MSA’14 BUDGET 2015
Makers & Drivers of Business & Commerce
KDN No. PP11067/12/2012 (031173)
THE PRIME MINISTER OF THE NETHERLANDS IN KUALA LUMPUR!
MY IN THE HAGUE ISSUE: 4TH edition 2014
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CONTENTS MEMBERS
COMMUNITY
MDBC EVENTS / 11
STUDENT INTERNSHIP PROGRAM / 21
PM’s Visit - Mark Rutte Rabobank’s Financial Markets Outlook Visit to CEVA Logistics and Tonasco
embassy news /23
MEMBERs news / 25
MY in NL / 29
NEW MEMBERS / 33
DIALOGUE
SOCIAL / 34
KPMG BUDGET 2015 / 15
BIG STORY MSA’14 / 18
/11
/17 /18
2014 highlights
MDBC BOARD OF DIRECTORS Mr. Zainul Rahim Mohd Zain, Chairman Hibiscus Petroleum Berhad
Ms. Barbara Voskamp VoskampLawyers
Mr. Remco Koster, Vice Chairman Woodwing Asia Pacific Sdn Bhd
Mr. Rahul Colaco Dutch Lady Milk Industries Bhd
Mr. Michael Brouwer, Treasurer Silverstreet Malaysia Sdn Bhd
Mr. Jacques Hartman CEVA Logistics (Malaysia) Sdn Bhd
Ms. Maayke Mannaert Netherlands Embassy
Honorary Member of the Board:
Datuk Merlyn Kasimir Former CEO of Matrade
H.E. Mr. Harry Molenaar Netherlands Ambassador
Mr. Jack Ang Markant (M) Sdn Bhd
MDBC Executive Director: Mr. Marco Winter
Datin Sandra van Hellemond QPA Sdn Bhd
MDBC Patrons: Y.B. Dato’ Sri Mustapa Mohamed Minister of International Trade & Industry Y.Bhg Tan Sri Rafidah Aziz Patron, Malaysia-Europe Forum
Malaysian Dutch Business Council Unit 808, 8th Floor Wisma Lim Foo Yong 86 Jalan Raja Chulan 50200 Kuala Lumpur Tel : 603 - 2722 8335 Fax : 603 - 2141 8335 Email : info@mdbc.com.my Website : www.mdbc.com.my
MDBCONNECTS · 4TH ISSUE 2014
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Drinkers of the world, unite. Everywhere you go, you find the familiar sight of people savouring their Heineken, clanking the green bottles in merriment. Found in over 170 nations, Heineken is the world’s No. 1 international premium beer. So come, the rest of the world awaits you.
CALENDAR
January
february
THUR 15 / 5:30pm
WED 11 / 5:00PM
MDBC Penang New Year’s Drinks Parkroyal Penang
MON 19 / 6:30PM
Annual MDBC New Year’s Reception Ambassador’s Residence
THUR 29 / 9:00AM
ASEAN Economic Community (AEC) Outlook Briefing by MITI
MDBC Virtual Golf Championships CityGolf Bangsar Shopping Centre
MARCH MON 2 / 5:00PM
Netherlands Embassy - MDBC Penang: Smart Cities presentation and reception, The Royale Bintang Penang
TUE 3 / 6:00PM
InterChamber Networking at the BMW Malaysian Open WTA Tennis 2015
FRI 6 / 10:00 AM
Motivational talk by Esther Vergeer, retired Dutch wheelchair tennis player and most successful disabled athlete.
NOTICE:
MDBC members will receive personal invitations for these functions by email once all details are confirmed. All events/dates to be reconfirmed.
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PRIME MINISTER MARK RUTTE VISITS KL Before and after the intensive meetings with PM Najib and other Ministers and high level officials, time was reserved to meet with a small group of selected Dutch entrepreneurs in the morning, while in the afternoon the Prime Minister met with the MDBC Board and some 25 Dutch MDBC members. During the high energy and interesting dialogue, the PM inquired about doing business in and with Malaysia, possible areas for improvements, and what the Dutch can learn from this region. With the objective of following up with his counterparts Prime Minister Najib and the Australian Prime Minister Abbott, Mark Rutte travelled to Malaysia and Australia in early November.
The context for the visit was of course set by the tragedy of the MH17 flight, which requires strong cooperation between the involved countries on recovering and identifying the victims, but also to investigate the causes of the tragedy.
