Top 10 Best Business Associations in Kuala Lumpur
Kuala Lumpur is teeming with businesses of all shapes and sizes. For the business owner, it can be hard to know which associations to join to help you network and grow your business. Here are the top 10 best business associations in Kuala Lumpur.
Table of Contents
- No Time to Read? Here’s a Snappy Summary of This Article
- #1 – Malaysia-China Business Council
- #2 – Italy Malaysia Business Association – IMBA
- #3 – Malaysian Dutch Business Council
- #4 – Malaysian Swedish Business Association
- #5 – Malaysia India Business Council (MIBC)
- #6 – EO (Entrepreneurs’ Organization) Malaysia
- #7 – Malaysia New Zealand Chamber of Commerce
- #8 – Malaysia Canada Business Council
- #9 – MFBC Malaysian-Finnish Business Council
- #10 – Malaysian Association Of Money Services Businesses
- Conclusion
- Frequently Asked Questions (FAQ)
- Have a Place to Recommend?
- Meanwhile, Check out Tropika Club’s Ecosystem of Websites
No Time to Read? Here’s a Snappy Summary of This Article
- Extensive Networking Opportunities: Connect with industry leaders and entrepreneurs across various sectors.
- Professional Development Support: Gain access to training, workshops, and seminars for skill enhancement.
- Advocacy for Business Interests: These associations represent members’ interests to government bodies and policymakers.
- Access to Business Resources: Benefit from valuable resources such as market reports, data, and research.
- Collaboration and Partnership Platforms: Find potential partners and collaborators for business growth and innovation.
- Industry-Specific Insights: Stay updated with the latest trends and developments in your field.
#1 – Malaysia-China Business Council
Introduction:
The establishment of Malaysia-China Business Council (MCBC) dates back to 2002 when the China-Malaysia Joint Business Council (JBC) was set up between China Council for the Promotion of International Trade (CCPIT) and a Malaysian entity which was witnessed by then Prime Minister, YAB Tun Dr. Mahathir and the visiting Vice President of the People’s Republic of China, HE Hu Jintao. MCBC was subsequently incorporated to strengthen the close relationship between Malaysia and China by promoting better understanding and closer coordination among enterprises and individuals for the overall benefit of the business communities of both nations.
MCBC provides business information and advisory services to Malaysia entrepreneurs in China as well as Chinese entrepreneurs in Malaysia. It also helps to identify issues and problems faced by the business communities in order to find solutions acceptable to all parties. MCBC provides business information and helps to explore trade & investment opportunities at the same time, helps Chinese investors tounderstand Malaysia’s conducive business and investment potentials in a better form.
On April 2012, MCBC was officially registered as a legal entity in the form of a non-profit company limited by guarantee under the Companies Act 1965, and the Board of Directors held its first meeting on May 3 in the same year in accordance with the new Memorandum and Articles of Association, laying down a new milestone in MCBC’s history.
Type of Services:
- Xiamen University Malaysia Campus Project
- Malaysia-China Kuantan Industrial Park (MCKIP) Project
- The China-Malaysia Qinzhou Industrial Park (CMQIP) Project
- Malaysia-China Digital Economy Forum 2022
- Courtesy Call by Geely China
Location:
Lot 3A-28, Quill City Mall, No. 1018, Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia.
Contact: +603 – 2857 4994
Website: Website Link Here
#2 – Italy Malaysia Business Association – IMBA
Introduction:
IMBA is the non-profit organization established with the patronage of the Italian Embassy in Kuala Lumpur and the Italian Trade Agency to strengthen bilateral relations between Italy and Malaysia and create a platform for the business community.
The main objective of IMBA is to promote and represent the interest of the Italian Business in Malaysia, as well as encourage both Italian and Malaysian Members to explore possible investments in Malaysia and Italy and provide representation to the Malaysian Government, its Agencies and other Governmental Bodies on issues of concern to the Members relating to the Italian/Malaysian business community.
