Latest news with #AHCDIS
The Star
6 days ago
- Business
- The Star
Sim: Investing on human resources will ensure further growth
KUALA LUMPUR: It is time for Asean countries to work together to become a self-sustainable region in the face of economic uncertainties arising from conflicts between global powers, says Steven Sim. The Human Resources Minister said this must include improving the sustainability of key sectors of economic and human resource (HR) development for all Asean countries. He called on the region to enhance its collaboration on human development by sharing best practices and solutions to regional challenges. 'Malaysia itself spends RM80bil on education annually, with up to another RM7bil on skills education, making it almost RM100bil spent a year on HR development. 'If this number is an average even among just 10 of our Asean member states, we are looking at about a trillion budget a year from Asean governments alone for HR development. 'This is why initiatives like the Asean Human Capital Development Investment Symposium (AHCDIS) are key to help us better utilise our HR best practices and solutions among us. 'Combined with our almost 60-year long collaboration as its core, we must utilise our logical and natural tendency to work towards making our economies sustainable,' he said in his speech during AHCDIS here yesterday. Sim said this was especially due to the current turmoil of global geo-economic dynamics that could leave Asean countries to suffer economically. 'For the last half decade, our region has been defined by its mass production model economy, offering low- to mid-skill and low-cost labour input for everyone, which has lifted many members from poverty. 'But it has become unsustainable to offer continual cost cutting to the global economy, especially in an age where global players are calling for more inward nationalism and declining global cooperation. 'We are now constantly depressed and threatened by the big boys despite decades of offering cheap labour and resources to build some of their biggest companies in our region,' he added at the two-day event here. AHCDIS is part of the Human Resources Ministry's Asean Year of Skills (AYOS) 2025 initiative and organised by Human Resources Development Corp (HRD Corp) in collaboration with the International Labour Organisation (ILO) and supported by the Asean Secretariat (ASEC). HRD Corp chairman Datuk Abu Huraira Abu Yazid said the symposium seeks to provide a platform for all stakeholders to explore innovative workforce skills financing solutions. 'This symposium is not just a gathering of experts but a regional action platform where policymakers, employers' organisations, worker representatives, development partners and education institutions come together. 'They can then use this collaboration to identify actionable solutions, share best practices and build momentum for long-term investments in human capital across the region,' he said in his speech at the event. AYOS 2025 organising chairman Rony Ambrose Gobilee said the symposium serves as a key platform to help industries shape and train their workforce for a sustainable future. 'Skills in digitalisation. and technical and vocational education and training (TVET) in particular, are the focus of the symposium as they are the most key skills going into the 21st century. 'While knowledge of concepts is important, these two skills (digitalisation and TVET) will be the most in-demand if we wish to become a sustainable economic region,' he added.
The Sun
6 days ago
- Business
- The Sun
ILO, ASEAN sec-gen praise Sim's leadership in skills development
KUALA LUMPUR: Human Resource Minister Steven Sim Chee Keong has received high praise from the International Labour Organisation (ILO) and ASEAN secretary-general Dr Kao Kim Hourn for his visionary leadership in advancing skills development and human capital investment across the region. Ministry of Human Resources (KESUMA) in a statement said the recognition comes as Malaysia, under its ASEAN Chairmanship hosted the ASEAN Human Capital Development Investment Symposium (AHCDIS), here today. According to the statement, Kao praised Malaysia's commitment, expressing his appreciation to the ministry and the Human Resource Development Corporation (HRD Corp) for their visionary leadership in launching the ASEAN Year of Skills 2025 (AYOS 2025) as a flagship initiative under Malaysia's ASEAN chairmanship. 'This symposium provides a timely and meaningful platform to reaffirm our collective commitment to investing in our people, the true architects of ASEAN's growth and the foundation of ASEAN's resilience and progress,' Kao said. The symposium brought together around 300 key stakeholders from across ASEAN to discuss strategic investments in skills and human capital development. Themed 'Investment in Human Capital, Sustainable Financing, Public-Private Partnerships and Social Inclusion', the event is a flagship platform under the AYOS 2025, which aims to bridge skills gaps, foster talent mobility and promote inclusive growth throughout the region. AYOS 2025, led by KESUMA, features seven flagship events, including the AHCDIS and the National Training Week (NTW), both designed to drive collaboration, knowledge sharing and innovation across the region. These efforts align with Malaysia's broader vision to position ASEAN as a global leader in skilled talent and sustainable development. Malaysia's ASEAN Chairmanship in 2025 marks a pivotal moment for the country and the region. As Chair, Malaysia is leading a year-long series of initiatives and high-level meetings focused on inclusivity, sustainability, and regional cooperation.
