With an article for Star Biz 7, this week Center for Market Education CEO, Dr Carmelo Ferlito, came back to the topic of corporate fragmentation in Malaysia. 98% of Malaysia's firms are MSMEs, but they produce only 38% of the GDP. The new government plan to increase MSMEs access to capital markets is useful, but it will be effective only if accompanied by a change in corporate culture. Only a higher degree of consolidation can generate technical progress, social mobility and social protection.
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With an article for Star Biz 7, this week I came back to the topic of corporate fragmentation in Malaysia. 98% of Malaysia's firms are MSMEs, but they produce only 38% of the GDP. The new government plan to increase MSMEs access to capital markets is useful, but it will be effective only if accompanied by a change in corporate culture. Only a higher degree of consolidation can generate technical progress, social mobility and social protection. Center for Market Education
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Men's economic empowerment in Malaysia. It's a topic we don't hear much about, but it needs our attention. Empowering men economically might just start with the right education. Technical and Vocational Education and Training (TVET) could be the key. TVET equips individuals with hands-on skills that are in demand. Think about it: industries need skilled workers, and TVET can fill that gap. When men enter these fields, they boost their own prospects and the economy. But it's not just about education. It's about valuing these skills with premium salaries. If skilled trades are seen as high-paying and prestigious, more men will pursue them. This change in perception can drive economic growth. Imagine a Malaysia where men are thriving in various industries, thanks to quality TVET programs and fair wages. It's a vision worth striving for. So, let's start talking about men’s economic empowerment. Let's support TVET education and advocate for better salaries. Together, we can make a difference.
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investED Leadership Programme 2024 Trainee at Securities Commission Malaysia | Equity Dealer at Apex Equity Holdings Berhad
Such a great fun participating in the ASEAN Investment Challenge of which organised by CGS-CIMB Securities Malaysia, and gain a transformative experience in sustainable investing. With the theme ‘Level Up Your Game’, this initiative is meant to promote learning and development among students from Malaysia, Indonesia, Singapore as well as Thailand in responsible investing. From its inauguration on 1st July 2023, the contest has received nearly 2800 registrations of students from higher education institutes in MIST markets. The journey was enlightening, featuring two phases: a national competition, where we broadened our horizons by conducting classroom and experiential activities on responsible investing into the real world scenario. I am honored to be among the 1,519 students from Malaysia that took part in this initiative. The national challenge, which was launched from the 7th of August2023 to the 30th September 2023, not only provided valuable insights into environmental, social, and governance (ESG)-related securities but also equipped us with the skills to make informed investment decisions. This initiative by CGS-CIMB aims to empower the youth with skills and knowledge in investment for a successful career that will ultimately result to a strong capital market in Malaysia. Happy about the support of partners and looking forward to using this knowledge for brighter financial days ahead! #ASEANInvestmentChallenge #FinancialLiteracy #SustainableInvesting #CGSCIMB #LevelUpYourGame
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Have you considered how innovation can transform the lives of children??Our?ANCP projects in Asia, supported by the Australian Department of Foreign Affairs and Trade's #ANCP, have uncovered some incredible insights that pave the way for elevating program quality, expanding reach, and amplifying impact ??? ? If you’re ready to delve deeper into the world of innovation, watch this video to see what we've learnt from these?groundbreaking programs and how innovative thinking can help us change lives.?
Unlocking the Power of Innovation with ANCP!
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?? Why should you choose a Junior Enterprise? ?? Collaborating with a Junior Enterprise such as EJD Singapore has unique advantages. Combining professionalism and innovation, junior enterprises are an ideal solution for ambitious companies. Here's why EJD Singapore would be a strategic choice: o Academic Excellence ?? – ESSEC Business School fosters an environment where academic rigour meets real-world relevance, cultivating students who excel not only in theoretical knowledge but also in practical business acumen. o Objective External Perspective ?? - We provide a distinct advantage of an unbiased, external viewpoint. Our position allows us to offer objective assessments and fresh insights. This perspective aids in identifying opportunities and challenges that might be overlooked internally, ensuring comprehensive and effective solutions for your business. o Flexibility and Customisation ?? - We specialise in tailoring each project to fit your company's unique requirements. Our commitment to continuous improvement ensures we not only meet but strive to exceed customer expectations. o Innovation & Commitment ?? - Our team, comprised of dynamic and inventive students, excels in generating new ideas and crafting cutting-edge solutions. Through stringent selection and comprehensive training, we ensure exceptional quality across all services. Our consultants, passionate about consulting, dedicate themselves to fulfilling and surpassing your expectations. o Price Competitiveness ?? - Our price performance ratio is very competitive, compared to professional consultancy firms. However, it doesn't compromise the quality of our work, to which we put great effort and dedication. Choosing a Junior Enterprise such as EJD is a real opportunity for ambitious projects. By working with us, you are guaranteed a professional, creative and collaboration! ?? Willing to know more about us? Visit our LinkTree to access the entire EJD network: https://lnkd.in/gG76JwfW