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DIALOGUE
2015 BUDGET HIGHLIGHTS 10 October 2014
Executive EXECUTIVE SUMMARY
Summary * The due date for monthly instalments
* 100% income tax exemption for 3 years for income tax and petroleum income tax is given on profits earned by individual • Reduction of individual income tax rates of 1% to 3% across various income bands has been revised to the 15th day of the investors from certain investments made * Reduction of individual income tax from Year of Assessment (“YA”) 2015. The maximum individual tax rate is reduced calendar month through the Investment Account Platform rates of 1% to 3% across various income from 26% to 25%, with the 25% rate applying to chargeable income in excess of (“IAP”), a new funding model to finance bands from Year of Assessment (“YA”) RM400,000. *Additional items have been identified as projects and venture companies based on 2015. The maximum individual tax rate Reduction of the standard corporate rate from to 24%. For smallprinciples. and medium not being subjecttax to Goods and 25% Services Syariah is reduced from 26%•to 25%, with the enterprises, the tax rate for chargeable income of up to RM500,000 is proposed to be Tax (“GST”). 25% rate applying to chargeable income 24%. duty These * tax 50%atstamp exemption on in excess of RM 400,000.reduced to 19%, with the remaining chargeable income subject to changes will be effective from YAof2016. * Retail sale petrol (RON 95), diesel instruments of transfer and loan and Liquified Petroleum Gas (“LPG”) are agreements executed * Reduction of the standard Thecorporate due date for monthly instalments for income tax and petroleum income tax has by Malaysians for th relief from payment of GST. given the purchase of their first residential tax rate from 25% to 24%. For small to the 15 day of the calendar month. been revised property has been extended to 31 and medium enterprises, the tax rate for The time limit for the* Director General towill raise assessment or December additional 2016 assessment Price watch teams bean jointly set for properties not chargeable income ofup to RM 500,000 for income tax and petroleum income tax has been increased to 7 years for non500,000. arm’s up with consumer associations. The GST exceeding RM is proposed to be reduced to 19%, with entered into between associated persons. Enforcement Unit, Price Monitoring the remaining chargeablelength incometransactions subject
Left: KPMG’s Executive Director Corporate Tax Ong Guan
Unit andconviction Consumer shall Squads be to tax at 24%. Thesechanges will be penalty Heng giving the briefing on the 2015 Budget Proposals and The maximum upon be will increased from RM2,000 to RM20,000 warning how many days left before GST implementation! strengthened. effective from YA 2016. for the failure to furnish a return or give notice of chargeability, or attempting to leave Right (l to r): Ahmad Muzzammil Zulkipli (IBM), Ong Guan Heng, Yeoh Siew Wen (ERIKS), Malaysia without payment of tax, amongst others. and Kenneth Chong (Peninsular Property) * The maximum penalty upon conviction Below: Tax deductions are given on training expenses incurred by companies for their Attendees at the KPMG Budget Briefing shall be increased from RM 2,000 to RM employees to obtain industry recognized certifications and professional qualifications 20,000 for failure to furnish a return or from approved training programmes. give notice of chargeability, or attempting Double deductions to leave Malaysia without payment of tax, are given to companies awarding scholarships and implementing structured internship programmes for eligible Malaysian students pursuing vocational amongst others. and technical courses. * Tax deductions are given on training 100% income tax exemption for 3 years is given on profits earned by individual expenses incurred by companies forfrom certain investments made through the Investment Account Platform investors their employees to obtain(“IAP”), industrya new funding model to finance projects and venture companies based on recognized certifications and professional Syariah principles. qualifications from approved training Tax exemption equivalent to a100% investment tax allowance for 5 years is given to programmes. companies engaging in expansion, modernization or refurbishment where such companies provide healthcare facilities to qualified healthcare travellers who make up * Double deductions are given to at least 5% of their total patients. companies awarding scholarships and implementing structured internship Additional items have been identified as not being subject to Goods and Services Tax (“GST”). programmes for eligible Malaysian students pursuing vocational and technical Retail sale of petrol (RON 95), diesel and Liquefied Petroleum Gas (“LPG”) are given courses. relief from payment of GST. Price * Tax exemption equivalent to awatch 100%teams will be jointly set up with consumer associations. The GST investment tax allowanceEnforcement for 5 years is Unit, Price Monitoring Unit and Consumer Squads will be strengthened. given to companies engaging expansion, 50%instamp duty exemption on instruments of transfer and loan agreements executed modernization or refurbishment where for the purchase of their first residential property has been extended to by Malaysians such companies provide healthcare 31 December 2016 for properties not exceeding RM500,000. facilities to qualified healthcare travellers who make up at least 5% of their total patients.
