Sydney on the move making REAL change
More Malaysia in Melbourne than ever before
Western Australia completely working toward a partnership
Victoria and Tasmania council working hard
Australia's National Capital making a difference

Welcome to the AMBC website

The Australia Malaysia Business Council was formed in direct response to the growing need to facilitate the developing commercial activities between Australia and Malaysia.

Larry Gould

Welcome to the Australia Malaysia Business Council (AMBC) website.

I hope you find the site easy to navigate through, as it has been designed to provide you, our members,supporters and interested stakeholders with an insight into our activities and the benefits of being a member of AMBC.

Let me say, I am particularly proud of the talented people that make up our membership as we strive together to strengthen the business and cultural ties between Australia & Malaysia.

Our focus is to act as a conduit in business to business relationships, as we assist Australian & Malaysian businesses in constructive partnerships and business expansion. It is also a key aim for us, along with our partner Council in Malaysia, the Malaysia Australia Business Council (MABC) to be the strong voice of business advocacy with both Governments, as we highlight to them the important issues facing trade,business growth & sustainability.

If we do this successfully, we will achieve our vision of being the "Benchmark Business Council" in Australia.

Once again, welcome to AMBC.

Larry Gould
National President

Malaysian News


MBSB to manage loan programmes
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) plans to manage two securitisation loan programmes of between RM4bil and RM5bil with Cagamas Bhd this year.

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Toshiba denies report it will propose Olympus equity tieup
TOKYO, Jan 16 (Reuters) Toshiba Corp on Monday denied a newspaper report it was set to propose an equity tieup with scandalhit Olympus Corp.

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Survey: Australia job advertisements dip 0.9% in Dec
SYDNEY, Jan 16 (Reuters) Australian job advertisements in newspapers and on the internet dipped 0.9 percent in December, a survey showed on Monday, likely pointing to only modest growth in employment ahead.

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ECM nets RM426mil turnover
PETALING JAYA: Eurocopter Malaysia Sdn Bhd (ECM) registered a turnover of RM426mil last year, of which 77% was from sales of new and used helicopters and the balance 23% from services.

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UK on mission to attract Asian investment
LONDON: British finance minister George Osborne travels to China and Japan this week in a drive to attract Asian investment and lift Britain’s faltering economy.       

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Greece creditors leave Athens, talks to resume
LONDON: The representatives of Greece’s private creditors left Athens unexpectedly on Saturday without a deal on a debt swap plan that is vital to avert a disorderly default, sources close to the negotiations told Reuters.

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German consumer confidence rises
FRANKFURT: German consumer confidence is continuing to rise with households increasingly willing to spend in spite of the eurozone debt crisis, according to a poll.

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A dull, thin week ahead
Shares on Bursa Malaysia kicked off the week on a soft platform, with the FBM Kuala Lumpur Composite Index (FBM KLCI) falling 2.68 points to 1,520.39 amid dearth of compelling news on the horizon.

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Third terminal necessary, says Glenn Marine CEO
PETALING JAYA: There should not be any issues to develop a third terminal in Port Klang in view of the probable capacity constraints to handle the expected increase in movement of goods in five years, Glenn Marine Group Malaysia chief executive officer Brian Paul told StarBiz.

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China’s housing slowdown to cut big hole in GDP growth
CHINA’S cooling property market could shave more than 2 percentage points off 2012 growth, forcing Beijing to decide just how badly it wants to keep the economy expanding at more than 8% a year.

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Basel move unlikely to affect loan growth
PETALING JAYA: The recent move to lower liquidity requirement of banks by the Basel Committee will enhance the flexibility of banks’ to manage a financial crisis and will not impact loan growth, say industry observers.

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Oil palm targets met
KUALA LUMPUR: The key performance indicators of eight entry-point projects (EPPs) under the Government’s Palm Oil NKEA showed commendable achievements in meeting the targets set in 2011, the first year of implementation.

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Your 10 questions with Bi Yong Chungunco
Bi Yong Chungunco answers your 10 questions.

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Maybank to sell stake in Indonesia's BII, appoints UBS
JAKARTA: Malayan Banking Bhd (Maybank), Malaysia's biggest lender by assets, has appointed UBS to handle the sale of a stake in its banking unit, PT Bank Internasional Indonesia (BII), its chairman said on Monday.

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Bernanke near inflation target prize, but jobs a concern
WASHINGTON (Reuters) - The Federal Reserve could take the historic step this week of announcing an explicit target for inflation, a move that would fulfill a multi-year quest of the central bank's chairman, Ben Bernanke.

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Regulator: Beijing to ease controls on HK listings
HONG KONG: China’s securities regulator plans to relax controls on Hong Kong and overseas listings for Chinese companies and will push for issues of yuan-denominated shares in the offshore yuan market, according to its vice chairman Yao Gang.

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MAS appoints senior officials
PETALING JAYA: Malaysian Airline System Bhd has appointed Shane Nolan interim commercial director and Al-Ishsal Ishak senior vice president for marketing and promotions effective Jan 16.

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Chevrolet record sales lift GM to the top again
DETROIT: General Motors Co (GM) regained its title as the world’s top-selling carmaker from Japanese rival Toyota Motor Corp in 2011 but the US company faces a challenge to stay on top this year as Toyota rebuilds its disaster-struck business.

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TM: More property developers to expand HSBB network nationwide
KUALA LUMPUR: Telekom Malaysia Bhd (TM) targets to close high-speed broadband (HSBB) agreements with 20 developers this year, in line with the nationwide expansion of its HSBB network.   more news>

Mier: Worse to come
KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) expects gross domestic product (GDP) for 2011 to be 4.9% but to decelerate to 3.7% in 2012.

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