In this paper, we use a practice-based wisdom perspective to address the challenges of managing competing logics in social enterprises. From previous work it is clear that a major task for social entrepreneurs is to manage the tension between social welfare and commercial logics. Although the social welfare logic and its related values and practices form the foundations of social enterprises, social entrepreneurs have also to ensure that their businesses are commercially sustainable making it necessary to engage with the commercial logic. To this end, we develop a curriculum matrix based on social practice wisdom to assist students to learn appropriate knowledge and skills, enact social entrepreneurship goals, and integrate competing logics in innovative and sustainable ways.

Contemporary business schools are expected to educate their students to embrace ethical and pro-social values. But can business schools rise to this challenge? Comparing a business school to another professional school that encourages pro-social values, social work, we investigated value profiles as reflected in school websites and among their students. The findings show that the business school expresses self-enhancement values (power and achievement) more, and pro-social values (benevolence and universalism) less than the social work school. We further investigated self-selection and socialization as complementary organizational processes that may lead to, and sustain, the value profile of each school. Our findings show that as early as the first week of studies, freshmen's values are congruent with the value profile of their department, indicating a value-based self-selection process. To investigate socialization, we compared freshmen and seniors and conducted a yearlong study among freshmen. The findings revealed a small change in students' values throughout their training, providing only some support for value socialization. Altogether, our findings suggest that business schools that are interested in pro-social students should attract and select students that emphasize these values, rather than rely on socialization attempts.

What are the long-term consequences of initially beneficial high-reputation workplace ties? Under uncertainty, acolytes (i.e., subordinates with work connections to high-reputation industry leaders) are likely to benefit in terms of signaling fitness for promotion in the external job market. Analysis of promotion outcomes of coaches in the NFL over 31 years showed that the acolyte effect was reduced for individuals for whom uncertainty was the least (acolytes with considerable industry experience or high centrality in the co-worker industry network). There was no support for either a knowledge-transfer or an intrinsic quality explanation for why acolytes initially gained advantage. Rather, the evidence supported the idea that ties to high-reputation leaders were somewhat randomly distributed so that acolytes faced ex post settling up consequences after their promotions: fewer further promotions or lateral moves, more demotions. Thus, acolytes initially benefited from a loose-linkage between their unobservable quality and signals offered by their industry-leader ties, but they also suffered as the unreliability of social network signals became evident. The results suggest that a competitive job market may exhibit self-correction over time. We offer countervailing theory and evidence to the prevailing view that high-reputation third-party endorsements perpetuate a rich-get-richer social structure resistant to performance outcomes.

Resource dependence theorists argue that boards of directors with political capital can benefit focal firms by reducing uncertainty and providing preferential resources. Here, we develop theory regarding the downside of board political capital. As the principal-principal agency problem characterizes many parts of the world, we argue that board political capital can exacerbate this problem by enabling large blockholders to undertake more appropriation of firm wealth. Further, we explore how this enabling effect is moderated by ownership-, industry-, and environment-level contingencies. We find empirical support for our arguments using 32,174 directors in 1,046 Chinese listed firms over the period 2008 - 2011. Our study sheds light on new ways in which resource dependence and agency theories can be integrated to advance the extant research on board governance and corporate political strategy.

KODI is an award winning media center application for Linux, Mac OS X, Windows and XBox. The ultimate hub for all your media, KODI is easy to use, looks slick, and has a large helpful community. Try it now! Media Management KODI supports viewin...

Carlo Lipizzi’s Societal impacts of artificial intelligence and machine learning offers a critical and comprehensive analysis of artificial intelligence (AI) and machine learning’s effects on society. This book provides a balanced perspective, cutting through the

The study shows that artificial intelligence (AI) has become highly important in contemporary computing because of its capacity to efficiently tackle intricate jobs that were typically carried out by people. The authors provide scientific literature that analyzes and

As an academic, I have cheered for and welcomed the open access (OA) mandates that, slowly but steadily, have been accepted in one way or another throughout academia. It is now often accepted that public funds means public

Wales scrum-half Tomos Williams is ruled out of the Autumn Nations Series match against Australia on Sunday.

It has accused X of promoting "disturbing content", and says Mr Musk is using it to "shape political discourse."

For now, there are several good choices for gun owners that DeWine can make, a few problematic ones, and one that’s completely unacceptable, his previous pick Dolan.

So, any thought of disobeying them must be destroyed – along with anyone daring to spread the idea that the oath is to the Constitution, not to a regime and its unlawful orders.

If you have read any of the NRA’s magazines, watch American Rifleman, or have seen some shows on The Outdoor Channel or The History Channel, you have seen Mark Keefe for years.

THIS Hari Raya, The Gardens Mall is bringing the comfort of home and the memories of celebrations with loved ones to its mall decor. With many unable to travel back to their kampung to visit grandparents and other loved ones, the Mall decided to bring elements of grandma’s eclectic home to the mall for all to enjoy this year.

Step into the mall and be greeted by a burst of colour and patterns with traditional woven pandanus ware and hand-sewn patchwork fabric. Snap photos with friends and family at the various vignettes set-up along the Ground Floor. Much like atok’s garden, there is much greenery around
to coax nostalgia for the simple kampung life.

Not forgetting the underprivileged this season, over at the South Palm on the Ground Floor, The Gardens Mall is collecting your unwanted denim to donate to the single mothers of SURI. SURI is a social enterprise that employs single mothers from low-income communities to turn unwanted denim material into fashionable apparel and other household items. SURI also believes in protecting the environment through upcycling.

