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Training 2,500 SPM leavers to be chartered accountants
Training 2,500 SPM leavers to be chartered accountants

Daily Express

time19-05-2025

  • Business
  • Daily Express

Training 2,500 SPM leavers to be chartered accountants

Published on: Monday, May 19, 2025 Published on: Mon, May 19, 2025 By: Bernama Text Size: According to Ibrahim, the foundation collaborates with three professional colleges to provide the training and education, namely Sunway University in Petaling Jaya, as well as INTEC Education College and TYMBA Education in Shah Alam. TAWAU: Yayasan Peneraju, an agency under the Ministry of Economy focused on developing and strengthening bumiputera talent, is targeting 2,500 Sijil Pelajaran Malaysia (SPM) leavers this year to undergo training and education to become chartered accountants. Its chief executive officer Ibrahim Sani said the talent search is being carried out through the 'Jom Explore! Why Not YP?' programme, which offers a comprehensive overview of professional accountancy certification, including guidance on institutional applications and financing options. Advertisement 'Our target is 2,500 people, and so far, 1,500 have received offer letters from Yayasan Peneraju. There are approximately 500 to 1,000 places left to meet the target, and for this, we (Yayasan Peneraju) want to provide opportunities to participants from Borneo, especially Sabah. 'We take in SPM leavers aged 17 to 18 and provide three to four years of training, including examinations under the Association of Chartered Certified Accountants (ACCA) or the Institute of Chartered Accountants in England and Wales (ICAEW). By the age of 21, they will be ready to seize job opportunities awaiting them,' he told Bernama here yesterday. According to him, the foundation collaborates with three professional colleges to provide the training and education, namely Sunway University in Petaling Jaya, as well as INTEC Education College and TYMBA Education in Shah Alam. In addition, Ibrahim said graduates with certifications from bodies such as ACCA and ICAEW enjoy high employability due to strong market demand. Advertisement 'There is a gap in talent to fill roles in the industry. Their careers are not only with the 'Big Five' firms, including Deloitte, Ernst & Young, and KPMG, but also with companies like Petronas (and) banks like Maybank and CIMB. 'Yayasan Peneraju is also working not only with companies like Maybank and CIMB but also with professional accounting bodies such as ACCA, ICAEW, CPA Australia, and the Malaysian Institute of Accountants,' he said. On the 'Jom Explore! Why Not YP?' programme in Sabah, Ibrahim expressed hope that the initiative, held at five locations including Tawau and Tuaran, would achieve its goal of enrolling over 250 SPM leavers in chartered accountant training. He also hoped the Tawau edition of the programme, launched by its MP Datuk Lo Su Fui today, would attract over 50 potential talents to receive proper training. Ibrahim said the foundation also provides funding, including scholarships, for students undergoing the training. He added that Yayasan Peneraju is committed to developing a skilled and resilient bumiputera workforce that can contribute to Malaysia's future progress.

Yayasan Peneraju Targets 2,500 SPM Leavers For Accountancy Training
Yayasan Peneraju Targets 2,500 SPM Leavers For Accountancy Training

