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PUTRAJAYA – Prime Minister Datuk Seri Najib Tun Razak today launched a programme aimed at enhancing bumiputera involvement in careers providing a monthly income exceeding RM20,000.

The Super High Income Programme (SHIP) would focus on middle-income earners with relevant working experience, he said at the launch after chairing a meeting of the Bumiputera Education Leadership Foundation.

Najib said the focus would be on industries that needed skilled and professional manpower, such as the financial services industry, business services, health, maritime and aerospace.

“Such a high income can be achieved through specialised training and certification in the selected fields,” he said.

The Prime Minister said the courses under Bank Rakyat financing would be for a duration of between three and five years.

He said applications for participation would open at the end of the year, and the first phase would involve 50 beneficiaries with a maximum financing of RM10 million in the financial services, health and technology industries.

“The following phase will start in 2018 with the introduction of more areas of expertise and industries in stages and involve 250 recipients,” he added.

Najib said an incentive would be given for the programme participants, with those completing the specialisation course considered for a maximum 20 per cent reduction in the loan.

Those interested could obtain more information on the programme at the website of the Bumiputera Education Leadership Foundation, he said.

Najib also said that the Bumiputera Education Leadership Foundation was on the right track in the quest to develop bumiputera talents through the financing of three programmes – Peneraju Tunas, Peneraju Skil and Peneraju Profesional.

He said the foundation achieved the target of developing more than 16,000 bumiputera talents through more than 200 programmes with funding of RM435 million.

“This means that 40 per cent of the target to develop 40,000 bumiputera talents by 2020 has been achieved. At the end of this year, this number will increase to 20,000 as targeted,” he said.

Najib said the meeting today also discussed the Key Performance Indicators (KPI) that had been achieved, and there had been quantum leaps in some areas.

Citing an example, he said the rate of employment of the beneficiaries had risen to 90 per cent compared to 77 per cent in the previous year.

At the event, Najib launched the second edition of the foundation magazine #iniceritasaya which is a collection of stories of the aspirations and success of young people.

He said the second edition of #iniceritasaya proved that young people were able to achieve their ambitions as well as inspire the public with their success stories.

Najib urged youths to take on the challenge of raising their income and careers through the programmes conducted by the foundation.

“Although it is moderate, the beneficiaries are able to achieve their dreams because the government of today is concerned about their future. The Bumiputera Education Leadership Foundation gives new hope to the recipients,” he said.

Minister in the Prime Minister’s Department and chairman of the foundation executive committee Datuk Seri Abdul Rahman Dahlan and foundation chief executive Raja Azura Raja Mahayuddin were also present at the event. – BERNAMA

KUALA LUMPUR – A total of RM108 billion was generated through all the initiatives under the two Bumiputera Economic Empowerment Agendas until March this year.

The two agendas were the Bumiputera Economic Transformation Roadmap, which was launched in 2011 and the Bumiputera Economic Empowerment in 2013.

Prime Minister Datuk Seri Najib Tun Razak said of the amount, RM80 billion was from business opportunities provided for Bumiputera, especially RM54 billion through the ‘Carve Out and Compete’ policy.

“The best example of Carve Out and Compete, which I want to share (with you), was the success of the first phase of the mega InfraRakyat project, that is along the 51km MRT Sungai Buloh-Kajang.

“For the MRT Phase 1 project alone, of the value of the RM21.2 billion project development package, as much as 51 per cent have been awarded to Bumiputera contractors,” he said when launching the Bumiputera Wellbeing Transformation here today.

He said the Carve Out and Compete policy provided space and opportunities to Bumiputera companies to get contracts and participate in mega projects offered by the government, government-linked companies and the private sector on merits among themselves.

Besides the policy, he said there were many other initiatives introduced under the two agendas such as high-performing Bumiputera companies (Teras), the Facilitation Fund and Yayasan Peneraju Pendidikan Bumiputera.

He said under the Teras programme, 1,014 companies had been given support in the form of capacity building and financing.

“Let me inform you that until March 2017, a total of 306 Teras companies had received funding approvals for the purchase of assets and working capital valued at RM1.3 billion,” he said.

He said through the Facilitation Fund, an incentive to encourage Bumiputera private investment, the prime minister said 469 projects were approved for financing.

Najib said the Bumiputera Economic Empowerment Agenda launched in 2013 brought forth the Bumiputera Economic Council, the Bumiputera Economic Startups Scheme (SUPERB) and the Bumiputera Economic Empowerment Unit.

He said SUPERB, which was allocated an initial capital of RM100 million had helped 125 young people to crystalise their business ideas with total grants worth RM65.5 million provided.

He said these achievements should not stop there, but through the findings of the Bumiputera Economic Transformation Roadmap 2.0 Syndicate Lab, several improvements were recommended and they would be taken into consideration.

