CELEBRATING THE BEST OF THE BEST

CELEBRATING THE BEST OF THE BEST

The 3rd British Malaysian Chamber of Commerce (BMCC) Business Excellence  Gala Night 2022 recognised and celebrated the outstanding work and results achieved by corporations of UK and Malaysia across a range of achievement categories. The gala dinner received overwhelming response as it was attended by over 400 guests from relevant industries and they were regaled to an exclusive three-course dinner served by the first-ever international outlet of Gordon Ramsay Bar & Grill Sunway City Kuala Lumpur.

The gala dinner allowed notable stakeholders from the industry, high-ranking government officials and prominent industry leaders, to meet each other informally in an atmosphere of genial conviviality, with no set business agendas.

 A cocktail and canapé session beforehand served as a prior icebreaker for those attending the gala dinner for the first time.

Among the distinguished guests who graced the event include the guest of honour Dato’ Sri Dr. Adham Bin Baba, Minister of Science, Technology and Innovation, Jennifer Lopez, Chief Executive Officer of BMCC, Abrar Anwar, Chairman of BMCC, Richard Graham, Member of Parliament and UK Prime Minister’s Trade Envoy to Malaysia and H.E. Charles Hay MVO, the British High Commissioner to Malaysia.

 

CPC Wins Top Sustainability Advocates And Outstanding Leaders In Asia From Prestigious ACES Awards

CPC Wins Top Sustainability Advocates And Outstanding Leaders In Asia From Prestigious ACES Awards

CPC Corporation is an integrated energy group that has served in Taiwan for 75 years, with business covering oil, gas and petrochemical products.

With regards to the company’s priority environmental, social and governance (ESG) impact areas, CPC plays its part based on the 17 UN Sustainable Development Goals (SDGs) and Taiwan Sustainable Development Goals, and at the same time, incentivises its stakeholders to contrive win-win situations towards a more sustainable future.

These ESG impact areas are identified and managed based on such constituents: Environmental – the enforcement of clean production and environmental protection, and an effective use of resources, including water and energy, and advocacy for environmental protection with full transparency as short-, medium- and long-term goals are subsequently set; Social-an emphasis on social responsibility and the expansion of service scope and uphold the original philosophy of “take from society, give back to society”, and prosper with all stakeholders; and Governance – the research and development of various business areas, and while adhering to government regulations and international standards, continuing to drive corporate growth and operating performance with the ESG considerations further implicated across its product and service design and delivery as well as its corresponding value chain through rigorous criteria and evaluations.

Acting Chairman and President Shun-Chin Lee makes work safety a priority at CPC Corporation, Taiwan to ensure a stable and trustworthy company that cares for people.

As Acting Chairman today, Lee is also faced with the huge task of strengthening the company’s energy transition efforts in line with Taiwan’s carbon reduction commitments. Armed with the four core business concepts of CPC – safety, stability, innovation, and harmony – Lee is committed to leading the company towards making its greatest contribution to Taiwan’s economy and ecology. He aims to achieve these responsibilities through continuous investment in R&D and innovation, en route towards a diversified transformation for the CPC brand.

With Lee’s hard-earned recognition as the first corporate leader of Taiwan’s public and private enterprises to win the ACES Award for Outstanding Leaders in Asia, CPC stands as a beacon for other Taiwanese companies to seek international acclaim to boost the nation’s presence as well as their own reputation.

“CPC Corporation, Taiwan – To provide customers with supreme quality, reliable energy supplies and services as a key contribution to Taiwan’s economic prosperity.”

Source: CPC Corporation, Taiwan via PR Newswire

Hong Leong Bank Launches Financing Facility for Solar Power System for Homes

Hong Leong Bank Launches Financing Facility for Solar Power System for Homes

Hong Leong Bank and Hong Leong Islamic Bank (“HLB” or the “Bank”) have introduced HLB Solar Plus Loan/Financing-i, a new green energy financing facility for home owners to seamlessly apply for financing of solar power energy systems together with their home loan/financing application.