* The time limit for the Director General to raise an assessment or additional assessment for income tax and petroleum income tax has been increased to 7 years for non arm’s length transactions entered into between associated persons.
MDBCONNECTS · 4TH ISSUE 2014
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rabobank’s financial markets outlook “Life in the new normal” MDBC members were invited to attend a special briefing by Rabobank International on the Financial Markets Outlook for 2015 at DoubleTree by Hilton Kuala Lumpur. After a welcome and introduction by Marcel van Doremaele (CEO Singapore Branch & Representative Markets), Michael Every (Head of Financial Market Research, Asia Pacific) gave his presentation. Every is based in Hong Kong; he analyses the major developments in the Asia-Pacific region and contributes to the bank’s various economic research publications. The “new normal” is shrouded in uncertainty but some trends are emerging – and not all are welcome. Market volatility has disappeared, yet the world is hardly a less risky place. Has easy money “saved the day” or just created new bubbles and an ‘asset-rich, income-poor’
Attendees at the Rabobank Financial Markets Outlook 2015
recovery? A multitude of geopolitical risks aside, the global economic upturn still remains weak five years after the recession. The US economy is still disappointing, but the Fed continues to taper quantitative easing and the debate on rate-hike timing is underway – but how high are “normal” US rates now? The ECB has been getting ever-more creative - but is Europe still stuck as the ‘next Japan’? While China looks set to meet its GDP growth target, is it building up imbalances for the future with its own easy money? And how will Asia struggle when the anticipation of US rate hikes gets underway? In the “new normal”, understanding ‘new fundamentals’ is key to predicting who will come out on top. * Global outlook: An overwhelming
“asset-rich, income-poor” recovery * Central banks: Divergent policies – Fed tapering/hiking, ECB heading for QE * Asia: Macro outlook and trends – and is China “a baked Alaska” economy? Michael Every (l) with Allard Voute (Rabobank’s Manager International Desk Singapore
visit to ceva logistics and tonasco MDBC members were invited for a very informative morning last November that took them into the world of mechatronics manufacturing and of global leadership in integrated supply chain solutions. This special “double event” provided members with company presentations and tours of the facilities at an MNC and an SME. CEVA Logistics: Running supply chains is CEVA Logistics’ business. As a complete one-stop supply chain logistics provider, CEVA in Malaysia offers integrated end-to-end Contract Logistics and Freight Forwarding solutions, which cover integrated sectors such as Automotive & Tires, Technology, Retail & Consumer, Industrial, Healthcare, Oil & Gas and Aerospace. TONASCO: With its theme “Precision in Every Single Piece”, Tonasco is a Dutch owned mechatronics contract manufacturer focusing on single piece and low volume series production of high-tech mechatronic components, modules and complete machines.
The visit to CEVA Logistics (pictures left) was hosted by Jacques Hartman (Director, Contract Logistics) and Adrian Downs (Cluster Manager). Hartman also gave a presentation on the increased complexity of the global supply chain. The visit to Tonasco was hosted by Lin Sheau Wei (Business Director).
MDBCONNECTS · 4TH ISSUE 2014
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SUSTAINABILITY AWA R D S 2 0 1 4
SPECIAL EVENT
Congratulations to the winners of the MDBC Sustainability Awards 2014! l to r: Lex Smeding (MDBC), SP Ching (Dutch Lady), H.E. Harry Molenaar (Chief Judge & Netherlands Ambassador), Ee Laine Wong (Dutch Lady), Dato’ Mizanur Rahman Ghani, YB Datuk Seri Panglima Dr. Maximus Ongkili, Luuk Runia (Asian Perlite Industries), Zainul Rahim (MDBC Chairman), Wouter van der Weijden (&samhoud), and Marco Winter (MDBC)
More than just a regular awards ceremony, the MDBC Sustainability Awards (MSA) has always sought to improve its format, evolve and maintain a timely focus on the important issues in the field. It aims to help others develop a deeper understanding of sustainability; to emphasize that sustainability is more than just being environmentally friendly, it implies responsible and proactive decision-making and innovation which minimizes negative impact and maintains a balance between People, Planet and Profit. The MSA does this through the sharing of best practices from the best in the field: presentations and case studies from the elite shortlisted companies who participate in the MSA day program.
The second element introduced was the interactive live voting which took place after each segment of the MSA day program. The audience casted votes for who they thought gave the best presentation in each segment. Results were displayed in real time for all to see and final scores were tabulated and presented to the judges to aid them in the case of a tie, giving an exciting and interactive element to the contest.
