ喏㘩㣣ᓃᩫᏈ₏䲎⮰ᤠ ტ⤯ڔБ䃕͆㔱౔䲎ᄥ ȟ台Ⴛ䊱ࢆทȟ៵ᰨ๓႒ц䃍̺ネ⤲႒䮎䮎⩋ٴߕ喏ߌᑦ《ε߇喏ӯ䔇͆ߍࣽᆁȠ ᴝ 䪫ᯔੲߍ㏰ͷ㏻≺䄯ᴑᄻ㏰㏰঄䅎㒺ጉࢆทߕ⤲᪅ ふȠ⩋ٴ㸁ڠ仂Ⱔᠫⲏ ᢴȟ⹪ц㏻≺ⵀ⾢͙ᓯន㵸㦏ηᱺޛₐโ喏ᠫⲏᝠ㞛͆΋ᙋ䅎仂Ⱔᠫⲏ᫛䛸㏟वস  ᫛䛸䭫᱗᝺ጸ喏ܲݗ౔϶Ꭰᰴসᰴᣑ㻭β⩝Ђ䶲ᄨ⮰侘Ბ ఩ᕧੲцЏ㶔喏ᅝๆ䶥጑ੲ䄪䷄䔇㵸䃔䃦喏Бӯ᜼ᩫ ͙ᕧᙋ䅎ੲߍ㏰ͷ㏻≺䄯ᴑᄻ㏰̺៵ᰨ๓႒ऴ҈Ⴘڔ㺫φ र๓྾ѿ⮰ᠭ㐙ᩛڱ䲎ᷬ ᜼䔅䶥䄯ᴑȠₐโ喏͙ᕧᄥ఩ڔੲऴ҈喏ൽ䕌̬͖ᰠ᠇ੲᑁ䉰⮰㏻ੲ⣛දȠऒโ喏౔ 䃔㖄䄣โߟࣶネ⤲ᩫも᫥䲎喏͙ᕧᙋ䅎ᩫᏈक़ं጑ੲ⩸⮰ᘻ ᠭ喏ᎢᎫ∇៑䕿䔅䶥䄯ᴑ䃍ܾ㶔䓪̳ܲ䅎ᘻȠ ♒◥HighlightsM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M9

䄯ᴑ䛹◥ᦄ㺭

ᶲᑋ↌ತ̵Վ୭᤺̀̀܇૯⤣১ם̲߱ ** 䄯ᴑ⮰ᘻ͵ ⤶ᖗ͗ḗߑᡕ຤Π͟ۆ J ᩫᏈᩫも ࡻߕᩫᏈ⮰጑҈喏Б≷჆ࡺੲᝬ䲎ᄥ⮰㏻≺⮰⟢ JJ 䓼҈᜼᱘̺࣋᫅Уᵨ᣼倄 Ƞۡ ޓ⮰《εߌڱJJJ ఩ ᩢ䯲ࡺੲᄥᩫᏈᝬ჊㵸⮰र䶥ᣖ᫩⮰ఊ亴̺ᘻ JW Ϧ߇ⴙ㑦 ᑿᅬ䃰ќ䔅χᣖ᫩⮰ᰵᩴᕓȠڟ㻭喏䃕ᰵ ⤶১ࣃ⚢ᤡᆬզແ౅Ւͦḭ಩ఏḭ܇מ *** ࡻߕᩫᏈ䄯᪠⣜ᰵ⮰ᩫもᝂݢ჆᫜⮰ᩫもȠ ࡺੲᄥᎠসᎠ⮰㏻≺ݹᮛᙋݜ⼹ᓚ ₐ䄯ᴑ⮰㏿᳈΋҈͙ͦᕧऽᩫᏈ᣼ॴำᔄᒁ⮰ᵥ ᰠߌͼ㻮喏सᬢ᱋ⰨᎠ⮰㏻≺ᄲцᠭ㐙ᩥ ᢚ喏Бࣶ҈ͦ጑ੲ⩸সโ఩េ䉰㔱ݢ჆េ䉰䃍ܾ રȠ ̺も⪑⮰࣮㔯Ƞ ة߱⚢༦ḖΈέͽຘ⤣೨‚̶દ̀܇מᗇզ 7* ਞಿ╓১ᖗ⒉◚⤱ ఊู㔱⮰㗸ᮛ ⢳ᢎٽ " ȟݢ䕌   ఊ㺲㔱ͧ㺭Ბ㜖ឥ̺ࣽ䰢ਗ਼͆ โⅳጮ౦喏侘Ბ㺫φ఩ტ䨢㵸κڱȟᐦぽ͆ ͦ⌝ࡂসផ๓ද  ȟ̺̿͆ੲ͆᰹ߍ  ͆ ᢎٽڑएᩢܦएੲᄲܦȟ᫱⍤ȟ䉙➕ȟ䙾Ꮓȟ丼亲ȟ⊴䬞সཝͼ Ꭰᰴᬑ჏ጯ㺭Ⅾ  Ƞ  ЂڢБࣶ  ȟ䛽㲹সԉ䮕  ᄥڱ᜼侘ጭఊ≭᜽఩Ƞₐโ喏఩㵸΋ᩪჩসᩪᲪᄥද ጮ౦⮰ネݢȠ۞  䓽⮰ఊ㺲㔱Ბ㜖๓ಷЭ͆ ᵥᢚ፤Ꭰ㥑͆䷉ Ƞ 㕸঄጑Ϧ᪜ڔࣶ J ㏒ఊ㺲㔱Ϻη䉓➕স᰹ߍܦए⩋ᘻȠ ҅ڢጮ౦ͦᄨऽ喏ڱ㏒ఊ㺲㔱᭛Б఩ JJ ๓ๆ᪜  ఊ㺲㔱䃐ͦ喏侘Ბ㺫φ఩ტ䨢㵸჊ एጮܦࣶĄ  एጮ౦ąܦࣶڱБĄ఩݅ ᫩⮰᫜โⅳᣖ᫩䶰᫅цᄨ㜠㏻㥑᜼᱘්ߌȠ ౦ą  ͦᄨऽȠ

JJJ ᄨ㜠㏻ੲ᜼᱘්ߌ⮰࣋ఌ᭛喝 䄯ᴑ⮰ͧ㺭䬚䷄ࣶ㏿᳈ Ⴏц䕌 ᜼䷉โ⮰㵸ᩫ጑҈   ԉ⪅̬぀โጭദ䛽喏᭛Ꮐᄥࣽ⩋โጭᄥ侘ጭⅳ ૯ࣃ⚢ᤡᆬᏙԔם̲ *   ݕ∎ߔ⮰̬⻹㜖♢⮰ԉը̹⢳ • 䨬ਗ਼͆㐕⼹ᓚᰵᩥર ⮰ӫݕ䕀ᒰࣧᄧឪᰫЏᕓ⮰㏻ܲٱЭ͆⇍ᰵ  ϓ䛻⼹ᰵᩥર ≺ԉըᱦݢ喏БᏀᄥⅳ⢳⮰̹ݕ∎ߔ • • ႄ䉓Ⅰ᎟Ⱔᄥԉᠭ̹ऄ Ђͧ㺭䉓ጭ⮰ڢٽᩢ䉒ᗱۡ㐠ᠭ̹ऄ JW ㏒⮰ఊ㺲㔱៱ᓯ侘ጭᄲᲑ • ٽ఩โ᫜䃎ࢁ̷⏽ ⅳ⢳ц㐓㐙䉘ը喏㔸ऒโ ఊ㺲㔱䃐ͦ侘ጭ • Ђͧ㺭䉓ጭ⮰ⅳ⢳ᄲ㐓㐙ᣑ䓽Ⱊݹ⮰ⅳ⢳Ƞڢ ᱘౜᫜䃎ࢁԉᠭ̹ऄ • • ᱘౜ਗ਼У⼹ᓚ̶⋔ ᰬѺ㫖䛽ݢ  # • ᅝ͆ጮ౦Ⱔᄥԉᠭ̹ऄ • ⃻ࢁѹϓ৭᰹ߍ጑䉰⼹ᓚ̶⋔ J  ᄥᗔ⮰͆㐕⮰ᒝ৹ • ϓ㘩Ꮐ⩔⼹ᓚ̶ࡳ   ͆㐕ःݜ๓๓̹ݕ⮰ᒝ৹ • ᄥ᫜䉰⎼ᝂࢮᝫ⮰េ䉰ԉᠭ̹ऄ  ͆㐕⼹ᓚःݜ̹ݕ⮰ᒝ৹  ૯ᜌஏ⅝Ⴊ ⇍ᰵःݜ̹ݕ⮰ᒝ৹םࣃ⚢ᤡᆬ̳߱ 10M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

JJ  Э͆Ꮐᄥ᫥ᵴ喝  䛳⩔ᱦᷜࡂস㜖ߔࡂ    ា㼏۟጑Ϧⴙ㑦䬚䷄⮰᜼᱘䒘࿭㐅䶪჎  ា᜼᱘䒘࿭㐅⊴䉥㔱   ᄽ᜼᱘ᣖ᫩ۻ⩔Ђ᫥䲎䛳ڢᰠ⼛Ჭ౔  Ђ఩ტڢ 㔯㭽ា͆ߍᥘ䓭䘩  䛳ं㻮᱇ᔭᏒ

䛳⩔ᰠๆ⮰ᱦᷜࡂস㜖ߔࡂ  W 䛳⩔ᱦᷜࡂস㜖ߔࡂ䲎ᄥ⮰జ䯪喝 $  ㏻ੲ㥑䓼᜼᱘  䉰䛽ⴙ㑦   ఊ㺲㔱㶔⹦ЂИ⮰㥑䓼᜼᱘ᬺ᭪̶⋔  ጮ౦䓳ᄻ   ⮰ఊ㺲㔱ผ⼜ЂИᄲᲑ㏻ੲц䲎ᄥᒴ๓  ᬌ∁䃭ᬺេ䉰᭛₏⶚⮰  ⮰జ䯪  㑦ͻឬᱛⴑ䃲  ऒโఊ㺲㔱݅䃐ͦ౔ᑿ̷⮰㏻ੲ⣛ද̷喏  ࣹᯠݕᱦݢ & Ϲᬓ㘩๋㐠ᠭ⩋ᘻ ⇍ᰵፒᲑ᭪㦃  ࣹᯠݕᱦݢᄥๆ᪜͆㔱 %  䯳ҏโߟ᜼᱘̺䯪䷄ ⮰䉋䲎ᒝ৹Ƞ ⮰ఊ㺲㔱䃐ࣹͦᯠݕᱦݢᏀ䄑Ꮛ䮐Ƞ J ๓䘔ܲ⮰͆㔱  ⇍ᰵӉ䊂ҫ⩔โߟȠ̹䓳喏Ӊ त∁Аژ Ꭰ ' 䊂ҫ⩔โߟ㔱Ϲ♢Ⱔᑿๆ喏ᰵȠ

त∁АȠژJJ ᄥ⩋ᘻ⮰ᒝ৹喝  ㏒⮰ఊ㺲㔱ⴑ䕿Ꭰ  ᄲ䓽ๆ䓪⮰ఊ㺲㔱㶔⹦̶䔜జදጞ㏻㔸  ๓䘔ܲఊ㺲㔱  ጞⱬ᝷ᅉ䄁β㼏᫜∁А ̀ᄲ㐓㐙ᄥЂИ⮰⩋ᘻፒᲑ͑䛹⮰ᒝ৹Ƞ ⮰र䶥㻰჆Ƞ

JJJ ᄥ͆㐕⮰ᒝ৹喝 㒺఩ݕᖛߌᖛ )  䓼҈᜼᱘්ߌ  J ᄥ͆ߍ⮰ᒝ৹喝  㥑͆䷉̷⏽  ⩋⮰ఊ㺲㔱̹䃐ͦㆧѨ⮰ݕ⢳∎ߔцϓ ͆ߍ䉋᜼䪫  Чҁᒝ৹Ƞ䃐ͦ  㷗䔗㑕ᄻ͆ߍ㻰Ὅ  䔅ᄲц䕌᜼䉋䲎ᒝ৹喏㔸̷҅⮰⮰ఊ㺲 㔱݅䃐ͦц䕌᜼₏䲎ᒝ৹Ƞ JW Ꮐᄥ䯳ҏโߟజ䯪喝 JJ ㏒⮰ఊ㺲㔱䃐ͦ㒺఩ᄲ䔇̬ₑߌᖛȠ  㖄⩔ᰠๆ᱘౜጑Ϧ  䛳ंふᒱস㻮᱇ᔭᏒ喏̬䲎䄣ⅮᩫᏈ㔯㭽ᰠ  κโߟ⮰Ϟੲᣖ᫩ڟๆ

EXECUTIVE SUMMARY

Signifi cance of the survey  This would be helpful to the Government either in making adjustments to the existing policies or in the formulation of new policies.  To assist the Government in gauging the economic situation facing the Chinese business community.  The results from the survey also provide a basis for ACCCIM to submit relevant memoranda to  To collect feedback and opinions on various the Government and serve as a reference for measures undertaken by the Government to the business community and foreign investors in enable them to evaluate the effectiveness of those formulating investment plan and strategy. measures. ♒◥HighlightsM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M11

Profi le of respondents ii. Increase in Operating Costs and Prices of Raw Materials  The respondents are mainly from wholesale and retail iii. Increase in Domestic Competition trade (24.5%), manufacturing (20.3%), professional iv. Manpower Shortage and business services (12.0%), construction (9.7%), tourism, shopping, hotels, restaurants, recreation III. The Chinese business community optimistic & entertainment (6.4%), and finance & insurance or pessimistic about the Malaysian economic (5.8%), as well as others (21.3%). outlook ?

 About 11.0% of the respondents are from “Large The Chinese business community is slightly more Enterprises” (according to annual turnover and optimistic about the economic outlook for 2017 and number of full time employees). 2018, with continued improvements expected come 2019.  About 80.2% of the respondents are “Domestic” market oriented whereas the remaining 19.8% focus IV. Current issues facing the Chinese businessmen on “Both Domestic and Export” markets (12.0%) and in relation to trade, investment and industrial “Export” market (7.8%). development in Malaysia. (A) Exchange Rate Major survey questions and fi ndings In a move to deepen and broaden onshore forex market, The major survey questions are as follows : on 5th December 2016, Bank Negara Malaysia introduced a requirement for businesses in the export business I. Economic conditions in Malaysia in the 2nd half of merchandise goods to convert seventy-fi ve percent of 2016 (75%) of their export proceeds to Ringgit Malaysia upon • Marginal Improvement in Sales Performance of repatriation of the proceeds back to Malaysia. Further, Businesses Bank Negara Malaysia also liberalized and deregulated the onshore ringgit hedging market. • Slight Improvement in Production Volumes • Relatively Unchanged Inventory Levels i. Some 25% of the respondents are involved in the business of exporting goods and services. • Unchanged Position in Terms of Collections from Customers ii. Majority (91%) of respondents opined that • Decrease in New Orders from Overseas Markets the new foreign exchange initiatives by Bank • No Change in Level of New Local Orders Negara Malaysia is expected to give rise to costs of doing business. • Slight Increase in Local Sales Prices • Employment Market Relatively Unchanged iii. Reason(s) for the expected rise in business costs: • Slight Increase in Wage Costs Per Unit of Output  Additional administrative work and effort (64%). • Slight Increase in Capacity Utilisation Levels Keeping a pool of funds in foreign currencies • Unchanged Level of Investments in New Resources acts as a form of natural hedge against adverse or Plant movement of foreign currencies versus RM when such adverse movement occurs (21%). The Malaysian economy was seen to have experienced some improvement  Businesses do not have sufficient facilities / in the 2nd half of 2016 avenues to look for alternative mechanisms to hedge economically against adverse movement II. What were the major factors adversely affecting in exchange rates (20%). business performances in the 1st half of 2016 ? iv. Some 44% of respondents fear that RM will i. Government Policies depreciate further against other major foreign 12M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

currencies in the future, and another 42%  Decrease in business turnover (22%) believe that the exchange rate of RM against  Negative business growth (17%) other currencies will continue to hover close to the current rates.  Downsize of business (9%)

iv. Plans to solve this problem of diffi culty in hiring (B) Minimum Wage foreign workers : (i) Effects on performance of your business :  Recruit more locals (35%)  Performance of business signifi cantly affected  Adopt a wait and see while appealing to the adversely (28%) Government to consider more business friendly  Performance of business marginally affected measures with regards foreign workers (29%) adversely (46%)  Resort to mechanization and automation (20%)  No adverse effects (26%)  Pass on costs incurred to resolve worker shortage problem to customers (12%) (ii) Reaction by business :  Consider to move business to other countries (4%)  Pass on the cost increases to consumers (40%) v. Difficulties in adopting mechanization and  Apply more cost cutting measures elsewhere more vigorously (27%) automation :  Adopt a wait and see approach (21%)  Shortage of Capital (46%)  Resort to further mechanization and automation  Small Markets (33%) (12%)  Not Able to Justify Investments (13%) (C) Cost of Doing Business  Lack of Technical Knowhow (8%)  61% of respondents expressed that their (E) Anti-Profi teering Mechanism businesses had experienced significant increase in costs of doing businesses.  Anti-profi teering regime has not had signifi cant adverse impact by 70% of the businesses.  38% of the respondents claimed that they would face signifi cant business diffi culties in the future.  85% of the respondents are of the opinion that anti-profi teering mechanism should be abolished. Another 60% claimed that they would still be able to maintain their operations and business (F) Companies Act 2016 performance in their existing status.  Some 52% of the respondents are aware of the new Companies Act 2016. (D) Cost and Diffi culties in Hiring Foreign Workers  Majority (62%) of the respondents have begun to take steps to attempt to understand the i. Majority of businesses(55%) did not rely on the requirements of the new Act. use of foreign workers. Nonetheless, the % of respondents who had replied in the positive (G) Increase of US Interest Rate appear sizeable, being at 45%. i. Effects on businesses : ii. Effects on businesses :  51% of respondents do not believe that it would An almost overwhelming 84% of respondents have any effect. 33% believe that it would affect replied that their business have been and their business negatively, and the remaining 16%, continue to be adversely affected by the believe that it might have positive effect. diffi culties mentioned above. ii. Some 81% of respondents believe that further iii. Impact on businesses : rate hikes would take place in the US.  Increase in cost of operations (52%) Special Edition - National Chamber of Commerce and Industry of Malaysia (NCCIM)M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M 13 ఩ᕧੲц Major Activities ofڔ侘Ბ㺫φ the National Chamber of Commerce ͧ㺭≧ߔ and Industry of Malaysia (NCCIM)