As part of the partnership during Hari Raya, The Gardens Mall has pledged RM10,000 to SURI for its efforts in helping these single mothers gain financial independence.

SAMSUNG MALAYSIA ELECTRONICS recently announced a new initiative – “A Rising Star” – to inspire and unite Malaysian youth, our rising stars, through a memorable one-of-a-kind experience. As a global leader in mobile technologies, A Rising Star demonstrates Samsung Malaysia’s commitment to enhancing the local art and music industry by providing an avenue for today’s youth to truly enjoy art and music – leveraging the unique features of the Galaxy A32, Galaxy A52 and Galaxy A72.

Arts and music, in particular, is at the core of youth culture and plays an important role in advancing their socialisation and creative self-expression. Not only does this campaign aim to bring together young people in Malaysia through their shared passion and appreciation for local art and music, it also draws forth youth’s potential and unite people from all walks of life.

“Youth today are influencing trends we are seeing in culture and those trends are ideated, inspired and created with their smartphones. Their drive to create never stops and Samsung’s innovative technologies are the perfect companion for young people in Malaysia and around the world, encouraging them to channel their creativity and pursue their passions and dreams,” said Elaine Soh, Chief Marketing Officer of Samsung Malaysia Electronics.

Through this initiative, Samsung will mobilise a range of activities that will happen in efforts to allow youths to capture and experience exceptional moments.

Encouraging local music with Universal Music Malaysia

Universal Music Malaysia and Samsung are ecstatic to announce the launch of a music video (MV) by an up-and-coming local artist – Raya-themed MV titled Raya Raya Raya by Malaysian heartthrob girl group DOLLA.

Raya Raya Raya MV touches on the contrast of traditional and modern styles celebrating Hari Raya Aidilfitri where the rapid technology innovations of today have shaped how the important day is celebrated, especially the significance of social media tools and platforms in influencing interactions between family and friends. With that spirit in mind, Samsung also launched a DOLLA TikTok Challenge – to participate, simply dance to DOLLA’s new Raya song and stand a chance to win total of nine units of the brand new Galaxy A32 Samsung is giving away!

Additionally, Samsung and Universal Music will also be working together on activations that will empower youth in achieving their dreams in the music industry, one involving another rising local artistes, Jeii Pong and Gaston Pong, also known as “PongPong”.

KL City takeover powered by Samsung Galaxy A

As part of Samsung’s effort to brighten up the city, Samsung partnered with talented mural artists to, quite literally, paint the town.

Several iconic buildings across KL City have gone through a massively fun makeover. Murals painted on buildings such as the REX KL building in Chinatown no longer sport old and dull grey paint. It is now covered in bright murals featuring fun characters and colors that accurately represent the culture of Malaysia from renowned artist, Orkibal. As for the magical transformation of Drop Inn Lodge at Jalan Tun HS Lee, it is the brainchild of an outstanding graffiti whiz, Lowkey.

Another iconic architecture, the Zhongshan Art Building will also go through the same beautification by well-known mural artist, Bono Stellar and is scheduled to be completed by end of May 2021.

CATS are secretive by nature and they have evolved to hide signs of illness and pain. Oftentimes owners only discover the cat’s sickness at the critical stage, which might be too late or harder for the cat to receive treatment. Therefore, early detection and diagnosis of hematuria are important for the cat’s wellbeing.

Hematuria or blood in the urine is one of the clinical signs of feline lower urinary tract diseases (FLUTD) and it may indicate a serious underlying condition.

In effort to continue making the world better for pets, Royal Canin is introducing Hematuria Detection in Malaysia for the very first time. Hematuria Detection are litter granules that enable early detection of microscopic blood traces in cat’s urine in the comfort of cat owner’s home with only three steps.

Royal Canin, at the same time also introduced the FHN Sterilised Wet Pouch, the gravy variant in addition to the earlier launched kibbles, specially tailored for neutered cats.

CLOSE to one million youths have successfully claimed their eBelia credit via ShopeePay. As of June 7, the programme has succeeded in generating sales amounting to 120% of the total amount disbursed by the Ministry of Finance (MOF) through ShopeePay. Additionally, some 140,000 sellers and traders that accept ShopeePay have already benefited from the eBelia programme.

Head of ShopeePay Malaysia Alain Yee said: ”As one of the newest mobile wallets to enter a crowded space, it is indeed humbling to receive the resounding support from eligible eBelia participants. When compared against MOF’s announcement, the bulk of the 1.7 million successful applicants have chosen ShopeePay. This is possibly because our e-wallet can be used both online and offline nationwide, with a reach as far and wide as Semporna, Sabah; Miri, Sarawak; Kemaman and Gong Badak in Terengganu and Bachok, Kelantan.”

Yee added that based on the preliminary data from June 1 till 7, user behaviour amongst eBelia recipients suggest that the programme has driven adoption of e-wallets and is likely going to lead to long term usage.

“Of the total successful eBelia applicants via our mobile wallet, about 40% are new ShopeePay users that activated their e-wallet just for eBelia. Additionally, we are positive that customer retention rate amongst these new users will be high as over 20% have already topped up their e-wallet at least once within the first week of using ShopeePay,” he explained.

On what the recipients have been spending on, Yee shared that many were seen to be using the eBelia credit on very practical purchases: daily necessities, food and beverages, books, as well as home and living items, among others. A closer look into the spending pattern of these eBelia youths for the past week reveals the following (Observations are made based on top 100 merchants by transactions recorded offline, online (merchants’ webstores and Apps), and on Shopee.

