No. Event
1Talk Series: FinTech landscape and its future 26th of January 2022


A FinTech webinar titled "FinTech landscape and its future" was organised on 26 January 2022 (Wednesday) via Microsoft Teams. The organising units include the Faculty of Accountancy and Management (FAM) (Department of Finance) and the Centre for Entrepreneurial Sustainability (CENTS). This webinar has created awareness among staff and students about FinTech and reached out to students from foundation study for the new FinTech program. Ms Jeena shared her knowledge with staff and students about the latest trend and development in FinTech. Ms Jeena started the webinar by explaining the definition of fintech and its usage. She said, "Fintech or financial technology refers to the software, algorithms and applications to digitise financial services using mobile and computer tools".

Ms Jeena concluded her talk with the topic of Bitcoin and Blockchain and their relation to fintech. She explained that bitcoin is the first decentralised cryptocurrency using blockchain technology and that the purpose of which is to facilitate payments and digital transactions. Ms Jeena is the co-founder and CEO of FortNynja, a cybersecurity company interested in tackling the talent drought in cybersecurity and fintech in the APAC region via E-FinTech School APAC. She won 40 under 40 - Prestige Malaysia 2020, Top 100 Women in Fintech (Global) 2021, by Fintech Magazine with IBM, and Top 15 Women in Fintech (APAC) 2021. She is also a co-author of the Regtech Book: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries in Regulation. This webinar session concluded with an interactive Q&A session and a group photograph.

2International Conference:  The 3rd International Conference on "Transforming Business through Digitalisation: Insights, Tools and Techniques." 25th of February 2022


The digital transformation journey of any business is a period of organisational turbulence, even in the best of global conditions. It is a time of convergence between Information Technology (IT) and Operational Technology (OT). The 3rd International Conference on "Transforming Business through Digitalisation: Insights, Tools And Techniques" was organised by the College of Management, SRM Institute of Science and Technology, Ramapuram Campus, Chennai, in collaboration with UTAR on 25 February 2022, to enable researchers and experts from the field to explore the need for digitisation in the present business and find solutions and tools to transform digital business and close gaps in businesses in the era of digitisation. In the conference held via Zoom, the Centre for Entrepreneurial Sustainability (CENTS) or the Faculty of Accountancy and Management (FAM) Deputy Dean for R&D and Postgraduate Programmes, Dr Pok Wei Fong presented a keynote address titled "E-commerce adoption Readiness and Need Identification in the Timber Industry". In her presentation, she spoke about the overall contribution and challenges faced in the timber industry, Malaysia's e-commerce rising trend, the policy landscape of Malaysia's e-commerce and network connection, marketing and delivery services, factors hindering the adoption of e-commerce in the timber industry and other related topics.


Dr Pok said, "Almost all timber companies, especially in Peninsular Malaysia, have adopted basic ICT devices and tools. The adoption rate of computers and internet access has surpassed the national average. Timber and timber product companies do not fully tap into web-based technologies to explore business opportunities, citing cost constraints and a lack of business expertise. Thus, ICT usage needs to be enhanced in the timber industry."








Advisory board members from UTAR were Dr Pok, FAM Head of Economics Department Dr Sia Bik Kai and FAM academic Dr Yeong Wai Mun. Previously, UTAR and SRM signed MoU on 22 February 2022 to facilitate staff and student exchanges, mutual visits by staff for research, training, seminars, conferences, talks, lectures and workshops, and collaboration in joint research projects. The international conference is one of the many collaborations between the two parties. This conference concluded with an interactive discussion among all the conference presenters and a group photograph.
Refer to the link: https://news.utar.edu.my/news/2022/March/08/04/04.html.

3Talk Series:  Global Career 8th of April 2022


The Faculty of Accountancy and Management (FAM) Department of International Business and the Centre for Entrepreneurial Sustainability (CENTS) organised a Global Career webinar on 8 April 2022.