⚢༦ḖΈӦߞ௔܇ϗ̶ NCCIM Dinner Interaction with YB દ̀⇼⑔ Dato’ Sri Mustapa Mohamed, Ministerإ⚢༦ḖΈߞⓋຘ of International Trade and Industry, നᗴ๫≨ౙ๫⅍ᅨຸৄΏᆡ Malaysia (MITI) | 23-3-2017

ፙ䶲ᄨऴ⚓Photo between leaders of MITI and NCCIMܦ఩ᕧੲцڔ䉤጑䘔স侘Ბ㺫φ

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ᠫⲏᝠ㞛̺͆䉤጑䘔䪫ᠫⲏ᫛䛸ᚁ᫛䓪∁ᘵᔗϐ≭Ƞ Pleasant interaction between Datuk Ter Leong Yap and YB Dato’ Sri Mustapa Mohamed, Minister of MITI ఩ᕧੲцڔM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M➥ݗ៑䕿侘Ბ㺫φ 14

⚢༦ḖΈ♤ᗌরἚ׶଎ NCCIM Delegation to New Delhi, Indiaُ∦ ⚢༦ḖΈӦߞ௔܇ϗ in conjunction with YAB Prime Minister of Malaysia Offi cial Visit to India  ׶଎๬ஒ≨κᶲߓ 2-4-2017 to 4-4-2017⁀ ᕌׇυὂ'*$$*ὃٻυ̭ն঳ज़ٻ੠ܗυ੠υ᱋୷ብଊᘦ̶Ͳ ೯᱘὆ᶑഏᢘͺҎٻ੠ܗഏᢘͺҎ Ӗᣡն ͍ᡁυᣑ὆᪀̣ืި৪֠ᩯׇϩҕᐹ̭ሾிࣄ᣽὆ፆഝ܌ᶑখೣ౿ᗴ౿὆ჼᴬΪᡌ Փ֞ά߂ሕ೻᪼᪀ܪԠ ͊ᶑնᦋಗ̭ଷᦗ὆ά̸্֢֞ሸٻ౭ਟ᭓͍ᡁሕĄᶑഏᢘͺն঳ܣ঳὆֙ԟ ᕌׇυᏏᓰٻυ࣋ؕն঳ज़ٻ੠ܗᶋሿ୷ብ౬ ᡁ஽ᣌȠᶑഏᢘͺҎܗᣜ್ܼ՜ᵙυąȠึ༊ԣ͏ᬝׇૹ ܗׇϩȠᶑഏᢘͺҎא᭓ᑝ׈࢕ᣡն঳ᔧ͍ᡁሕ᭔ᢙᴟሺȠӖঁᔤՀ୫ ᤥᢱ޼ਯৰ὆্ׅࣴᴟ࢛᥻ਖ਼֠ ੠υ̶ٻυͣ࣋ؕն঳ज̶़ᕌׇυὂ$**ὃά֞ն঳ٻυ੠ጽͦ୷ብ౬᭓᦮ᖋ҂ȟ੠ ੠ٻ੠ܗᶑഏᢘͺҎ υᓰᄩ ὂ"440$)".ὃ৊ᎊ೛ࢴӠτϔҕᐹູؕᪧকַ὆ፆഝٻ᥵ూ୷ብխ૸Ҏά֞ᶑഏᢘͺᶑഏΎ੠ ᆎ͔᱘ሕᦋಗؕଷᦗׇϩȠٻज़ܗೳ᲏୓ᔾ̤ᎸΎȠ ுԣ̼غυ᱋୷ብ౬᭓ᛏ

仂Ⱔᠫⲏ᫛䛸㏟व喋౼㔱ट喌ȟ఩ 䭱䉤ᬿࣶ጑͆䘔䪫ᠫⲏ᫛䛸ᚁ᫛ 䓪∁喋ट喌ȟᠫⲏᝠ㞛͆喋ट喌ܦ ፙ侘Ბ㺫φ࢜Ꮢੲߍ䃦ಇᯔࡴ丼 цȠ YAB Dato’ Sri Mohd Najib bin Tun Abdul Razak, Prime Minister of Malaysia (seated 7th from right), YB Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry (5th from right) and Datuk Ter Leong Yap (3rd from right) attended the Malaysia- India Business Forum and Luncheon.

υὂ#$$*ὃͲٻυ̭०തज़ٻ੠ܗϗ ഏᢘͺҎ܇ϗ̶લ༽દ܇⚢༦ḖΈӦߞ௔ ᶑখೣ౿ܣᶋሿ࢕᫫4SJ1FSEBOBᏏᓰᤥ ܗឧᦟ὞ṁࢵணଡ଼ ᢱ޼ਯৰ὆ᆁᶑഏᢘͺᶋሿ୷ብ౬᭓ᑝ׈֞०ത ჾܗೳЈຶᢝᣣȠึᴟ޼ਯৰᏏᓰಢᬝׇ०തغલ༽ߞᐺḬἜ ჾإ⚢༦ḖΈ♤ᗌ Ԇഏᶑഏᢘͺ᪀ᡁሕ࢕৖ᣡ᱒Ƞ NCCIM and Bahrain Chamber of Commerce υٻ੠ܗԟ৪ᶑഏᢘͺҎܣand Industry (BCCI) signed Memorandum ᩿ᴟ޼ਯৰሕᏏᓰಂ υ୷ብٻ੠ܗυሕׇϩ὆ᆁᶑഏᢘͺҎٻof Understanding (MOU) Witnessed by YAB ̭०തज़ υ͋ঁ.S,IBMJE"CEVMSBINBOٻଊᘦ̶ؕ०തज़ Prime Minister of Malaysia and His Majesty ,IBMJM"MNPBZFEΪᡌᏏᓰȠҘ΢ӖঁᔤՀ୫୷ብ King of Bahrain 2-5-2017 өᅉᡲࣧᑭȠ ᠫⲏᝠ㞛͆喋ट喌̺ .S,IBMJE"CEVMSBINBO ,IBMJM"MNPBZFE喋ጒ喌౔ 侘Ბ㺫φ仂Ⱔࣶጠ᳃఩ ⢷⮰㻭䃭̷喏オ㒞䄱㼏ำ ᔄᒁȠ Datuk Ter Leong Yap and Mr. Khalid Abdulrahman Khalil Almoayed signed Memorandum of Understanding witnessed by YAB Prime Minister of Malaysia and His Majesty King of Bahrain. ♒◥HighlightsM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M 15 Ꭰ఩ტ䨢㵸Ꭰ៑ ⤶þᤡᆬᶲᑋ຤٥Θᗧ Bank Negara Malaysia Annual Report 2016 – Is The Economy Doing Well ? 23-3-2017 THE GLOBAL ECONOMY IS ON A CRUISING SPEED…

• Global growth will pick up pace (3.4% in 2017 and 3.6% in 2018) against estimated 3.1% in 2016. But, the growth estimate remains below 4.2% pa in 1998-2007. • The US economy is gaining traction; a modest recovery in eurozone and Japan. • China’s growth reassuring (6.5% in 2017 vs. 6.7% in 2016) amid growing worries about high debt risk.

DOWNSIDE RISKS TO THE GLOBAL ECONOMY

Despite positive global outlook, there are new and prevailing downside risks that would render the still moderate global economy highly susceptibility to adverse shocks. 1. The potential retreat of globalisation in advanced economies and the US’s trade protectionism mindset could hamper the recovery in global trade. 2. Lingering uncertainties associated with the duration and outcome of the Brexit’s negotiation process may dampen investor and business sentiments, thus impacting global fi nancial markets. 3. Monetary policy divergence between the US and the other major economies will intensify in 2017. This will lead to changes in investor’s risk perception, causing extreme volatility in the currency markets and capital fl ows. The governments and corporations with highly leveraged balance sheets may suffer fi nancial distress infl icted by higher borrowing costs and the impact of strong US dollar. 4. Geopolitical risks in relation to domestic confl icts, terrorism attacks and territorial disputes remain, which could affect sentiments in the global fi nancial markets and dampen trade and economic activity. 16M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

HERE’s HOW THE ECONOMY IS DOING

Key indicators 2015 2016 2017f 2017f . Cautiously optimistic outlook. Bank Negara (BNM) (SERC) Malaysia (BNM) expects this year’s GDP Real GDP growth (%)^ 5.0 4.2 4.3-4.8 4.3 growth to grow by 4.3-4.8% (4.2% in 2016), Private consumption 6.0 6.1 6.0 5.7 in line with the Ministry of Finance’s forecast growth (%)^ made in October (SERC: 4.3% in 2017). Private investment 6.4 4.4 4.1 4.5 .Still decent domestic demand. Consumer growth (%)^ spending (54.0% of GDP) will growby 6.0% in Income percapita (RM) 36,078 37,738 39,656 39,858 2017 (6.1% in 2016) while private investment Unemployment (%) 3.1 3.5 3.6-3.8 3.6 growth paces slower (4.1% in 2017 vs. 4.4% in Infl ation (%) 2.1 2.1 3.0-4.0 3.0-4.0 2016). Export Growth (%) 1.6 1.1 5.5 5.0 .Exports recovering. Exportsare estimated to Current account surplus grow by 5.5% in 2017 (1.1% in 2016), riding RM billion 34.7 25.2 17.4 18.4 on higher demand for electronics and electrical % of GDP 3.0 1.3 1.3 1.4 products, improved crude oil and commodity Budget defi cit prices. RM billion 37.2 38.4 40.3 39.3 .Higher infl ation trajectory. Headline infl ation % of GDP 3.2 3.1 3.0 3.0 is projected to rise by 3.0-4.0% in 2017 (2.1% Federal government debt in 2016), induced by the pass-through impact RM billion 630.5 648.5 - - % of GDP 54.5 52.7 - - of the increase in global oil prices on domestic retail fuel prices. Weak ringgit also plays a part. Source : Bank Negara Malaysia; SERC ^ Constant 2010 prices

SOURCES OF GROWTH: MOVING ON TWO ENGINES

• Domestic demand will continue to be the main driver of growth, underpinned primarily by private sector, aided by stronger exports. • All economic sectors are expected to register positive growth.

(% change, 2010=100) % of GDP 2014 2015 2016 2017f 2017f in 2017* (BNM) (SERC) GDP by demand component Private consumption 54.0 7.0 6.0 6.1 6.0 5.7 Private investment 16.8 11.1 6.4 4.4 4.1 4.5 Public consumption 12.5 4.3 4.4 1.0 -0.2 -0.5 Public investment 8.3 -4.7 -1.0 -0.5 1.5 2.0 Exports of goods and services 68.4 5.0 0.6 0.1 2.2 2.7 Imports of goods and services 60.3 4.0 1.2 0.4 1.8 2.2 GDP by economic sector Agriculture 8.0 2.1 1.2 -5.1 4.0 1.5 Mining & quarrying 8.7 3.5 4.7 2.7 2.7 2.3 Manufacturing 22.9 6.2 4.9 4.4 4.3 4.2 Construction 4.7 11.7 8.2 7.4 8.0 8.5 Services 54.4 6.6 5.1 5.6 4.9 4.9 Overall GDP 100.0 6.0 5.0 4.2 4.3-4.8 4.3 Source: Bank Negara Malaysia; SERC * % Share to GDP of 2017 from BNM ♒◥HighlightsM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M 17

CONSUMER SPENDING SET TO GROW 6.0% IN 2017

• Amid rising infl ationary pressures, consumer spending is expected to be supported by a stable labour market and continued wage growth as well as the implementation of selected income-support measures (cash handouts and 3% pts reduction in EPF employees’ contribution rate).

• SERC’s comments: Broadly, consumer sentiment remains cautious and weak, weighed by rising infl ation pressures and continued worries about job prospects. BNM expects unemployment rate to edge higher (3.6% – 3.8%; 2016: 3.5%). House holds still grappling with rising cost of living though the cash handouts provided some relief to the low-and middle-income house holds. Higher fuel prices and other cost-driven infl ation pressures have taken a toll on consumer spending.

Private consumption growth trend Consumer sentiments remain weak

130 8.3% 120

110 Threshold=100 7.2% 100 6.9% 7.0% 90

6.0% 6.1% 6.0% 80

70

60 Q3 Q3 Q2 Q3 Q2 Q4 Q4 Q2 Q3 Q4 Q2 Q4 Q3 Q4 Q2 Q4 Q2 Q3 2013Q1 2014Q1 2015Q1 2016Q1 2011Q1 2012Q1 2011 2012 2013 2014 2015 2016 2017f Real Private Consumption Growth MIER's Consumer Sentiments Index (CSI)

Source: Bank Negara Malaysia; Malaysian Institute of Economic Research (MIER)

PRIVATE INVESTMENT GROWING, THOUGH UNEVENLY

• Private investment growth is projected to slow further to 4.1% in 2017 from 4.4% in 2016, marking the fi fth consecutive year of moderation as companies are expected to remain cautious amidst continued uncertainty in the economic environment.

• SERC’s comments: The on-going implementation of public transport projects and continued investment in manufacturing and services should keep private investment going. But, high cost of doing business, including unresolved issues associated with foreign workers and regulatory practices, the weakening ringgit as well as lingering uncertainty about the General Election 14 (GE14) may temper investors’ sentiment.

Private investment growth trend Capital investment by type

50% 21.4% 40%

30%

20% 12.8% 11.1% 10% 9.5% 0% 6.4% -10% 4.4% 4.1% -20% Q2 Q3 Q2 Q3 Q4 Q2 Q3 Q2 Q3 Q4 Q3 Q4 Q2 Q3 Q4 Q2 Q4 Q4 2014Q1 2011Q1 2013Q1 2015Q1 2011 2012 2013 2014 2015 2016 2017f 2012Q1 2016Q1 Real Private Investment Growth Structure (yoy) Machinery and equipment (yoy) Other Asset (yoy) Source: Bank Negara Malaysia; Department of Statistics, Malaysia 18M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

SERVICES: DOMINANT DRIVER OF GDP GROWTH

• The services sector is estimated to grow at a moderate pace (4.9% in 2017 vs. 5.6% in 2016), driven by the whole sale and retail trade, food and beverages and accommodation, information and communication as well as transportation. • The number of tourist arrivals is targeted at 31.8 million this year (26.8 million in 2016) with targeted tourist income of RM118 billion. • SERC’s comments: The expansion in services sector will be driven by domestic consumption, tourism and leisure as well as moderate trade activity. Major events are expected to boost tourists arrival and spending: Visiting ASEAN@50th anniversary; play host for the 29th South-east Asia (SEA) Games (19-31 August) and the 9th Para ASEAN Games.

Output growth of services sector Performance of sub services sectors

12% 7.0% 10% 6.6% 6.5% 8%

6% 5.9% 5.6% 4% 2% 5.1% 4.9% 0% Q2 Q2 Q4 Q2 Q4 Q3 Q4 Q4 Q3 Q3 Q3 Q2 Q3 Q2 Q3 Q2 Q4 Q4 2016Q1 2012Q1 2015Q1 2011Q1 2013Q1 2014Q1 Retail Trade (yoy) 2011 2012 2013 2014 2015 2016 2017f Wholesale Trade (yoy) Services Sector Growth Information & Communication (yoy) Transport & Storage (yoy) Source: Bank Negara Malaysia

MANUFACTURING: STILL GROWING ALBEIT MODERATELY

• The manufacturing sector will sustainat 4.3% growth in 2017 (4.4% in 2016), underpinned by the export-oriented industries on continued demand for electronics in tandem with recent recovery in global semiconductor sales as well as chemical-related products.

• Growth in the domestic-oriented industries will be underpinned by production of food and construction- related products benefi tting from the public infrastructure projects and property development.

• SERC’s comments: Challenging global and domestic economic environment, high cost of doing business, lingering issues about foreign workers and the impact of weak ringgit could dampen the sector’s growth via costlier imported inputs.

Output growth of manufacturing sector Performance of key industries

6.2% 80% 70% 60% 5.4% 50% 40% 4.9% 30% 4.4% 4.4% 20% 4.3% 10% 0% -10% 3.4% -20% -30% Jul Jul Jul Jul Jul Jul Oct Apr Apr Apr Oct Apr Oct Oct Oct Apr Oct Apr 2011 Jan 2011 2016 Jan 2016 2012 Jan 2012 2015 Jan 2015 2014 Jan 2014 2017 Jan 2017 2013 Jan 2013 Electronic and Electrical Cluster (yoy) 2011 2012 2013 2014 2015 2016 2017f Chemicals and Chemical Products (yoy) Manufacturing Sector Growth Construction-related Cluster (yoy) Transport Equipment (yoy) Source: Bank Negara Malaysia; Department of Statistics, Malaysia ♒◥HighlightsM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M 19

CONSTRUCTION: PROMISING OUTLOOK

• Growth in the construction sector is projected to expand at a faster pace in 2017 (8.0% vs. 7.4% in 2016), driven mainly by new and existing civil engineering projects in the utilities, transportation and petrochemical segments. • Public spending on transportation projects (MRT, LRT, rail, HSR), highways (Pan Borneo Highway), ports and the public-driven affordable housing development. • SERC’s comments: An estimated RM212 billion value of construction jobs covering on-going and new ones over the next fi ve years. China-led contracts are potential strong catalysts. Positive spillovers and multiplier effects on more than 140 sub-sectors.

