The Cha-Ching Curriculum is a collaboration between Prudence Foundation and JA, that educates primary school students on fundamental concepts of money management, business, and financial literacy. The Cha-Ching Curriculum is being actively rolled out at schools in 5 states in Malaysia namely Penang, Perak, Selangor, Kuala Lumpur and Putrajaya. This had come after a series of Train The Teachers workshops were held to show the teachers how to successfully conduct the Cha-Ching Curriculum.

The Cha-Ching Curriculum in its first year in Malaysia has done immensely well as more than 20,000 students from 186 schools were chosen to take part in this curriculum in the aforementioned states. With the help of the district education officer, school visits are taking place to ensure that the program is being carried out in a successful manner and whether it meets the objectives of the program.

Moreover, JA Malaysia has visited six schools in Penang and Kuala Lumpur and thus far it has been a very successful program for the children and the teachers. We wish all the best to the teachers and students as they run the Cha-Ching Curriculum in their respective schools.

Ramzi Toubassy, CEO, AmMetLife, was elected by the new AMCHAM Board, as president of The American Chamber of Commerce in Malaysia (AMCHAM) effective June 4, 2017. As an insurance industry expert, Ramzi is a prominent personality in Malaysia and other parts of Asia and brings with him over 20 years of industry experience. Ramzi was appointed as Chief Executive Officer for AmMetLife Insurance Berhad in 2014.

Following the Chamber’s Annual General Meeting (AGM), which was held at the end of May, seven members were elected as Governors to the AMCHAM Board. Steven R. Clayton, CEO and Managing Director, JPMorgan Malaysia and Chin Keat Chyuan, Managing Director of Johnson & Johnson Malaysia were elected alongside returning Governors: Janet Yap, Country Managing Director of Accenture Malaysia, Sanjeev Nanavati, Managing Principal of Falcon Associates, Datuk Tim Tariq Garland, Capital Markets Communications Consultant of TBWA Malaysia, Dato’ P’ng Soo Hong, Managing Director of First Solar Malaysia and Tony Del Rosario, General Manager – ASEAN Big Region – Malaysia, Singapore, Vietnam, Cambodia & Myanmar of Coca-Cola Far East Ltd. Each will hold office for two years, until 2019.

They join the following Governors who are in the middle of their two-year terms:

  • Anushia Soosaipillai, Senior Executive Director – PWC of PricewaterhouseCoopers Malaysia
  • Hari Nair, Group Chief Strategy & Innovation Officer of Sime Darby Berhad
  • Kang Tae Koo, Managing Director of Philip Morris (Malaysia) Sdn Bhd
  • Ong Yuh Hwang, Chief Executive Officer of Procter & Gamble Malaysia, Singapore & Brunei
  • Robin Martin, Managing Director of Intel Technology Sdn Bhd.

Tony Del Rosario and Anushia Soosaipillai were also appointed to the Executive Committee.

AMCHAM’s Board of Governors represent some of the best known multinational companies in Malaysia and collectively represent approximately USD2.2 billion in market capitalization. Together with the staff at AMCHAM, they are committed to creating value and servings member interests. AMCHAM is the voice of American business in Malaysia and we hope that 2017 will be another fulfilling year.

PUTRAJAYA: The upcoming Budget 2018 places more emphasis on the need to provide tax incentives that focus on the development of the fourth industrial revolution (Industry 4.0).

Second Finance Minister Datuk Johari Abdul Ghani said this would be in line with the Government’s effort to promote high-technology industries and minimise dependency on manpower.

“These include sectors involved in automation, robotic development, big data and others which are being promoted by the Government,” he said.

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Things are looking up for Malaysia, with more foreign investors cashing in on the country’s improving economy and strengthening currency, market participants told CNBC on Tuesday.

The Malaysian ringgit has been one of the best-performing currencies in the region this year, while domestic stocks have gained around 8 percent. In fact, the country’s brightening prospects received a nod from the International Monetary Fund, which on Monday upgraded its growth forecast to 4.8 percent from 4.5 percent.

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