Speaking at the webinar was TDCX Global Chief Human Resources Officer-cum-Executive Vice President, Mr Lim Chee Gay, who talked about managing personal career development by identifying the purpose, skills, knowledge, qualifications, work culture and life needs. In the webinar, Lim also shared his experience working in Intel, Astro, T Systems, Samsung and AIA, as well as TDCX and how Plan, Do, Check, and Act (PDCA) is crucially applied in the workplace.

Mr Lim has more than 25 years of experience in Human Resources (HR), manufacturing, IT and supply chain. This varied experience has enabled him to reinvent and transform HR outside-in during his career. He has managed diverse and large teams globally. He has held management and board positions at the country, regional and global level over the years and is also a well-known international speaker. His key areas of focus include group-level HR transformation, talent acquisition, talent retention, talent development, building the best employer brand, digitised HR processes, data analytics, and strengthening operation excellence in HR for sustainable growth.

He further emphasised that graduates must remain tech-savvy instead of tech-averse and stay connected. "Graduates should digitise their profile and keep up with the digital trends. Invest the necessary time on online platforms such as Facebook, LinkedIn, virtual seminars, and even career fairs for job openings or professional networking opportunities," he added. Mr Lim concluded some essential action plans to sustain a global career, "A goal without a plan is just a wish, managing your career is a journey, do the best each day, make a difference, enjoy what you are doing and stay positive."

The webinar ended with an interactive Q&A and a group photography session.
4Talk Series: Investment Outlook in RCEP Markets 12th of April 2022


The Faculty of Accountancy and Management (FAM) Department of Finance and the Centre for Entrepreneurial Sustainability (CENTS) organised a webinar titled Investment Outlook in RCEP Markets on 12 April 2022. The Portfolio Manager of UOB Asset Management (Malaysia) Berhad, Mr Alan Low, was invited to speak. Alan Low has eight years of investment-related experience in the financial industry. Before being an equity fund manager with UOB Asset Management, he was a fixed-income analyst at the Foreign Asset Management with research coverage across the Asian market. UOB Asset Management (Malaysia) Berhad is one of UTAR's MoU partners.

The webinar aimed to keep UTAR staff and students updated on the latest global economic and business developments. The speaker also shared the industry experts' view and analysis on Regional Comprehensive Economic Partnership (RCEP) financial markets and identified some sustainable investment opportunities. Among the topics covered at the webinar were the objectives of RCEP; tariff removal on 90% of goods; beneficiaries of RCEP; RCEP winners and losers; tariff concession; expected trade impact; exports and foreign direct investment (FDI) thriving; ASEAN economy reopening, commodity exporters stand out; stability boosts flow to ASEAN, ASEAN economic indicator and so on. Alan Low kick-started the webinar by giving a quick overview of the RCEP market. He said, "RCEP is the world's largest free trade agreement covering 10 ASEAN Economies and five ASEAN free trade agreement partners, namely China, Australia, New Zealand, Japan and South Korea." He also mentioned that RCEP created an integrated market among 15 economies, strengthening the regional supply chain in technology, manufacturing, agriculture and natural resources to power economic growth. "Most ASEAN tariffs are already low; hence there will be a limited incremental benefit. ASEAN will reduce tariff imports from China, Japan and Korea," he said.

Alan Low concluded, "RCEP will benefit ASEAN through the accelerated flow of finished goods and increased input and investments between ASEAN and APAC/Oceania trade partners. RCEP will create greater access to Asia's biggest and strongest growth market. Malaysia and Vietnam stand to gain the most in terms of real income growth in ASEAN." The webinar ended with a Q&A session and a group photography session.

Refer to the link: https://news.utar.edu.my/news/2022/April/18/02/02.html.
5Talk Series: Marketing Strategies for a Digitally Networked World 27th of April 2022


In collaboration with Fishermen Integrated and the Faculty of Accountancy and Management (FAM), the Centre for Entrepreneurial Sustainability (CENTS) hosted a webinar titled Marketing Strategies for a Digitally Networked World on 27 April 2022 via Microsoft Teams. Fishermen Integrated Managing Director and Co-Founder Mark Darren Lee spoke at the webinar. Fisherman Integrated is a leading digital agency in Malaysia and Singapore, specialising in online content creation, digital campaigns, social media, online analytics and optimisation for brands in the digital world. The participants from the webinar gained insights into developing strategies to serve digital and social networking markets.

