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Press Statement on National Unity

 |  February 28, 2014  | Posted in Press Releases |  Post a comment  |  

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The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) support the suggestion of Y.B. Tan Sri Datuk Seri Panglima Joseph Kurup, Minister in the Prime Minister's Department to abolish the 'race' column in all official forms in the country in order to form “one nation” to enhance national cohesion and unity. 
 
Dato’ Lim Kok Cheong, a member of National Unity Consultative Council (NUCC) cum President of ACCCIM is of the view that Malaysian is a race itself and Y.A.B Prime Minister of Malaysia has been advocating “1Malaysia” concept, in this connection, Malaysian should not be divided by race identity. To achieve national unity and cohesion, the Government should treat all Rakyat equitably and impartially, to strengthen the spirit of patriotism and helping the disadvantaged groups regardless of its ethnicity and religion.
 
ACCCIM is of the view that top political leaders must have strong political will and determination in taking decisive actions to stop extremists from making irresponsible racist remarks and actions that tend to destroy the trust between races and undermine racial harmony. Merely ignorance do not have permanent cure but instead it will catalyst the growing of making those negative remarks, which will cause racial tensions and affect the stability of the nation.

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Press Statement on Construction Industry Payment and Adjudication Act (CIPAA) 2012

 |  February 25, 2014  | Posted in Press Releases |  Post a comment  |  

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The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) acknowledge the passage of the Construction Industry Payment and Adjudication Act 2012 (CIPAA) and the granting of royal assent to the law.  CIPAA was mooted to solve the long-standing issue of delayed payments and debts disputes facing the construction and building industry, to improve the payment delivery system to contractors and sub-contractors, and to provide a mechanism for speedy dispute resolution through adjudication in order to bring fairness, integrity and justice to the industry. This Act will create a positive impact on the liquidity of the industry.
 
According to the Ministry of Works, the Government is seeking a so-called “interim exemption” for its construction contracts worth RM20 million and below. There have also been hints that contracts relating to national security may be carved out from the operations of CIPAA.
 
Malaysia follows global and best practices in passing of this law.  The Act was a product of wide ranging consultation with major players in the construction sector and ACCCIM would have expected that the Government has fully appraised of the costs and benefits of such legislation.      

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Press Statement on the Insertion of Corporate Liability Provision in the Malaysian Anti-Corruption

 |  February 24, 2014  | Posted in Press Releases |  Post a comment  |  

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The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) welcomes every initiative of the Government to combat the scourge of corruption.
 
The work of Datuk Paul Low Seng Kuan, Minister in the Prime Minister’s Department and the efforts to introduce integrity units and Certified Integrity Officers (CeIO) in every Ministry is to be lauded.  The ACCCIM urges every Ministry to adopt and install integrity units and to appoint CeIO that will be mandated and empowered to discharge his/her duties. ACCCIM is of the view that all Ministries should vitalise their process and mechanism to curb corruption which leads to manifold inefficiencies, leakages and may impoverish our nation.
 
It has been reported that MACC is looking at inserting a Corporate Liability Provision in the MACC Act 2009. According to MACC, at the moment only individuals can be charged for corrupt practices, even if these wrongdoings were committed on behalf of companies. The provision is meant to nudge companies into strengthening their internal processes to combat corruption. By inserting Corporate Liability Provision in the MACC Act, it will help to regulate companies and thus generating more awareness on good corporate governance in Malaysia as companies can be punished for their employees’ corrupt practices. 

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