Open to both new and existing HLB Home Loan/Financing-i customers with residential homes either under-construction or completed, the HLB Solar Plus Loan/Financing-i, offers a margin of financing up to 105% on the property value, with flexible financing options starting from RM15,000 up to RM60,000 for a three-to-ten-year tenure, or up to the age of 70 of the main borrower upon maturity of the loan, whichever is earlier.

As a start, the Bank has partnered with solar powered energy system specialists ERS Energy and Solaroo Systems to provide a comprehensive one-stop installation, commissioning, operations and maintenance services to its customers.

Domenic Fuda, Group Managing Director and CEO of HLB shared, the HLB Solar Plus Loan/Financing-i is another initiative from the Bank to support Malaysia’s target of increasing the installed capacity for renewable energy to 31% by 2025 and 40% by 2035.

“We believe that financial institutions are critical components in helping steer the transition towards sustainable sources of energy. Renewable energy has significant growth potential to support the country’s low carbon economy agenda, as well as long-term advantages for households with energy cost savings, cushioning against future rise in energy costs and reducing carbon footprint,” said Fuda.

“Although the solar power energy market for residential homes in Malaysia is still nascent, we are getting a lot of interest especially from new home buyers who are keen on the renewable energy lifestyle for their new homes,” Charles Sik, HLB’s Managing Director of Personal Financial Services said.

“This new financing facility aims to meet this demand by easing the financing process where customers with homes under construction or completed, can apply for solar panel financing together with their mortgage application, unlike conventional methods of only offering solar panel financing for completed homes. It also helps homeowners spread the cost of both purchasing and installing the solar panel over the course of several years, and enjoy a reduction in their monthly electricity bills of 50% to 80% depending on the installed capacity.”

Source: Hong Leong Bank

Samsung Malaysia And Universiti Malaya STEM Centre Announce Winners Of Solve For Tomorrow 2021

Samsung Malaysia And Universiti Malaya STEM Centre Announce Winners Of Solve For Tomorrow 2021

Samsung Malaysia Electronics and Universiti Malaya’s STEM Centre announced the winners of the Solve for Tomorrow 2021 competition which kicked off on 14th July 2021 and culminated in a Finale Presentation & Prize-Giving Ceremony today. Team ‘TAZ’ from Malacca’s St. Francis Institution bagged the first prize for their innovative idea to develop an app that connects Malaysian students who may leverage each other’s help to further their knowledge in a particular subject. The 2nd and 3rd place winners were Team ‘Fintech Semporna’ from MRSM Semporna in Sabah and Team ‘Climate Crew’ from Kolej Genius Insan in Negeri Sembilan respectively. Consolation prizes were awarded to Team ‘The Inventors’ from SMK Rantau Panjang in Selangor and Team ‘Ardent Learners’ from SMK Seri Bintang Utara in W.P Kuala Lumpur. 

After months of research, dedication and hard work, the five finalists presented their ideas and prototypes through a virtual presentation to a panel of esteemed judges comprising of experts from Samsung Malaysia and professors from Universiti Malaya. Their creativity and innovative solutions in tackling issues in the areas of ‘Environmental Sustainability’ and ‘Access to Education’ strengthened their knowledge and passion for Science, Technology, Engineering and Mathematics (STEM), while helping the Malaysian community at large. 

Dato’ Roh Jae Yeol, Director of Corporate Affairs, Samsung Malaysia Electronics said, “We are impressed with the unique and highly innovative ideation and execution by the participants of the competition this year. These high-achieving, exceptional young students have developed solutions to real-life problems faced by our communities. Through Samsung’s Solve for Tomorrow, we aim to provide the younger generation with a solid platform to learn, grow and pursue a career in STEM.” 

(1st Place Team TAZ with Judges)

 

1st prize winners, Team ‘TAZ’ from St. Francis Institution, Malacca developed an educational app that connects Malaysian students who may leverage each other’s help to further their knowledge in a particular subject. The team is awarded Samsung products worth RM12,000 that will be presented to the school and each student will receive Samsung products worth RM6,000. 