In the webinar, Mark Darren Lee spoke about his career progression and experience working at the World Wide Fund for Nature (WWF), Leo Burnett Group and Digi Telecommunications before he founded Fishermen. "We must continuously learn, upskill ourselves and move on to the next stage. Fishermen started with only six employees, but we have more than 60 employees now. In Fishermen, we do social media content, digital campaign, content production and analytics, search engine optimisation and media. Success comes from a lot of groundwork." During the webinar, Mark Darren Lee also shared some lessons and marketing strategies that won Malaysians' hearts "The process of creating content is tedious. We need to identify the business challenges, objectives, target audiences, and business insights. Upon identifying an objective, we must solve the problem creatively and bring the ideas to life. Look for meaningful insight, understand the competitive market, do not be afraid to try and be daring to try something new or different."

He added, "It is good to look for opportunities when competition is quiet. Ideas can include your competitors and something least expected. Collaborations and trends build traction. Opportunities come from conversations on social, and it is also an opportunity to turn social tensions into positivity. Build interactions between brands and consumers. Unexpectedness can create excitement. Timing is important, so ride on opportunities." "We need to research consumer insights based on the ideas from interviews and observations. Look for opportunities from consumer insight. Do not be afraid to be daring and try out new ideas and solutions. If you do not try, you will never know and learn. Always challenge the norm and stand out from the clutter. Create your brand to be distinctive and ownable. Find your passion, and it will drive you to do more things and change the world for the better," advised Mark Darren Lee.

This webinar session concluded with an interactive Q&A session and a group photograph.
6Talk Series Prospects and Opportunities of the World Halal Market 13th of July 2022


UTAR Centre for Entrepreneurial Sustainability (CENTS) collaborated with the UTAR Faculty of Accountancy and Management (FAM) and the Halal Centre of Excellence (Halal CoE) to organise a webinar titled Prospects and Opportunities of the World Halal Market. The webinar took place on 13 July 2022 via Microsoft Teams, with Ustaz Mohd Jabal bin Abdul Rahim, the head of Halal CoE, invited to be the speaker. Meanwhile, moderating the webinar was UTAR FAM lecturer Fitriya binti Abdul Rahim.

The webinar was mainly aimed at raising awareness about Halal's value and the opportunities the Halal market provides. The talk began with Ustaz Jabal explaining the basic concept of Halal. He stated that it is an Arabic word which means "permitted" or "lawful". On the other hand, its antonym, Haram, is also an Arabic word which means "prohibited". He then talked about the five universal objectives of Halal, which are the Protection of Deen, Life, Mind, Property and Lineage.

Speaking about halal products, Ustaz Jabal said, "When a product is deemed Halal, it means that it is using certified and proven Halal ingredients and materials. Once achieved, the product must also be Thoyyiban, which means wholesomeness. To ensure a product Thoyyiban, the product must be Halal, and the workers must properly take care of the product during the processing and production phases. If not, it will lose its Thoyyiban."

Ustaz Jabal moved on to talk about the development of Halal in the global industry. "The Halal logo is a symbol of trust, as it can help Muslims identify halal products easily and fulfil their responsibility of consuming Halal products. Meanwhile, it helps non-Muslims, especially in non-Muslim countries, to identify a high-quality product, as the logo ensures a quality product. This proves that Halal is universal as it can help both Muslims and non-Muslims," said Ustaz Jabal. He also displayed a statistic which pointed out that importers of Halal products are mostly from Muslim countries such as Indonesia and Pakistan. At the same time, the exporters consist of non-Muslim countries like Brazil and Australia.


Ustaz Jabal pointed out, "When entering the Halal industry, a company usually prioritises a Muslim country, but many of these countries enforce strict Halal regulations, like Indonesia. This becomes a trade barrier, making it difficult to enter the country. Therefore, companies must look at non-Muslim countries with a high Muslim population like India and Russia."