Output growth of construction sector Indicators of construction sector

140% 18.1% 120% 100% 80% 60% 11.7% 40% 10.6% 20% 0% 8.2% 8.0% 7.4% -20% -40% 4.6% -60% -80% Jul Jul Jul Jul Jul Jul Oct Oct Oct Oct Oct Oct Apr Apr Apr Apr Apr Apr 2017 Jan 2017 2015 Jan 2015 2013 Jan 2013 2016 Jan 2016 2014 Jan 2014 2012 Jan 2012 2011 Jan 2011 2011 2012 2013 2014 2015 2016 2017f Construction Sector Growth Outstanding Loans to Construction Sector (yoy) Loan Approved for Construction Sector (yoy) Source: Bank Negara Malaysia

MINING: SUSTAINED RECOVERY • The mining sector growth is estimated to remain unchanged at 2.7% in 2017, the same rate as in 2016. • The growth will be supported by acceleration of natural gas production from the LNG Train 9 and PETRONAS’ FLNG Satu facilities as well as production from the new Malikai oil fi eld. • Complying with the OPEC’s oil output cut deal, PETRONAS’s voluntary 20,000 barrels per day crude oil supply adjustment is expected to dampen the sector’s performance in the fi rst half of the year. BNM estimates crude oil price to average between US$50-55 per barrel in 2017 vs. SERC’s US$55-60 per barrel (US$43.67 in 2016). Liquefi ed natural gas (LNG)’s price is assumed at RM1,350 per tonne (RM1,267 in 2016). Output growth of mining sector Crude oil and natural gas output

40% 4.7% 30% 3.5% 2.7% 2.7% 20% 1.6% 1.2% 10% 0%

2011 2012 2013 2014 2015 2016 2017f -10% -20%

-30% Jul Jul Jul Jul Jul Jul Oct Oct Oct Oct Oct Oct Apr Apr Apr Apr Apr Apr -4.9% 2012 Jan 2012 2016 Jan 2016 2013 Jan 2013 2011 Jan 2011 Jan 2014 Jan 2017 2015 Jan 2015

Mining and Quarrying Sector Growth Extraction of crude Petroleum Oils & Condensates (yoy) Production of Crude Gaseous Hydrocarbon (Natural Gas) (yoy) Source: Bank Negara Malaysia; Department of Statistics, Malaysia 20M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

AGRICULTURE: FROM CONTRACTION TO EXPANSION

• The agriculture sector is expected to rebound to 4.0% in 2017 from a decline of 4.7% in 2016, mainly attributable to the recovery of crude palm oil yields from the adverse impact of El Niño. • BNM’s assumption of palm oil price is RM2,700 per tonne for 2017, which is the same level as SERC’s (RM2,572 in 2016).

Output growth of agriculture sector Subsectors of agriculture

6.8% 25% 20% 15% 4.0% 10% 5% 2.0% 2.1% 0% 1.0% 1.2% -5% -10% 2011 2012 2013 2014 2015 2016 2017f -15% -20% -25% Q2 Q4 Q4 Q2 Q3 Q3 Q2 Q3 Q2 Q4 Q3 Q4 Q4 Q3 Q4 Q2 Q3 Q2 2011Q1 2012Q1 2015Q1 2014Q1 -5.1% 2013Q1 2016Q1 Oil Palm (yoy) Livestock (yoy) Agriculture Sector Growth Other agriculture (yoy) Marine Fishing (yoy) Source: Bank Negara Malaysia; Department of Statistics, Malaysia

THE EXTERNAL SECTOR REMAINS CAUTIOUSLY POSITIVE • Exports are expected to expand higher (5.5% vs. 1.1% in 2016), underpinned by the improvements in global growth and commodity prices. • Malaysia’s current account surplus will narrow to RM17.4 billion or 1.3% of GDP in 2017 (a surplus of RM25.2 billion or 1.3% of GDP in 2016). • SERC’s comments: There are risks to global trade environment threatened by policy uncertainties associated with Trump’s strong assertive of a free and fair trade policy, targeting at those countries running huge trade surpluses with the US, namely China and Japan as well as the trade deal in NAFTA. Exports are recovering Current account remains in surplus, albeit still small

RM billion 140 20% 130 10% 120 9% 15% 120 100 8% 80 10% 110 7% 6% 60 100 5% 5% 40 90 4% 20 0% 80 3% 0 2% -5% 70 -20 1% -40 -10% 60 0% 2011 2012 2013 2014 2015 2016 1999 2010 2014 2016 1998 2000 2001 2002 2003 2005 2007 2009 2011 2013 1997 2006 2008 2015 2004 2012 Trade Balance (LHS) Exports (yoy) (RHS) 2017f Current Account Balance (RM bil) Current Account (% of GDP) (RHS) Imports (yoy) (RHS) Source: Bank Negara Malaysia ♒◥HighlightsM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M 21

INFLATION COMES ROARING BACK

• BNM expects head line infl ation to average between 3.0% - 4.0% in 2017 (2016: 2.1%), refl ecting primarily the pass-through impact of the increase in global oil prices on domestic retail fuel prices. This cost-driven infl ation, however, is not expected to cause signifi cant spillovers into the broader price trends, given the stable domestic demand. • SERC’s comments: We concur with Bank Negara Malaysia’s assessment that head line infl ation would remain relatively high in the fi rst half-year. Cost-induced price pressures along with other indirect costs such as the spillover effect of the weakening ringgit would fuel higher consumer price infl ation this year. We estimate infl ation to increase by 3.0-4.0% in 2017, with an average increase of 4.0-4.2% in 1H before moderating to 3.0-3.5% in 2H. Headline infl ation trend Key components of CPI

10% 4.0% 5% 3.2% 3.2% 0%

3.0% -5%

-10% 2.1% 2.1% 2.1% -15% 1.6% Jul Jul Jul Jul Jul Jul Oct Apr Oct Oct Oct Oct Apr Apr Apr Apr Oct Apr 2017 Jan 2017 2013 Jan 2013 Jan 2016 2011 Jan 2011 2012 Jan 2012 Jan 2014 Jan 2015 Food & Non-Alcoholic Beverages (yoy) Housing, Water, Electricity, Gas & Other Fuels (yoy) 2011 2012 2013 2014 2015 2016 2017f Transport (yoy) Services (yoy) Source: Bank Negara Malaysia; Department of Statistics, Malaysia

WHERE DO INTEREST RATES GO FROM HERE?

. Bank Negara Malaysia (BNM) warns of challenging external and domestic economic environment when calibrating the monetary policy stance in 2017 while continue to monitor closely the risk of destabilizing fi nancial imbalances, although these have largely remained contained. . Higher domestic infl ation, volatile capital fl ows and lingering uncertainties in the global economic and fi nancial environment will infl uence the conduct of monetary and liquidity management. . SERC’s comments: Bank Negara Malaysia is unlikely to change the course of monetary policy anytime soon in spite of the developing of cost-driven infl ation pressures. Demand-induced price pressure is contained as core infl ation increased 2.3% in January amid moderate economic growth. BNM expects higher infl ation reading in the fi rst half-year will recede in 2H as the transitory impact of petrol price adjustment subsides. It also expects core infl ation to rise moderately. . We believe that the central bank will hold the policy rate steady at 3.0% this year as the risks to economic growth are some what contained.

MANAGING HOUSEHOLD INDEBTEDNESS RISKS

.Total household debt moderated further by 5.4% to RM1,086.2 billion or 88.4% of GDP in 2016 from 89.1% of GDP in 2015 (2015: +7.3%; 2010: +14.2%), extending the slower pace of growth sustained since 2010. .Households’ balance sheets remained in good shape. Both household fi nancial assets and liquid fi nancial assets remained high at 2.1 and 1.4 times of debt respectively. 22M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

. The share of borrowings by these households with monthly earnings of up to RM3,000 declined further to account for 22.2% (2015: 22.8%; 2014: 24.3%) of total household debt. But, their aggregate leverage (measured as a ratio of outstanding debt to annual income) increaseds lightly to 8.1 times (2015: 7.7 times), largely driven by higher borrowings for house purchases, which grew by 4.2% (2015: +1.6%). . Bank Negara Malaysia highlighted that key potential sources of risks to domestic fi nancial stability continue to stem from high levels of domestic debt, elevated property prices in some segments of residential property and an oversupply of commercial property, and heightened volatility in fi nancial markets. Risks from household lending remained largely contained. . The central bank warns that the undersupply of affordable homes for the masses is likely to worsen going forward given current trends in income and demographic factors. ♒◥HighlightsM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M 23

.BNM reiterates that macroprudential measures do not in any way hamper access to fi nancing for eligible borrowers including those who are fi rst-time buyers. Rejection rates for housing loan applications fell further to 23.6% in 2016 (2012-2015: 26.1%).

DISTRIBUTION OF HOUSEHOLD DEBT

.At end-2015, the largest share of debt (about 40%) is owed by individuals in the top 20 income group, with their average debt level more than twice that of other borrower groups. The debt servicing capacity is reasonably healthy as indicated by more prudent debt service ratios. .Borrowers in the more vulnerable income segments in the bottom 40 income group, accounted for only 11.4% of total debt. They are more likely to face diffi culty servicing their debt in the event of a payment shock, given thinner buffers. More than half (53%) of borrowings remain sensitive to changes in interest rates which can have a disproportionate impact on debt repayment capacity given the low absolute income levels. . About two-thirds of total debt is acquired by those living in major employment centres (Selangor, Johor, Kuala Lumpur and Penang). Most of these borrowers are of the age between 30 and 40 years old in the 40-60 income group.

Note: Bottom 20 income group : Individuals earning ≤RM2,500 per month; 20-40 income group : Individuals earning RM2,501-3,500 per month; 40-60 income group : Individuals earning RM3,501-5,000 per month; 60-80 income group : Individuals earning RM5,001-8,000 per month; Top 20 income group : Individuals earning ≥RM8,000 per month

HOUSEHOLD DEBT PROFILE BY INCOME GROUP 24M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

HOUSEHOLD DEBT REPAYMENT CAPACITY

HERE ARE FIVE KEY ISSUES FACING THE ECONOMY

1. High infl ationary environment. The infl ation outlook is subjected to three key risks: 1) higher than expected global oil prices; 2) the pass-through effect of the weakening ringgit; and 3) imported infl ation pressures from Malaysia’s trading partners. 2. Persistent narrower current account surplus due to moderate exports expansion relative imports. This underscores the importance of advancing structural reform measures to promote trade and investment diversifi cation and competitiveness, and more importantly to move up the valuechain. 3. Overdependence on foreign workers, resulting in large outfl ows of foreign exchange in the form of repatriation of workers’ remittances abroad, which rose from RM17 billion in 2008 to RM30 billion in 2016. 4. Addressing affordable housing. The undersupply of affordable homes is likely to worsen going forward given current trends in income and demographic factors. This calls for a carefully-designed strategy of policy interventions from both the Government and the private sector. 5. High youth unemployment, which is estimated to reach 10.7% in 2015, more than three times higher than the national unemployment rate of 3.1%. Graduate employability is a rising concern.

MALAYSIA FACES CHALLENGES IN POSITION OF STRENGTH

Positive prospects for Malaysia will be subjected to a plethora of policy and political uncertainties in advanced economies that bring about varying degree of implications for the Malaysian economy as follows: 1. The potential threat of trade protectionism in the advanced economies, in particular the US would put a damper on the global trade, which is struggling to regain growth traction since the 2008-09 Global Financial Crisis. ♒◥HighlightsM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M 25

2. The material risks could emanate from faster Fed’s rate hikes and diminishing hopes of the US fi scal stimulus. The widening interest rate differentials and strong US dollar could lead to tighter and more uncertain fi nancial market conditions, with higher volatility in capital fl ows and exchange rates. Uncertainty over the UK and EU negotiations and geopolitical developments also pose a challenge to the policy environment. 3. The potential occurrence of external risks and uncertainties would have negative spillovers to the Malaysian economy via trade and fi nancial channels. The abrupt exchange rate and fi nancial volatility would adversely affect both consumer and investor sentiments and labour market conditions. 4. The persistent domestic head winds such as the higher cost of living, cost-driven infl ation pressures and weak sentiments could also moderate the growth of domestic demand.

SERC’s comments: While there is upshot to this year’s growth outlook, there are real external and domestic risks that could temper Malaysia’s economic growth momentum despite buffered by the strength of economic and fi nancial fundamentals. Any policy misstep could derail the growth track and erode investors’ confi dence. The policymakers must remain vigilant and focus on the prescription of credible and consistent policies to make Malaysia a conducive and competitive environment of doing business.

CONCLUSION . The global economy continues to stay on positive track, buoyed by expectations that the Trump administration’s refl ationary policies will boost the growth trajectory of the US economy and corporate earnings, helping to lift the global growth prospects. . But, downside risks to global growth still prevalent. These include the potential implications from the Trump administration’s shaping of trade and economic policies, the impact of higher US interest rates, the rise in protectionism, potential complications associated with the Brexit’s negotiation process as well as the political uncertainties associated with a slate of impending European elections. . Th e Malaysian economy will perform better this year. BNM estimates real GDP growth of 4.3- 4.8% in 2017 vs. SERC’s 4.3% (4.2% in 2016), supported by continued expansion of domestic demand as well as improved export growth. The growth estimate is premised on th estrength of consumer spending, whic hmay face hurdles from higher cost of living, cost-driven infl ation pressures and weak sentiments. Exports too could falter if there is trade fl ow disruption from the trade protectionism mindset as well as fi nancial markets volatility. . Infl ationary pressures are developing in recent months, refl ecting the combined impact of fuel prices adjustment, the spillover effect of the ringgit’s depreciation on imported goods and services and other cost-related pressures. The central bank estimates headline infl ation to average 3.0-4.0% in 2017, meeting SERC’s estimation. . We do not expect BNM to ease interest rate further going by continued expansion of economic growth amid the developing of cost-induced infl ationary pressures, infl icted by higher fuel prices. We expect BNM to keep the overnight policy rate (OPR) at 3.00% in 2017 for now. . The ringgit appears stabilizing though the downside pressure remains prevalent. With the Trump’s pro-business and pro-growth policies lifting higher infl ation risk, underpinning the Fed’s rate hikes and hence, support the US dollar rally at least in the fi rst half-year of 2017. BNM’s foreign exchange market stabilization measures have seen some improvement in balancing the supply and demand of the ringgit as well as the conversion of export proceeds into ringgit. BNM uses market consensus of RM4.40 per US$ for this year vs. SERC’s RM4.20-4.40 (RM4.4860 at end-2016).

Prepared by SERC Sdn. Bhd. 26M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M͙ᕧߔᔭACCCIM Activities

͙ᕧ̵̺ᱦᲰオ㒞ऴ҈䄱㼏ำᔄᒁ ఇ᫥オ㒞Ϧ̺㻭䃭㔱 ऴᒝȠऺᢾጒ䊣喞ᶭ ฌִ஥ტ台䛸᫛ͥȟ⩋ٴᑦ ą ࢆ༊զΊἦ࿊⟪ĄټԂ ჆➥ҫȟ仂Ⱔᠫⲏ᫛ ACCCIM Signed MOU with 3 Parties to Jointly 䛸㏟वȟᑌ᭿⁩ޛͧ Ƞݹᢾጒ⩋ٴ◛⢷ፙȟ ȟ䭴⩋ٴPromote “Malaysia Innovation Cluster” 䊣喝䊡䔊݆ ȟᠫⲏᝠ㞛⩋ٴ᭿ҟ | 14.5.2017 ͆ȟ倄ᱠޛͧЧȠ Group photo between representatives of 4 signatories’ parties and witnesses. Back row from left: Mr. Liang Qiang, Tan Sri , YAB Prime Minister Dato’ Sri Mohd Najib bin Tun Abdul Razak, Mr. Zhang Xiaoqin and Mr. Wang Jiong. Front row from left: Mr. Zhao Liangang, Mr. Chen Xiaojia, Datuk Ter Leong Yap and Mr. Gao Pu.

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͙఩఩䭱䉤ᬿӯ䔇ༀ঄ц༈්ыц䪫⢳Џ㶔ఎݜ䃫 Visit by Delegation of China Council for the Promotion of International Trade (CCPIT) led by its Chairman Dr. Jiang Zengwei | 20-3-2017

ጒ䊣喝ᑌᆥᕧ㏻⤲ȟᱺᎲ䱈䘔䪫ȟͥ᫛䛸᳃䩒㘈ȟͥ᫛䛸Ეᔌ⹨ȟᠫⲏᝠ㞛͆ȟ༈්ыц䪫ȟͥ᫛䛸ᱺ⌝䲅ȟ ͥ᫛䛸䢪ᐣḚȟᠫⲏ݄⦊㸁ȟ݄₏ჸะ䪫ȠFrom left: Ms. Zhang Yi, Ms. Li Qingshuang, Tan Sri Lim Sing, Tan Sri Yeoh Tiong Lay, Datuk Ter Leong Yap, Dr. Jiang Zengwei, Tan Sri Lee Shin Cheng, Tan Sri William Cheng, Dato’ Liew Sew Yee and Mr. Liu Zhengfu.