MDBC also believes that in order for an organization to be sustainable, it must innovate. Those who do not have the foresight and willingness to invest in the future risk losing relevance in the market place The inclusion of innovation in the MSA this year is a reflection of the growth and evolution of the awards; it is in fact, part and parcel of our own journey down the path of sustainability.
The MSA’14 awards focused on Business Sustainability with two categories, one for MNCs and another for SMEs. Companies had to show exemplary practices on business sustainability, encompassing all aspects of business growth. In the MSA Innovation Pioneer segment, competitors had to answer how they encouraged a culture of innovation within their organization.
As part of MDBC’s own innovative twist to the MSA, and in strong partnership with the Netherlands Embassy, new segments and more interactive elements were introduced to the awards program.
The final segment in this year’s award program was the Jaffar Indot Award.
First, MDBC introduced an additional way for candidates to register and participate in the MSA’14 program. In addition to the word document forms which could be completed and emailed to MDBC, candidates could also submit their nominations via an online platform developed by MDBC member Alpha Catalyst Consulting.
Finally, MSA’14 featured three separate segments: 1. The MSA’14 Awards 2. The MSA Innovation Pioneer segment 3. The Jaffar Indot Award on Corporate Governance.
Created to honor all the work and efforts the previous MDBC Chairman - the late Dato’ Jaffar Indot - put into corporate governance and the MDBC. This award was our way of supporting the continuing efforts that must be made in this field. Held on 3 December 2014 at the DoubleTree by Hilton Kuala Lumpur, we could not have had a better host for the MSA’14. With their own deep commitment to CSR / Sustainability activities (as shown by their work with HOPE Worldwide and numerous other outreach and educational programs), the DoubleTree by Hilton Kuala Lumpur, together with other “green” organizations such as Empire Green (who supplied the green walls for our stage backdrop and photowall), were able to create a truly lush, memorable, AND sustainable environment for this gala evening. YB Datuk Seri Panglima Dr. Maximus Ongkili, Minister of Energy, Green Technology & Water, was the guest of honour. Live entertainment came from the 7-piece Dutch Swing College Band, the leading and best-known jazz orchestra in the Netherlands. Many thanks to our MSA14 sponsors Transmare Group, TNT, Sime Darby, Philips, MIDA and AkzoNobel. Other support was provided by GAB/ Heineken, Unilever/Wall’s, Sime Darby Plantation’s GoFresh pink guava juice, Dutch Lady Milk, Uhrenholt, Downtown, Sketchpost and TwoSons. For more information on MSA’14, judges, shortlisted candidates, and the winners, please check out the MSA 2014 Supplement.
MDBCONNECTS · 4TH ISSUE 2014
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STUDENT INTERNSHIP PROGRAM THE SIP EXPERIENCE: Angela Jongman & Lina Douma @ Summer Academy Both Angela Jongman and Lina Douma are fourth year Applied Psychology students at Hanzehogeschool Groningen. Doing their internship in Kuala Lumpur with MDBC member Summer Academy (an education organization with four kindergartens and a primary school), their internships focused on the interpersonal and intrapersonal side of child development. Based on their respective interests, Angela became an assistant teacher at one of the kindergartens and Lina became an assistant teacher at the TTDI Primary School.
Angela Jongman & Lina Douma with their Summer Academy colleagues.
team and both were assigned a thesis supervisor who helps to discuss the topics of their internships with them.”
According to Julie Lee (Summer Academy), “As assistant teachers, they became directly involved in the day to day role of a teacher, and interacted with the children every day. This is the 4th time we have participated in the program in the past 5 years. The interns introduce Dutch culture to the kids by organising a Dutch day, and introduce Dutch treats, arts & craft, and songs / stories. Their presence gives an additional multicultural and international element to our teaching
When asked about their internship, the girls responded, “Our internship has been a great learning process for us as Applied Psychology students. The organization provides training for teachers in different subjects and they work with personality methods to make it easier for teachers to profile the students in school. This results in a better understanding of the child’s behaviour and subsequently, in teaching the children.”
THE SIP EXPERIENCE:
talent. Roeland Diks especially piqued our interest by his proactiveness in reaching out to us expressing interest in being part of our team.”