Speaking on the development of Halal in the global industry, Ustaz Jabal noted the three stakeholders involved in Halal certification; Authority, Industry players and consumers. "The Halal authorities control and regulate Halal implementations, issue Halal certificates, and boost the Halal industry. Meanwhile, industry players take the opportunity to cater to market demand and make Halal products based on market demand. The consumers are extremely important as they are the catalysts since they drive market demand and choose trusted halal products," said Ustaz Jabal.


The final topic that Ustaz Jabal discussed was the Halal Trade Barriers. The Halal Trade Barriers are comprised of four barriers: countries that recognise other Halal Certification Bodies (HCB), countries that recognise their Halal certificate only, countries that only recognise HCBs with ISO 17065, and countries without any restrictions. He also mentioned five issues of Halal: its definition, uncertain ingredients, fake logos, non-Halal ingredients and good manufacturing practices implementation (GMP).

The webinar ended with an interactive Q&A and photography session.

Refer to the link: https://news.utar.edu.my/news/2022/July/28/02/02.html.
7Public Forum: The Future and Current Development of Our Sports Industry 28th of July 2022


UTAR Centre for Entrepreneurial Sustainability (CENTS), in collaboration with the Faculty of Accountancy and Management (FAM), organised a public forum titled The Future and Current Development of Our Sports Industry on 28 July 2022 at UTAR Sungai Long Campus.

Invited to grace and launch the forum was the Deputy Minister of Youth and Sports of Malaysia, YB Senator Dato' Sri Ti Lian Ker. The forum was also attended by UTAR Vice President for Internationalisation and Academic Development Ir Prof Dr Goi Bok Min, who represented UTAR President Ir Prof Dato' Dr Ewe Hong Tat, FAM Dean Dr Sia Bee Chuan, CENTS Chairperson Assoc Prof Dr Mohammad Falahat Nejadmahani, UTAR staff and students. A total of three panellists spoke at the forum; they were the Dean of the Faculty of Law at Universiti Kebangsaan Malaysia (UKM), Associate Prof Dr Jady @ Zaidi Hassim, President of Malaysian Canoe Association (MASCA) Dato' Michael Wong Meng San, and UTAR Department of Student Affairs of Sungai Long Campus (DSA) Assistant Manager Nuraini binti Ibrahim. FAM lecturer Dr Angelina Anne Fernandez was the moderator.

Speaking about the sports industry in Malaysia, Dato' Ti said, "The future and the current development of the sports industry in Malaysia is huge, as sports is growing tremendously to a larger scope. It is no longer limited to a few industries like tourism, manufacturing and construction. Still, the sports industry has branched out to newer scopes, such as sports development, activities and merchandise. Our country has even developed its own local sports brands to grow the industry further, such as Al-Ikhsan, whilst creating other sports-related media like delving into the film industry to make sports films like Mat Kilau, which has proven to be beneficial and profitable."

He also touched on the e-sports sector of the sports industry and how it is being developed in Malaysia. "The current strategic plan for developing e-sports is to boost the public and stakeholders' confidence to venture into e-sports. This strategic plan will unlock its full potential, remove the misconception about e-sports and expedite its development. This strategic plan's vision is to promote a sustainable e-sports ecosystem, and the objective is to propel Malaysian e-sports to greater heights. The main aim is to put Malaysia on the map as Southeast Asia's most active and attractive centre for e-sports excellence and to ensure that young people, including athletes in e-sports, are empowered," said Dato' Ti.


Prof Goi said, "The forum today aims to enlighten us about sustainable sports development through promoting sports among youths and, in turn, promoting unity. UTAR has always supported its students competing in sports by honouring them with the Sportsperson of the Year Award and the Most Talented UTARians. Our students have also achieved numerous sports achievements throughout the years, such as being crowned champion at the Dato' Pep Kok Sam's Annual Cup Team Ping Pong Tournament, four medals at the Taekwondo Championship, and first place in the Kejohanan E-Sports Uni League 2020, to name a few."