ऴᎠ侘Ბ㺫φ͙఩㖀ऴੲߍ⤲ηц ༈ц䪫౔ϐ≭რ̶㶔⹦喏侘Ბ㺫φ᭛͙఩⮰䛹㺭ऴ҈ 䙹⮰ᎠᏒц䃚喏͙఩఩䭱䉤ᬿӯ䔇ༀ঄ц喋䉤 хѠ喏ᄥ͙఩⮰ࣽᆁࣶᄥโ᪠ѿᩫも䘩ᰵ䛹㺭⮰ѹ ӯц喌ц䪫༈්ыࢆท⢳䶲⮪ϦЏ㶔ఎ喏κᎠ 㒚喏∁㻰সᩫも⮰᠋჆᭛ͦЭ͆ࣽᆁ݇䕌᲍Т喏ጸ᱇ ᰴᬑ㜟ᬑ᱋䬠䃫䬚侘Ბ㺫φȠ ᰠๆ侘Ბ㺫φݜ͙఩េ䉰喏Ꭲጸ᱇Ջⱬₐ⁍᠈ц喏䃕 ⮰ऴ҈Ƞڑ⌝ࣸ᫥ᰵᰠᎫ∇ࣶᰠ ٴ͙ᕧ̺䉤ӯц⮰ऴ҈ࢲञ⌶⎼Ჭ⌝ࣆ喏᭛͙ᕧᰬ ᐦ⿷㖀㈧⮰͙఩ఎѿͷ̬Ƞͦβ䔇̬ₑߌᑦࣸ᫥⮰ ͙ᕧܦፙ㔱࠱᠘Ⅴͱह㾵ц䪫ͥ᫛䛸䢪ᐣḚȟह㾵ц ऴ҈̺ϐ≭喏͙ᕧ̺䉤ӯцκᎠᰴᬑオ㒞 䪫ͥ᫛䛸Ეᔌ⹨ȟͥ᫛䛸ᱺ⌝䲅ᅬ㏱ȟ㒞⤲ᕧц䪫ͥ ऴ҈ࡻ䃚喏ͦ͐఩Э͆݇䕌ᰠๆ䉤ᬿসេ䉰ᱦц喏 ᫛䛸᳃䩒㘈ȟޛᕧц䪫ᠫⲏ݄⦊㸁ᅬ㏱ȟᕧ⼄Βᠫⲏ ᕧ䉎ᩫᠫⲏ䭴ޛᕧ⼄Β㩍᪳≞ᒷጴȟޛȟじθڔ㈧⮰ࣽᆁȠఌₐ喏༈්ыц䪫➥ݗ ࢎ᜼ڟӯ䔇ࣸ᫥㏻䉤 Ⴕᢾ౔Ꭰᰴᬑֹᮆ喏⢳䘔ܲЏ㶔ఎ᜼঄̺ 䩳ᬺふȠ ѿ᣼ࡳ侘͙͐఩⮰㏻≺ȟ䉤ᬿڣ䔇ᮆ丼喏ᅝڝ͙ᕧ ࣶេ䉰≧ߔη჈䔇㵸ϐ≭Ƞ͙ᕧ⩝ᕧц䪫ᠫⲏᝠ㞛 ͙఩䉤ӯцЏ㶔݅ᰵ䄑ц఩䭱㖀㐈䘔ᱺᎲ䱈䘔䪫ȟ݄ ͆ͧᠭᣑᒱȠ ₏ჸะ䪫ȟᱺጱะ䪫ふϦ喏΋࠱᠘Э͆Џ㶔ຮ⣛⤯᫱ 㵸⹪ᑌᆥᕧ㏻⤲ȟ఩䭱ੲц䶥Ⱊ㏻⤲偻㉗ȟᑌᬺᰴȟ ᕧ㏻⤲ȟ͙఩䧭ޛत݄᪘ᶎژᠫⲏᝠ㞛͆㜠䃹ᬢ㶔⹦喏͙ᕧጸ᱇㘩ᰵᰠๆ݇᫜ȟ ͙఩ᱦᷜ጑͆䯲ఎᰵ䭼 ϦȠڝᕧ㏻⤲ふޛᬺٵत䊡ژ倄⻽ឬ⮰͙䉰Э͆喏ݜ侘Ბ㺫φេ䉰ᝂᐬ䃪ࡦഋߊ ᐦ఩䭱䯲ఎᰵ䭼 ა喏ՋБፒߔ侘Ბ㺫φЭ͆౔݇᫜݇ᘻࣶ倄⻽ឬژ ⵀࣽふ䶲ഋ⮰ࣽᆁȠ͐఩Э͆⮰Ⱔξេ䉰ࣶऴ҈喏 ࣸ᫥౔რፙ̶ᘵᔗ౜ϐ≭喏ცͧᅩ⁎Ƞ͙ᕧ΋౔⁍ᬑ რ䄣Џ㶔ఎ৭ᅉ㖵俔㡢ᮆ丼喏䃕Џ㶔ఎ᜼⁍ڹ䘩цᄥᒨₐ⮰㏻≺ࣽᆁፒᲑ₏䲎⮰᜼䪫喏ͦ͐఩Ϧ ֹᮆ喏 ℽݢ䕌ᰠๆᅝ͆ᱦц喏᣼ࡳ⩋≧Ⅰ۲Ƞ ঄౔ϗः侘Ბ㺫φ䕿౜㒺下ͷ҅喏㘩๋ᰠ䒧Ცϐ≭Ƞ 28M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M͙ᕧߔᔭACCCIM Activities

͙఩侘Ბ㺫φ㖀ऴੲߍ⤲ηцᎠᏒц䃚 MCBC-CCPIT Annual Joint Business Council Meeting 2017 220-3-20170-3-2017

͙఩侘Ბ㺫φ㖀ऴੲߍ⤲ηцᎠ ፙ㔱ऴ⚓ȠGroup photo ofܦѿڔᎠ侘Ბ㺫φ͙఩㖀ऴੲߍ⤲ηц⮰ᎠᏒц Ꮢц䃚 䃚喏κᎠᰴᬑճव䮲಍仅ᵨ䛸៵䙾Ꮓघ all participants of MCBC-CCPIT Annual Joint ᐬȠ Business Council Meeting 2017

䔅䶥ᎠᏒц䃚㜖Ꭰᐬ໷喏⃻Ꭰ౔͐఩ϐᰫघ ⪑ᄥᣑȟߌᑦⰤξϐ≭সࡻस䙹ऴ喏БࣶႸરᱦݢ ᐬ喏϶Ꭰጞ᭛じᅶц䃚喏⩝侘Ბ㺫φ͙఩ੲߍ⤲η ߋ㘩সᣔ䔇፤ᔭऴ҈喏Бߌ๓⤲ηц⮰጑҈߇Ꮢȟ цͧፙͥ᫛䛸台ტ჆Бࣶ͙఩఩䭱䉤ᬿӯ䔇ༀ঄ц ߌᑦ͐఩ᩫも㼏䄧ȟੲη∁ᒷ᰹ߍȟ㏻䉤ഥ䃙ふ጑ ჊⤲ηٱϗᱦݢ喏ڝ喋䉤ӯц喌ц䪫༈්ыࢆท㖀ऴͧᠭ喏ᅝຮҁӯ䔇 ҈喏सᬢᐦ⿷჆᱋цੲȟԍᖛ ქȠڱࣶ᣼ࡳ侘͙͐఩⮰㏻≺ȟ䉤ᬿࣶេ䉰≧ߔ䔇㵸ੲ䃔喏 ц⮰጑҈ 䶲ഋ⮰Э͆ტᝂჄ঄喏̺͐఩ੲტܲϗڟᎢ䖬䄣Ⱔ ᩫもᝂфᘌ᲍ҷȠ༈්ы ͙ᕧᕧц䪫ᠫⲏᝠ㞛͆㶔⹦喏͙ᕧБࣶᆊ̷͖ᆊڟЂИ⮰㏻侸喏БࣶरⰤ ц䪫⢳䶲䓽⮪ह͙఩Э͆ტݜ侘Ბ㺫φ䊠ц喏̺侘 ц喏䘩̬Ⱐ̺͙఩रⰭጮ⮰Ϧℽᩫ Ꮘȟੲߍࢱࣶर Ბ㺫φܦፙ⮰Џ㶔ϐ≭Ƞ ጑ੲఎѿᰵⱬჲܳ⮰Ბᒬ喏䮐βξ䃫ϐ≭喏΋䕆䓳 र⻹᎟ज喏ፒߔ͐౜ੲტ⮰Ბᒬ喏ፒᲑੲᱦ⮰ϐ≭Ƞ 侘Ბ㺫φ͙఩ੲߍ⤲ηц䖬䄣侘Ბ㺫φ͙ࡺᕧੲц ͙ᕧरᆊц΋̺रⰭ⮰䉤ӯцᰵⱬ̬჆⮰㖀㈧ࣶऴ 喋͙ᕧ喌  ह Џ 㶔 ݃ ፙ ц 䃚 喏सᬢ΋䖬䄣ᕧц䪫ᠫ ҈ȠЂጸ᱇侘Ბ㺫φ⮰ੲტ喏➥ݗ᭛͙ᄻЭ͆喏㘩๋ ᭛౔᪜ႃ㏻≺ȟ倄⻽ឬȟ倄්ڢፙ㔱࠱᠘Ⅴͱह㾵ц ាᤍ䔅χᱦц喏ᅐܦⲏᝠ㞛͆౔ц̶㜠䃹Ƞ͙ᕧ 䪫ͥ᫛䛸䢪ᐣḚȟह㾵ц䪫ͥ᫛䛸Ეᔌ⹨ȟ㒞⤲ᕧ ը㵸͆ȟ⌱ⱋ下৭ࣶݢ䕌͆ふ喏㘩๋̺͙఩⮰Э͆ सᐬࣽᰠ๓ڝᕧц䪫ᠫⲏ݄⦊㸁ᅬ㏱ȟᕧ ᰵᰠჲܳ⮰ऴ҈喏ϐᢎϦ᝹ࣶ⻽ឬ喏ޛц䪫ͥ᫛䛸᳃䩒㘈ȟ ᕧ ⮰ጮ౦Ƞޛᕧ⼄Β㩍᪳≞ᒷጴȟޛȟじθڔΒᠫⲏࢎ᜼⼄ ࢆڠȟᶭტ⩋ٴ⦅䉎ᩫᠫⲏ䭴䩳ᬺȟ͙๚⤲ηढ㓯 ทȟᠫⲏॠ⢵ϭȟ㩍ᄽᲜࢆทȟᱺы͊ⶁทȟ᳃ԉᒏ Ђ䃐ͦᬌ䃦᭛ݜ侘Ბ㺫φេ䉰⮰͙఩Э͆喏ᝂ᭛ ȟ䅎ᲪಐࢆทふȠ ݜ͙఩េ䉰⮰侘Ბ㺫φЭ͆喏䘩ጸ᱇ᰵ͖䛹◥喝⩋ٴ 喋̬喌䔅 χ េ 䉰 䶥 Ⱊ喏㘩๋㣣ᓃ͐఩ᩫᏈ⮰䃐छ̺ᩛ ᫛䛸台ტ჆স༈්ыц䪫ܲݗ౔ц̶ⅳ៑β͐ ᠭ喞喋θ喌ࣸ ᫥ ⮰ Э ͆ 䘩 㘩 ᱘ ⱬ Ⅴ 㐙 ㏻ 㥑 ⮰ ⤲ ᔡ喏౔ͥ цᄥӯ䔇侘͙͐఩㏻≺䉤ᬿࣶេ䉰≧ߔᝬ䔇㵸⮰ ᄧⅮݕ⋒⮰सᬢ喏΋̹ᔄ⣛දԉ័ࣶϦ᪳ᐦ䃪喏ᰠ ᑿ౜⹪ц喏̺ᑿ౜⮰ᅱℽᐦ⿷ࣷຩস䄼⮰ڑߖ߇Ƞͥ᫛䛸台ტ჆➥ݗ᣼ݜβ͐఩ࣸఙ⮰ࣽᆁ䔇 ຩ౜េ ㈧喏ͦᑿ౜⮰ᅱℽፒᲑ⺻ݕȟፒᲑᎤ⺻喏᫥㘩ᄲ͐ڟ Ꮢ喏Бࣶ侘͙͐఩౔᪜ႃ㏻≺⮰ऴ҈ࣶࣽᆁ⒈㘩Ƞ ㈧ᐢ㐙̷ࣧȠڟβ䶥ᐦ䃚喏ጸ᱇㘩ӯ䔇ࣽᆁᝄ ఩⮰㞛ຩܦ༈්ыц䪫݅᣼ ͙ᕧߔᔭACCCIM ActivitiesM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M29

⁎䓺͙఩侧侘䶲η࣮䊊݄͈⎼ຟทͷࡴრ LLuncheonuncheon inin HonourHonour ofof Mdm.Mdm. LiuLiu Dongyuan,Dongyuan, CCounsellorounsellor fforor CConsularonsular AAffairs,ffairs, EEmbassymbassy ooff tthehe PPeople’seople’s RRepublicepublic ofof CChinahina iinn MMalaysiaalaysia | 228-3-20178-3-2017

㣖͙ࡺᕧੲц喋䮲䰖͙ᕧ喌ڜᲑ㺫φ͙ࡺᕧੲц喋͙ᕧ喌সव䮲಍ᯔ䰖 ᠫⲏᝠ㞛͆喋ጒ喌䊌䔭㏖ᔡ κᎠᰴᬑ喏㖀ऴ䃪რ⁎䓺᫜Ч͙఩侧侘๓ҫ亲݄͈⎼䶲η 侘 ৭δ݄͈⎼࣮䊊喋ट喌Ƞጒ ࣮䊊Ƞ 䊣喝ᠫⲏ᫛䛸≖Ბૈȟᠫⲏ᳃ ᐦࢃȟᠫⲏ䭴䩳ᬺȟͥ᫛䛸᳃ ᠫⲏᝠ㞛͆㜠䃹ᬢ㶔⹦喏侘Ბ㺫φ䮐β᭛͙఩౔͈Ⰻ⮰ͧ㺭䉤ᬿхѠ喏΋̬ ⺻ᆝȟᠫⲏ台఩ᔌȟᠫⲏࢎ᜼ ȟᠫⲏॠ⩋ٴ喞ट䊣䗝㐠᪸ڔ Ƞ͙ᕧጸ᱇喏侘Ბ㺫φͷݹ㐅δ͙ٵⰠ䛹㻲ࣶ吿ߝ͙఩⍤჎ݜ侘Ბ㺫φ㻮 ٴオ䃭⮰ӫݕ喏౔϶Ꭰᰴᬑ᱋␍ऺ㘩๋ߌБᐢ䪫喏吿ߝᰠๆ͙఩ 䕤᎟ȟᠫⲏ侘ⅵಐȟ䘙ᬺࣽٹ఩⍤჎ 喏ፒߔঔ䓥㵸͆⮰ࣽᆁȠसᬢ喏΋ጸ᱇͙఩ᩫᏈ㘩๋ͦݜ ⩋ȟ㩍᪳≞ᒷጴȟᠫⲏᲔ๕ഥٵ⍤჎ݜ侘᫱⍤㻮 オ䃭喏䔅䮐β㘩๋ ࣶͥ᫛䛸᳃䩒㘈Ƞٹℽ᣼Ӈᰠๆӫݕ喏ᬕᬑ䓪ݜ͐఩Ϧℽξ䃫ژ͙఩⮰๓侘 ӯ䔇ࣸ䓥ੲ䉤េ䉰Ბᒬ喏ݦ⓬͐౜㏻≺ࣽᆁโ喏΋ᄲ㘩䔇̬ₑፒߔ͐఩Ϧ Datuk Ter Leong Yap (7th from ℽ౔Ϧ᪳ȟ᪅㗞ふरᅮ䲎⮰ϐ≭喏 left) presented a souvenir to Counsellor Liu Dongyuan (8th ݄͈⎼࣮䊊㶔⹦喏͙఩侧侘䶲ηะࢁࢁ౔Ꭰᅝオࣽβ̳Щ⮰オ䃭喏 from right). From left: Dato’ Sri Ang Lai Hee, Dato’ Lim ͙䊱䓳࡭ܲͷڢ᭛͙఩侧⊣โ͖䶲η亲͙喏オࣽᰬๆオ䃭⮰䶲η亲喏䔅 Kiam Lam, Dato’ Tan Tian ㈧Ƞڟੲߍオ䃭喏䋟Б䃭ᬺ͐఩㞛ຩ⮰㏻䉤ࣽᆁ̬ͦ Meng, Tan Sri Lim Hock San, Datuk Wee Kok Tiong, Dato’ :ᕧ䶲η䪫䓪 Low Kian Chuan. From rightޛЧ͙఩侧ऐ᭷ᕧ䶲η亲じ̬Чܦ࣮䊊ͷݹ౔⴮៵䊶ऐ᭷݄ Ꭰๆ喏᱋䬠ᖖᅩ㕸Ⴔ喏ᄥӯ䔇͈侘⴮៵䊶স⇅ጠ̺͙఩ͷ䬠⮰ϐ≭喏ֆܦ̹ Mr. Khoo Ee Ping, Datuk Ng ᄽ䉍⡚喏সᑿ౜⮰ࡺ⹪΋ԉᠭჲܳ⮰㖀㈧Ƞ͙ᕧⰤԍ喏݄࣮䊊ࡳЧ͙఩侧侘 Yih Pyng, Dato’ Beh Hang ,㈧⡚߇Ƞ Kong, Mr. Kerk Beng Huatڟ䶲η࣮䊊̬㕸ऺ喏̬჆㘈Чᰵ҅喏ͦ㐓㐙⌝ࡂ侘͙͐఩ࣷຩ Mr. Michael Chai, Datuk Yong .Ah Pwi and Tan Sri Lim Sing ޛȟじθڔፙ⁎䓺რ㔱ᰵ͙ᕧ㒞⤲ᕧц䪫ͥ᫛䛸᳃䩒㘈ȟᕧ⼄Βᠫⲏࢎ᜼ܦ ᕧ⼄Β㩍᪳≞ᒷጴȟޛᕧ䉎ᩫᠫⲏ䭴䩳ᬺȟह㾵䶪䬚ᠫⲏ台఩ᔌȟន㵸䶪䬚 ᠫⲏᲔ๕ഥȟ͙๚⤲ηࣶ጑҈㏰₏ȟޛͧЧ喏Бࣶ䮲䰖͙ᕧ⮰㦏ηȠ 30M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M͙ᕧߔᔭACCCIM Activities

仂Ⱔ㒞఩ℽఎ㏿ࣶ Courtesy Visit by Tuan Baharin bin Idris, Newly Appointed Director-General of Department of 㲹ऴᅬ᫜Чᕧ⯽ National Unity and Integration (JPNIN), Prime ݜ䃫͙ᕧ Minister’s Department to ACCCIM | 27-4-2017