STARBUCKS is once again collaborating with Stacey Bendet, CEO and Creative Director of top fashion house alice + olivia to offer a stylish designer merchandise collection, available for a limited time at select Starbucks stores across Malaysia.

With Stacey’s fun and sophisticated eye for design, the highly anticipated Starbucks X alice + olivia collection showcases two whimsical designs, including the iconic Stace Face, and a modern interpretation of the Stace Face with a colourful twist.

“Starbucks and Stacey Bendet are united by their aspiration to create unique and delightful experiences,” said Erin Silvoy, vice president, Product and Marketing, Starbucks Asia Pacific.

“Since our very first collaboration with alice + olivia, our customers have kept asking for more. Now, we’re excited to launch a new Starbucks X alice + olivia collection with bold, yet chic designs fit for everyday occasions, to encourage our customers to embrace self-expression and give them the confidence to live a life in style.”

Bendet herself added: “Both Starbucks and alice + olivia love creating unique and empowering experiences.

“With our rainbow Stace Face designs we hope to bring some colourful fun to the world!”

The exclusive collection will bring fashion and style to life once more, with a unique lineup that includes mugs and waterbottles, such as:

► Small Tote – The timeless look of the humble tote bag is reimagined with a modern interpretation of the ‘Stace Face’ with a colorful and stunning twist. Featuring an interior pocket that is lightweight, this bag is great for on the go.

► Bearista Bear – A soft and fluffy reinterpretation of the Bearista Bear wearing a custom sweater designed in the renowned alice + olivia style, which is matched only by the embroidered alice + olivia shoes.

► 12oz Ceramic Mug – The glossy clear-glazed stoneware gives this mug its special character. The handle is painted by hand with the mug body available in two different designs, one with the colorful spectrum of the Rainbow Stace Squad, and one of the Iconic Stace Face.

► 16oz Stainless Steel Tumbler – This tumbler is sure to keep your beverage at a perfect temperature whether it’s hot or cold with the innovative thermo 3D Double Wall vacuum insulation technology, as well as the medical-grade stainless steel so that there is not transfer of flavours or metal after taste. Available in two designs, the Rainbow Stace Squad and Iconic Stace Face.

► 16oz Ceramic Double Wall Traveler – Insulated with a double-wall construction with flat-white paint and an opaque black lid, which uses a slide open/close function for convenient use. Available in two designs, the Rainbow Stace Squad and Iconic Stace Face.

The limited-edition designer collaboration will be available beginning Sept 28, and priced from RM98 onwards, at select Starbucks stores across Malaysia, while supplies last.

THE term “trial by media” gained popularity in the late 20th and early 21st centuries.
It refers to the impact of television and newspaper coverage on an individual’s reputation, often shaping public perceptions of guilt or innocence before a court has rendered its verdict.

Trial by media creates a reality shaped more by perception than by objective truth, where opinions are formed before verified information can be fully assessed.

The delicate balance between sense and sensationalism, news and noise, civility and chaos, and balance and extremism can also become increasingly distorted.

The Ulu Tiram and GISBH cases have driven the media into a frenzy as both are considered matters of public interest. From broad overviews to minute details, nothing has been spared in the reporting.

Public comments reflect feelings of anger, resentment, frustration and disappointment toward the accused
or state institutions. Even the names of witnesses are often anticipated, jeopardising the confidentiality of the case.

A lackadaisical attitude in handling high-profile cases can ultimately lead to witnesses becoming hostile or biased.

The current situation illustrates how trial by media can create its own narrative, potentially undermining fair judicial proceedings and damaging the reputations of those involved.

It can also contaminate and influence witnesses’ memories, stances and views. Even if an accused individual is acquitted, the public may still perceive the person as guilty, leaving the individual’s reputation tarnished despite a verdict of innocence.

While the creation of social media has given us an extensive space to express our opinions, the lack of policing and regulations has allowed the widespread of rumours and prophecies in court cases.

The news disseminated through mainstream and social media can create multiple ideas, often leading to the presumption of guilt or innocence for the accused before the trial even begins. This is the exact definition of trial by media.

The principle of sub judice (under judicial consideration), though relevant, appears to be overlooked in the public discourse surrounding ongoing trials. The rule on sub judice seeks to safeguard the sanctity of court proceedings and ensure a fair trial for the accused in criminal cases.

Therefore, it would be apt for lawyers, prosecutors and the judiciary to take cognisance of the current situation and devise certain measures to ensure the impartiality of witnesses, and to avoid any spillage or contamination of evidence.

Expert witnesses, if appointed under section 45(1) of the Evidence Act, should not only be someone who is qualified in “science or art” but have a track record of being impartial and have not or will not mislead the court.

Impartiality here refers to individuals who abide by the law and do not have a track record of promoting repealed laws or overruled cases.

Although the court has the discretion to decide whether the expert evidence
is admissible, it is imperative for
experts to be scrutinised by the courts before accepting their views and opinions. In any event, it is trite law that expert opinion is not binding upon the court.

While the media shapes public debate and highlights cases of public interest, the unparalleled capacity of social media also offers lawyers an opportunity to volunteer and represent offenders who are in dire need of representation. Beyond concerns about legal fees, this is about striving to uphold justice. Some cases are simply meant to be pro bono.

With the proliferation of information available through mainstream and
social media platforms, lawyers and prosecutors should seize the opportunity to scour important details from these channels.

Unfortunately, very few lawyers have taken the bold step to assist those in desperate need of legal representation.