After a souvenir presentation to Dato' Ti and the panellists, the forum officially began. One of the questions discussed at the forum was "What amounts to good governance in the sports industry, and how important is good governance towards the sustainability of the sports industry" which was directed at Dato' Michael, who answered, "The International Olympic Committee (IOC) has laid out seven points on good governance, which are Vision, mission and strategy, Structures, regulations and democratic progress, the highest level of competence, Integrity and ethical standards, Accountability, transparency and control, Solidarity and development, Athletes involvement, participation and care, and Harmonious relations with the government while preserving autonomy. We should focus on improving the sports associations by ensuring good governance before moving on to higher sports ambitions like developing the industry."


Another question which Dr Jady answered was, "What are the advantages of arbitration and mediation in resolving sports conflicts". He stated, "First, we must understand the difference between arbitration and mediation. Both involve a third party to settle the disputes, but arbitration is used to resolve more serious conflicts. There are many advantages of arbitration and mediation as opposed to the court. Firstly, the process is simpler, and a resolution can be reached more quickly. Also, settling a conflict using arbitration and mediation is cheaper, as it does not necessarily involve hiring a lawyer. Instead, anyone can be a mediator, or a licensed mediator can be hired."


In addressing the question, "What sports activities have UTAR put in place for students to join?", Nuraini replied, "There are various sports tournaments for students to participate in, such as basketball, futsal and e-sports. We also provide training for these students to prepare them for upcoming competitions or if they want to improve. For now, we have training for sports like table tennis and volleyball. Finally, we have facilities like the gymnasium for students to utilise in their free time."

 

The forum then ended with an interactive Q&A session.
Refer to the link: https://news.utar.edu.my/news/2022/Aug/01/03/03.html.
8Talk Series: Conflicts in Cross-cultural Communication 22nd of August 2022


A webinar titled Conflicts in Cross-cultural Communication was organised by the UTAR Faculty of Accountancy and UTAR Centre for Entrepreneurial Sustainability (CENTS) on 22 August 2022 via Zoom. The webinar saw the participation of more than 100 participants. Public Policy, International Cooperation & Development Specialist Ms Jasmin Johnson was invited to present the talk.

The talk began with an activity where Jasmin asked the participants to write down two conflicts they had faced recently and identify the root causes of those conflicts. She then explained that a root analysis must be done to discover the root of a conflict, and the investigation is usually done by asking the question 'why'. She also mentioned that people have different ways of identifying the root causes of conflicts.

"Some root causes of conflicts include poor communication, lack of compromise, prejudice, intolerance, self-interest, ignorance, desire for power, lack of empathy, etc. Other causes include making assumptions and not meeting one's need," she said. She then explained the sources of conflicts, including organisational change, ineffective communication, value and culture clashes, personality clashes, work policies and practices, adversarial management and competition for scarce resources.

While addressing the topic of culture, she said, "We often put culture as the cause of conflict. Culture is ever-changing and is heavily influenced by personality, politics, etc. Culture, personality and politics heavily influence analysing the root cause." She urged, "Whenever you feel the urge to put something down to "cultural conflict', try to deconstruct what culture is. Try your best to see if there are alternative paths you can take to analyse your conflict."

The webinar ended with a closing remark from FAM Dean Dr Sia Bee Chuan. Refer to the link: https://news.utar.edu.my/news/2022/Sept/05/03/03.html.
9
Talk Series: Introduction to ESG 14th of September 2022
    

UTAR Centre for Entrepreneurial Sustainability (CENTS), in collaboration with Apex Securities Berhad and UTAR Faculty of Accountancy and Management (FAM), organised a talk titled "Introduction to ESG" on 14 September 2022 at UTAR Sungai Long Campus.

The talk aimed at understanding Environmental, Social and Governance (ESG) and ways to embrace it. The speaker for the talk was the Research Manager of Apex Securities Berhad, Lee Cherng Wee. The talk was also attended by the Chairperson of CENTS, Associate Professor Dr Mohammad Falahat Nejadmahani, the Head of the Department of Finance, Dr Lim Boon Keong, and FAM lecturer Raymond Ling Leh Bin.