仂Ⱔ㒞఩ℽఎ㏿ࣶ㲹ऴᅬ᫜Чᕧ⯽Tuan Baharin bin IdrisκᎠ ᠫⲏᝠ㞛͆䊌䔭㏖ᔡ৭δ5VBO #BIBSJO CJO ᰴᬑݜ䃫͙ᕧ喏㣣ᕧц䪫ᠫⲏᝠ㞛͆☙ᗱᣑᒱȠࣸ᫥ᅝӯ䔇 *ESJTȠጒ䊣喝+1/*/Ⴤ঄1VBO3V[ZMBXBUJCJOUJ ఩ℽఎ㏿স᱖Ბ⮰ऴ҈᫥ऽ喏ಒ䄆সᘵᔗ⮰ϐ≭Ƞ .VTUBQIB ,BNBS  &ODJL .PIE 4ZBGJR CJO 3BTIJE 1VBO4VSBZBCJOUJ8FO ᠫⲏ台⇇Ẍ ᒷጴȟ5VBO#BIBSJOCJO*ESJTȟᠫⲏᝠ㞛͆ȟᠫ ڟ͙ᕧস఩ℽఎ㏿ࣶ㲹ऴᅬ㜖Ꭰ䊣ጞᐦ⿷も⪑ऴ҈хѠ ȟ݄ᔃᑦⶁ⩋ٴȟ䷈᪳䧒⩋ٴℽఎ㏿̺স䄼ߖ߇Ƞ͙ᕧκᎠ᣼ॴЩᰵ ⲏ䭴䩳ᬺȟु䩿ૈڔसͦӯ䔇ڝ㈧喏 ᎲȠڠĄ఩ტ఩ ทȟֱᎲ䮲ᒷጴȟᠫⲏᑌڑ㏟ӯ䔇఩ℽఎ㏿ࣶস䄼⮰ำᔄᒁδᩫᏈ㔯㭽喏Б᱋ڟ ℽఎ㏿๓㨉పNational Blueprint for National Unity”Ƞₐโ喏͙ᕧ⼛Ჭ Datuk Ter Leong Yap presented a souvenir ࣮̺⩝఩ℽఎ㏿ࣶ㲹ऴᅬ᣼Սࣶߕ䪫⮰఩ℽఎ㏿჊Ό䃍ܾ喏じ to Tuan Baharin bin Idris. From left: JPNIN ̬䭢⃡⮰఩ℽఎ㏿჊Ό䃍ܾ喏ጞ㏻᜼ߋᣔ㵸͐Ꭰ喏᣼Ӈᱦц㐅 Offi cers Puan Ruzylawati binti Mustapha Kamar, 䊱䓳࡯हో㦃๓႒⩋喏౔䲊ో㦃Э͆჊ΌȠじθ䭢⃡⮰఩ℽఎ Encik Mohd Syafiq bin Rashid, Puan Suraya ㏿჊Ό䃍ܾ΋₏౔ᣔ㵸喏Ꭲផ๓㠯ఠ䃕⻭⿷๓႒喋IPTS喌স ᩫ Ꮘ binti Wen, Dato’ Wong Pui Lam, Tuan Baharin 㖀 bin Idris, Datuk Ter Leong Yap, Dato’ Tan Tianڟत喋GLCs喌࣮ ̺喏᣼Ӈᱦц㐅䲊ో㦃๓႒⩋喏ݜᩫᏈژ㖀ڟ Meng, Mr. Loo Chea Hee, Mr. Gan Boon Khim, त჊ΌȠ఩ℽఎ㏿჊Ό䃍ܾ⮰Ⴣᬔ᭛ጸ᱇䕆䓳჊Ό䃍ܾ喏ߌᑦژ Mr. Richard Lau Chi Chiang, Mr. Boo Chin र᫻႒⩋ȟ঄጑̺⻭Ϧ䶲ഋ⮰ఎ㏿喏Бࣶᄥ䌔᪳ࡂস䌔㕸͆⮰ Liong, Datuk Albert Chiang Heng Kieng 䄱㼏喏सᬢ喏ࡻߕर᫻႒⩋౔⻭Ϧ䶲ഋ䔇㵸㕸͆ഥ䃙喏᣼ࡳЂИ ⮰጑҈㘩߇ȟឬ㘩স㜖ԍȠ ፙ䬠ࣸ᫥सᘻ喏䔮䕎϶Ꭰ⁎Ꮂ侘Ბ㺫φ ఩ᕧੲцڔ఩ℽఎ㏿ࣶ㲹ऴᅬऽᲑ䲊፤ᩛᠭ͙ᕧসरᆊцͪߊ⮰र䶥ӯ䔇 ঔᎠ఩Ꮂ喏͙ᕧ㖀ऴ侘Ბ㺫φ 侘र౜सڔ఩ᕧੲцȟ͙ᕧস䮲䰖͙ᕧκ Бࣶ͙ᕧ͖ᆊц喏ᄲ౔ᰴᬑڔ఩ℽఎ㏿⮰≧ߔȠ⩝侘Ბ㺫φ ፙܦą⁎㖆ц喏 ₑͪ㵸ᠮ఩ᬃЖᐻ喏䖬䄣仂Ⱔ㒞䘔䪫ٵఙ㖀ߊ⮰Ąఎ㏿ᬢژᎠᰴᬑκव䮲಍ḹ➕ ą⁎㖆ц᭛̬ٵፙ喏䄑ᅬ᭛も⪑хѠ喏᣼Ӈβ๓䛻⮰ࡻߕসᠳ ͧᠭȠࣸ᫥΋सᘻ喏Ąఎ㏿ᬢܦ䊱䓳࡯Ϧ䌶䋯 ≦ą喏 䶥᜼ߋӯ䔇఩ℽఎ㏿ࣶস䄼喏ᘻ͵⌝๓⮰ٵᄨȠ⮧͙ᕧκᎠᰴᬑκ⨈៵⮧ଵẨͧߊ⮰Ąఎ㏿ᬢ Ꮢͪ㵸Ƞڹ΋㣣ᓃ䄑ᅬ⮰吺߇ᩛᠭȠₐโ喏䮲䰖͙ᕧͪߊ⮰ȧ㠝䯰ຂȨȟ⁎ ߔ喏ఌₐ喏ᄲκᬺᎠ Ꮂ侘Ბ㺫φᬑ㖆丼цふ喏ᢸネ఩ℽఎ㏿ࣶ㲹ऴᅬ⮰仂Ⱔ㒞䘔䪫 ፙ៱Ч≧ߔͧცȠ ݜ䃫͙ᕧ⮰఩ℽఎ㏿ࣶ㲹ऴᅬ倄㏓Ⴤ঄࠱ܦ᫛䛸Ѽ⦋ऐᒷ喏䘩ͥ ᠘⹪цఎ㏿̺ℽ᫻㲹ऴ㏰ͧЧPuan Suraya ఩ℽఎ㏿ࣶ㲹ऴᅬͦ㶔មস㗛჆͙ᕧ౔ӯ䔇఩ℽఎ㏿⮰ߖ߇স binti Wen喏Э͆㏰ޛͧЧEncik Mohd Syafi q bin 䉍⡚喏κᎠᰴ䶭ࣽĄᙋ䅎⟢Certifi cate of Appreciationąκ͙ Rashid喏Бࣶ⹪цఎ㏿̺ℽ᫻㲹ऴ㏰ޛͧЧ ᕧⅤͱह㾵ц䪫ᠫⲏ᳃఩⦷ᅬ㏱喞ᎠᰴᬑༀЧ͙ᕧͦ Puan Ruzylawati binti Mustapha KamarȠ Ąఎ㏿ऴ҈хѠ Unity Partner”喞सᎠᰴᬑ喏͙ᕧᕧц䪫ᠫⲏᝠ ٴፙЏ㶔࠱᠘ᠫⲏ䭴䩳ᬺȟु䩿ૈܦ㞛͆ःༀͦĄ఩ℽఎ㏿๓ҫNational Unity Ambassador”Ƞ ͙ᕧ ȟᠫⲏ台⇇ẌᒷጴȟֱᎲ䮲⩋ٴȟ䷈᪳䧒⩋ ȟ݄ᔃᑦⶁทȟᠫⲏᑌ⩋ٴ⦝Tuan Baharin bin Idris ̶݆Чͦ఩ℽఎ㏿ࣶ㲹ऴᅬᕧ⯽̹ͱ喏࢟⢳ ᒷጴȟ⁓䭟㓝 ᎲふȠڠ ѹ倄㏓Ⴤ঄ݜ䃫͙ᕧ喏ࣹᭌЂᄥ͙ᕧ⮰倄Ꮢ䛹㻲ȠЂጸ܌䶲䄑ᅬ ᱇喏఩ℽఎ㏿ࣶ㲹ऴᅬস͙ᕧ㘩ᑦᑦऴ҈喏ͪߊᰠๆᰵݕκ᣼倄 ఩ℽఎ㏿ࣶ❝఩ᘻ䃲ݜ≧ߔȠ ͙ᕧߔᔭACCCIM ActivitiesM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M31

͙ᄻಷЭ͆ᝬ䲎͠ͷ჊䭱∁ᒷ䄪䷄䃞Ꮣц Seminar on Practical Legal Issues Facing SMEs 25-4-2017 ͥ᫛䛸᳃䩒㘈喋ጒ喌Џ㶔๓ц䊌䔭 ㏖ᔡ৭δᝠ᳗䱂ᒷጴ喋ट喌Ƞጒ䊣 喏टڔ᭛ᠫⲏ台⇇Ẍᒷጴࣶᠫⲏࢎ᜼ Ƞ⩋ٴ⦅ढ㓯ͦ Tan Sri Lim Sing (3rd from left) presented a memento to Mr. Tai Foong Lam (2nd from right). From left were Dato’ Wong Pui Lam and Dato’ Low Kian Chuan; 1st from right was Mr. Yap Heng Or.

㩍᪳≞㗛ᒷጴẨ⮰䉰⌝ऴх Ϧ㗛ࢌทᒷጴ喋ट喌㼏むܦፙ 㔱⮰᣼䬚Ƞ Mr. Ken St. James, Senior Partner of Michael Chai Ken (right) responded questions from the fl oor.

ᕧ∁ᒷ㏰̺䮲䰖͙ᕧ∁ᒷ㏰喏κᎠᰴᬑ じ̬⣛㞮ͦĄⴑ䃲ϓᱯ౔͙ᄻಷЭ්͆䪫͙ᝬរ⑀ κ͙ࡺᕧੲц๓࣒᜼᳗മ㖀ߊĄ͙ᄻಷЭ͆ᝬ䲎 ͙ ⮰㻾㞞ąȠͧ䃞Ϧ᭛(BO1BSUOFSTIJQ⮰䉰⌝ऴхϦ ͠ͷ჊䭱∁ᒷ䄪䷄ą䃞ᏓцȠ䃞Ꮣцᩛᠭࢁѹ᭛侘Ბ㺫 ᝠ᳗䱂ᒷጴȠⴑ䃲ϓᱯऽᲑ᭛๓ಷЭ͆⮰̬䶥䛹㺭 φ͙ᄻಷЭ͆ࡻцࣶ侘Ბ㺫φ䔊䨭ࡻцȠ 䉰ϓȠ㣣ⴑ䃲ϓᱯ₏ᐻԉ័⮰͙ᄻЭ͆ᰠᰵछ㘩ᄲ⩋ ᘻផᆁ㜟఩โጮ౦ȟߌᑦ《εф߫সጮ౦ࢌᰵ⢳喏ఌ तᅝᓱ䶧䃐ⱋⰷᒱ㏻㥑⮰ϓ৭Ƞᝠᒷጴ᣼ژ⿷ц∁ᒷ㏰䃍ܾ౔϶Ꭰͪߊ̵౦͙ᄻಷЭ͆ᝬ䲎͠ͷ ₐ喏䃪͐ ᜼ੲᴳ喏Ђͪҷ喏̬ڸ∔჊䭱∁ᒷ䄪䷄䃞Ꮣц喏Б㠝᪳ͦ྾Ϸ䄙喏ᬔ౔䃕጑ੲ ࣶᎢ̹᭛Чҁह⼜䘩㘩๋㷗 喏➥ݗ᭛͙ᄻಷЭ͆喏β㼏ЂИᏀᰵ⮰∁ᒷᱯ⯶ȟ͵ߍ 㝘䕆ԃ⮰ह⼜ຮ喝͉㐤ȟ᷵ጯ᭛̹㘩㷗ឥ۲Ƞऒโ喏⩸ ౔ϓٴ⮰ᬢ䬠◥΋ᒴ䛹㺭喏Ђ吿ߝ͙ᄻಷЭ͆Ꮐڸ∔ সԉ័喏⶚ԉЭ͆䶦ݕ㥑䓼সផᆁȠ䃞Ꮣ䖬䄣र䶲ഋ⮰ ݕ喏ԉᠭጮ౦⮰《ε߇Ƞ̿ڸ∔ጮ౦ͷݹܦ䉰⌝∁ᒷ̿ტܲϗ჉䉡ⴑ䃲স㏻侸喏ͦЭ͆᣼Ӈ჊⩔⮰ ৭ᣔ ∁ᒷ৔䄎Ƞ̬㈧݃䃞Ꮣц⋡Ⰲ⮰䄪䷄࠱᠘ⴑ䃲ϓᱯ౔͙ तژᄻಷЭ්͆䪫͙ᝬរ⑀⮰㻾㞞ȟᰵᩴ䔩֫զߍȟ᫜ じθ⣛㞮ͦĄᰵᩴզߍ䛹㏰ąȠͧ䃞Ϧ᭛㩍᪳≞㗛ᒷ ∁Аȟ᪜ႃ͆ߍͷⴑ䃲ϓᱯȟ⼋ܙࣶദ᱘䯳ҏ∁АȠ ጴẨ⮰䉰⌝ऴхϦ㗛ࢌทᒷጴȠ͙ᄻЭ͆౔㜖䏗͆ߍ ͙䰬ᐦ⿷ᰵᩴ⮰ᓖ䃭ネ⤲ݢᏒ喏Б⶚ԉᰵᩴ⢳ࣶߋ ͆ڢत䃔զ᭛॒᜼ߋं۟κᄥژ౔㜠⁎䓺䃹ᬢ㶔⹦喏͙ᄻಷЭ͆ ᩴ⮰䔇㵸զߍ䛹㏰Ƞڔ͙ᕧᕧ⼄Βᠫⲏࢎ᜼ ำ∁ᒷⴑ䃲ദ⵬喏⛋ᖵ ߍ∁ᒷ᲍᪳স⼷Ꮋ⮰䛹㻲喏Э͆౔ϐᬿݹᅝᓱ䶧⶚ԉڣ౔݇͆ȟ㏻㥑সࣽᆁ⮰䓳⼷͙ ڢᰵ ᪳ТႸ᪠喏䕆䓳∁ᒷ䕀ᒰ䔩զ⮰᜼ߋ⢳ᅝ㘩᣼倄Ƞڣ᪳Тȟڸ∔䛹㺭⮰Ƞᠭᰵ₏⶚⮰ڟᱯݕস䉏Ч᭛㜟 ࡻ䃚ȟ䔮ᑿ⮰᲍স᲍Т ͙̬͖Ⱝᬢ⮰᫥∁ᅝ᭛䕆䓳⩟䄣Ąガᬿݐ۟ą喏࢟Ⴘܙ⼋ᒷ㏒᲋߇⮰䯳ҏऴसȟ∁ 䩚ఌ㉌Ƞ䔅 ર⮰ࣽ⺔ȟ䛳䉙䃎ࢁসϐ䉓䃎ࢁ喏Ꭲᐦ䃚䉋䉏Ϧ౔᪳ڟᲑネ⤲ੲ͆ϐᬿ᭛Э͆䶦ݕ㥑䓼স᜼ߋ⮰ ᄥЭ͆⮰∁ᒷ䃵䃨ᝂេ䃵喏सᬢछ䭹Ѻ Т̶オह喏ᅝ㘩᣼ॴ∁ᏙȠٹϱछБ䖫̹ 䘔ネᣓȟ⇧⤲সЭ͆䉏ЧȠڱऴ㻰᜼᱘喏ᩥર ܦፙ䃞Ꮣц⮰࠱᠘͙ᕧ㒞⤲ᕧц䪫ͥ᫛䛸᳃䩒㘈ȟ͙ ふȠ⩋ٴȟᱺы͊ⶁทȟ台►ࣽ⩋ٴ⦅๚⤲ηढ㓯 ޛᰵ͖͐⣛㞮喏ͧᠭϦ᭛͙ᕧह㾵䶪䬚ᯔ∁ᒷ㏰ڝ䃞Ꮣ ͧЧᠫⲏ台⇇ẌᒷጴȠ 32M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M͙ᕧߔᔭACCCIM Activities

Џ㶔ఎఎ঄࠱᠘͙ᕧ͙๚⤲ηᠫⲏ݄ԉ「ȟᠫⲏॠ ȟ⩋ٴЧढ⢵⁩ͧޛ㖀㐈㏰ڝژȟ⩋ٴ⺑͙ᕧ䊠͙఩↋㟻Ⱝস ⢵ϭȟႷᓣ ᅱ䟚͙ࡺᕧੲц㒞⤲ц䪫ᠫⲏᐂ๕ᓣȟᒙϔ͙ࡺᕧ ੲцޛц䪫ᠫⲏ䖿⺻ͼȟᠫⲏ叺䨙䆖ȟᴀ͙҇ࡺᕧ ႵᓩⰭЏ㶔ఎ ੲцᕧ⼄Β᳃͜䕪ᒷጴȟ⮧ଵẨ͙ࡺᕧੲцᕧ⼄Β ふȠ⩋ٴ⌧ȟ㦏ηᅐ䛽⩋ٴACCCIM Delegation to 台⩷ᑦ

Jiangsu and Anhui, China ᰴᬑ喏Џ㶔ఎ౔ࢃϘ̺↋㟻Ⱝੲߍࢱ፤ߍޛࢱ䪫 12-3-2017 - 19-3-2017 ᯔ͙఩䉤ӯц↋㟻Ⱝܲцц䪫ざტ⺑ȟ↋㟻Ⱝ䉤ӯ цᯔ఩䭱ੲцޛц䪫台ᩫц䲎ϐ≭Ƞざტ⺑ޛࢱ䪫 喏Ꭲᑦ͆ڠ㒞⤲ᕧц䪫ͥ᫛䛸᳃ ⁎䓺๓侘Э͆ݜ↋㟻Ⱝ㔯ᄋ≩䄴সេ䉰 ͙ᕧ Ბ㺫φ͙ࡺᕧੲц 侘䩒㘈⢳䶲ϦЏ㶔ఎκᎠᰴᬑ㜟ᬑ 䄯ੲߍࢱᄲͦ჎ੲ᣼Ӈᰬф䉔সᰬ倄ᩴ⮰᰹ߍȠͥ 䊠͙఩↋㟻ⰭসႵᓩⰭ㔯ᄋ喏ᬔ౔䔇̬ₑߌᑦ͙ᕧ̺ ᫛䛸᳃䩒㘈㶔⹦喏౔̬ፒ̬䌛㏻≺ᵲ᳢⮰ᣔߔ̷喏 ㈧ࡳ㏓喏Ⱊݹๆ͖጑ੲ䶲ഋᄥڟ͙఩रⰭЩੲߍࢱȟ጑ੲ͆㖀ऴцȟӔ㖀ȟโӔߊふ 䙹ऴ侘͙͐఩䗒ϐ ᱦᲰ⮰㖀㈧喏सᬢ჊౜㔯ᄋᑿ౜㥑ੲ⣛ද̺Э͆喏ᣎ ᣑϐ≭̺ࣽᆁ౳ะκᰬҟ⟢ᔭ喏छБ䊶ֆ䊶ຩȠ ㉎ੲᱦ喏ᣔߔ侘͙㏻䉤ऴ҈ᰠ̶̬ᅮẨȠ

ざტ⺑ޛࢱ䪫 ट 䊌䔭 ㏖ᔡ৭δͥ᫛䛸᳃䩒㘈 ጒ Ƞ Mr. Da Jiaxiang (4th from right) represented a souvenir to Tan Sri Lim Sing (4th from left).