Barnama

time18-05-2025

  • Business
  • Barnama

Yayasan Peneraju Targets 2,500 SPM Leavers For Accountancy Training

TAWAU, May 18 (Bernama) -- Yayasan Peneraju, an agency under the Ministry of Economy focused on developing and strengthening bumiputera talent, is targeting 2,500 Sijil Pelajaran Malaysia (SPM) leavers this year to undergo training and education to become chartered accountants. Its chief executive officer Ibrahim Sani said said the talent search is being carried out through the 'Jom Explore! Why Not YP?' programme, which offers a comprehensive overview of professional accountancy certification, including guidance on institutional applications and financing options. 'Our target is 2,500 people, and so far, 1,500 have received offer letters from Yayasan Peneraju. There are approximately 500 to 1,000 places left to meet the target, and for this, we (Yayasan Peneraju) want to provide opportunities to participants from Borneo, especially Sabah. 'We take in SPM leavers aged 17 to 18 and provide three to four years of training, including examinations under the Association of Chartered Certified Accountants (ACCA) or the Institute of Chartered Accountants in England and Wales (ICAEW). By the age of 21, they will be ready to seize job opportunities awaiting them,' he told Bernama here today. According to him, the foundation collaborates with three professional colleges to provide the training and education, namely Sunway University in Petaling Jaya, as well as INTEC Education College and TYMBA Education in Shah Alam. In addition, Ibrahim said graduates with certifications from bodies such as ACCA and ICAEW enjoy high employability due to strong market demand. 'There is a gap in talent to fill roles in the industry. Their careers are not only with the 'Big Five' firms, including Deloitte, Ernst & Young, and KPMG, but also with companies like Petronas (and) banks like Maybank and CIMB. 'Yayasan Peneraju is also working not only with companies like Maybank and CIMB but also with professional accounting bodies such as ACCA, ICAEW, CPA Australia, and the Malaysian Institute of Accountants,' he said. On the 'Jom Explore! Why Not YP?' programme in Sabah, Ibrahim expressed hope that the initiative, held at five locations including Tawau and Tuaran, would achieve its goal of enrolling over 250 SPM leavers in chartered accountant training.

Yayasan Peneraju unveils initiative to boost Bumiputera career switch, talents to get RM1,500 a month
Yayasan Peneraju unveils initiative to boost Bumiputera career switch, talents to get RM1,500 a month

New Straits Times

time18-05-2025

  • Business
  • New Straits Times

Yayasan Peneraju unveils initiative to boost Bumiputera career switch, talents to get RM1,500 a month

KUALA LUMPUR: Yayasan Peneraju has launched YPXLR8 (YP Accelerate) to create accessible and sustainable tech career pathways for 1,000 Bumiputera individuals. Peneraju, an agency under the Economy Ministry, said YP Accelerate is a place-and-train programme designed to bring more tech roles filled with workforce from non-tech roles. Each selected talent will receive financial support of RM1,500 per month for eight months as part of the programme. They will also receive a further RM9,000 one-off training credits to ensure that they get the necessary tech-related training while on the job. Peneraju said the programme comes at a critical time, with global reports identifying digital transformation as the most significant trend affecting employment. Technology-related skills, particularly in Artificial Intelligence (AI), big data, networks, cybersecurity and technological literacy are expected to be among the fastest-growing in the coming years. Economy Minister Datuk Seri Mohd Rafizi Ramli said the economic landscape is becoming increasingly tech-driven. While embracing innovative AI solutions, he said it is equally crucial for Malaysia's next-generation workforce to be equipped advanced skills in emerging technologies ensuring they meet the industry demands and remain competitive. "YPXLR8 offers an ideal platform to pivot Bumiputera talents towards this opportunity," he said in a statement. "This initiative supports Malaysia's digital transformation agenda by building a robust Bumiputera presence in strategic technology sectors, aligning with the Malaysia Digital Economy Blueprint and 4IR Policy initiatives," he added. As part of this effort, Peneraju is seeking industry partners from all sectors, to serve as hosting companies, playing a crucial role in the programme's success by providing both employment and training opportunities. The roles must be in tech-related fields, such as digital analytics, cybersecurity, business intelligence or similar. Peneraju chief executive officer Ibrahim Sani said the programme is are opening doors for Bumiputera individuals from all backgrounds, regardless of prior tech experience to participate in the programme and take on tech roles. He noted that with the hundreds of thousands of jobs that will be displaced because of the AI revolution, the millions of talents today need to be re-equipped with the tools to be future-proofed by being tech-ready. "Participants will receive industry-relevant training during a minimum eight-month placement with hosting companies or a permanent position, developing key skills through structured mentorship and hands-on experience.

Yayasan Peneraju Launches YPXLR8, Targets 1,000 Bumiputera In Tech Careers
Yayasan Peneraju Launches YPXLR8, Targets 1,000 Bumiputera In Tech Careers