The 2nd prize went to Team ‘Fintech Semporna’ from MRSM Semporna, Sabah who identified the potential use of producing bioplastic materials from green seaweed. Team ‘Fintech Semporna’ is awarded Samsung products worth up to RM10,000 for their school, while each student will be given Samsung products worth up to RM5,000. 

The 3rd prize was awarded to Team ‘Climate Crew’ from Kolej Genius Insan, Negeri Sembilan who developed a Recycling Tracking Application called “myPLANET” to encourage people to participate in the noble act of recycling. The team will receive Samsung products valued up to RM8,000 for their school and each student will receive Samsung products worth RM4,000 each.

(4th Place Team The Inventors with Teachers & Judges)

The teams in 4th place and 5th place are Team ‘The Inventors’ from SMK Rantau Panjang, Selangor and Team ‘Ardent Learners’ from SMK Seri Bintang Utara, Kuala Lumpur respectively. Each team will receive Samsung products worth RM6,600 as consolation prizes. 

The winners were selected by a panel of jurors from Samsung Malaysia and Universiti Malaya who assessed the projects based on feasibility of the idea, creativity and uniqueness of the solution, application of STEM knowledge and presentation skills.

The judges included Dato’ Roh Jae Yeol, Director of Corporate Affairs, Samsung Malaysia Electronics; Ir. Dr Mas Sahidayana Mohktar, Head of Universiti Malaya STEM Centre; Professor Dr Rofina Yasmin Binti Othman, Associate Vice-Chancellor (Industry & Community Networks), Universiti Malaya; and Professor Dato’ Dr Mohamed Shariff Mohamed Din FASc, Special Interest Group Biodiversity Akademi Sains Malaysia. 

With support from Universiti Malaya STEM Centre, Samsung Malaysia’s Solve for Tomorrow 2021 competition strived to enhance STEM knowledge amongst Malaysian youth by sparking interest in innovation and creativity. Students were challenged to identify real-life problems and develop high-impact solutions to tackle them, making STEM more engaging and fun in the process. 

“The younger generation are dealing and adapting to constantly evolving technology that is shaping the world we live in today. Samsung’s Solve for Tomorrow competition aids in strengthening students’ STEM knowledge, while encouraging them to think out-of-the-box, learn about real-world problems and find a solution, ultimately making the environment a better place for all. The standard of submissions from the teams shows their level of dedication and passion. I am certain that Solve for Tomorrow will continue to inspire young minds and nurture our STEM leaders of tomorrow,” said Ir. Dr Mas Sahidayana Mohktar, Head of Universiti Malaya STEM Centre. 

Source: Samsung Malaysia 

Hong Leong Bank Attributes Third Consecutive Year Win Of ‘Best SME Bank In Malaysia’ To Customer’s Trust And Confidence

Hong Leong Bank Attributes Third Consecutive Year Win Of ‘Best SME Bank In Malaysia’ To Customer’s Trust And Confidence

For the third year in a row, Hong Leong Bank (HLB) has been awarded the ‘Best SME Bank’ in Malaysia Awards 2021 by The Asian Banker, one of the most prestigious international awards in the financial services industry. HLB also clinched the ‘Best Cash Management’ award in Malaysia at The Asian Banker Transaction Finance Awards 2021. These two awards pay tribute to the client focus approach HLB has, ensuring the delivery of best-in-class banking and financial products and services to SME, Commercial and Corporate clients in Malaysia.

HLB was recognized for its SME customer base and loan book growth despite a challenging 2020. In the past three years, the Bank’s SME Banking loans/financing portfolio averaged over 30% growth each year; with that growth momentum continuing into its 2022 financial year.

The Bank was also acknowledged for the digital banking products and services that assisted in SMEs’ digital transformation, as well as for its robust Payment Relief Assistance Programs (“PRAP”) that ensured SMEs obtain timely assistance to alleviate financial burdens and sustain their business through the pandemic.

