NEWS

Attention ALL Members!

Please be informed that we are in the midst of updating our database in preparation for the next issue of the EU-Malaysia Business Directory 2010/2011. Should you have any changes in the company profile, change of address, etc, do drop us an e-mail to info@eumcci.com. A return acknowledgement will be given upon receipt of your e-mail.

KOTA KINABALU: Universiti Malaysia Sabah (UMS) held its inaugural EU Active Week of the MYEULINK with European-embedded teaching week in an effort to deepen understanding and strengthen relations between the European Union (EU) and Malaysia Higher Education Minister Datuk Seri Mohamed Khaled Nordon formally launched MYEULINK on March 30 this year and was awarded with a European Union grant of RM2.6 million. UMS was awarded around RM160,000 to manage the project activity for three years.

Malaysia: Changing conditions for palm oil
Malaysia’s palm oil industry may be able to reap the benefits of unfavourable weather around the globe that is cutting into harvest forecasts and pushing up prices, but the sector also has to heed some storm warnings of its own if it is to maintain production in the long term.

Malaysia: Banking to open further
Malaysia’s government has sought to play down concerns that opening up the country’s finance industry to greater foreign participation will squeeze local lenders, with senior ministers instead talking up the benefits of a more competitive banking environment and greater opportunities on offer in an expanding economy.

EU, India see Asean deals
The European Union expects to conclude a free trade deal with Singapore by the end of next year and is likely to begin talks with other Southeast Asian nations soon. India hopes for an early conclusion to talks on a deal for the free flow of investment and services with the region. The EU's trade commissioner, Karel de Gucht, said Europe still hopes to ultimately reach a region-wide deal with the Association of Southeast Asian Nations (Asean).

Asia's Expanding Middle Class Presents Huge Opportunity for Region, World - Report

Developing Asia's rapidly expanding middle class is likely to assume the traditional role of the US and Europe as primary global consumers and help rebalance the global economy, says a new report on Asia's middle class from ADB.

Save Our Planet-Malaysia event attracts 200 leaders
A total of 200 leaders from business, government, think tanks, embassies, chambers of commerce and media in Malaysia attended The Save Our Planet Forum that concluded in Kuala Lumpur on Tuesday, 3rd August 2010 at the Mandarin Oriental.

Upcoming Industrial Sector Committees

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