Barnama

time16-05-2025

  • Business
  • Barnama

Yayasan Peneraju Launches YPXLR8, Targets 1,000 Bumiputera In Tech Careers

GENERAL KUALA LUMPUR, May 15 (Bernama) -- Yayasan Peneraju (YP) today launched its latest strategic initiative, YPXLR8 (YP Accelerate), which targets the participation of 1,000 Bumiputera individuals in technology-based careers. According to YP, the programme provided an opportunity for those working in non-technology sectors to switch careers through a place-and-train approach to meet the country's demand for a skilled digital workforce. 'Each selected participant will receive financial support of RM1,500 per month for eight months throughout the programme. They will also receive a one-off training credit of RM9,000 to ensure they receive the necessary training,' YP said in a statement today. Economy Minister Datuk Seri Mohd Rafizi Ramli, in the same statement, said YPXLR8 was a proactive measure to empower Bumiputera talent and support national policies such as the Malaysia Digital Economy Plan and the Fourth Industrial Revolution (4IR) policy. He said that the launch of YPXLR8 was timely, as digital transformation had become the key driver of change in the global job market. 'If we want Malaysia to keep progressing in adopting AI innovations, the Bumiputera workforce must be equipped with the latest technology skills to meet market demands and remain competitive,' said Rafizi. Meanwhile, YP chief executive officer Ibrahim Sani said the programme created opportunities for Bumiputeras without a technology background to enter the digital economy through industry training and employment. 'Participants will undergo industry-relevant training through at least eight months of employment with a host company or in a permanent role, where they can develop essential skills through mentorship and hands-on experience,' he said in the same statement. YP is currently identifying industry partners across various sectors to serve as host companies, offering job and training opportunities to participants in fields such as digital analytics, cybersecurity, business intelligence, and related areas.

Yayasan Peneraju launches programme to reskill talents for tech jobs
Yayasan Peneraju launches programme to reskill talents for tech jobs

Free Malaysia Today

time15-05-2025

  • Business
  • Free Malaysia Today

Yayasan Peneraju launches programme to reskill talents for tech jobs

YPXLR8 participants will develop specialised skills across a range of high-demand technology roles, including software development, big data, analytics, cybersecurity, as well as AI & machine learning. (File pic) PETALING JAYA : Yayasan Peneraju, an agency under the economy ministry dedicated to identifying, developing, and managing Bumiputera talent, has launched a strategic place-and-train programme aimed at reskilling individuals from non-tech backgrounds to fill tech roles. The programme, YP Accelerate (YPXLR8), aims to create accessible and sustainable tech career pathways for 1,000 Bumiputeras, while addressing Malaysia's growing demand for digital expertise. 'The programme comes at a critical time, with global reports identifying digital transformation as the most significant trend affecting employment. 'Technology-related skills, particularly in artificial intelligence (AI), big data, networks, cybersecurity and technological literacy are expected to be among the fastest-growing in the coming years,' the foundation said in a statement. Its CEO Ibrahim Sani was quoted as saying that YPXLR8 is expected to open doors for Bumiputeras from all backgrounds, regardless of prior experience, to get into tech roles. 'It is crucial that with the hundreds of thousands of jobs that will be displaced because of the AI revolution, the millions of talents today need to be re-equipped with the tools to be future-proofed by being tech-ready,' he said. He also said that participants will receive industry-relevant training during a minimum eight-month placement with hosting companies or a permanent position, developing key skills through structured mentorship and hands-on experience. Yayasan Peneraju is now seeking industry partners from all sectors to serve as hosting companies, offering roles in tech-related fields such as digital analytics, cybersecurity, business intelligence, and similar areas. Each selected talent will receive financial support of RM1,500 monthly for eight months as part of the programme. On top of this, they will receive a further RM9,000 one-off training credits to ensure that they get the necessary tech-related training while on the job. YPXLR8 participants will develop specialised skills across a range of high-demand technology roles, including software development, data & analytics, systems & infrastructure, cyber security, AI & machine learning, and user experience (UX) or user interface (UI) design. They will also be trained on product management as well as business intelligence and software support. Economy minister Rafizi Ramli stressed the importance of Malaysia's next-generation workforce to be equipped with advanced skills in emerging technologies ensuring they meet the industry demands and remain competitive. 'YPXLR8 offers an ideal platform to pivot Bumiputera talents towards this opportunity. This initiative supports Malaysia's digital transformation agenda by building a robust Bumiputera presence in strategic technology sectors, aligning with the Malaysia Digital Economy Blueprint and 4IR Policy initiatives,' he said. Industry players interested in becoming hosting companies for YPXLR8 can register their interest at the Yayasan Peneraju website .

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