After a short souvenir presentation session, Lee discussed several topics. One of the topics included the definition of ESG. He explained, "ESG stands for Environmental, Social and Governance. Environmental factors refer to the impacts a company can have on living and non-living things, while social factors can affect individuals, groups or societies. Lastly, governance factors refer to the organisation's governance structure, composition, knowledge, roles and remuneration."

Lee also spoke on why ESG is trending, factoring it to higher awareness and demand from inventors, the ever-growing interest in ESG by millennials, and the rise of regulatory standards on ESG disclosure. He also shared the impacts of ESG, with some examples being product recall, corruption, environmental harm, and unfair treatment of staff. Lee then listed ESG products, including Individual Stocks, Exchange Traded Funds (ETF), Mutual Funds, and Green Bonds.


Explaining the challenges in ESG, Lee finally said, "One of the main challenges of ESG is called Greenwashing, where the company provides false or misleading information about the environmental impact brought about by them or their products." He added, "Another ESG challenge is small companies have to incur high costs and resources to implement ESG, which can affect them. Also, the data and information about the company's ESG activities may not be accurate. This is due to a couple of reasons, such as different scores provided by different rating agencies, the lack of assessment of certain companies by the rating agencies, and the fact that these ratings are based on public data such as annual reports, which are unverified and can be manipulated by the company itself."


The talk ended with a short Q&A session, a group photography session, and a speech by Apex Securities Berhad Executive Director and Head of Dealings Kong Ming Ming and two UTAR alumni currently working at Apex Securities Berhad.

10 Online Workshop My Money & Me 2022 3rd of December 2022


 


An online workshop titled "My Money & Me 2022" was held on December 3 2022, to focus on sustainable finance for youths and improve their behaviour in managing their finance. The workshop was jointly organised by the Malaysian Financial Planning Council (MFPC) along with UTAR (the Faculty of Accountancy and Management (FAM) and UTAR Centre for Entrepreneurial Sustainability (CENTS)) and Universiti Sains Islam Malaysia, and supported by the Ministry of Finance of Malaysia, the Central Bank of Malaysia, the Ministry of Youth and Sports of Malaysia and the Malaysian Youth Council (Majlis Belia Malaysia).

In addition, the online workshop was held in collaboration with financial planning providers and financial services organisations, and along with the cooperation of relevant regulatory authorities, such as Jaringan Pendidikan Kewangan (Financial Education Network - FEN), Agensi Kaunseling dan Pengurusan Kredit (AKPK), Suruhanjaya Sekuriti Malaysia, InvestSmart®, Ombudsman for Financial Services (OFS), Securities Industry Dispute Resolution Center (SIDREC), Federation of Investment Managers Malaysia (FIMM), Kumpulan Wang Simpanan Pekerja (KWSP), Persatuan Insurans Hayat Malaysia (LIAM), Persatuan Takaful Malaysia (MTA) and Lembaga Hasil Dalam Negeri Malaysia (LHDN).

"My Money & Me 2022" commenced with a remark from the Chairman of Bursa Malaysia Berhad, Tan Sri Dato' Seri Abdul Wahid Omar. He said, "The objective of this programme is to create public awareness of the importance of financial planning and the services provided by a financial planner or advisor. Besides, this programme also establishes a forum for youths to get together and express their views, knowledge and other information about financial planning in Malaysia."

"I believe that given the strong desire among youths to improve their respective socio-economic levels fundamentally. This programme can provide more systematic guidance in budgeting and better personal finance management, as it also has been recognised by United Nations' UNESCO. The application of financial knowledge can improve the positive financial behaviour of youths by following scientific programmes for some particular time," he added.

Tan Sri Abdul Wahid concluded his speech by saying, "I hope at the end of this programme, the youths will pick up the importance and basic concepts and skills of financial planning. I also hope they can analyse and understand their financial status, and through such awareness make behavioural changes on money management."

