28th
June
2007
Malaysia makes big strides to progressing up the knowledge chain, some of the initiatives that it has taken to expose post graduates to different learning practices, skills sets and cultures has led to greener pastures for some as they are lured away by the very people employed to teach them.
Leading Indian software giant, Infosys Technologies Ltd, a company with more than 50,000 employees, has offered jobs to 29 of the group of Malaysian fresh graduates who have just completed a four-month stint at the company’s high-tech campus in Bangalore.
The Malaysian trainees, including seven lecturers, were selected to attend a foundation course in computer science to help them improve their computer skills under collaboration between Infosys and the Malaysian government. Read the rest of this entry »
posted by Glen Stidolph in Malaysia, Government |
20th
June
2007
At the Catenate Supported ‘Business Opportunities in Malaysia’ seminar in Reading UK, potential UK investors and UK companies in Malaysia have been urged to capitalize on the expertise of Malaysian UK graduates to set-up and expand their operations in Malaysia.
The Malaysian Minister of International Trade and Industry, Datuk Seri Rafidah Aziz made the call at the one-day seminar attended by over 200 businessmen.
With more than 11,450 Malaysian students studying in the UK, the Minister said British companies can engage some of these students to be trained before being entrusted to handle their operations in Malaysia. British companies besides having a strong presence in the oil and gas, chemicals and chemical products industries, also have established interests in food manufacturing, pharmaceuticals and aerospace industries. Read the rest of this entry »
posted by Glen Stidolph in Malaysia |
14th
June
2007
It looks like a decade after the financial crisis, the Malaysian economy is at its strongest position ever. Economic growth has been achieved with relative price stability, low unemployment and strong external balances. Going ahead, the prospect of the country economic looking bright. Global international merchant bank MERRILL LYNCH has said that MALAYSIA is in the midst of a long-term structural upturn, which will not only lift its economic growth prospects in the coming years, but also support asset prices, local news agency BERNAMA reported.
In its latest analysis on Malaysia, the merchant bank said the Malaysian economy appeared to be reaching full stride. ?This development has raised our optimism over the country?s medium-term growth prospects,? it said.?The bank lifted its forecasts for GDP growth to 5.7% for 2007 and 6.3% for 2008 (previously 5.2% and 5.8% respectively). Read the rest of this entry »
posted by Christopher in Malaysia, Economic |
12th
June
2007
Here’s a Post from a prominent ‘outsourcing’ Blog that I normally enjoy reading:
“I just discovered, from a friend who works in a prominent position at a prominent bank, that the government of Malaysia outsources the Bank of Malaysia to [this prominent bank].”
Interesting: the argument against outsourcing is often, that it moves jobs from our country (USA) to their country. But an interesting reversal has happened: their governments tend to be so corrupt, that the governments don’t trust themselves with money, so they outsource managing the money to us!
(Source www.outsourceyourlife.com)
It’s interesting how Americans believe that their Corporate governance is ‘first world status’ comparative to their industrialization and infrastructure. I wont bother to mention Enron or Arthur Andersen or Bristol Myers or Tyco International or Martha Stewart or WorldCom or Lucent Technologies or J.P Morgan Chase & Co or AOL/Time Warner, I think I’ll rise above finger pointing and refer back to globally recognized and quoted Corruption indexes such as Transparency international’s ‘Global Corruption Barometer’ (Latest-2006) which goes on to report Read the rest of this entry »
posted by Glen Stidolph in Malaysia, Government |
6th
June
2007
Malaysia continues to attract investments in the manufacturing sector, where for the first four months of the year, some RM12.6 billion were approved in 302 projects, according to recent speech of Datuk Seri Rafidah Aziz, Minister of International Trade and Industry.
The Minister was speaking at the opening of the National Seminar on “Business Opportunities in the Machinery and Equipment Industry” organised by the Malaysian Industrial Development Authority, in conjunction with the MetalTech Malaysia 2007 exhibition in Kuala Lumpur.
Foreign investors have also made a comeback with investments of RM7.9 billion (Approx USD$2.4 Billion) or 62.7% of the total investments. Netherlands with RM1.4 billion was the top source of foreign direct investment (FDI); followed by Singapore with RM1.2 billion; Japan, RM1.1 billion; the US, RM1.0 billion and South Korea with RM861.6 million. Read the rest of this entry »
posted by Glen Stidolph in Malaysia, Economic |
31st
May
2007
Business opportunities in Malaysia!
The Hon Rafidah Aziz, Malaysian Minister for International Trade and Industry will be in London chairing the Business Opportunities in Malaysia seminar to be held on June 12th at the Crown Plaza Hotel in Reading.
The seminar will provide participants:
• An opportunity to seek clarification from the Hon Minister on issues relating to trade, investment and services in Malaysia.
• An opportunity to establish networking with Malaysian industry leaders from the Manufacturing and service sectors.
• An opportunity to meet with the Malaysian delegation for potential business collaborations and alliances in Malaysia
• AND MOST IMPORTANTLY…MEET MR NEVILLE CLOKEY, MANAGING DIRECTOR OF CATENATE UK Read the rest of this entry »
posted by Christopher in Malaysia, Event |
22nd
May
2007
KUALA LUMPUR: The Malaysian economy last year recorded the highest productivity growth in the last six years at 3.7%, ahead of even developed countries such as Singapore (1.2%), Sweden (2.8%), Japan (2.5%), Germany (2.0%), and the United States (1.5%).
According to the Productivity Report 2006, which was launched yesterday, the productivity growth also contributed to strong gross domestic product (GDP), which grew 5.9% last year, driven mainly by strong public and private sector expenditure, and an impressive trade performance, which hit the RM1tril mark.
The report stated that Malaysia’s productivity level increased to RM27,221 per employee, from RM26,255 per employee in 2005. Read the rest of this entry »
posted by Glen Stidolph in Malaysia, Economic |
17th
May
2007
posted by Christopher in Malaysia, Event |
16th
May
2007
KUALA LUMPUR: Malaysia has won the Offshore Destination of the Year award from the United Kingdom National Outsourcing Association (NOA).
The award acknowledges a country’s good combination of skilled workforce as well as collaboration between governments and industries to deliver valuable propositions to global offshore markets.
The awards were announced by the NOA at a ceremony that was attended by more than 350 professionals from Britain’s outsourcing industry. The NOA is Europe’s first association for the outsourcing industry, and the NOA Awards reward innovation as well as achievements by suppliers, users and integrated teams within the outsourcing industry. Read the rest of this entry »
posted by Glen Stidolph in Outsourcing, BPO Business Process Outsourcing, Malaysia |