Domenic Fuda, HLB’s Group Managing Director and CEO said, “We are extremely honoured to be awarded the Best SME Bank in Malaysia for the third year running, and be recognized as having the Best Cash Management solution for business clients. This is a testament that our clients see us as a reliable, resilient and resourceful partner, especially during the past two difficult years.”

“As the economy reopens, we will continue to proactively support existing and new customers, helping them rebuild stronger with resiliency and more sustainably through the wide-reaching initiatives built around our customer’s recovery needs. They include relief assistance, access to loan/financing, assist with capital investments, and digital banking solutions to help businesses digitally transform in a simple and seamless manner,” added Fuda.

For the ‘Best Cash Management’ award, the Bank was lauded for its efforts to provide new innovative payment and collection solutions. Encouraged by the positive response from clients, the Bank will be expanding digital offerings to cater to the diverse needs of clients, plus expand the implementation of its corporate online and mobile banking platform HL ConnectFirst in Singapore, Cambodia, Vietnam in the 2022 financial year.

Source: Hong Leong Bank

Honoring 2021 Yidan Prize Laureates And Fostering A Global Dialogue In Education

Honoring 2021 Yidan Prize Laureates And Fostering A Global Dialogue In Education

The Yidan Prize Foundation, the global philanthropic foundation behind the world’s highest education accolade, hosted the 2021 Yidan Prize Summit and Awards Presentation Ceremony yesterday.

The global hybrid event gathered policymakers and education experts to debate and discuss the world’s most pressing education issues, and practical, innovative solutions for a better future. The event also celebrated and formally recognized the pioneering work of this year’s Yidan Prize laureates.

In a series of panel discussions, attendees discussed new ideas to bring fair, accessible, quality education to all. Themes included learning losses arising from COVID-19, scalable education solutions, and learning through play. UNESCO’s report on ‘Reimagining Our Futures Together: A New Social Contract for Education’ was also addressed, with attendees discussing the importance of education in ensuring a prosperous future for children.

In one panel, Professor Eric A. Hanushek, 2021 Yidan Prize for Education Research Laureate, and Paul and Jean Hanna Senior Fellow, Hoover Institution of Stanford University, stressed the critical role of teachers in enriching education quality. The distinguished panel of economists called for more support for the teachers tackling knowledge gaps in children.

Professor Eric A. Hanushek, 2021 Yidan Prize for Education Research Laureate, and Dr Rukmini Banerji, 2021 Yidan Prize for Education Development Laureate

Dr Rukmini Banerji, 2021 Yidan Prize for Education Development Laureate, and CEO of Pratham Education Foundation, shared why she believes children fall behind in school, and whether school curricula are too fast paced. She was joined by Professor Esther Duflo and Professor Abhijit Banerjee, 2019 Nobel Prize Laureates in Economics, to discuss how to implement meaningful changes in education—from developing scalable, effective solutions, to adapting the curriculum to every child’s level.

Panelists included Dr Sobhi Tawil, Director, Future of Learning and Innovation, UNESCO; Dr Jaime Saavedra, Senior Director, Education Global Practice, World Bank Group; and Professor Ludger Woessmann, Professor of Economics, University of Munich, among others.

The event concluded with an awards ceremony celebrating the remarkable achievements of this year’s Yidan Prize laureates. Professor Hanushek and Dr Banerji were formally awarded the 2021 Yidan Prize for Education Research and Education Development in recognition of their ground-breaking work to improve education quality and outcomes for learners at scale. 

Dr Charles CHEN Yidan, Founder of the Yidan Prize said: “Today, we celebrate Professor Hanushek’s and Dr Banerji’s work. In a world that is recovering from the pandemic, we need more effective innovations. Let’s reimagine the future: A future where innovations bring real and impactful change. This is a future we can create and a world we would all be very happy to be part of. Together, we can create a better world through education.”

Through its network of innovators, the Yidan Prize Foundation supports ideas and practices in education—specifically, ones with the power to positively change lives and society. The Yidan Prize is an inclusive education accolade that recognizes individuals or teams who have contributed significantly to education.

Source: Yidan Prize Foundation