Malaysia

Most MAF retirees prefer to start own businesses: Adly

Study shows 83% of veterans interested in entrepreneurship upon completion of service

Updated 2 years ago · Published on 14 Jun 2023 2:45PM

Most MAF retirees prefer to start own businesses: Adly
Deputy Defence Minister Adly Zahari says the Defence Ministry and the Armed Forces Ex-Servicesmen Affairs Corporation have implemented entrepreneurship programmes and job placements for Malaysian Armed Forces veterans. – Information Dept pic, June 14, 2023

KUALA LUMPUR – The Armed Forces Ex-Servicesmen Affairs Corporation (Perhebat) found that the majority of the Malaysian Armed Forces (MAF) veterans are inclined to run their own businesses or be self-employed upon completion of their service.

Deputy Defence Minister Adly Zahari said that based on a study conducted by Perhebat in April, 83% of veterans intend to run a business, while 17% of them want to secure a second career after retirement.

He said the results of the study enable Perhebat and the Defence Ministry to help veterans by acting as facilitators to match veterans with employers and entrepreneurship supervisory agencies.

“Among the initiatives implemented are job placements and entrepreneurship programmes. Perhebat also provides guidance and monitors the MAF veterans’ second career up to a period of five years after they complete their service,” he said during a question-and-answer session in the Dewan Rakyat today.

He said this in his reply to a question raised by Datuk Khlir Mohd Nor (Ketereh-PN) on the Defence Ministry’s plans to ensure MAF veterans secure a second career. – Bernama, June 14, 2023

Related News

Malaysia / 3mth

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

Malaysia / 3mth

Dewan Rakyat passes International Mediation Bill

Malaysia / 4mth

Government completes repayment of RM22.45b in overpaid taxes last year - highest in 5 years

Malaysia / 4mth

PM: Malaysia recorded 4.9 per cent GDP growth in 2025, surpassing official projections 

Malaysia / 4mth

Malaysia's 2025 economic performance to be debated in Dewan Rakyat today

Malaysia / 4mth

Parliament convenes Monday with spotlight on King’s address

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Malaysia

Johor and NS polls first major test of post PAS-Bersatu political order

Malaysia

Woman molested on her way home from work (video)

Malaysia

Johor polls: UMNO asserts independence from federal Unity Government agreement

Malaysia

‘We do not believe in political divorce and remarrying’ – PM Anwar

Malaysia

Eight Myanmar nationals arrested in wildlife raid at durian plantation in Kuala Krai

Malaysia

Zero tolerance for corruption as JPJ faces fresh bribery allegations - Minister warns

Malaysia

Isa Samad's 'Tan Sri' title revoked

Malaysia

Authorities press on AI photo crackdown as national passport enters global elite