With the National Legal Aid Foundation unable to represent detainees under the Security Offences (Special Measures) Act 2012 during their trials and its potential dissolution, what would become of the poor and marginalised groups in need of legal representation?

Where are the pro bono lawyers
who are expected to uphold justice
and ensure the right to a fair
trial as enshrined in the Federal Constitution?

Legal advocates would do well to remember Martin Luther King Jr’s quote: “Injustice anywhere is a threat to justice everywhere.”

While no one can deny the media’s sterling role as the keeper of conscience and unraveller of wrongdoings, it is equally undeniable that the media has been able to entice vast reporting and responses from the public.

Therefore, it is essential to establish clear rules and regulations to safeguard individuals’ right to a fair trial, as stipulated in the Federal Constitution. Ultimately, what we seek is justice for all.

The writer is a criminologist and the deputy dean (Higher Degree) of
Faculty of Law, Universiti Malaya.
Comments: letters@thesundaily.com

MALAYSIAN consumer associations have been around since the 1960s. However, today we have few that are active and serve consumer interest.

They should continue to fight for consumer rights nationwide and address issues that require better consumer education, stronger laws and enhanced regulatory frameworks, especially in commerce.

Many of these associations face several challenges when it comes to consumer protection, despite existing legal frameworks such as the Consumer Protection Act 1999. The main issues stem from a combination of factors, including:

Limited awareness: Many consumers are not fully aware of their rights under consumer protection laws. This lack of awareness leads to consumers not filing complaints or pursuing justice when their rights are violated.

Weak enforcement: While there are laws in place, the enforcement of these laws can be inconsistent. Regulatory agencies sometimes lack the resources or the will to take effective action against businesses that violate consumer rights.

Online transactions: With the rise of e-commerce, there have been increasing complaints about fraud, counterfeit goods and scams. Consumer protection laws are still catching up to fully address issues arising from online transactions, leaving many consumers vulnerable.

Delayed resolutions: Consumers often face long wait-times when filing complaints or seeking compensation. Dispute resolution mechanisms can be slow, which discourages consumers from pursuing complaints.

Misleading advertisements: There have been cases of misleading or false advertising where consumers end up buying products or services that do not meet expectations. The penalties for businesses engaging in such practices are not always strong enough to act as a deterrent.

Price gouging: In certain industries, especially during times of crisis, for example, the Covid-19 pandemic, price gouging can be a significant issue, with some businesses exploiting consumers by drastically raising prices on essential goods.

The government also has a duty to see that consumer associations function as they should and continue to stay active, and that they are fully supported.

Consumers should take action to defend their rights and ensure they are not violated while pursuing consumer protection.

Bulbir is a former president of the Negeri Sembilan Consumers Association. Comments: letters@thesundaily.com

I WRITE this letter with a heavy heart. After nearly three decades of loyalty to Malaysia Airlines (MAS), it pains me to say that our national carrier, once a symbol of pride and prestige, is rapidly losing its appeal.

As a frequent traveller since my 30s and 40s – flying MAS monthly for work across the globe – my commitment to our national airline has remained steadfast. Even in the face of criticisms, I stood by MAS, altering flights and routes just to support it.

Today, in my late 50s, I still travel monthly to Sarawak and take an annual trip abroad to Mecca. However, I now find myself questioning whether this loyalty is justified.

Sarawak is a gem waiting to be discovered, with immense tourism potential. However, with the current airfares, especially on MAS, many potential travellers are priced out, severely hampering the state’s tourism growth.

The recent prices to Kuching are, to put it plainly, shocking. Last-minute bookings are unavoidable at times, but I was appalled to be charged nearly RM4,700 for a return business ticket to Kuching. Even my staff, flying economy, paid close to RM3,000 for the same route.

Planning ahead does not seem to help much either; even when booked a month in advance, return tickets are close to RM3,000 for business class and over RM1,300 for economy. This level of pricing is absurd, especially for a domestic route.

I believe, as many do, that with premium prices should come a premium experience. Unfortunately, MAS no longer delivers on this. The business lounge, once a place to relax before flights, has deteriorated.

As I write this on Oct 30, the restrooms in the lounge are still under renovation – a situation I encountered throughout September as well.

The dining experience in the lounge has lost its lustre.

Recently, while attempting to enjoy a simple nasi lemak, I was served boiled eggs still in their shell. When I requested help to remove the shell, the response from the staff was, “we don’t do that”, which was disappointing and telling of how far standards have dropped.

Onboard, the situation does not improve. In business class, we now deal with seats that do not recline properly.

The food, an essential part of any long-haul experience, has worsened. On two recent occasions, the in-flight meals were barely edible, bordering on “off”. In one instance, the lack of quality even made me hesitate to eat.

The lack of comfort in facilities and amenities makes each flight less enjoyable than the last. Even my annual long-haul flights to Mecca on MAS, which I look forward to each year, have not been immune to these setbacks.

Travelling such distances should bring an experience that feels seamless and comfortable, but MAS has started to fall short even here.

Adding to this is the cumbersome process of booking tickets online. With ticket sales exclusively digital, resolving booking issues becomes frustratingly difficult.

Customer service, once a proud element of MAS’s offering, is increasingly subpar, with representatives often unable to assist adequately.

The only saving grace, as many loyal customers like myself would agree, are the cabin crew. Their friendliness and dedication are a testament to the heart and spirit MAS was once known for – they are MAS’s real assets.

If MAS continues along this trajectory, it will lose the loyalty of not only long-standing customers like myself but also the new generation of travellers.