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It's my honor to attend the SUSS Success Academy launch. It was great to hear the insights from all the experts on how universities in Southeast Asia are shaping talent and what types of skills they are focusing on developing. Many people may think that the Malaysian market is small, but in reality, no one views Malaysia merely as a market when planning global expansion. Malaysia serves as an excellent launch pad, offering high-quality, practical talent that is ideal for international growth. ??:Kiat Siong Du #TalentDevelopment #SoutheastAsia #Malaysia #GlobalExpansion #HigherEducation Wesley HuiSingapore University of Social Sciences (SUSS)SEGi University & CollegesKoh Chen Tien Capt.VerofaxITRAMAS Corporation SingaporeMalaysian Investment Development AuthorityMalaysiaEduServMinistry of Higher EducationMalaysia Digital Economy Corporation (MDEC)Huawei NetworkBioeconomy Corporation
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"Education and skills development are not just about imparting knowledge; they are about empowering young people to become architects of their own destinies." - Mr. Austine Omeno, Principal, Eastlands College of Technology A thought-provoking article by Mr. Omeno in Business Daily Africa published on July 16, 2024, explores how we can unleash the potential of our youth through practical skills development, industry-relevant training, and entrepreneurial opportunities. Read the full article here: https://bit.ly/3S8PIyD Let's discuss! What do YOU think is the key to unlocking the potential of young people? Share your thoughts in the comments below ?? #Samsunginnovationcampus #JihamiNaSkills #Samsung #eastlandscollegeoftechnology
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Education planning is crucial in Malaysia for several reasons: 1. **Rising Education Costs:** - The cost of education, including tuition fees, books, and living expenses, continues to rise. Planning ensures that parents can financially support their children's education without significant strain. 2. **Diverse Education Options:** - Malaysia offers a range of educational institutions and programs. Planning allows families to explore and choose the best-suited options for their children's academic and career goals. 3. **Long-Term Financial Commitment:** - Education is a long-term financial commitment. Planning early helps distribute the financial burden over time, making it more manageable. 4. **Financial Security for Children:** - Investing in education planning provides financial security for children, enabling them to pursue higher education without compromising on quality or facing financial obstacles. 5. **Competitive Job Market:** - As the job market becomes more competitive, having a solid education becomes increasingly important. Education planning supports access to quality education, enhancing career opportunities for individuals. 6. **Globalization and Mobility:** - Education planning takes into account the potential need for international education, especially as globalization increases. It ensures that families are financially prepared for educational opportunities beyond Malaysia. 7. **Inflation Considerations:** - Inflation affects the cost of education. Planning helps account for inflation, ensuring that the funds set aside for education will be sufficient in the future. 8. **Loan and Debt Management:** - Without proper planning, families may resort to loans or debt to fund education, leading to financial stress. Planning helps minimize the reliance on loans and supports a more sustainable financial approach. 9. **Empowering Future Generations:** - Education planning empowers future generations by providing them with the necessary knowledge and skills to contribute positively to society. 10. **Cultural and Social Values:** - Education is often highly valued in Malaysian culture. Planning reflects and reinforces the importance of education as a priority within families. In essence, education planning in Malaysia is an investment in the future, ensuring that individuals have the educational opportunities they need to thrive in an evolving and competitive world. It offers financial stability and peace of mind for parents and contributes to the overall development of the nation. #tryourfavfinancialconsultant #education #malaysia #securefuture #planningahead #insurance
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A module meticulously designed to train our students as problem solvers based on real-industry challenges – "Student-Consultant." @ INCEIF University #MBASustainableBusiness #MasterIslamicFinancePractice[MIFP] #MasterScienceIslamicFinance
INCEIF spearheads an innovative action based learning project, and one noteworthy endeavor by our ABL students involved in addressing the critical need for microfinancing among farmers in Malaysia. Together, we aim to uncover challenges, craft bespoke solutions, and empower local farmers, fostering sustainable growth in our communities. Our students actively engage with industry partners, providing valuable insights and sustainable solutions. ABL is currently offered in our face-to-face programs, including MIFP, MSC in Islamic Finance, and MBA (Sustainable Business). Join us in shaping a more sustainable and responsible future for the industry. For more details, visit our website at https://lnkd.in/gFPZRGVS #ABL #Sustainability? #INCEIFUniversity? #actionbasedlearning #Learningbydoing
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Date: 13 August 2024 (Tuesday) Time: 1:30 - 5:00 PM Venue: 11 Eunos Road 8, LLI Event Hall 1-1 & 1-2, Lifelong Learning Institute, Singapore 408601 In today’s rapidly evolving landscape of technological advancements, societal shifts, and environmental concerns, companies must engage with people, customers, and communities in novel ways. Amid manpower shortages, leveraging diverse talent and nurturing DEIB is essential to unlock workforce potential. This workshop provides strategies for creating a diverse, inclusive organisation, giving you a competitive edge. Here's what you can expect from this event: - Understand DEIB and its impact on innovation, productivity, and profitability. - Explore best practices for creating a culture of inclusion where everyone feels valued and empowered to contribute their best. - Discover strategies for attracting and retaining top talent from diverse backgrounds. - Learn about government assistance schemes to achieve DEIB in the workplace. This event is open to all local SMEs to learn more. Sign up here: https://lnkd.in/gya6m37A
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Energy Efficiency/Renewables/Energy/Sustainability/Entrepreneurship/Finance/Economics
3 个月This is definitely something the government can manage and implement easily without causing any ill after affects to the market. Rafizi Ramli should focus on these lower hanging fruits rather than going on a mission to recreate the wheel!