“Arts & Culture” also plays an important role in IMBA’s range of activities, coherently with the exceptional Italian and Malaysian cultural heritage. A number of cultural events are organized and patronized in conjunction with Italian and Malaysian authorities.
Although the primary objective of IMBA is to attract Italian and Malaysian nationals and corporates, it is open to all individuals and businesses irrespective of their nationality.
Type of Services:
- My Credit Manager EU
- MIDA Incentives Information Portal
- Investor Visa for Italy
- Industry4WRD – Malaysia National Policy for Industry 4.0
Location:
c/o ITA, Office Suite 19-14-1 & 3A, Level 14, UOA Centre, No. 19, Jalan Pinang, 50450 Kuala Lumpur – Malaysia
Contact: +603 2164 9931, Whatsapp: +6017 371 0363
Website: Website Link Here
#3 – Malaysian Dutch Business Council
Introduction:
The Malaysian Dutch Business Council (MDBC) is all about providing business services, representation, and networking. They forge business ties between Malaysia and The Netherlands. Established in 1996 by Malaysian and Dutch companies, MDBC is a private, well established, non – profit trade support organisation with more than 250 members. Don’t forget to check out their Members Directory to see who’s in the community. MDBC is considered one of the most active councils in Kuala Lumpur and in Malaysia as a whole, to see what events are upcoming, please visit their Events Calendar.
In 2021, MDBC won the ‘Best Bilateral Business Services Provider – Malaysia’ award from APAC Insider. In 2019, MDBC became the second Dutch Chamber in the world to receive the NLinBusiness quality mark in an accreditation ceremony attended by the Netherlands Minister of Foreign Affairs, H.E. Stef Blok. In addition to being acknowledged as a ‘best – in – class’ leader, MDBC is now officially a member of the new NLinBusiness network of business hubs. This is a sign to Dutch entrepreneurs that they can be guaranteed a ‘soft landing’ in Malaysia as they seek to enter the Malaysian market and / or wider ASEAN market. In 2018, MDBC won the APAC 2018 International Chambers of Commerce Membership Engagement Program of the Year Award.
MDBC has the audacious goal of becoming the best business chamber in the world, providing lasting value to their members. They achieve their high standards through the successful execution of our three objectives (Business Services, Representation, and Networking). Their core values are to be Entrepreneurial, Independent, Accessible, Responsible, and Service Oriented.
Type of Services:
- MDBC STUDENT INTERNSHIP PROGRAM (SIP)
- Rumah Oranje (Orange House)
- Career Membership
- Visa Services
Location:
21 – 3A BINJAI 8 PREMIUM SOHO, LORONG BINJAI, OFF JALAN BINJAI, 50450 KUALA LUMPUR, MALAYSIA
Contact: +603 – 2387 0043
Website: Website Link Here
#4 – Malaysian Swedish Business Association
Introduction:
MASBA is governed by an Executive Committee comprising of Malaysian and Swedish executives nominated and elected by the members at their annual meeting.
The Malaysian – Swedish Business Association is a non-profit organization established in 1986 to promote trade, finance, and industry between Malaysia and Sweden. MASBA aims to support business interests of our members by facilitating commercial and social networking in the form of business briefings, seminars, company visits and social events. Their members also have access to information and events by EU-Malaysia Chamber of Commerce Industry (EUROCHAM).
They currently have 61 members who represent a wide variety of business sectors with multinational, medium and small Swedish companies, Malaysian companies with Swedish linked businesses, individual members and Malaysian governmental agencies. Additionally, they aim to promote the Swedish brand by collaborating with the Swedish Embassy and Business Sweden to improve Malaysian-Swedish business ties.
Type of Services:
- EMBASSY OF SWEDEN
- BUSINESS SWEDEN
- SWEA
- INVEST KL
- MIDA
Location:
Embassy of Sweden P.O. Box 10239, 50708 Kuala Lumpur
Contact: +6012 535 2851
Website: Website Link Here
#5 – Malaysia India Business Council (MIBC)
Introduction:
The membership to the Association shall be open to all Chairman, Chief Executive Officers and / or Managing Directors of companies and Individuals that are registered with the Association in Malaysian and India.