Competing airlines like Emirates and Saudi Airlines are waiting in the wings, ready to welcome disillusioned MAS customers with open arms.

As I reluctantly contemplate flying with them, I realise how close MAS is to losing the competitive edge it once had. My hope is that MAS’s management and its owners take heed of these issues
and recognise the urgent need for improvement.

This is not just about ticket prices or outdated lounges; it is about restoring pride in our national airline and ensuring it represents Malaysia as it once did – with quality, excellence and care.

MAS has a legacy worth fighting
for, but only if the commitment to improvement is genuine. For the sake of all who continue to fly MAS out of loyalty and pride, I urge the airline’s leadership to act swiftly and decisively to bring MAS back to its roots as a serious and reliable airline worthy of our national identity.

Prof (Haji) Said Bani CM Din

Loyal (but concerned)
MAS traveller

ALLIES and supporters of the United States who praise it as the champion of democracy, freedom and human rights will now be rushing to join the media queue to congratulate the incoming president.

In their public messaging, they are likely to extol the outcome as yet another example of American exceptionalism and a role model for the countries of the world they regard as autocratic and necessary to bring down to uphold their definition of democracy and the Western rule of law.

Privately though, they will be feeling and reacting differently. They are also likely to be afraid of what will now follow.

The explanation is not far to find. Though portrayed in Western media as offering vastly different visions of the US for the next four years as well as being diametrically opposed in their foreign policy objectives, Kamala Harris and Donald Trump concur in adherence to the slogan made famous by Trump: that is to “Make America Great Again” (Maga).

It is a slogan that Democrat party leaders embrace just as strongly but would rather not
let the rest of the world be aware of or knowledgeable about.

How will Maga impact US foreign policy?

Post-election, the Maga agenda will be pushed hard and at the expense of the interests and concerns of the rest of the world. Maga foreign policy impact will be felt not only by countries that the US sees as rivals and enemies – China, Russia, North Korea, Iran, Cuba, Afghanistan, Pakistan, Serbia, Venezuela, Belarus and others.

It will also inflict costs on allies including Canada, European Union nations, Ukraine, United Kingdom, Australia, New Zealand, Japan, South Korea, and a few others such as the Philippines, previously provided with generous financial and military support by a moneyed and powerful benefactor, which is now relatively impoverished and less influential.

Countries not hitched to the American ideological bandwagon that see themselves as independent such as Mexico, India and Vietnam will find that sitting on the fence in the next four years will be much less comfortable as the new US president will not shield or spare them from the looming policy changes in trade, immigration, security, climate change and wherever else he or she sees as important and necessary to uplift the US and stem its decline.

Earlier in July, The Economist drew up a table ranking the vulnerability of various countries likely to be impacted by a new Trump presidency’s core policies. The table, The Trump Risk Index, assessed the exposure and vulnerability of America’s 70 largest trading partners to potential policy changes.

Although no similar table was drawn up for a Harris presidency, if one were to be drawn up, it is likely that there will be little or no difference in the index finding and ranking.

Increasingly, we find that liberal and conservative American analysts – both now recognising that the US is in an existential crisis – are converging in support of Maga to be the focus of US foreign policy.

The crisis, a long-developing one, exposes not only the deep divisions within American society with equal numbers on Republican and Democrat sides of the political fence in disagreement on the domestic policy reforms that the country badly needs.

It also brings to attention the current status of the US described by Trump as “a failing country”. It is a description that some Americans have taken umbrage with but which many Democrat supporters agree on while denouncing the Republican and Trumpian rhetoric and record on failing to improve the state of the nation.

What is perhaps most unsettling is that the disorder and instability in the US may see the new president become more reliant on US military superiority to ensure American dominance in global geopolitics.

The US military may again be called upon to underpin the foreign policy actions needed to make America great again.

Is a last hurrah coming to ensure that the US continues its defence of the unipolar world that it has shaped and is fixated on preserving?

Lim Teck Ghee’s Another Take is aimed at demystifying social orthodoxy.
Comments: letters@thesundaily.com

IT is sickening to read about students and cadets in educational institutions or military academies being subjected to ragging and bullying, often resulting in grievous injuries and even deaths.

The archaic and pernicious practice of ragging, often referred to as fagging in elite boarding schools, or simply as ritualistic hazing in military academies, persists today as a toxic relic of colonial-era power structures.

This practice can be traced to the cloistered halls of upper-class English boarding schools. It is a ritual of bullying and humiliation that has long been wielded as a tool for enforcing hierarchical dominance and conformist obedience.

The prevalence of such practices, even in post-colonial, democratic societies like Malaysia, is not merely an anachronism but a stark contradiction to the principles of egalitarianism and care that should underpin modern educational systems.

I remember how it was so prevalent in the sixties when we were in sixth form as well as in the universities.

Origins of ragging/bullying: An elite tradition of oppression

Ragging finds its roots in the so-called prestigious institutions of Victorian England – Eton, Harrow and Winchester – where the upper classes refined a system of abuse disguised as character-building.

The concept of fagging emerged in these schools to establish a rigid social hierarchy among boys, where younger students were essentially forced into servitude by older ones.

The practice was framed as a means of instilling discipline and preparing young men for leadership roles.

In reality, it was a mechanism to perpetuate elitism, dominance and subservience – indoctrinating children into a culture of abuse under the guise of tradition.

When these elite practices were exported to colonial territories, they were often adopted by local institutions eager to emulate the supposed prestige of their British overlords.

In this way, ragging became an insidious form of cultural imperialism, embedding colonial power structures within the social fabric of post-colonial nations.

