Latest news & events


All the latest news, updates & events:

September 2020

Webinars for exporters of animals and products of animal origin to the EU

Find out more about the new processes and actions that your business can take to ensure that you are ready to continue exporting live animals, fish and products of animal origin to the EU from 1 January 2021, by registering to attend Defra’s new webinar series.

British Malaysian Chamber of Commerce - September newsletter

Despite the recent uncertainty in the economic and property markets due to the COVID-19 pandemic, Malaysia continues to soldier through in finding creative solutions to overcome its problems. We believe this slowdown is temporary and will get back to normal within the short to medium term. 

In spite of this situation, Merdeka 118, a landmark development in Malaysia, is now back on track and is set to be completed by 2022. Strategically located with world-class amenities, the Merdeka 118 precinct is Malaysia's much-anticipated centre of commerce, culture and heritage.

download the full newsletter here.

Suffolk Chamber patron: Cory Brothers - Brexit



UK and Australia – Open for RegTech Business webinar - register & find out more here.

The UK & Ireland and Australia both offer great opportunities for RegTech firms. Off the back of our recent report “The UK & Ireland RegTech Market” we are holding a webinar to discuss:

  • What does the UK and Ireland RegTech market look like?
  • Why is the UK & Ireland a good environment for RegTech to prosper?
  • What does it take for an Australian RegTech company to thrive in the UK?
  • Why should UK & Ireland based RegTech firms consider expanding into Australia?
  • What does the future of RegTech look like in both countries in the light of COVID-19?

Transition  

Letters to businesses about new trade arrangements with the EU from 1 January 2021

HMRC letters to VAT-registered businesses in Great Britain trading with the EU and/or the rest of the world, highlighting actions they need to take to continue trading with the EU from 1 January 2021.

Renewable Energy Sector: Discover Six New Markets in Asia for Growth Opportunity (15 Sep)

Indonesia, Malaysia, Myanmar, Philippines, Thailand, Vietnam are the 6 largest countries in Southeast Asia combining to account for more than 80% of the region's economy and US$95mil renewables business opportunities. With average GDP growth of more than 5% per annum (2015-2019), the nations need to fulfil their energy demand while transitioning to greener energy in the effort to tackle climate change. 

To assist UK companies in identifying these opportunities, the UK Government has published a report that covers the market landscape and potential in each country. 

Organised by the Department for International Trade (DIT), this webinar is the start of a regional series that will launch the report and highlight the opportunities in the region. The audience will also be able to learn from a UK company’s experience in entering and succeeding in the market. Register for webinar here.

UK-ASEAN business opportunities in renewable energy - August 2020 Report

The ASEAN Prosperity Fund is delighted to launch a series of detailed reports which set out market conditions and specific project opportunities in the renewable energy sector. If you are a UK business working in this sector, this report will prove valuable to you. The series covers six countries in Southeast Asia - Indonesia, Malaysia, Myanmar, Philippines, Thailand and Vietnam.

Costa Rica: Opportunities in AgriTech 24 September 2020

The Department for International Trade (DIT), the British-Costa Rican Chamber of Commerce and the Costa Rica Chamber of Agriculture are delighted to invite you to join our virtual workshop on opportunities in AgriTech in Costa Rica. This event offers an exclusive opportunity to learn about Costa Rica’s current initiatives to increase the productivity of the agriculture and fisheries sectors and the specific opportunities that arise for UK companies. Learn first-hand from sector experts how to enter this dynamic market.

Download the flyer here for more information.

The British Malaysian Chamber of Commerce in association with the Department for International Trade, UK is delighted to organise an exclusive forum on Malaysia – A Resilient and Preferred destination for British exports and Investment.

Malaysia, the UK's second largest trading partner in ASEAN remains a highly attractive destination for British companies wishing to expand their business overseas. Despite the global economic downturn, bilateral ties between the UK and Malaysia remain strong and opportunities for international players continue to emerge. Malaysia is also increasingly seen by MNCs as a location for manufacturing and services operations, in response to Covid-19 and global trade policy conditions.

Book your place here.

NBCC survey: Are you a member of the NBCC (The Netherlands British Chamber of Commerce) and want to have your say on how they can improve their services offered to you?

Not a member, but active in Anglo-Dutch business and interested in how the NBCC could help your organisation?

NBCC are currently running a survey alongside NLinBusiness, which is available to complete here: https://lnkd.in/dykDzXT.

August 2020

‘Singapore – Future Cities: Opportunities for UK Companies’ will provide insight into Singapore’s progressive journey of innovation, sustainability, the implementation of technology and where opportunity may lay as they continue to lead the way in urban design.

The session will be moderated by Richard Warburton, President of the British Chamber of Commerce Singapore and welcomes:

  • Christopher Yap, Regional Director of Singapore Economic Development Board (EDB), who will provide context of the ‘Singapore story and perspective on Future Cities’

  • Eugene Lau, Deputy Director of the Urban Design Technology Team, Urban Redevelopment Authority (URA)

  • Eugene Lim, Regional Cities Practice Lead and Cynthia Huang, Infrastructure Advisor from Mott MacDonald, who will reflect on their journey in Singapore and the share best practise for companies seeking to enter the market.

    Registration is free of charge via the link here.

Importing goods from January 2021: The UK Global Tariff 

The UK has left the EU. The transition period will end on 31 December this year and the UK will leave the single market and customs union. Businesses should take action now to start preparing for new trading rules which will be in effect from January 2021.