Roeland Diks & Alpha Catalyst Consulting When Alpha Catalyst Consulting (ACC), a boutique innovation consultancy, joined MDBC as a member and first heard of the MDBC SIP Program, the company was immediately interested in bringing in interns from the Netherlands. “We believe that innovation is enhanced by collaboration and fresh perspectives. Thus, we seek fresh thinking, and diversity in
Roeland is a recent International Business Administration graduate and will next pursue MSc Marketing. According to Roeland, “I wanted to obtain more professional and personal experiences, so I started aiming for an internship in Asia. This would enable me to learn about the business environment and explore the fields of business for my upcoming MSc programme decision. The choice of ACC for me was a combination of the market that it is active in and the possible tasks and responsibilities I could obtain as ACC showed a very flexible attitude.” “ACC’s fluidity in work assignments benefitted me a lot as I gained in-depth knowledge in one particular project; together with another intern from London, and a company director, I took on responsibility for executing an open innovation (crowdsourcing) project for a large and influential government agency.
Besides daily activites in their internship, both girls were able to do observation, research and give lessons that they created. Angela focused on Positive Psychology and communication delays while Lina did her research in Emotional Intelligence and gave lessons on this subject. “The main thing we liked about working in Summer Academy is the satisfaction we get from being around the children. We are grateful for the opportunity to work here and overall, working in Malaysia has been an amazing experience for both of us”, added the girls. Being part of the project from beginning to end, from seeking potential project partners to designing study parameters and finally writing-up the report and findings, was extremely fulfilling. I was also involved in research on emerging innovation management practices and competitive landscape analysis – deepening the team’s knowledge and my thinking on business strategy and consulting.” Per the ACC team, “we wanted someone who is open-minded and who dares to ask questions, and we were not disappointed in this regard with Roeland. Furthermore, his eagerness and positive attitude made him fit well (and also enrich) our small, but fun and open team.” Alpha Catalyst is certainly satisfied with our first SIP experience. As a testament of that, we have two other interns joining us in February 2015, from different fields and different universities. We look forward to solid contributions from them in further enhancing our innovating management offerings. MDBCONNECTS · 4TH ISSUE 2014
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NETHERLANDS EMBASSY NEWS
Global Conference on Cyberspace
Rosenthal with Vice Minister of Communications and Multimedia
Mid December, former Dutch Minister of Foreign Affairs Uri Rosenthal had meetings in Kuala Lumpur with several stakeholders on Cyberspace, to bring the Global Conference on Cyberspace to their attention. On April 16-17, this global conference will be organized in The Hague. The items to be discussed are clarified in the ‘vision‘ of the conference: Vision Cyberspace unlocks enormous potential
Port of Rotterdam returns TO MALAYSIA with A new CEO Allard Castelein, the new CEO of the Port of Rotterdam, together with more familiar
gains in wealth and welfare in an ever more connected society. In order to be able to continue to benefit from the internet as an enabler for development and innovation, we must ensure that we develop safer ways to do business online; we need to protect people from threats to their online freedoms, from crime related activities, and we must promote international stability in the cyber domain. We are facing challenges and dilemmas in the way we secure these goals. Only by working together globally and in a multistakeholder setting can we guarantee that the most crucial piece of societal infrastructure of the 21st century will remain free, open and secure. In that way the full potential of the cyberdomain can be used.
National Export Event in Rotterdam Last November, Deputy Head of Mission Ton Mandemaker returned for a short visit to the Netherlands to join the National Export Event in Rotterdam. Companies interested in growing their export in the so called economic focus countries, could sign up for a meeting with the representatives from the Netherlands Embassies of those countries. Companies in solid waste management, food innovation and machineries discussed their interest in Malaysian or wider ASEAN markets.
At the same time, such a conference will definitely put the Netherlands on the map as one of the leading countries working in cyberspace. faces from the Port of Rotterdam-team, met with Malaysian companies at the Ambassador’s Residence. After a presentation showing the continually strong position of the Port of Rotterdam in Europe, there were further opportunities for networking with the team, which frequently visits Malaysia and other ASEAN member states.
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MDBCONNECTS ·11/03/2014 4TH ISSUE 201415:5323
4th Edition 2014
There is so much expertise in the MDBC community!
KUALA LUMPUR, MALAYSIA
ONE RINGGIT
Members News
FLOWSERVE SIHI PUMPS THAILAND OPENS NEW FACTORY MDBC member company SIHI Pumps, an established, international manufacturer of quality pumps, compressors and custom engineered package systems for a wide range of industries, was recently acquired by Flowserve. Tracing its heritage back to 1790, Flowserve Corporation is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services.
new 3,500 sqm factory will accommodate state of the art equipment and processes up to the same quality standard customers are used to. The factory initially covers multistage ring section, side channel and process pumps for the South East Asian market to fully benefit from ASEAN 2015
The World’s First Solar Road is a Bike Path in the Netherlands, where also the World’s first glow-inthe-dark motorway opens
prospects. It will also have full systems engineering department for medium sized liquid ring vacuums, compressor systems, advanced liquid pump sets and packages including testing. The facility will also host a Quick Ship Centre for the Asian market, using existing stock to quickly service their elite customers in the chemical, edible oil and other key markets. This investment shows the group’s commitment to further develop elite quality services locally available.