The toxic legacy in post-colonial societies

In countries like Malaysia and other former British colonies, ragging has been adopted and adapted, often becoming even more extreme and violent than its original form.

In military academies and universities, what began as a series of petty humiliations has escalated into physical, sexual and psychological abuse.

There is a perverse justification offered for this brutality: that it fosters camaraderie, resilience and esprit de corps. Yet the reality is far more disturbing.

The sheer brutality of these practices has led to multiple instances of severe injury, trauma and even death.

In Malaysia, there have been numerous cases of young cadets and students suffering injuries that have left them physically and emotionally scarred for life.

The veneer of tradition masks the fact that ragging is simply systematic bullying, an exercise in power and control that normalises the abuse of the vulnerable.

We have just seen yet another bullying case at the National Defence University where a 19-year-old cadet was allegedly stomped on by a senior, fracturing his spine and ribs.

Last month, a hot iron was pressed on the chest of a student at a military university, just months after courts handed the death penalty to six former students over the killing of a fellow cadet at the institution.

There have been other cases such as J. Soosaimanicckam, a 27-year-old navy cadet officer, who died of homicide at the KD Sultan Idris Lumut naval base on May 19, 2018.

Beyond universities, bullying is also on the rise in public schools.

Nearly 5,000 cases of bullying were reported over the first 10 months of 2023, according to the latest data from the Education Ministry, a sharp rise from 3,887 cases for the whole of 2022.

Failure of institutional accountability

The persistence of ragging is compounded by the complicity of educational institutions, which often turn a blind eye to the abuse, framing it as a rite of passage.

Administrators and faculty, many of whom are former students of the same institutions, perpetuate a culture of silence.

This lack of accountability only emboldens the perpetrators, creating an environment where victims feel powerless to speak out.

Military academies are notorious for their strict hierarchical structure, which leaves little room for dissent.

The emphasis on blind obedience and unquestioning discipline suppresses the voices of those who are most affected.

The rhetoric of “toughening up” young recruits masks the reality that many leave these academies with lifelong trauma, not strengthened resolve.

In this way, the very institutions tasked with building national character are guilty of undermining the values of respect, empathy and human dignity.

Call for cultural, institutional reform

It is both ironic and tragic that post-colonial nations like Malaysia, which fought for independence and the promise of a fair and just society, continue to perpetuate a colonial legacy that embodies the worst aspects of imperial rule.

Ragging and its equivalents are antithetical to the values that should define modern, democratic societies.

Instead of reinforcing outdated and oppressive traditions, Malaysia should be leading the way in promoting caring, compassionate and egalitarian values in its educational and military institutions.

A modern educational system should focus on mentorship, mutual respect and leadership through empathy rather than through intimidation and violence.

The true strength of a society lies not in its ability to produce individuals hardened by abuse but in its capacity to cultivate individuals who are resilient, confident and empathetic because they have been nurtured, not beaten down.

By fostering a culture of inclusivity and care, Malaysia can become a beacon of progress in a world where too many institutions are still mired in the shadows of a brutal, colonial past.

Conclusion

It is time to consign ragging to the dustbin of history where it belongs.

This practice, born of elitist arrogance and colonial condescension, has no place in the educational institutions of a modern, independent nation.

Instead of clinging to the trappings of colonial tradition, Malaysia should embrace its role as a leader in creating an educational environment that promotes equality, dignity and mutual respect.

By doing so, it can offer its youth something far more valuable than the scars of ritualistic abuse: the chance to learn and grow in an environment free from fear and filled with the promise of genuine support and solidarity.

It is time we banned this hideous practice in our institutions once and for all.

Kua Kia Soong is a former MP and director of Suaram. Comments: letters@thesundaily.com

MALAYSIA, like many Southeast Asian countries, faces the challenge of balancing sustainability, reliability and affordability in its energy goals. Is the country ready for renewables?

The country has set ambitious targets: net-zero emissions by 2050 and increasing the share of renewable energy in its power mix. These goals are impressive and align with the global push towards sustainable energy. However, achieving them requires more than ambition. We need strategic planning, significant investment and innovative technologies.

Prime Minister Datuk Seri Anwar Ibrahim’s visit to Berlin in March was not just ceremonial; it highlighted the importance of international collaboration and technology transfer in supporting Malaysia’s renewable energy goals. Global partnerships are essential for advancing the nation’s energy future.

Malaysia’s Renewable Energy Roadmap aims for 31% of the country’s power capacity to come from renewable sources by 2025 and for carbon emissions to be reduced by 45% by 2030. As of 2022, renewable energy capacity has grown to over 9,000 megawatts – a 50% increase since 2013.

However, renewable sources only produced 3.1 terawatt-hours of electricity, compared with 77.3 terawatt-hours from coal. Clearly, there is room for growth.

Imagine a seamless flow of electrons from renewable sources such as solar and wind into the national grid. These sources are often in remote areas, far from the high-demand city centres. The challenge is transporting this energy efficiently and ensuring a stable supply despite the variable nature of renewables.

Intermittency, the fluctuation in energy production from sources like solar and wind, can cause instability in the power grid, which traditionally relies on consistent output from fossil fuels. If the grid is not ready to handle these fluctuations, it could lead to blackouts or energy shortages.

To avoid stranding existing assets, Malaysia can repurpose peaker plants or retired thermal power plants using the Rotating Grid Stabiliser solution. This cost-effective solution ensures a reliable energy supply during the transition.