Here’s what you need to know if your business imports goods from overseas. 

What is the UK Global Tariff (UKGT)?

The UKGT is the UK’s independent ‘Most Favoured Nation’ tariff. This is a schedule of taxes to be paid on goods imported into the UK from January 2021. The UKGT will replace the EU’s Common External Tariff.

The UKGT will not apply to goods imported from a country that the UK has a trade deal with, a country that is part of the Generalised Scheme of Preferences or where an exception applies

What should I do next?

  1. Learn more about the UK Global Tariff

  2. Plan ahead by looking up the tariffs you will need to pay using the tariff look up tool.

  3. If you import goods from the EU, learn more about the import process and border controls with the EU from January 2021.

  4. Visit GOV.UK/transition for more information about what you need to do to prepare for the changes coming into effect from January 2021.

You can also find information and advice about trading internationally (outside the EU) at great.gov.uk.

Suffolk Chamber of Commerce - Trade Recovery Plan (post COVID-19)

To ensure future resilience, Suffolk businesses need to plan for continuity in challenging circumstances - COVID-19; the UK’s departure from the EU and continued dislocation to global supply chains. The Suffolk Public Sector, business intermediaries and key stakeholders all have a role to play in creating the right frameworks, support structures and the necessary conditions, not only to restart the recovery of the Suffolk economy following COVID-19 but to seek an economic future that is more vibrant, open, sustainable and innovative.

You can download the full recovery plan here.

Letter from Chancellor of the Duchy of Lancaster - download here.

Leadership in Asia: Navigating Global Markets

13th August, 16:00 – 17:15 (SGT)

When looking for advice and inspiration on how to approach your own leadership journey, all too often the places you will find yourself are dominated by the Western perspective. We think there is a lot to learn from the East as well, and will be hearing personal stories and an academic framework for how you can take those lessons forward.

BritCham Singapore: Everything You Need to Know

27th August, 16:00 – 17:30 (SGT)

In this special session our Executive Director and Business Services Director will provide an overview of who we are, what we do, and how we can help you.

If you would like to understand more about the Chamber, this is a session not to be missed. The conversation will broadly cover:

  • Our strategic focus

  • Our trade activities

  • The networking opportunities for members

  • The available business development activities

  • Our governance

  • Our connectivity to Government

  • Member benefits

  • The work of our committees

  • How we have been supporting members through COVID-19

  • Our events, digital content and opportunities to engage in the conversations

 

July 2020

NEW! Grants available: 

The next phase of the customs grant scheme is now open for applications. It sees a record £50 million investment as part of the measures to accelerate growth of the customs intermediary sector and help meet the increased demand it will see from traders at the end of the transition period.

Customs intermediaries – including customs brokers, freight forwarders and express parcel operators – as well as traders who complete their own declarations, are among those who can now apply for grant funding to support with recruitment, training and IT to handle customs declarations.

The grant can cover salary costs for new or redeployed staff, up to a limit of £12,000 per person and £3,000 for recruitment costs for new employees. This will help them to recruit new staff and train them up ahead of July 2021, when all traders moving goods will have to make declarations.

The grant scheme will continue to offer financial support for training costs to upskill staff and for IT that will allow greater efficiency. The grant for IT will cover expenses for increasing capacity or productivity for customs declarations, customs software, set-up costs, and related hardware.

Grants will be issued on a first come, first served basis. Applications will close on 3‌0 J‌un‌e 2021, or earlier if all funding is allocated. For more information on the scheme and how to apply, please read the guidance on GOV.UK.​ 

2025 UK Border Strategy Public Consultation

This consultation seeks the views and expertise of stakeholders to help develop the 2025 UK Border Strategy and ensure that the government and industry are able to work in partnership together to deliver a world class border.

The government’s ambition is to create the world’s most effective border by 2025, to ensure the UK becomes an even more attractive place to travel to and do business with. It will ensure the UK is better protected against crime, terrorism and environmental and biosecurity threats.

Find out more.

Businesses that import and export goods, step by step guides

From 1 January 2021 the process for importing and exporting goods will change. Find out what you need to do to continue to:

Import goods from the EU

Export goods to the EU

Border Operating Model

Following extensive engagement with industry the Government has published the Border Operating Model. The Model provides clarity and certainty for the border industry and businesses, including technical detail on how the border with the European Union (EU) will work after the transition period and the actions that traders, hauliers, ports and carriers need to take.

Find out more.

The UK Government has launched a straightforward checker tool at gov.uk/transition will quickly identify the specific steps any business or individual needs to take to be ready for the end of Transition 31 December 2020.  

The government has also announced:

  • Controls will be placed on the movement of goods between Great Britain and the EU, with new border controls being introduced in three stages up until 1 July 2021. Details can be found in the Border Operating Model.

  • Further details on the new points-based immigration system from 1 January 2021.

‘The UK’s new start: let’s get going’ Transition Period Campaign

The Government has today launched the new communications campaign designed to support businesses and citizens to get ready for the end of the Transition Period. This includes a new step-by-step guide for importing, and one for exporting.

In addition – there’s a good detailed summary document which you can read here.

It is vital that all Suffolk businesses and in particular importers and exporters are fully prepared for the UK leaving the EU Customs Union and Single Market on 1st January 2021.  Trade Business Advisors Koyas Miah (koyas@suffolkchamber.co.uk) and Michael Chapman (michael@suffolkchamber.co.uk) are at hand to provide free and impartial advice and guidance on our future trading and business relationship with the EU.