Now called Flowserve SIHI Pumps & Services, they recently opened a new pump and system assembly facility in Amata Makorn Chonbury, Thailand. The
MALAYSIAN EXHIBITION SERVICES SELECTED AS STRATEGIC PARTNER FOR IGEM 2015 Malaysian Exhibition Services (MES), a long time MDBC member, has recently been selected to be the strategic partner for the 2015 International Greentech & Eco Products Exhibition & Conference (IGEM), which will take place from 9 - 12 September. MES will be working closely
with the Malaysian GreenTech Corporation (MGTC) as well as the Ministry of Green Technology, and will be the main contact point for the exhibition. One of the issues identified by MES is that IGEM has seen its profile diluted in
recent times and hence for 2015, they will be focusing on the key industry pillars that the ministry wishes to target to drive forward the green agenda. These pillars are Green Energy, Green Buildings, Green Transport, Water Technology and Waste Management.
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KUALA LUMPUR, MALAYSIA
Members News
4th Edition 2014
KUALA LUMPUR TOURISM MASTER PLAN 2015 - 2025 WITH ROLAND BERGER In 2013 the Kuala Lumpur City Hall initiated the development of a Tourism Master Plan. They approached Roland Berger Kuala Lumpur to formulate this Master Plan; a project team led by Managing Partner Anthonie Versluis and Principal Vincent Casanova, and consisting of Project Manager Ahmad Ridhwan Azizan, Senior Consultant Sulina Kaur and Consultant Zafira Azahar was quickly put together. In order to develop the Master Plan, the team first conducted a detailed diagnostic of the KL tourism industry to take stock of the city’s offerings and analyze its positioning in each segment. A benchmarking exercise was carried out with best-in-class cities to determine best practices for both tourism products and enablers. This process generated more than 200 ideas, which were drilled down to 47 detailed initiatives across nine tourism segments and key enablers. The selected initiatives focus on introducing new products, services and infrastructure, and on improving those that exist. They encompass all the main tourism
segments (culture, heritage & places of interest, shopping, entertainment, nature & adventure, luxury travel, sports, business, medical & wellness, education), as well as key enablers such as governance, standards, transportation and infrastructure. With the implementation of the Master Plan, KL’s tourism industry could almost double the number of foreign tourist arrivals to 16 million by 2025. The average length of stay is expected to increase from 3.1 nights to 5.5 nights, while the average spend per day is expected to rise from USD 190 to USD 250 by 2025. All in all, the city hopes to quadruple its tourism receipts from USD 5 billion in 2013 to approximately USD 21 billion by 2025.
Plan is already underway. Throughout 2014, the Tourism Unit of Kuala Lumpur City Hall and the Roland Berger team launched selected quick-win initiatives of the Master Plan. These included five food trails to enhance the culinary experience, taxi booking terminals at attractions to improve connectivity and safety, a daily musical at a historic theatre and a guided walk at a cultural enclave. Also, student tourism ambassadors were trained and located at key tourist hotspots, and a detailed handbook for tour guides was put together to improve the consistency of the tourists’ cultural experience. Federal Territories Minister Tengku Adnan Tengku Mansor signs the ceremony plaque, while KL Mayor Ahmad Phesal Talib (front) cheers the Minister on.
The Master Plan will also facilitate the creation of 71,000 direct and indirect job opportunities over the next ten years as well as attract an additional one billion USD in investments. Initial implementation of the Master
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MY in NL ASIA CARROUSEL - “Malaysia - Your Hub Into Asia” As part of the Asia Carrousel of the Dutch Ministry of Foreign Affairs, the Netherlands Embassy in Malaysia and the Malaysian Dutch Business Council joined forces to organise the “Malaysia - Your Hub into Asia” seminar in The Hague last October, hosted at VNO - NCW, the largest employers’ organisation in the Netherlands. To make this a most informative, in-depth and practical seminar, we included and partnered with various top Malaysian and Dutch companies and organisations, such as Petronas, MIDA, InvestKL, Malaysian Petroleum Resources Corporation, EY, Frames, CEVA Logistics, Shell, Asian Perlite, Markant International, IRO and Holland International Distribution Council. This resulted in an excellent turn-out of Dutch corporates who listened intensely to the plenary session and then divided into breakout sessions for particular sector information. The plenary session started with a welcome by VNO-NCW President Hans de Boer which was followed by the introduction of Netherlands Ambassador to Malaysia H.E. Harry Molenaar. Presentations were given by: S. Siva, Director of the Malaysian Investment Development Authority’s office in Frankfurt, on Malaysia’s investment incentives; Zainal Amanshah, CEO of InvestKL, on the attractiveness and strategic location of the Greater Kuala Lumpur area; Edvard Rincke, Partner EY Asia Pacific Tax Centre, on Malaysia as an investment destination. Practical experiences on doing business in Malaysia were added by Joop Daamen, Marketing & Sales Director of the Frames Group of Companies, and Jan Beltman, Managing Director of Markant International BV.