Stabilising voltage and frequency with synchronous condensers enhances the grid’s reliability, making it easier to integrate renewable energy. This approach supports the grid and maximises existing infrastructure, making the transition more practical and economically viable.

As mentioned, some sources of energy are far from high-demand city centres. This is not just a challenge for Malaysia but for the entire Southeast Asia. Efficient energy transport would ensure secure energy for Malaysia and nearby countries, making the region more resilient.

The Asean Grid ambition aims to create an interconnected electricity system among member states. By developing this integrated network, we can enhance energy security, promote renewable energy use and ensure a more reliable power supply across borders.

Long-distance power transmission requires a strong grid infrastructure. High-Voltage Direct Current (HVDC) technology can efficiently transmit large amounts of power over long distances with minimal energy loss.

Think of HVDC as a superhighway for electricity. This technology will allow Malaysia to export surplus renewable energy to neighbouring countries like Singapore, fostering regional cooperation and energy security.

Modernising the grid with HVDC will enhance Malaysia’s energy system, allowing it to accommodate more renewable energy and reduce environmental impact. This interconnected grid will support Malaysia’s renewable energy goals and set a precedent for sustainable development in the region.

However, these goals come with challenges. The energy sector is still developing and needs substantial investments – up to US$10.8 billion (RM47.33 billion) for solar PV alone. There is also a lack of awareness about the financial returns on these investments, which can hinder progress.

Public-private partnerships, supported by a strong regulatory framework, can help overcome these obstacles. Key actions include improving the financing landscape, reducing project approval times and ensuring policy transparency.

We recognise the complexities of this transition. With every step, we can make progress.

Malaysia’s journey will involve expanding renewable energy use, transforming conventional power, strengthening electrical grids, securing the supply chain and driving industrial decarbonisation. Each action contributes to a greener Malaysia.

Thorbjorn Fors is the group senior
vice president and managing director of
Asia Pacific Siemens Energy.
Comments: letters@thesundaily.com

MOSCOW: Former Russian President Dmitry Medvedev accused European leaders on Tuesday of seeking to dangerously escalate the Ukraine conflict following the re-election of former U.S. President Donald Trump.

Medvedev, a senior security official, wrote on Telegram that European politicians were aiming to “push the conflict with Russia into an irreversible phase” while they could and warned against allowing Kyiv to use Western long-range missiles to fire at targets inside Russia.

Medvedev dismissed what he called “ultimatums” issued by German opposition leader and possible next chancellor Friedrich Merz about Ukraine’s use of such weapons as “electioneering in nature”.

“It is clear that these missiles are not capable of changing anything significantly in the course of military operations”, he said.

French President Emmanuel Macron and British Prime Minister Keir Starmer reaffirmed their support for Kyiv during talks in Paris on Monday, while France’s foreign minister urged Ukraine’s allies not to prejudge how Trump will handle the conflict.

“Generally speaking, it is surprising to what extent the current generation of European politicians wants to drag the war into their territory”, Medvedev said.

Medvedev previously said that Trump’s win would likely be bad news for Ukraine. Trump, a Republican, has repeatedly criticised the scale of Western aid to Kyiv and has promised to end the conflict swiftly, without explaining how.

The Kremlin dismissed on Monday reports that Trump had spoken to Russian President Vladimir Putin in recent days as “pure fiction.”

BERLIN: German Chancellor Olaf Scholz will hold a vote of confidence in parliament on Dec. 16, a source told Reuters on Tuesday, a move that would pave the way for snap elections following the collapse of his three-way governing coalition.

More to follow

JAKARTA: Indonesia's President Prabowo Subianto met with U.S. President Joe Biden at the White House on Tuesday and offered his congratulations to President-elect Donald Trump by phone during an official visit to Washington.

“I will work very hard to strengthen Indonesian-United States relationship, and I would like to work towards this end that we have a strong cooperation,“ said Prabowo.

Prabowo, who has said he will pursue a non-aligned foreign policy, met with Biden in the Oval Office after posting a video of his call to Trump.

He arrived in Washington straight from China, where he had met with President Xi Jinping on his first overseas trip since taking office last month.

Washington sees Indonesia, the most populous country in Southeast Asia, as an important partner in a region where its rival Beijing has deep trade and investment ties. Indonesia is also the world's most populous Muslim-majority country.

While China is a key economic partner for Indonesia, Jakarta has also become a big buyer of U.S. arms, and it wants to sell the West more metals from its mines.

At the White House, Biden said the two leaders were discussing climate, conflict in the Middle East and the South China Sea.

Indonesia said on Monday it does not recognize China's claims over the vast majority of the South China Sea, despite signing a maritime development deal with Beijing.

“We continue to encourage Indonesia to work with their legal experts to make sure any agreement they make with (the People’s Republic of China) is in accordance with international law, especially the UN Convention on the Law of the Sea,“ said White House spokesperson Karine Jean-Pierre at a press briefing.

TRUMP CALL

Prabowo's office said he made the call to Trump on Monday after arriving in Washington. It did not immediately respond when asked if he is scheduled to meet Trump in person.

“Wherever you are, I’m willing to fly to congratulate you personally, sir,“ Prabowo said in the video of the call posted on his social media accounts.

“We’ll do that, anytime you want,“ Trump replied.

Trump described his own election victory as amazing, and said it gave him a big mandate.

He also said the Indonesian president was “very respected,“ and praised his English, to which Prabowo, a former special forces commander, replied: “All my training is American, sir.”