Џ㶔ఎ̷ࡴ౔ࢃϘጮ ޛᅬ䪫᫥㟟̺↋㟻Ⱝ侧 侘Ბ㺫φ㏻䉤Џ㶔ะͧ ふϦ⮰䮖सڡЧЏ㶔侲 ̷喏࣮㻮βࢃ Ϙ㏻ ≺ឬ ᱛᐬࣽࡦ̵ࣶტЭ͆喏 ࠱᠘㞪⁓ञჲ᫛喋͙఩喌 तȟࢃϘژⅠ㈧㐋ᰵ䭼 ឬᱛⵀ⾢䮎Бٵ⓬䔇ٴ ࣶࢃϘ๕ߌ⾦䄯䃪ำᰵ त喏Ϻ͙β㼏↋㟻Ⱝژ䭼 ᩫᏈ㻰ܾࣽᆁȟ㏻㥑䌛 ㏫̺ᐦ䃪ℽ⩋⮰Ⴘ᪠䌛 ㏫ప喏㣣⯶㞛ๆȠ

᭛ᮆ喏ࢃϘጮϦ๓፤ༀ цޛͧЧᱺ๳䃪რ⁎䓺 ͙ᕧЏ㶔ఎȠ䓽ᎠᲑࢃ Ϙጮ̺侘Ბ㺫φ㏻䉤ᒬ Ƞ Ბჲܳ喏ⰤԍᄲᲑцᰵ⩋ٴڡЧ喋ट喌Ƞटͦ侲ͧޛ᫛䛸᳃䩒㘈喋ጒ喌Џ㶔͙ᕧ䊌䔭㏖ᔡ৭δᱺ๳ͥ Tan Sri Lim Sing on behalf of ACCCIM presented a souvenir to Mr. Li Qi (6th from ᰠ๓⮰ࣽᆁȠ right). 1st from right was Mr. Luo Bing. ͙ᕧߔᔭACCCIM ActivitiesM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M33

⁍ᬑ喏Џ㶔ఎ䃫䬚↋㟻Ⱝ጑ੲ͆ ͥ᫛䛸᳃䩒㘈̺↋㟻Ⱝᕧੲцޛц䪫䭲㓐ຟทオ㒞ऴ҈䄱㼏ำᔄᒁȠ㻭 㖀ऴцࣶ↋㟻Ⱝᕧੲц喏̺↋㟻 䃭Ϧ࠱᠘䃤Оᶿц䪫 ट ȟ↋㟻Ⱝੲߍࢱޛࢱ䪫↋ᶒ ट ȟᠫⲏ݄ԉ Ƞ ट ⩋ٴ⺑ȟႷᓣ ट ȟᠫⲏॠ⢵ϭ ट Чȟ↋㟻Ⱝ጑ੲ 「ͧޛⰭϦ๓፤ༀ 㖀ͧፙᯔⰭᕧੲцц䪫䃤Оᶿц Tan Sri Lim Sing and Ms Lu Qun, Vice Chairperson of Jiangsu Federation 䲎ϐ≭Ƞ᱋䬠喏͙ᕧ̺↋㟻Ⱝᕧੲ of Industry and Commerce signed a Memorandum of Understanding. цオ㒞ऴ҈䄱㼏ำᔄᒁ喏ࣸ᫥オ Witnessed by Mr. Xu Zhongzi (9th from right), Mr. Jiang Hua, Deputy 㒞Ϧͦͥ᫛䛸᳃䩒㘈স↋㟻Ⱝᕧ Director of Department of Commerce of Jiangsu Province (8th from right), ੲцޛц䪫䭲㓐ຟทȠ Dato’ Low Wan Cheong (11th from right), Dato’ Ng Yok Gee (12th from right) and Mr. Siang Teck Siong (13th from right).

ͥ᫛䛸᳃䩒㘈 ट 䊌䔭 ͧЧᯔ↋㟻Ⱝ⊣โϐ≭ࡻцц Ӕߊ აژЏ㶔ఎ᜼঄΋̺↋㟻ⰭϦℽᩫᏈӔߍߊ ㏖ᔡ৭δ↋㟻ⰭϦℽᩫ 㗛჆β͙ᕧ౔ᣔ䔇͙侘͐఩ᩫ⇧ȟ㏻≺ȟโܲٱ䪫⢷ࡺц䲎Ꭲ䔇㵸ϐ≭Ƞ⢷ࡺͧЧ აͧЧᯔ↋ژᏈӔߍߊ ϐふ᫥䲎ᝬࣽᡑ⮰䛹㺭҈⩔喏ᎢϷ㏹↋㟻ⰭӔߊ౔ᣔ䔇↋㟻喋ࢃϘ喌ĄӔ᷒㟽ąȟ͙ 㟻Ⱝ⊣โϐ≭ࡻцц䪫 ѿڣふ᫥䲎⮰͆ڠ丼㍭㢏䃍ܾȟࡺ᪳᪅㗞ദ౜ᐦ䃪喏Бࣶ⿷∁ԉ័সӯ䔇ࡺӔេ䉰 ⢷ࡺ ट Ƞ ጑҈Ƞ 5BO 4SJ -JN 4JOH UI GSPNSJHIU QSFTFOUFEB Џ㶔ఎ䮻ऺκᰴᬑ១䓪͙఩ႵᓩⰭ䔇㵸㔯ᄋ喏㣣ऴ㗑ጮༀ፤ༀȟޛጮ䪫ႀ⋇ᣑ TPVWFOJS UP .S 8BOH 㻭Ꭲ䃪ࡴრᒱȠܦፙ㔱࠱᠘ऴ㗑ጮโӔߊͧЧ䭴ज़ϚȟႵᓩⰭӔ㖀ޛͧፙᯔऴ㗑 )VB %JSFDUPSPGUIF ፙঔᚓȟऴ㗑ͧޛȟऴ㗑ጮڡЧᵽ᳃ͧޛጮጮӔ㖀ͧፙ᫥⣞ȟऴ㗑ጮ㏻ᐬࡦネༀц 0WFSTFBT $IJOFTF ц䪫ᱝềȠޛ㏰᜼঄ᯔ䉤ӯц̿㕸چᅬ䪫ⰇᖕႻࣶऴ㗑ጮੲߍᅬޛጮ᠇ੲᅬ "GGBJST0GGJDFPG+JBOHTV 1SPWJODJBM(PWFSONFOU ႀ⋇ޛጮ䪫㶔⹦喏ऴ㗑᭛䪫↋㏻≺ፒস̬ፒ̬䌛⮰ࣸ㞮◥೺ጮ喏౔఩䭱ࡂऴ҈᎟ज DVN1SFTJEFOUPG+JBOHTV ̶߇Ⅾ౔᠇ੲᑁ䉰̶ᰵ᫜⮰⾭ⵠȠͥ᫛䛸᳃䩒㘈㶔⹦喏͙ᕧ䲊፤ᙫᘻ̺ጮᩫᏈᥦ᝷ 0WFSTFBT &YDIBOHF 䄷ࣽᆁᥙᶑ䨦䌛喏ӯ᜼ᰠๆऴ㗑ጮ⮰Э͆౔侘Ბڝऴ҈喏ͦᰠๆ๓侘̺ऴ㗑ጮЭ͆ "TTPDJBUJPO UIGSPN 㺫φ⮰㥩౜̺ࣽᆁȠ SJHIU  34M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M͙ᕧߔᔭACCCIM Activities

䙹ऴ͙ᕧЏ㶔ఎ⮰᠈䃫喏ႵᓩⰭੲߍࢱͧߊβĄ͙ᕧ̺ႵᓩЭ͆Ꮣ䄴ϐ≭цąȠႵᓩⰭੲߍ ႵᓩⰭⰤ䒯κĄ̬ፒ̬ܦ◥Ⱝੲߍ㏻≺䓼㵸ᗱۡ喏Ꭲڔࢱ䪫Ე᱘⌱Ϸ㏹ႵᓩⰭᗱࣶޛࢱ ౔↩䒒ȟ䧎䧭ȟⅠ∑ȟტ⩡ϓ͆Ƞڢᰵ℀䒯ф߫喏ᅐڣ䌛ą⇫㏫఩ტϓ͆ࣽᆁ

౔ऴ㗑ጮᩫᏈ⮰Ⴕᢾ̷喏͙ᕧЏ㶔ఎ΋࣮㻮βऴ㗑㏻≺ឬᱛᐬࣽࡦ ㏻ᐬࡦ ⮰Ⴕᓩ↋⌚↩ Β䃜ȟネༀޛ጑ༀچतȠ㔯ᄋऺ̺ऴ㗑㏻ᐬࡦژतসऴ㗑㒺㤝㗍Щᰵ䭼ژ䒒䯲ఎᣓ㗍ᰵ䭼 ȟ㏻ᐬࡦ㏻䉤ࣽᆁᅬ٭ЧᯔӔ㖀ͧፙᑌসͧޛაژȟऴ㗑㏻ᐬࡦネༀцߊڡЧᵽ᳃ͧޛц ޛᅬ䪫ᑌ఩Ẩࣶ᠇ੲᅬᅬ䪫ᒼᎲᏓ䄴ϐ≭Ƞ

Џ㶔ఎκᰴᬑ̶ࡴ᠈цβႵᓩⰭ጑ੲ͆㖀ऴц喏̺ႵᓩⰭᩫࡻޛͧፙȟႵᓩⰭ጑ ऴ㗑ጮޛጮ䪫ႀ⋇ ट ੲ㖀 ᕧੲц ͧፙ ц䪫 ᱺࢗࡺц䲎ϐ≭Ƞц̶͙ᕧ̺ႵᓩⰭᕧੲцオ㒞ऴ҈䄱㼏ำ ⁎䓺͙ᕧЏ㶔ఎ⮰㢱 ᔄᒁ喏オ㒞Ϧ͙ͦᕧ㒞⤲ᕧц䪫ͥ᫛䛸᳃䩒㘈ࣶႵᓩⰭ጑ੲ㖀喋ᕧੲц喌ޛͧፙ喋ޛ ͠喏Ꭲ̺ͥ᫛䛸᳃䩒㘈 ㏖ߞᲪȠࣸ᫥᱋Ⱘ䕆䓳͐ц᎟जӯ᜼͐౜ᰠๆЭ͆ͷ䬠⮰ξݕऴ҈Ƞ 䔇㵸ϐ≭Ƞ ц䪫 Mr. Kong Tao, Deputy ㏰Β䃜ȟͧፙॠऽᬺц䲎Ƞࣸ᫥ᅝߌᑦ㖀㐈ࡻ䄯ȟࣸऽ Mayor of the HefeiچЏ㶔ఎ䮻ऺ̺ႵᓩⰭӔ㖀 Β䪫Ე࣮̺ۜ City (right) welcomed⼄ڨፙͧޛ㏰᜼঄ȟچϐ≭ȠႵᓩⰭӔ㖀ڑ⌝ϐ≭̺᪅㗞䄪䷄ふ䔇㵸 ц㻭Ƞ ACCCIM delegation and had an interaction ᑿ๕͙ࡴ喏͙ᕧЏ㶔ఎ࣮ߌ⩝ႵᓩⰭϦ๓፤ༀцޛͧЧ㟝ᐦᚓრ䄣⮰ϐ≭ࡴრȠ㟝 with Tan Sri Lim Sing. ᫥ѹ⮰ϐ≭ऴ҈喏㘩䃕侘Ბ㺫φসႵᓩⰭ⮰ࣷຩڔᐦᚓͧЧ⁎䓺͙ᕧᲑ䃫喏Ꭲ䃐ͦ ㈧᣼倄ݜ᫜Ⅰ᎟喏ᰠᰵݕκᐬࣽЭ͆ͷ䬠ᰠ≧䋯㏻䉤ऴ҈Ƞڟ

ͥ᫛䛸᳃䩒㘈喋౼㔱ट喌̺ႵᓩⰭᕧੲцޛц䪫㏖ߞᲪオ㒞ऴ҈䄱㼏ำᔄᒁȠ 5BO4SJ-JN4JOH TFBUFEPOSJHIU BOE.S+J+JOTPOH 7JDF1SFTJEFOUPG"OIVB 'FEFSBUJPOPG*OEVTUSZBOE$PNNFSDFTJHOFEB.FNPSBOEVNPG6OEFSTUBOEJOH ͙ᕧߔᔭACCCIM ActivitiesM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M35

͙ᕧ䱾ੲఎ䊠 ACCCIM Young Entrepreneurs Delegation to Manila, Philippines 㤞ᒷც侘ᅨ៵࣮䃫ఎ 23-3-2017 to 25-3-2017

ᠫⲏॠ䕤᎟喋ጒ喌䊌䔭 ㏖ᔡ৭δ㤞ᒷცࡺӔ રͪᕧцࣶ㤞ᒷც͙ࡺ ٴᕧੲцȠጒ䊣䃤䧋䦗 ⩋ȟᱺ䕎ᷓࢆทȟॠ㢏 ⺑ࢆทȟᠫⲏॠ䕤᎟ȟ ٴ᫷ܛȟᱺ⩋ٴࢎ⺂㢗 ⌧ࣶ台⩋ٴȟढᐦᲑ⩋ Ƞ⩋ٴ⺻ Datuk Ng Yih Pyng (4th from left) presented a souvenir to the Philippine Chinese ᕧ䱾ੲఎ̬㵸Ϧ౔ᕧఎ䪫ᠫⲏॠ䕤᎟⮰⢳䶲̷喏κᎠᰴᬑ㜟 Charitable Association, ͙ᬑ䊠㤞ᒷც侘ᅨ៵䔇㵸࣮䃫喏⹨䆸᠈ц㤞ᒷცࡺӔરͪᕧцȟ㤞ᒷც͙ࡺ Inc. (PCCAI) and ᕧੲцস㤞ࡺੲ㖀ᕧц喏㣣रц⤲η䪫ࣶ㦏η☙◴⁎䓺ࣶⰇᗱᣑᒱȠ࣮䃫ఎ᜼ Filipino-Chinese ȟ⮧ଵẨ͙ࡺᕧੲцᕧ⼄Β General Chamber⩋ٴসढᐦᲑ⩋ٴ⺻⌧ᕧఎ䪫台ޛ঄࠱᠘͙ᕧ䱾ੲఎ .͙ࡺᕧੲц䱾ੲఎ䶪䬚⢷ၼ᪘ࢆทȟ⮧ଵẨ͙ࡺᕧੲц㦏η of Commerce, IncڜȟḚ㒺⩋ٴ台⩷ᑦ ȟᴀ҇ጊ͙ࡺ (FCGCCI). From left⩋ٴఎ䪫䧋⻵Ⴛޛ㣖͙ࡺᕧੲц䱾ੲఎڜȟव䮲಍ᯔ䰖⩋ٴ䅎ลጲ ȟ⴮៵䊶ऐ᭷͙ࡺᕧੲц䱾ੲఎ፤ߍ⤲η䗽䯱∜ were Mr. Jose Castaneda⩋ٴ㔀ܛఎ䪫ᑌޛᕧੲц䱾ੲఎ ,ふȠ Jr., Dr. James G. Dy⩋ٴ Dr. Benito Goyokpin, ,䱾Ꭰ⮰ഥ㗞সࣽ Datuk Ng Yih Pyng∔ڟ䃐स͐఩ੲцᏀᰠ⩋ٴ㤞ᒷც͙ࡺᕧੲц⤲η䪫ࢎ⺂㢗 ᆁ喏ͦ͐఩䱾ᎠЭ͆ტ⮰ϐ≭ᥙᐦᰠๆᰠ๓⮰᎟जȠ㤞ᒷცࡺӔરͪᕧцⅤ䔈ह Mr. Antonio Tan, Mr. 㵸ᩫᕧ⤲ᱺ䕎ᷓࢆท΋ܲϗ㤞ᒷცࡺӔરͪᕧцস㤞ᒷც͙ࡺᕧੲ Florante Dy, Mr. Kenڨ㾵㦏η䪫 ц⼛Ჭᣔᆁᑿ౜᪳ࡂȟ᪅㗞ȟᙴરη͆ࣽᆁ喏Бࣶͦᑿ౜⹪ц᰹ߍস఩ტᐦ䃪Є Yap Kean Lye and Mr. ܦ⮰ߖ߇স䉍⡚Ƞܦፙᣑᒱ⮰㦏η࠱᠘㤞ᒷცࡺӔરͪᕧц㦏η䪫ॠ㢏⺑ࢆทȟ Vincent Ng Thian Hock. ふȠ⩋ٴη䪫䃤䧋䦗⤲ޛȟន㵸⩋ٴ᫷ܛ㤞ᒷც͙ࡺᕧੲцह㾵⤲η䪫ᱺ