The speakers then joined the panel for a open Q&A session. Breakout sessions focused on Oil & Gas, Supply Chain & Logistics and Horticulture. For Oil & Gas, participants were VP Petroleum Management Adif Zulkifli of Petronas, Executive Director Dr Mohd Shahreen Madros of the Malaysian Petroleum Resources Corporation, Bart Lismont of SHELL and Joop Damen of Frames. For Supply Chain & Logistics, CEVA Logistics (Dennis van der Meijs, VP Sales, Europe) , EY’s Edvard Rinck and InvestKL’s Tim Saw participated, while Holland International Distribution Council (Mathijs Benink) and Dinalog (Liesbeth Staps) were present to support. For Horticulture, Asian Perlite Industries’ Director Luuk Runia provided the in-depth presentation, with the Topsector Tuinbouw & Uitgangsmaterialen in attendance.
Welcoming the Malaysian Ambassador to The Netherlands Dato’ Dr Fauziah Mohd Taib to the event, with Zainal Amanshah, Ambassador Molenaar and Marco Winter The organising team: Maaike Hang (Ministry of Foreign Affairs, Liefke Pronk (Ministry of Foreign Affairs, Asia Department) and Samantha Go (Netherlands Embassy KL) flanked by Ambassador Molenaar and Marco Winter.
The panel, from left: Beltman, Ricke, Siva, Ambassador Molenaar, Zainal, and Daamen Marco Winter with Malaysian representatives of Haagse Hogeschool and MATRADE
Excellent turnout with more than 120 participants!.
The three break-out sessions, from left: Oil & Gas, with Bart Lismont of SHELL; Supply Chain, with Dennis van der Meijs of CEVA Logistics; and Horticulture with Luuk Runia of Asian Perlite .
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MY in NL VoskampLawyers SEA event at FMO
InvestKL in NL
Last September, VoskampLawyers organised a “Doing Business in South East Asia” event in The Hague. The event was hosted by FMO, the Dutch Entrepreneurial Development Bank.
InvestKL CEO Zainal Amanshah and Director - Alliances Tim Saw spent a few days in the Netherlands to support the Asia Carrousel Malaysia seminar. Together with Ambassador Molenaar and Marco Winter they also attended NCH’s Asia Trade Dinner at The Hotels van Oranje in Noordwijk and visited ResQtec for a briefing by CEO Jan-Pieter Maarschalk.
Barbara Voskamp and Saloua HoeveOuchan of VoskampLawyers explained on structuring foreign investments in South East Asia, while Associate Professor Marleen Dieleman of the National University of Singapore discussed typical structures and practices of SEA’s family firms. Malaysia was well represented at the event, both Ambassador Harry Molenaar and MDBC Executive Director Marco Winter were panelists.