Barnama
6 days ago
- Business
- Barnama
ILO, ASEAN Sec-gen Praise Sim's Leadership In Skills Development
KUALA LUMPUR, May 27 -- Minister of Human Resources Steven Sim Chee Keong delivers his keynote address during the ASEAN Human Capital Development Investment Symposium (AHCDIS) at the Malaysia International Trade and Exhibition Centre (MITEC) today. -- fotoBERNAMA (2025) COPYRIGHTS RESERVED KUALA LUMPUR, May 27 (Bernama) -- Human Resource Minister Steven Sim Chee Keong has received high praise from the International Labour Organisation (ILO) and ASEAN secretary-general Dr Kao Kim Hourn for his visionary leadership in advancing skills development and human capital investment across the region. Ministry of Human Resources (KESUMA) in a statement said the recognition comes as Malaysia, under its ASEAN Chairmanship hosted the ASEAN Human Capital Development Investment Symposium (AHCDIS), here today. According to the statement, Kao praised Malaysia's commitment, expressing his appreciation to the ministry and the Human Resource Development Corporation (HRD Corp) for their visionary leadership in launching the ASEAN Year of Skills 2025 (AYOS 2025) as a flagship initiative under Malaysia's ASEAN chairmanship. 'This symposium provides a timely and meaningful platform to reaffirm our collective commitment to investing in our people, the true architects of ASEAN's growth and the foundation of ASEAN's resilience and progress,' Kao said. The symposium brought together around 300 key stakeholders from across ASEAN to discuss strategic investments in skills and human capital development. Themed 'Investment in Human Capital, Sustainable Financing, Public-Private Partnerships and Social Inclusion', the event is a flagship platform under the AYOS 2025, which aims to bridge skills gaps, foster talent mobility and promote inclusive growth throughout the region. AYOS 2025, led by KESUMA, features seven flagship events, including the AHCDIS and the National Training Week (NTW), both designed to drive collaboration, knowledge sharing and innovation across the region. These efforts align with Malaysia's broader vision to position ASEAN as a global leader in skilled talent and sustainable development. Malaysia's ASEAN Chairmanship in 2025 marks a pivotal moment for the country and the region. As Chair, Malaysia is leading a year-long series of initiatives and high-level meetings focused on inclusivity, sustainability, and regional cooperation.
New Straits Times
22-05-2025
- Business
- New Straits Times
Malaysia leads regional push for agile, resilient workforce
KUALA LUMPUR: Malaysia is spearheading a regional effort to build a more agile and resilient workforce across Southeast Asia through the newly launched Asean Year of Skills (Ayos) 2025. The year-long programme, led by the Human Resource Development Corporation (HRD Corp) under the Human Resources Ministry (Kesuma), aims to bridge skills gaps, promote talent mobility, and future-proof the Asean labour market through regional collaboration. Themed 'Bridging Talent, Building Asean', Ayos 2025 brings together all 10 Asean member states to drive human capital development through inclusive growth, regional knowledge-sharing, and stronger public-private partnerships. According to HRD Corp, the initiative harnesses Asean's greatest strength, its diverse and dynamic workforce. "The initiative underscores the importance of collective action among member states to address regional inequalities, unlock youth potential, and enhance workforce resilience," it said in a statement today. Launched on April 14 in Kuala Lumpur, the initiative is supported by the International Labour Organisation (ILO) and the Asean Secretariat (Asec), which have provided strategic guidance and resources since its inception. HRD Corp said each Asean country is supported by national coordinators and ambassadors who will promote and coordinate both regional programmes and domestic activities aligned with the goals of Ayos 2025. "This includes engaging key stakeholders, championing human capital development initiatives, and representing their countries in regional discussions - ensuring cohesive and impactful implementation across Asean." Seven flagship events will be held throughout the year. These include the Asean Human Capital Development Investment Symposium (AHCDIS), National Training Week (NTW), Asean Training Market Conference (ATMC), Asean TVET Conference, National Human Capital Conference & Exhibition (NHCCE), Global Skills Forum (GSF), and the Asean Forum of Manpower Ministers for Human Capital Development (AFMM-HCD). The first event, AHCDIS, will take place on May 27 and 28 at the Malaysia International Trade and Exhibition Centre (Mitec). It will serve as a platform for policymakers, industry players, and experts to explore innovative skills financing models and showcase regional best practices.