Type of Services:
- HIGH COMMISSION OF INDIA
- MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY
- MALAYSIA EXTERNAL TRADE STATISTICS
Location:
Malaysia India Business Council B1 (1-4) Block B, Plaza Dwitasik No. 21, Jalan 5/106 Bandar Sri Permaisuri 56000 Kuala Lumpur Malaysia.
Contact: +603-91730355
Website: Website Link Here
#6 – EO (Entrepreneurs’ Organization) Malaysia
Introduction:
It’s been more than 25 years since a group of forward-thinking entrepreneurs created a network of likeminded peers to help each other learn and grow. Follow the evolution of EO below – from its beginnings as YEO and WEO – and discover how they grew into the world’s most influential community of entrepreneurs.
Entrepreneurs’ Organization (EO) is a diverse, knowledgeable, membership network made up of more than 16,500 business leaders in 60+ countries who are fueled by the belief that Together We Grow. EO members include business founders, owners and controlling shareholders who collectively employ close to 4.5 million people worldwide in nearly all sectors of industry, from small to medium to large scale enterprises.
Together We Grow is one of EO’s four core values. It represents the growth mindset that propels us to achieve more as a community of entrepreneurs and professional staff, than as any individual. Along with that value is their shared Thirst for Learning, a commitment to Trust and Respect and the courage to Think Big and Be Bold. These four core values stand as common pillars across regions, helping our people thrive as individuals and as teams.
Their diverse international staff collaborates seamlessly across time zones and cultures, leading to new relationships and cultural understanding. These connections are often cited as one of the most popular benefits about working at EO. Another is the generous professional development allowance that every full-time employee is given, to fuel their thirst for learning.
Type of Services:
- Join a bridge chapter (regional chapter)
- The EO Experience
Location:
Common Ground, 16-1, Level 16, Wisma UOA Damansara 2 Changkat Semantan, Damansara Heights 50490, Kuala Lumpur, Malaysia 51200 Kuala Lumpur MY, 2, Changkat Semantan, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Contact: 03-6253 5788
Website: Website Link Here
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#7 – Malaysia New Zealand Chamber of Commerce
Introduction:
The Malaysia New Zealand Chamber of Commerce (MNZCC) is a private, non-profit organisation that was formed in 1992 with the objective to help businesses in Malaysia, with a New Zealand connection, to benefit through their association with each other. The MNZCC is centred on Kuala Lumpur with chapter offices in Kota Kinabalu and Kuching.
Over the years the Chamber has developed to become the focal point for New Zealand related activities in Malaysia, and sustains a membership of over 130 individuals and 30 corporate businesses. In addition to the Membership, the MNZCC engages numerous other people and businesses through its many activities including the Annual New Zealand Dinner & Dance which attracts over 600 people.
Type of Services:
- NZABA Conference 2022
- ASEAN Business Alliance Conference
- Launch of MNZCC Food & Beverage Industry Committee
Location:
Level 21, Menara IMC, 8, Jalan Sultan Ismail, 50250 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Contact: +6019 238 0012, +60 3-2274 0354
Website: Website Link Here
#8 – Malaysia Canada Business Council
Introduction:
The Malaysia Canada Business Council (MCBC) is a private, non-profit organization, established in Kuala Lumpur in 1989 to foster and enhance relationships between Canada and Malaysia.
MCBC provides a forum for networking, promotion, and information-sharing. It represents the interests of its members, serving as a catalyst for further trade and investment between Canada and Malaysia.
MCBC aims to provide a Vital Business Relationship between Canada and Malaysia by :
Expanding their platform with more companies and better technology to connect Canadian and Malaysian businesses together.
Doing their part to grow Malaysia – Canada trade in a significant way.
Supporting the full spectrum of members from large corporations to small and medium enterprises.