Moderator Jochum Haakma (NCH) with panelists (from left) Barbara Voskamp, Marleen Dieleman, Richard Denissen (MaxGrip), Ambassador Molenaar, Albert Jan Hofman (Triquesta), Arjen Nauta (PWN) and Marco Winter Stalwarts in Dutch - Malaysian business, from left: Marco Winter, NCH Director Jan Siemons, Maritime expert Henk Lacet, IRO MD Sander Vergroesen, Jochum Haakma, Barbara Voskamp, Theo Bark (NMBC) and Ambassador Molenaar
Jan-Willem Hoek, FMO’s Investment Officer, A & DS - Fund Emerging Markets, welcoming guests
your high performance team Randstad is a Fortune Global 500 Company and one of the world’s largest recruitment & HR services organisations. We are passionate about matching people with companies that will develop their potential and matching companies with people that will drive high business performance. As a Williams F1 Team Official Partner, Randstad is committed to supporting businesses outperform in their field. With over 17 years experience in Malaysia, our team understands what is needed to maintain a competitive edge, with experienced consultants across: •
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Contact Centre
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Maintain your competitive edge and work with a high performance recruitment partner. Contact Randstad today. Kuala Lumpur: +603 2036 6666 Penang: +604 638 1050 www.randstad.com.my
MDBC - March 2013.indd 1
20/3/2013 10:46:31 AM
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TMF Group navigates businesses cross borders seamlessly With over 100 wholly-owned offices worldwide, TMF Group offers a comprehensive range of compliance and administrative services which are critical for clients from a financial, reputation and risk management perspective. Our services are delivered in each country by our expert staff, professionals who have the key local knowledge and speak the language. Contact us Kuala Lumpur’s office 10th Floor, Menara Hap Seng, No. 1 & 3, Jalan P. Ramlee, 50250 Kuala Lumpur, Malaysia T. +60 3 2382 4288, F. +60 3 2382 4170 malaysia@tmf-group.com
Labuan’s office Brumby Centre, Lot 42, Jalan Muhibbah, 87000 Labuan F.T., Malaysia T. +60 87 593 828, F. +60 87 417 242 labuan@tmf-group.com Penang’s office Suite S-21-H, 21st Floor, Menara Northam, 55 Jalan Sultan Ahmad Shah, 10050 Penang, Malaysia T. +60 4 210 7118, F. +60 4 210 7111 malaysia@tmf-group.com
www.tmf-group.com The TMF Group consists of a number of companies worldwide. For details of TMF Group’s regulated companies, please see: www.tmf-group.com.
NEW MEMBERS
WARM WELCOME
As always, we constantly expand to include new and interesting partners as part of our international community of business professionals, allowing our members to find more opportunities for success. To that end, we would like to extend a very warm welcome to the MDBC Community for the following new members:
Business Activity: IDS International is a Global Healthcare Intelligence Company founded in the Netherlands in 1988 and is currently operating in 15 countries.
IDS INTERNATIONAL
RAFFLES UNIVERSITY ISKANDAR
VAN OORD OFFSHORE B.V.
Our mission is to support the dialogue between healthcare consumers and their healthcare professionals by providing educational programs and information services.
Business Activity: Currently operating from its temporary premises at Menara Kotaraya, Johor Bahru, Raffles University Iskandar will develop a state of the art campus in 2015 on a 65 acre plot of land in Iskandar Malaysia’s EduCity. Raffles University Iskandar’s strategic location sets the university in a secure and growing state economy with high potential in both economic and cultural developments. Students can expect a vibrant and dynamic nurturing learning experience that will see their transformation into world class professionals.
Corporate RepresentatiON Hans de Cler, Chief Executive Officer CONTACT: Dr. Kuyperstraat 15 The Hague 2514BA The Netherlands Tel: +31 (0) 703 464 472 Fax: +31 (0) 703 635 070 Email: info@ids-hci.com Website: www.ids-hci.com
Corporate RepresentatiON Shaikh Ghazali Bux, Head of Admission CONTACT: Level 8 - 10, Menara Kotaraya Jalan Abdullah Ibrahim 80000 Johor Bahru Johor Darul Takzim Tel: +607 - 277 8868 Fax: +607 - 277 8788 E mail: shaikhbux@raffles-university.edu.my Website: www.raffles-university.edu.my
Business Activity: Offshore (Oil & Gas) is a business unit within Van Oord specialised in the preparation, installation and protection of offshore oil and gas infrastructure.
Corporate RepresentatiON Hans Van Meeuwen, Area Manager Mark Versteeg, Regional Manager
Our main activities: Subsea rock installation; Pipeline shore approaches; Shallow water pipeline installation; Offshore dredging, trenching and backfilling; SPM & GIBS installation. Our fully intergrated EPC services encompasses detailed design and verification, procurement and installation and commissioning services, all delivered in one complete package.
CONTACT: 20 Harbour Drive #07-02 PSA Vista 117612 Singapore Tel: +65 6773 6643 Fax: +65 6773 2538 E mail: area.off@vanoord.com Website: www.vanoord.com
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PICTURE PERFECT
(Below) Plenty of MDBC networking in the Hague, the Netherlands. Row below contains pictures taken at the VoskampLawyers event. Bottom Row: at the Asia Carrousel - Malaysia seminar.
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MDBCONNECTS 路 4TH ISSUE 2014
MDBC Special Events - MSA’14 and PM (Opposite Page Top): A special get together for MDBC members with the Dutch Prime Minister! Serious events and dialogues at the end of 2014 also saw a fair share of pleasant networking for the MDBC community! (Below) While the MDBC Sustainability Awards had both exciting competitions and world class entertainment.
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