Hence, he said the Bumiputera Wellbeing Transformation or TKB resolved to inspire the community and its entrepreneurs to be more enterprising, competitive, creative and innovative and ready to compete globally.

— BERNAMA

SIBU – The first Bumiputera to hold the post of deputy chairman of Sibu Municipal Council (SMC) since it was estabished 35 years ago, will be installed next week.

Assistant Minister in the Chief Minister’s Office (Science and Biotechnology Research) Dr Annuar Rapaee said the state government had issued the appointment offer letter for the post to Rogayah Jamain, 53, recently.

“I am very grateful to the Chief Minister (Tan Sri Adenan Satem) for giving the opportunity to the Bumiputera, an appreciation of the Sibu Bumiputera community for their loyalty to the government all this while,” he told reporters at the Sibu division Malay/Melanau community chiefs gathering here last night.

Dr Annuar, who also also Nangka assemblyman, said he was confident with Rogayah’s ability to perform her duties as SMC deputy chairman as she had helmed a bank in this town.

Hence he said the selection to any political appointment post in SMC, including deputy chairman, was not necessarily from among the ruling political party members.

PBB, which would have seven party members to be sworn in as SMC councillors next week, could recommend to the government anyone that it considered as eligible and capable of performing their duties and there were no regulations stating that only party members could be appointed, he said.- BERNAMA

KUALA LUMPUR: Ekuiti Nasional Bhd or EKUINAS has so far invested RM2.5 billion in potential growth-stage companies to increase Bumiputera corporate equity ownership.

EKUINAS, which was set up in 2010 to promote sustainable Bumiputera economic participation, invested in the oil and gas, services and health care sectors, among others, according to the Economic Report 2015/2016.

To strengthen Bumiputera participation in the entrepreneurship ecosystem, Unit Peneraju Agenda Bumiputera or TERAJU was introduced which draws up programmes that encourage innovative and creative business ideas from startup companies.

The programmes include the Bumiputera Entreprenurs’ Startup Scheme (SUPERB) competition with grants of up to RM500,000 for the winners.

Since 2013, SUPERB has awarded RM30 million to 60 winners who have operated for less than three years.

TERAJU, through the Malaysian Design Development Centre, has spent RM10 million since June 2015 on a pre-export programme for high-performing Bumiputera companies to help them penetrate the international market.

As of June 2015, RM9.1 million has been spent to help Small and Medium Enterprises expand their businesses and be globally competitive.

To develop Bumiputera human capital, emphasis continues to be given to providing education loans for further studies in both local and overseas institutions, with RM1.9 billion spent as of August 2015.

Apart from that, RM28.4 million has been spent up to August 2015 for the Skim Prihatin Pendidikan 1Malaysia, benefiting 4,522 students pursuing undergraduate or masters degrees.

To increase the number of certified Bumiputera accountants from 8 per cent in 2014 to 25 per cent by 2020, the Centre of Professional Accountancy was launched with the cooperation of the Malaysian Institute of Accountants which saw the enrollment of 330 students in various professional accounting programmes.

— BERNAMA

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today announced that the Yayasan Peneraju Pendidikan Bumiputera will allocate RM72 million for the development of about 5,000 Bumiputeras next year.

He said 500 of them would receive scholarships through the ‘Peneraju Tunas’ scheme; 3,500 through the ‘Peneraju Skil’ scheme and between 800 and 1,000 through the ‘Peneraju Profesional’ scheme that would include 500 pursuing accounting programmes.

The accounting programmes would encompass basic certification programmes such as CAT, CFAB, CAB-CIMA and professional certification programmes such as ACCA, CIMA, CPA Australia, ICAEW and MICPA-ICAA, he told a news conference after chairing a meeting of the Yayasan Peneraju board of trustees here.

Najib also said that the foundation would look into the second wave of scholarships to be given out between 2015 and 2017.

“Applications have been made for allocations. We will announce the subsequent programmes,” he said.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed and Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah also attended the meeting as members of the board. Also present was foundation chief executive Raja Azura Raja Mahayuddin.

Yayasan Peneraju began operations in February 2012 with the objective of fulfilling the government aspiration to ensure that Bumiputeras can be competitive and contribute to national economic growth to enable Malaysia achieve developed nation status by 2020.

It is a trust fund established to ensure that the capability and expertise of Bumiputeras continue to be developed to enable them to be competitive on a global scale.

Yayasan Peneraju is a component of the Bumiputera Economic Transformation Roadmap under the Economic Planning Unit of the Prime Minister’s Department.

Najib, who is the finance minister, said more than 4,000 people had received the first wave of scholarships, up to this year, under the Peneraju Tunas, Peneraju Skil and Peneraju Profesional schemes since the foundation started operations. –Bernama