Malaysia

Mega firms asked to fund TVET, programmes for the poor: PM

He says over 60 companies approached so far, including Sunway, Berjaya Corp

Updated 3 years ago · Published on 21 Mar 2023 12:13PM

Mega firms asked to fund TVET, programmes for the poor: PM
Prime Minister Datuk Seri Anwar Ibrahim says that the Albukhary Foundation has offered to handle funding matters in a technical and vocational education and training institute in Pekan, Pahang (pic for illustration purposes only). – Education Ministry pic, March 21, 2023

by Qistina Nadia Dzulqarnain

KUALA LUMPUR – Datuk Seri Anwar Ibrahim (Tambun-PH) has revealed that 60 mega companies, including multinational corporations (MNCs), have been asked to assist in initiatives to help the poor. 

Speaking in the Dewan Rakyat today, the prime minister said that his administration has taken steps to ask high-earning companies for direct aid in projects aimed at assisting the people, citing improvements in technical and vocational education and training (TVET) as an example. 

“For now, there are 60 major companies including MNCs that have been asked, for example, to finance TVET maintenance works with company costs. 

“The idea is to get direct assistance from high-earning companies, whether with projects to aid poor citizens or more specific programmes such as TVET,” he said, noting that some of the companies involved in the initiative include Sunway Bhd and Berjaya Corporation Bhd.

He added that the Albukhary Foundation, under businessman and philanthropist Tan Sri Syed Mokhtar Albukhary, has also offered to handle funding matters in a TVET institute in Pekan, Pahang. 

Anwar, who is also Pakatan Harapan chairman, was responding to an additional question by Datuk Seri Tuan Ibrahim Tuan Man (Kubang Kerian-PN) on whether companies besides Syed Mokhtar’s Padiberas Nasional Bhd (Bernas), will be sharing part of their profits with producers. 

Previously, Tuan Ibrahim, who is also former environment and water minister, singled out Top Glove Corporation Bhd, urging the company to give back to low-income rubber tappers. 

Anwar’s revised Budget 2023 featured Bernas’ agreement to share 30% of its net profits from imports with padi farmers. 

On December 5 last year, Anwar had pledged RM60 million in assistance to padi farmers nationwide as part of initial measures to dismantle Bernas’ long-standing monopoly of the rice industry.

He had also assured that his government would no longer allow the monopolisation of the industry by certain figures who prey on small-time players. – The Vibes, March 21, 2023

Related News

Opinion / 1mth

What education must produce

Community / 1mth

Penang: Taman Manggis residents appeal to state for compromise

Opinion / 2mth

A civilizational moment for Malaysia: From Al-Attas to Osman Bakar

Malaysia / 3mth

PM term limit: 'It starts with me' - Anwar

Malaysia / 3mth

Dewan Rakyat passes International Mediation Bill

Business / 4mth

Malaysia’s economy - Five realities frequently overlooked

Spotlight

Malaysia

Motorcyclist dies in head-on crash, driver tests positive for drugs

Malaysia

61-year-old woman mistakenly presses gas pedal, Porsche crashes into hotel lobby

Opinion

The constitutional framework of justice: Balancing adat

Malaysia

DAP to contest 17 seats in Johor state election - Loke

Malaysia

Terengganu enforces syariah caning sentences as five offenders receive 20 strokes in total

Malaysia

Survivor hiker recounts 14-day forest ordeal after being found alive in Perak jungle (video)

Malaysia

Rafizi’s new party rejects alliances, prepares independent Johor election challenge

Malaysia

Former Kedah assemblyman found drowned in river after early-morning search operation

You may be interested

Malaysia

PM Anwar dismisses talk of fuel price hikes

Malaysia

No urgency for snap polls in Penang, says CM

By Ian McIntyre

Malaysia

MACC undergoes senior shake-up as new Chief Commissioner begins reform push

Malaysia

Family: Hiker Jaslinda Saludin a kind-hearted and experienced outdoor enthusiast

Malaysia

Issue of Negeri Sembilan rulership should be resolved through dialogue – Ahmad Zahid

Malaysia

Selangor moves to ease concerns over Non-Muslim worship guidelines

Malaysia

Former Kedah assemblyman found drowned in river after early-morning search operation

Malaysia

Jaslinda found safe after going missing on Gunung Batu Putih - police (video)