Themed 'Build Your Future: Be Smart About Money', the online workshop was divided into four main components of financial planning, namely Asset Accumulation, Asset Protection, Asset Management and Asset Distribution. It also featured ten renowned speakers, namely Encik Kamarul Rozmaz from Suruhanjaya Sekuriti Malaysia, Encik Shahrul Nizam Zainol from FIMM, Encik Muhammad Nizam bin Muhammad from Bank Negara Malaysia, Puan Kamsimah binti Mohamed and Puan Winnie Chan Shiau Fang from OFS and SIDREC, Puan Rohanizam binti Talib from AKPK, Encik Mohd Yusnizam bin Yusof from LHDN, Puan Mogana from KWSP, Cik Sharizad Ghouse from LIAM and MTA and Tuan Hj Rafie bin Omar from MFPC.

During the "Asset Accumulation" component, Encik Kamarul Rozmaz shared his topic titled Silap Labur Duit Lebur. On the other hand, Encik Shahrul Nizam Zainol presented on Skim Amanah Saham dan Skim Persaraan Swasta untuk Pelaburan Masa Depan. As for “Asset Protection” segment, Encik Muhammad Nizam bin Muhammad emphasised on Elak Penipuan Wang while Puan Kamsimah binti Mohamed and Puan Winnie Chan Shiau Fang spoke on Perlindungan Pengguna Kewangan: Peranan OFS and SIDREC dalam menyelesaikan Pertikaian Kewangan.

The workshop continued with the presentation on "Asset Management". It saw Puan Rohanizam binti Talib presenting on Pengurusan Kewangan Berhemat, Encik Mohd Yusnizam bin Yusof sharing on Manfaat Cukai untuk Kemakmuran Bersama, Puan Mogana sharing on Perancangan Persaraan and Cik Sharizad Ghouse presenting on Kepentingan Perlindungan Insurans &Takaful dan Kepentingan Penamaan. Lastly, the workshop ended with the "Asset Distribution" segment, whereby Tuan Hj Rafie bin discussed Perancangan Perwarisan.

During the workshop, the youths were allowed to meet virtually with experts from the Employees Provident Fund. For those who are debt-ridden, the financial counsellor from the Agency Credit Counselling and Management offers counselling services in debt management. The MFPC also organises various yearly programmes, including a free financial consultation session.

Refer to the link: https://www.youtube.com/watch?v=UmzW4e7NIKQ.
11 Competition Retirement Planning Competition 2022 5th of December 2022


Organised by the Centre for Entrepreneurial Sustainability (CENTS) and the Faculty of Accountancy and Management (FAM) in collaboration with UTAR's MoU partner Private Pension Administrator Malaysia (PPA), the final round of the Retirement Planning Competition 2022 took place on 5 December 2022. A total of five teams were present to pitch their ideas.

The competition was attended by the CEO of PPA, Encik Hussaini Hussin, FAM Dean Dr Sia Bee Chuan and the panel of judges, namely Principal Asset Management Berhad Retirement Service Head Shirley Foo Yark Ley, Adjunct Prof of Taylor's University and Manager of AKPK Dr Desmond Chong, Non-Independent Non-Executive Director of Silverlake Axis Ltd Chee Hin Kooi, Corporate Engagement and Management Manager of PPA Samantha Loh and CENTS Chairperson Dr Falahat Nejadmahani.


The competition aimed to instil and develop financial literacy and interest in investment among participants. It also aimed to bring awareness of the importance of financial planning and understanding the different life cycle stages, unit trust performance measures and future retirement planning to the participants.

The competition was supported and sponsored by Private Retirement Scheme Provider— Principal Asset Management Bhd. The prizes were given in the form of PRS units. The Champion team walked away with the RM500 PRS unit (each member), while the first and the second runner-up teams walked away with the RM300 and RM200 PRS units (each member), respectively. The two finalists team took home RM100 PRS units each. The total prizes were RM6,000 worth of PRS units.

 
 

The competition ended with a group photography session.
Refer to the link: https://news.utar.edu.my/news/2022/Dec/23/08/08.html.