喋ጒ喌ϐᢎ㏖ᔡ৭Ƞ⩋ٴᠫⲏॠ䕤᎟喋ጒ喌̺㤞ࡺੲ㖀ᕧц⤲η䪫ᑡ᭙স Datuk Ng Yih Pyng (9th from left) exchanged souvenir with Mr. Angel Ngu, President of Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (10th from left) 36M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M͙ᕧߔᔭACCCIM Activities

๓侘侧㤞ੲߍ࣮䊊.T/ZBFF"ZVQ喋ݹᢾጒ喌̺࣮䃫ఎ᜼঄ ࣶ㤞ᒷცੲцЏ㶔ऴ⚓ȠMs. Nyaee Ayup, Malaysia’s Export ͙ᕧ䱾ੲఎ䃫䬚㤞ᒷც᱋䬠喏㣣侘Ბ㺫φᄥโ აႵᢾ̺㤞ᒷც䱾ᎠఎژPromotion Counsellor/Trade Commissioner in Philippines 䉤ᬿࣽᆁᅬ㤞ᒷცߊ (front row 7th from left) had a group photo with the delegates ѿ喏࠱᠘㤞ࡺ䱾ᎠЭ͆ტੲцȟ㤞ᒷც䱾ᎠЭ͆ and representatives of trade associations in Philippines. ტࡻцȟ侘ࢍ㦮ੲߍԝͼ䘔ȟ侘Ბ㺫φ㤞ᒷც ጑ੲцふц䲎Ƞ๓侘侧㤞ੲߍ࣮䊊.T/ZBFF ͙ᕧ䱾ੲఎₐ㵸΋᠈цβ㤞ࡺੲ㖀ᕧц喏ᑌ᭙স⤲η䪫౔ϐ "ZVQ΋࣮ͦ䃫ఎ᜼঄И䃞㼏㤞ᒷც⮰㏻䉤ᩫ ≭ц̶㶔⹦喏㤞侘ੲцᗱ䄶⌝ࣆ喏ጸ᱇͐఩ੲц⮰㦏ηস䱾 も喏Бࣶ䉤ᬿসេ䉰ᱦц喏䃕̺цЏ㶔䔇̬ₑβ 㼏ᑿ౜⮰㏻≺⣜ۡসࣽᆁ䊷߫Ƞ ٱᎠЭ͆ტ϶ऺᄲ䔇̬ₑߌᑦ㖀㈧ȟჲܳᒬᲑȟ⌝ࡂऴ҈喏 सࣽᆁ喏Бࣶ㤞ᒷცস侘ڝࣽᡑ㐨ऴф߫喏ͦ͐఩ੲц⮰ܲ Ბ㺫φ⮰㏻≺㍭㢏㑀䕌ੲ䉤᫜๽ᱦȠܦፙϐ≭ц⮰㤞ࡺੲ ͙ᕧ䱾ੲఎ㫵ⱬₐ⁍䃫䬚喏䖬䄣㤞ᒷც䱾ᎠЭ ტ㏰ఎ࣮ߌᄲκ϶Ꭰ౔䱥䰟ᕍԉͪߊ⮰Ą͙͆ ٴη䪫台Ꭰ㢏⤲ޛȟ⩋ٴ㖀ᕧц㦏η࠱᠘ह㾵⤲η䪫㢶ݹ䔇 䱾ऴ ᕧじᅶ䱾ੲ๓цą喏रц౳☙◴৹ᏀᎢ㶔⹦ᄲڨȟ፤ߍ⤲η⩋ٴȟ⢷䔊Ӕ⩋ٴȟ᫩ᶿν⩋ٴȟ᳃㢏䒵⩋ ፙ䱾ੲ๓цȠܦふȠ ⼛Ჭゥ㏰䱾ᎠЭ͆ტᲑ侘⩋ٴ⣚⌱Ч᫩ͧޛȟ䱾ऴༀ঄ц⩋ٴༀ঄цͧЧ㩍ᐦ᜼

͙ᕧ䱾ੲఎᕧఎ䪫ᠫ ⲏॠ䕤᎟喋ጒ喌䊌䔭㏖ ٴ䭞ٵន㵸ͧፙ台ޛ͙ᕧ䱾ੲఎ䃫䬚䊶ࢃࣶᄚ఩ ᔡ৭δ䊶ࢃ጑ੲᕧц ⩋喋ጒ  喌Ƞ  Datuk Ng Yih Pyng, Chairman ACCCIM Young Entrepreneurs of ACCCIM YEC (9th from left) presented a Delegation to Vietnam and Lao PDR souvenir to Mr. Hoang Quang Phong, Vice Executive President of Vietnam Chamber of 26-4-2017 to 29-4-2017 Commerce and Industry (VCCI) (10th from left). ͙ᕧߔᔭACCCIM ActivitiesM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M37

ࣶ ࣮䃫ఎ΋᠈цβ䊶ࢃ䱾ᎠЭ͆ტࡻц喏㣣䄑ڱ⇟ᕧ䱾ੲఎЏ㶔ఎκᎠᰴᬑ㜟ᬑ䊠䊶ࢃ ࣶ㦏η☙ᗱᣑᒱ喏Ꭲस౦⩋ٴڟ͙ᄚ఩Ⅴ⣹䔇㵸࣮䃫喏̬㵸Ϧ౔ᕧఎ䪫ᠫⲏॠ䕤᎟⮰ፒ цц䪫㸠᪳ 䶲̷喏᠈ц䊶ࢃ጑ੲᕧцȟ䊶ࢃ䱾ᎠЭ͆ტࡻцࣶᄚ఩䱾ᎠЭ͆ ႵᢾЭ͆ᄥᣑц喏䃕࣮䃫ఎ᜼঄̺䄑цц঄ ტࡻц喏ᬔ౔්ᑦ侘Ბ㺫φ̺䊶ࢃࣶᄚ఩Э͆ტ⮰㖀㈧̺ϐ≭喏 ੲტⰠᣑ≩䄴喏吿ߝ͐цц঄ੲტ៿ᆁࣸ䓥 ៿ᆁੲᱦȠ 䉤ᬿ̺េ䉰ऴ҈Ƞ

౔ϐ≭ц̶㶔⹦喏䊶ࢃস ͙ᕧ䱾ੲఎₐ㵸΋᠈цβᄚ఩䱾ᎠЭ͆ტࡻ⩋ٴ䭞ٵន㵸ͧፙ台ޛ䊶ࢃ጑ੲᕧц 侘Ბ㺫φस͈ͦⰋ᜼঄఩喏Ђͼ㻭͈ⰋरхѠ఩ߌᑦ䉤ᬿࣶេ ц喏̺䄑цޛц䪫%S,IBNTFO4JTBWPOHȟ ㈧Ƞ .S-JUIJLBJࣶ㦏ηϐ≭Ƞ.S-JUIJLBJ㶔⹦喏ڟ䉰㖀㈧喏䔇̬ₑጕదসផ๓ξᘌξݕ⮰ࡦഋऴ҈ ᄚ఩ᩫᏈ₏㻲͙ᄻಷЭ͆᭛ᣔߔ఩ტ㏻≺ࣽ ᆁ⮰䛹๓ᩛᴝ喏ᰬ䓽ࣽጯ᫜ᩫも᣼Ӈर⻹㲹 䉰䉣সຂᣂ喏᣼ࡳ͙ᄻಷЭ͆⮰《ε㘩߇ স⩋ϓ߇ȠЂጸ᱇ᄚ఩䱾ᎠЭ͆ტࡻцᄲস ㈧সξߔ喏ࣸ᫥϶ऺڟ͙ᕧ䱾ੲఎԉᠭࣷຩ 㘩ᰵᰠ⌝ᅮ⁍⮰ᒬᲑȠ

͙ᕧ䱾ੲఎₐ⁍䃫䬚䊶ࢃসᄚ఩⮰सᬢ喏΋ 䖬䄣䊶ࢃ጑ੲᕧцȟ䊶ࢃ䱾ᎠЭ͆ტࡻцࣶ ᄚ఩䱾ᎠЭ͆ტࡻц㏰ఎ࣮ߌᄲκ϶Ꭰᰴ ᅶ䱾ੲ๓ڙᬑ౔䱥䰟ᕍԉͪߊ⮰Ą͙ᕧじ цą喏㣣रੲц䶲ᄨ☙◴ࣹᏀ㶔⹦ᩛᠭȠ

䊶ࢃ䱾ᎠЭ͆ტࡻц͙ͦᕧ࣮䃫ఎႵᢾЭ͆ᄥᣑцȠVietnam Young Entrepreneur‘s Association (VYEA) arranged a business matching session for ACCCIM delegation.

͙ᕧ࣮䃫ఎ̺ᄚ఩䱾ᎠЭ͆ტ ࡻцऴᒝȠጒসጒܲݗ᭛ 侘Ბ㺫φ侧ᄚ఩๓ҫ)&.PIE"JOJ"UBOࣶ侘Ბ㺫φ侧䊶ࢃ㏻≺࣮䊊 ᄚ఩䱾ᎠЭ͆ტࡻцޛц䪫 .S%BWJETPO%FF-BEJ΋ᣑᒱβ͙ᕧ䱾ੲఎ࣮䃫ఎ喏䃞㼏ᑿ౜⮰㏻䉤ᩫ .S -JUIJLBJࣶ%S ,IBNTFO も喏Бࣶ䉤ᬿসេ䉰ᱦц喏䃕᜼঄И䔇̬ₑβ㼏ᄚ఩ࣶ䊶ࢃ⮰㏻≺⣜ۡসࣽ 4JTBWPOHȠ ᆁ䊷߫Ƞ ACCCIM delegation had a photo session with Young ȟ⮧͙ Entrepreneurs Association of⩋ٴসढᐦᲑ⩋ٴ⺻⌧ᕧఎ䪫台ޛ͙ᕧ࣮䃫ఎ᜼঄࠱᠘͙ᕧ䱾ੲఎ ȟḚ͙ᕧ䱾ੲఎ䶪䬚ᯔദᐦࣶ⻭㥑ࡂ㏰ͧЧ⢷ၼ᪘ࢆ Lao (YEAL). 5th from left was⩋ٴᕧᕧ⼄Β台⩷ᑦ ȟ⮧͙ᕧ㦏ηᯔ䱾ੲఎ Mr. Lithikai and 6th from left⩋ٴ∷Чֱᵮͧޛทȟ䮲䰖͙ᕧ㦏ηᯔᐦぽࣶ౜ϓ㏰ .ふȠ was Dr. Khamsen Sisavong⩋ٴఎ䪫ᠫⲏ᳃ᔃ䆖ȟḚ͙ᕧ䱾ੲఎ㒞⤲ఎ䪫ᱺ㢏㔬ޛ 38M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M♒◥Highlights

ᕧ㒞⤲ᕧц䪫ͥ᫛䛸᳃䩒㘈κ ͙Ꭰᰴᬑ㜟ᬑ喏⢳䶲͙ᕧ ͙ᕧЏ㶔ఎ䊠͙఩Ꭻጊ Џ㶔ఎ䊠͙఩Ꭻጊ࣮ߌじᅶ͙఩䔇ܦ एੲ৭ϐᬿц Ꭻϐц Ƞ ࣮ߌじᅶ͙఩䔇ܦएੲ৭ϐᬿц ACCCIM Delegation to Guangzhou, ͙ᕧЏ㶔ఎः䖬ܦፙᰴᬑᮆκᎫϐц ༭᫛Ⅼ䙾Ꮓͪߊ⮰じᅶᎫϐцᐬᎁ᠇ China in Participation of the 121st Session ᒱцȠ᠇ᒱцͧც᭛Ꭻ͈ⰭޛⰭ䪫ҁᔌ ࣷȠܦፙ㔱࠱᠘͙ᕧន㵸䶪䬚ᠫⲏᲔ๕ of China Import and Export Fair ഥⶁทȟ͙๚⤲ηᠫⲏ݄ԉ「ȟ侘Ბ㺫φ | 114-4-20174-4-2017 toto 15-4-201715-4-2017 ٴᕧ㏻⤲䭴үᒒޛत͙఩ࡦژᓱ㘈ᰵ䭼 ⩋ふϦȠ

Џ㶔ఎ⁍ᬑݜᎫϐцᆁ亲࣮㻮喏㔯ᄋጮ౦ ࣽᆁ䊷߫Бࣶ̺ᆁܦ⮰ੲტ䔇㵸ϐ≭Ƞ

ट䊣喝ᠫⲏ݄ԉ「ȟͥ᫛䛸᳃䩒㘈ȟ Ꭻ͈ⰭޛⰭ䪫ҁᔌࣷȟᠫⲏᲔ๕ഥࣶ ȠFrom right: Dato’ Low⩋ٴ䭴үᒒ Wan Cheong, Tan Sri Lim Sing, Mr. He Zhongyou, Vice Governor of Guangdong Province, Datuk Yong Ah Pwi and Mr. Chen Kan Yan.

⹨䆸᠈цじθ䉎ᩫ䘔ޛ䘔䪫ᠫⲏᱺᔃϚ 㩍᪳≞ᒷጴ喋ट喌䊌 䔭㏖ᔡ৭δᠫⲏᱺᔃ Courtesy Call on YB Dato’ Lee Chee Leong, Ϛ喋ट 喌Ƞट  ͦ ᱺ ᰵ Ƞ⩋ٴڔ Deputy Minister of Finance II | 24-3-2017 Mr. Michael Chai (5th from right) presented a ᕧじθޛᕧ⼄Β㩍᪳≞ᒷጴκ ᠈цⰚ⮰᭛Ϸ㏹͙ᕧ䛽㲹̺䉰᱘ጮ౦㏰ souvenir to YB Dato’ Ꭰᰴᬑ喏⢳䶲䛽㲹ࣶ䉰 㕸ߍࣶ䃔䃦侘Ბ㺫φੲ͆⩸⮰䊷̺߫ᩫ ͙ Lee Chee Leong (4th ᱘ጮ౦㏰᜼঄⹨䆸᠈цじθ䉎ᩫ䘔ޛ もȠܦፙ㔱࠱᠘͙๚⤲ηᯔ䛽㲹ࣶ䉰᱘ from right). 6th from Ƞ⩋ٴڔ䘔䪫ᠫⲏᱺᔃϚȠ ጮ౦㏰ͧЧᱺᰵ right was Mr. Lee Yew Chen. ͙ᕧߔᔭACCCIM ActivitiesM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M39

᠈ц侘Ბ㺫φ㗍⺔ϐᬿᝬ CCourtesyourtesy VisitVisit ttoo BBursaursa MMalaysiaalaysia BBerhaderhad | 222-3-20172-3-2017

ᕧ͙๚⤲ηᯔ䛽 ͙㲹ࣶ䉰᱘ጮ౦㏰ κ⩋ٴڔЧᱺᰵͧ Ꭰᰴᬑ喏⢳䶲䄑㏰ ᜼঄⹨䆸᠈ц侘Ბ㺫φ 㗍⺔ϐᬿᝬ仂ፙន㵸঄ ᠫⲏ᫛䛸䓪⺂̭Ƞࣸ᫥ ᅝ࢟ᄲ౔϶Ꭰじθႏͦ ͙ᄻЭ͆ᣔ㵸⮰᫜ጮ౦ 䔇㵸䃔䃦Ƞ 喋ጒ喌ࣶ͙ᕧ䛽㲹ࣶ䉰᱘ጮ౦㏰᜼঄ऴᒝȠPhoto⩋ٴڔᠫⲏ᫛䛸䓪⺂̭喋ट喌̺ᱺᰵ between Datuk Seri Tajuddin Atan (5th from right), Mr. Lee Yew Chen (7th from left) and members of ACCCIM Finance and Capital Market Committee.