Type of Services:
- High Commission of Canada in Malaysia
- Ministry of International Trade and Industry (MITI)
- Malaysia Canada Business Council (BC)
- Canadian Association of Malaysia (CAM)
Location:
Sun Life Malaysia Assurance Berhad, Mezzanine Floor 338, Jalan Tuanku Abdul Rahman 50100 Kuala Lumpur
Contact: +6012 363 0799
Website: Website Link Here
#9 – MFBC Malaysian-Finnish Business Council
Introduction:
The Malaysian-Finnish Business Council (MFBC) is a private, voluntary and non-profit organization established in 2001.
They are part of the Team Finland network in SE-Asia and our target is to foster friendship and promote close and harmonious educational, economical, trade and industrial relations between Malaysia and Finland.
Their members are Finnish companies operating in Malaysia, local companies with a Finnish origin or interest, and individual entrepreneurs in Malaysia.
Type of Services:
- The Malaysian Finnish Association – Malesian Suomalaisyhdistys (MaSu)
Location:
Jeks Engineering Sdn Bhd Lot C2-2F, 3F, Jalan Ampang Utama 1/1 Taman Ampang Utama 68000 Ampang Jaya Selangor, Malaysia
Contact: +60 3 4251 1386 (general)
Website: Website Link Here
#10 – Malaysian Association Of Money Services Businesses
Introduction:
Malaysian Association of Money Services Business or MAMSB (Persatuan Perniagaan Perkhidmatan Wang Malaysia) was registered on 22nd August 2013 with the Registrar of Societies under the Societies Act 1966. MAMSB is the national association for licensees under the Money Services Business Act 2011 (MSBA) as well as those enterprises that have been approved as money services business agents to principal licensees under the MSBA. MAMSB is dedicated to advancing the money services business industry in Malaysia. Its ultimate aim is to ensure alignment with the national agenda to promote modernisation and professionalism of the money services business industry while representing the interest of members.
Type of Services:
- Capacity Building
- Engagement Session with Industry
- Extraordinary General Meeting
Location:
Level 2, Bangunan AICB 10, Jalan Dato Onn 50480 Kuala Lumpur Federal Territory of Kuala Lumpur
Contact: 03-7722 5208
Website: Website Link Here
Conclusion
As we wrap up our exploration of the Top 10 Best Business Associations in Kuala Lumpur, it’s clear how vital these organizations are for fostering growth and collaboration in the city’s business landscape. Each association plays a unique role in connecting professionals, providing resources, and driving innovation across industries. Whether you are an entrepreneur, a small business owner, or part of a large corporation, these associations can be the key to expanding your network and staying competitive. By joining one, you’ll be part of a thriving community that supports your business goals and opens up new opportunities for success.
So, whether you’re already established or just starting out in Kuala Lumpur, consider tapping into these associations for support, resources, and networking. The benefits are clear, and the connections you make could be the driving force behind your next big opportunity.
Frequently Asked Questions (FAQ)
Q: How can joining a business association benefit my company?
A: Joining a business association in Kuala Lumpur helps you expand your network, access resources, and gain industry insights.
Q: What types of business associations are available in Kuala Lumpur?
A: Kuala Lumpur offers a range of business associations, from industry-specific groups to general business chambers, catering to various sectors.
Q: Can foreign businesses join business associations in Kuala Lumpur?
A: Yes, many business associations in Kuala Lumpur welcome foreign businesses, offering support for market entry and networking opportunities.
Q: Are there business associations specifically for startups in Kuala Lumpur?
A: Several business associations in Kuala Lumpur focus on startups, providing mentorship, funding access, and collaboration opportunities.
Q: How do I apply to join a business association in Kuala Lumpur?
A: Most business associations have online application forms on their websites or you can attend events to connect with representatives.
Q: What is the best way to stay updated on business association events in Kuala Lumpur?
A: You can follow the associations’ websites, newsletters, or social media channels to keep track of upcoming business events in Kuala Lumpur.
Have a Place to Recommend?
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