ٴڔᕧ͙๚⤲ηᯔ䛽㲹ࣶ䉰᱘ጮ౦㏰ͧЧᱺᰵ ⹨䆸᠈цᭋ≞ᬑ៑ ͙⩋κᎠᰴᬑ⢳䶲䄑㏰᜼঄喏⹨䆸᠈цᭋ ⩋ٴतᕧន㵸䪫䗝๕䯰ژᬑ៑喏㣣ᓃ͂ࡺๆ྾ѿᰵ䭼≞ Courtesy Visit to Sin Chew Daily ᣑᒱȠࣸ᫥ᅝ侘Ბ㺫φ⮰㏻≺ݹᮛস䛽㲹⻽ឬ䶲ഋ⮰ | 66-4-2017-4-2017 ࣽᆁ䔇㵸䃔䃦Ƞ 喋ट喌⩋ٴڔᱺᰵ 䊌䔭㏖ᔡ৭δ͂ࡺ तᕧژๆ྾ѿᰵ䭼 ⩋ٴន㵸䪫䗝๕䯰 喋ጒ喌ȠMr. Lee Yew Chen (7 th from right) presented a souvenir to Mr. Keu Tien Siong (8th from left) CEO of MCIL Multimedia Sdn. Bhd. ᕧ͙๚⤲ηᯔ䛽㲹ࣶ䉰᱘ጮ౦ κᎠ ⹨䆸᠈цࢃ∷ੲ៑⩋ٴڔ͙㏰ͧЧᱺᰵ ᰴᬑ⢳䶲䄑㏰᜼঄喏⹨䆸᠈цࢃ∷ Courtesy Visit to Nanyang Siang Pau ٴٵੲ៑喏㣣ᓃࢃ∷ੲ៑ᕧ㑂䒽䭴ⅵ সន㵸ᕧ㑂䒽ۨᚓ⁏ᄻ໼ᣑᒱȠࣸ | 66-4-2017-4-2017⩋ ᫥ᅝ侘Ბ㺫φ㏻≺ݹᮛ̺㑽㐈⻽ឬ ⮰ࣽᆁ䔇㵸䃔䃦Ƞ

喋ट喌䊌䔭㏖ᔡ৭δࢃ⩋ٴڔᱺᰵ 喋ጒ喌Ƞ⩋ٴٵੲ៑ᕧ㑂䒽䭴ⅵ∷ Mr. Lee Yew Chen (5th from right) presented a souvenir to Mr. Chan Aun Kuang, Editor-In-Chief of Nanyang Siang Pau (5th from left). 40M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M͙ᕧߔᔭACCCIM Activities

๓侘ᬑ᱘䉤ᬿ̺ Visit by The Japanese Chamber of Trade ጑͆ੲцݜ䃫 & Industry, Malaysia (JACTIM) | 9-3-2017 侘ᬑ᱘䉤ᬿ̺጑͆ੲ ๓ц喋+ " $ 5 * .喌ޛ ᕧ ц䪫.S)JSPZVLJ*NJ[V⢳ Џ㶔ఎκᎠᰴᬑݜ 䃫͙ᕧᎢ䔇㵸ϐ≭Ƞᬑ᱘侧 侘๓ҫ亲㏻≺ηߍะ䶲η .S,PIFJ/BLBNVSBࣶੲߍ ࣮䊊.S4PTVLF5BOBLB̬ सݜ䃫Ƞ .S)JSPZVLJ*NJ[V喋ट喌⢳䶲⮰๓侘ᬑ᱘䉤ᬿ̺጑͆ੲцЏ㶔ఎ᜼঄̺ᠫⲏ݄⦊㸁 ͙ᕧ⩝ޛᕧц䪫ᠫⲏ݄⦊㸁 ᅬ㏱喋ट喌ȟ㩍᪳≞ᒷጴ喋ट喌ふ͙ᕧЏ㶔ऴᒝȠMr. Hiroyuki Imizu (5th from right) ᅬ㏱ᣑᒱ喏ܦፙ㔱࠱᠘㩍᪳ and members of JACTIM delegation had a photo with Dato’ Liew Sew Yee (6th from ≞ᒷጴȟᠫⲏॠ᪳䧒ࣶ䷈᪳ right), Mr. Michael Chai (7th from right) and other representatives of ACCCIM. ふȠ⩋ٴ䧒 ͙఩⊅↋๓႒Џ㶔ఎ ఩⊅↋๓႒ࣽᆁ㖀㐈䶪䬚㠯ຮᲪ⢳䶲ϦЏ㶔ఎ喏 ͙κᎠᰴᬑݜ䃫͙ᕧ喏⩝͙ᕧន㵸䶪䬚ᠫⲏ ፙ㔱࠱᠘㩍ᄽᲜࢆทȟᠫⲏ≖⹨⧓ふȠܦݜ䃫͙ᕧ Ე๕ഥᣑᒱ喏 Courtesy Visit by Delegation from ࣸ᫥ϐ≭侘͙͐఩⮰㏻䉤ࣽᆁস᪳ࡂ᪅㗞⮰᣼ࡳ喏Бࣶᣎ Zhejiang University, China 䃔䔇̬ₑߌᑦऴ҈Ƞ 15-3-2017 ᠫⲏᲔ๕ഥ喋ጒ喌䊌䔭㏖ ᔡ৭δ⊅↋๓႒ࣽᆁ㖀㐈 喋ጒ 喌Ƞ⩋ٴ䶪䬚㠯ຮᲪ Datuk Yong Ah Pwi (6th from left) presented a souvenir to Mr. Fan Rusong (5th from left), Development Advisor of Zhejiang University. 㤞ᒷც侧侘Ბ㺫φ Visit by Commercial Attaché of Philippines Trade ੲߍ࣮䊊ݜ䃫͙ᕧ and Investment Center | 17-3-2017

ᒷც侧侘Ბ㺫φੲߍ࣮䊊.T3PTB,BUSJOB7 .T3PTB,BUSJOB7#BO[PO喋ݹᢾट喌̺͙ᕧ䱾 㤞#BO[POκᎠᰴᬑݜ䃫͙ᕧ喏ऽ͙ᕧ䱾ੲ ੲఎ᜼঄ऴ⚓喏ጒস᭛ᠫⲏ⍕Ⅴ᪳সᠫⲏॠ䕤 (ఎ᜼঄䃞㼏㤞ᒷც㏻≺⣜ۡȟ㏻䉤ᩫもসេ䉰⣛දȠ ᎟Ƞ  Ms. Rosa Katrina V. Banzon (4th from right had a photo with members of ACCCIM Young ͙ᕧ⩝䱾ੲఎᕧఎ䪫ᠫⲏॠ䕤᎟喏䶪䬚ᠫⲏ⍕Ⅴ᪳ふ Entrepreneurs Committee. 4th and 5th from left were 䉋䉏ᣑᒱȠ Dato’ Oon Weng Boon and Datuk Ng Yih Pyng. ͙ᕧߔᔭACCCIM ActivitiesM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M41

㺫਑侧侘Ბ㺫φੲߍ࣮䊊ݜ䃫 Visit by Trade Commissioner ofු 㺫਑侧侘Ბ㺫φੲߍ࣮䊊.S+PTj'MPSFT%JB[ Embassy of Mexico in Malaysia ු̺࣮䊊ߕ⤲.T"OB"HVJMBS5PSSFTκᎠ | 223-3-201733-33-2017 ᕧц䪫ᠫⲏ݄⦊㸁ᅬ㏱ࣶនޛᰴᬑݜ䃫͙ᕧ喏⩝͙ᕧ 䯰ᣑᒱȠ.S+PTj'MPSFT%JB[᭛㐓ٲ㵸䶪䬚ͥ᫛䛸Ⴗ Ꮢݜ䃫͙ᕧ喏᱋䬠̺͙ᕧ̬Ⱐ䘩ԉᠭჲܳ㖀ڹᎠऺ ㈧ࣶऴ҈Ƞ 䯰̺ᠫⲏ݄⦊㸁ᅬ㏱䊌䔭͙ᕧܶ➕ٲट䊣喝ͥ᫛䛸Ⴗ ࣶ䃜η᱘δ.S+PTj'MPSFT%JB[ࣶ.T"OB"HVJMBS 5PS SFTȠFrom right: Tan Sri Soong Siew Hoong and Dato’ Liew Sew Yee presented ACCCIM’s publication and note book to Mr. José Flores Diaz and Ms. Ana Aguilar Torres.

͙఩叽哅↋Ⱝ጑ੲ͆ ⢳⩋ٴፙॠⅤͱͧޛ఩叽哅↋Ⱝ጑ੲ͆㖀ऴц ͙䶲ϦЏ㶔ఎ喏κᎠᰴᬑݜ䃫͙ᕧ喏⩝͙ ፙ㔱࠱᠘ᠫⲏॠ 㖀ऴцЏ㶔ఎݜ䃫͙ᕧܦᕧ㒞⤲ᕧц䪫ͥ᫛䛸᳃䩒㘈ᣑᒱȠ ȟֱᎲ䮲ᒷጴふȠ⩋ٲȟᠫⲏ᫛䛸㩍⩋ٴϭȟढ⢵䧒⢵ Visit by Delegation of Heilongjiang ጑ੲ㖀䖬䄣͙ᕧκ϶Ꭰᰴ㏰Џ㶔ఎ࣮ߌじᅶ͙఩ Federation of Industry & Commerce, Ӱ㒃᫛ࢆ㻴цᯔじᅶ৴ᅀ␔఩䭱㏻≺䉤ᬿ≩䄴ц喏 China | 29-3-2017 БࣶĄ下eᅱ哅↋㵸ÿ͈ࡃφࣶ๓侘下৭ȟ᳃᱔ϓ৭Э᱔ ͆ᄥᣑцą͆ᄥᣑццąȠ ॠⅤͱޛͧፙ喋ጒ喌䖬䄣ͥ᫛䛸᳃䩒㘈喋͙喌㏰ఎ࣮ ̺Ą 下 eᅱ哅↋㵸ÿ͈ࡃφࣶ๓侘下৭ȟ᳃᱔ϓ৭ Э͆ᄥᣑцąȠट ͦ ᠫ ⲏ ॠ ⢵ ϭ Ƞ Mr. Wu Yongjiu (left) invited Tan Sri Lim Sing (center) to organise a delegation in participation of “Meet in Heilongjiang: Food and Household – The matchmaking event for companies specialised in food products and forest products in Northeast Asia and Malaysia”. 1st from right was Dato’ Ng Yok Gee.

͙఩叽哅↋ⰭϦℽᩫᏈ Visit by Delegation of Foreign Affairs ,აЏ㶔ఎݜ䃫͙ᕧ Offi ce Government of Heilongjiangژโηߊ China | 28-4-2017 ఩叽哅↋ⰭϦℽᩫ აӔژ͙Ꮘโηߊ ߍะะ䪫ႅ✁κᎠ ᰴᬑ᠈ц͙ᕧ喏ᣔϷ ϶Ꭰᰴκ৴ᅀ␔ጮͪ㵸 ⮰じఇᅶ͙఩Ӱ㒃᫛ࢆ 㻴ц喏Ꭲ䖬䄣͙ᕧ㏰ఎ࣮ ߌȠ

δͥ᫛䛸᳃䩒㘈喋ጒ喌喏 ͙ᕧ㒞⤲ᕧц䪫ͥ᫛䛸ܩაॴϐ䖬䄣ژႅ✁ຟท喋ጒ喌Џ㶔叽哅↋ⰭϦℽᩫᏈโηߊ 䖬䄣͙ᕧ㏰ఎ࣮ߌじఇᅶ͙఩Ӱ㒃᫛ࢆ㻴цȠ ᳃䩒㘈䉋䉏ᣑᒱ喏ܦፙ㔱 ȟᠫⲏ᫛⩋ٴOn behalf of the Foreign Affairs Offi ce Government of Heilongjiang, Mdm. Sun Yan ࠱᠘ढ⢵䧒 ȟᠫⲏ䅎ტ㠮ȟ⩋ٲ6th from left) handed over an invitation letter to Tan Sri Lim Sing (7th from left), inviting 䛸㩍) ACCCIM to organize a delegation to participate at the 4th China-Russia Expo. ᠫⲏ᫛䛸≖ᲑૈふȠ 42M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M͙ᕧߔᔭACCCIM Activities

中总各属会 MMajorajor AActivitiesctivities OrganisedOrganised byby 主办的主要活动 AACCCIM’sCCCIM’s ConstituentConstituent ChambersChambers

马六甲中华总商会与仁爱医院联办“爱护心脏及了解脱发”健康讲座会 “Care For Your Heart and Hair Loss Problems” Health Talk jointly organised by the Malacca Chinese Chamber of Commerce and Industry and Mahkota Medical Centre 4-3-2017

ܦፙ㔱㕲क़ ͧ䃞Ϧͷ̬ ≖Ӷ䧒ࡧ ڟ䃞㼏ᰵ⩋ ❝័ᓯ㘻䉰 䃛Ƞ

峇株巴辖中华总商会青商团主办“风生水起接好运”讲座 Feng Shui Seminar organised by the Youth Committee of the Batu Pahat Chinese Chamber of Commerce 16-3-2017

ᇳᵖ͙ᕧц䪫䘙ᬺ 喋ጒ喌౔䱾⩋ٴࣽ ٴੲఎఎ䪫台ӶᲜ ⩋喋ट 喌ࣶ ޛ ఎ 䪫 ᑌበ᷷喋ट喌⮰䮖 स̷喏䊌䔭㏖ᔡ৭ ٴδͧ䃞Ϧᱺͱଵ ⩋喋ጒ 喌Ƞ ͙ᕧߔᔭACCCIM ActivitiesM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M43

巴生中华总商会主办“我们爱巴生”宝藏探秘寻宝活动 “We Love Klang” Amazing Treasure Hunt organised by the Klang Chinese Chamber of Commerce and Industry 26-3-2017

ጠ⩋ጮ䃍ܾゥༀцͧߊ⮰Ą᜽И❝ጠ⩋ą჉㫻ᣎ⼄ᄧ჉≧ߔ喏㣣ᓃϦ㏰᜼䒲↩䒒ᄧ჉䭋й࣮ڠጠ⩋͙ᕧู ⰇȠ℀䊇㏿ऴₑ㵸সᐬ䒒ᒎᐻ䔇㵸喏౔ᠳ჆ᮛ◥ᠽᝄ๓цᝬ䃪̷⮰Чߍ喏㔯侸࣮䊇㔱⮰㇪߇ȟ㔼߇ࣶᮦ߇Ƞڢ̺

居銮中华总商会拜访居銮市议会 Courtesy Visit to Yang di-Pertua Kluang Municipal Council by Kluang Chinese Chamber of Commerce and Industry 3-4-2017

喏ࣹᭌੲტᝬ⩋ٴᅱ䟚͙ᕧц䪫ͥ᫛䛸䭴᜼哅⢳䶲䄑цЏ㶔ఎ᠈цᅱ䟚ጮ䃚цͧፙ㏟᫛䛸 喋ट喌Ƞ⩋ٴᩥરᐦ䃚Ƞపͦͥ᫛䛸䭴᜼哅喋ጒ喌䊌䔭㏖ᔡ৭δ㏟᫛䛸ܦ䲎ᄥ⮰䬚䷄ࣶ᣼ 44M侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M͙ᕧߔᔭACCCIM Activities

登嘉楼中华总商会主办“登嘉楼团结时光”全民团结欢聚会 “Moments of Unity 2017” State organised by the Terengganu Chinese Chamber of Commerce and Industry 7-4-2017

ą喏 ।ᑁ㏒।ᑁ㏒Ϧ࣮̺Ƞ ࣮̺ٵ⮧͙ᕧ̺⮧ଵẨ侘Ბੲцࣶ⮧ଵẨ࢜Ꮢੲц㖀ߊ⮧͙ᕧ̺⮧ଵẨ侘Ბੲц ⮧ଵẨ࢜Ꮢੲц㖀ߊĄ⮧ଵẨఎ㏿ᬢ పͦर᫻ܦፙ㔱̬䊣ֆᮔ᧹Ƞ

马六甲中华总商会赴中国广州佛山市“马中友好•共创契机”拜访团 Malacca Chinese Chamber of Commerce and Industry’s Delegation to Foshan, Guangzhou, China 11-4-2017 to 15-4-2017

喋౼㔱ट喌喏⩋ٴ⌧喋౼㔱ጒ喌̺͙఩҇ᆝጮӔੲេ䉰Э͆ࡻцц䪫䰹ᴽ⩋ٴ͙ᕧц䪫䭴ԉ᜼⩞ ౔҇ᆝጮโηӔߍᅬޛᅬ䪫㺯㣥ຟท喋々͙⮩㶏㔱喌㻭䃭̷オ㒞ऴ҈ำᔄᒁȠ ͙ᕧߔᔭACCCIM ActivitiesM侘Ბ㺫φ͙ࡺᕧੲц喋͙ᕧ喌ц䃛M45

居銮中华总商会主办“妇女创业转型基金、贩商基金”说明会 Briefi ng on “Women Entrepreneurship Foundation & Hawker Trader Fund” organised by the Kluang Chinese Chamber of Commerce and Industry 22-4-2017

ᅱ䟚͙ᕧ㒞⤲ц䪫ᠫⲏᐂ๕ᓣ喋ጒ喌䊌䔭㏖ᔡ৭δͧ䃞Ϧͷ̬ᄻ䉕ᄻੲࣽᆁࢁѹޛᕧ 喋ጒ喌Ƞ⩋ٴ⯽ᯔ̬͖侘Ბ㺫φࡺ㸀䉕ੲദ䛽Џ㶔㩍Ꮂϭ

柔佛州中华总商会举办“依斯干达经济特区”讲解会 Briefi ng on “Iskandar Regional Development” organised by the Johor Associated Chinese Chambers of Commerce and Industry 9-4-2017

ᴀ͙ᕧ㦏ηࣶц঄࣮㻮Ӊ᫛᎞䓪㏻≺➥ࡦ喏㕲क़㏻≺➥ࡦ⮰ࣽᆁ䃍ܾࣶݹᮛ⮰䃞㼏Ƞ ᘡ䙕㺂ࣞθ䠃ᥥѐࣗ

অࣟᤛᴿਥ㺂ѐࣗⲺѣቅԷѐθ ቅශٰࣗቅශٰࣗ 䙅䗽䠃㓺⧦ᴿⲺ䍭ⅴθ 䘎ᰬ䰪㺞ԛ䀙ߩੇڵᡌ䈹᮪ެ 䀙ߩᯯṾ䀙ߩᯯṾ 䠇㷃ᵰᶺሱ≸୼ѐ㷃䍺Ⲻദ䳴Ⱦ Ⲻᵃࣗב56ᡶᨆ'6 6'566'56 ᱥރ᭬䍯Ⲻ

߼༽θঅࣟѣቅԷѐⲺѐࣗᤷ㔣䘆֒ླ֒

䈭ᤞ⭫㠩 ⲱޛѣቅԷѐ䍺䇥  㖇ㄏ Ⅸ⸛䈜᛻ Ֆⵕ ⭫䛤