Prabowo also met with several U.S. company representatives in Washington, his office said, including from Freeport McMoRan and energy company Chevron, and urged the companies to invest in Indonesia. (Reporting by Stanley Widianto in Jakarta and Jeff Mason in Washington; Writing by Trevor Hunnicutt; Editing by John Mair, David Gregorio and Rosalba O'Brien)

MADRID: Schools in flood-hit towns in eastern Spain will be closed on Wednesday as the region braces for more torrential rains, officials said.

National weather office AEMET on Tuesday placed parts of Valencia as well as Catalonia in the northeast and Andalusia in the south and the Balearic Islands on orange alert -- the second highest level -- for strong or torrential rains until Thursday.

The alert comes two weeks after an exceptional Mediterranean storm caused Spain's deadliest floods in decades.

The October 29 storm killed 223 people, the bulk of them in the Valencia region, according to the latest official tally.

Dozens of town halls in Valencia, including Chiva, one of the worst-hit sites, suspended classes and closed public gyms because of the threats of more heavy rain.

“In response to the information provided by the emergency services, school and sports activities will be SUSPENDED from tomorrow until further notice,“ Chiva town hall wrote on X.

A military vehicle drove through towns in Valencia using a megaphone to warn of the expected storms and urge people not to make “unnecessary trips,“ images broadcast on Spanish public television TVE showed,

While the amount of rain that is forecast to fall in Valencia is less than what fell two weeks ago, local officials warned sewage systems are clogged with mud and could struggle to cope with significant precipitation making more flooding possible.

Outrage at the authorities for their perceived mismanagement before and after the floods triggered mass protests on Saturday, the largest in Valencia city which drew 130,000 people.

Classes were also suspended on Wednesday in parts of southern Catalonia as well as some towns and cities in Andalusia, inclusing Malaga.

JAKARTA: Airlines in Australia, Hong Kong, India, Malaysia and Singapore cancelled flights to and from the Indonesian resort island of Bali on Wednesday, after a nearby volcano catapulted an ash tower miles into the sky.

Australia’s Jetstar, Qantas and Virgin Australia all grounded flights after Mount Lewotobi Laki-Laki on Flores island spewed a nine-kilometre (5.6-mile) tower a day earlier.

Malaysia Airlines, AirAsia, India’s IndiGo and Singapore’s Scoot also listed flights as cancelled on Wednesday, according to an AFP journalist at Bali’s international airport.

“Volcanic ash poses a significant threat to safe operations of the aircraft in the vicinity of volcanic clouds,“ said AirAsia as it announced several cancellations.

Multiple eruptions from the 1,703-metre (5,587-foot) twin-peaked volcano in recent weeks have killed nine people, with 31 injured and more than 11,000 evacuated, Indonesia’s disaster mitigation agency said Tuesday.

Eruptions can pose serious risks to flights, disgorging fine ash that can damage jet engines and scour a plane’s windscreen to the point of invisibility.

Hong Kong’s Cathay Pacific also listed its flights as cancelled, rescheduling routes to and from Bali until Thursday.

“Virgin Australia has made some changes to its current flight schedule, due to the impacts of the volcano in Indonesia,“ the airline said, listing scrapped flights to Sydney and Melbourne.

Jetstar said all flights to and from Bali would be halted until noon on Thursday.

“Due to volcanic ash caused by the Mount Lewotobi eruption in Indonesia, it is currently not safe to operate flights to and from Bali,“ the company said in an advisory.

Qantas said “a number of flights to and from Denpasar Airport in Bali have been disrupted” due to volcanic ash from Lewotobi.

Malaysia Airlines said it had cancelled six flights Wednesday in a statement on its website.

The airlines said they would monitor the volcano’s status and provide updates.

Singapore’s Scoot and Malaysia’s AirAsia did not immediately respond to an AFP request for comment. Singapore Airlines was still listing its flights as running on Wednesday.

refunds, rescheduling, re-routing

Ahmad Syaugi Shahab, general manager of Bali’s international airport, said 12 domestic and 22 international flights had been affected on Tuesday, without identifying the routes.

He did not provide details about affected flights on Wednesday’s schedule.

“Due to this natural event impacting flight operations, airlines are offering affected passengers the options of refunds, rescheduling, or re-routing,“ he added in a statement.

Bali’s international airport operator PT Angkasa Pura Indonesia said Wednesday it had conducted tests in its airspace and no volcanic ash was detected, saying the airport was “operating as normal”.

Lewotobi erupted again from midnight Wednesday until early morning, and a large ash column could be seen pouring from its crater, an AFP journalist nearby said.

Laki-Laki, which means “man” in Indonesian, is twinned with a calmer volcano named after the Indonesian word for “woman”.

The island’s economy is heavily reliant on tourism but Indonesia is one of the most disaster-prone nations on Earth, straddling the Pacific Ring of Fire where tectonic plates collide.

Lombok, an island neighbouring Bali, was rocked by earthquakes in 2018 that killed more than 500 and sparked a mass exodus of foreigners from the tropical paradise.

NEW DELHI: Residents of India’s capital New Delhi choked in a blanketing toxic smog Wednesday as worsening air pollution surged past 50 times the World Health Organization’s recommended daily maximum.

Many in the city cannot afford air filters, nor do they have homes they can effectively seal from the misery of foul smelling air blamed for thousands of premature deaths.

Cooler temperatures and slow-moving winds trap deadly pollutants each winter, stretching from mid-October until at least January.

At dawn on Wednesday, “hazardous” pollutant levels in parts of the sprawling urban area of more than 30 million people topped 806 micrograms per cubic metre, according to monitoring firm IQAir.

That is more than 53 times the World Health Organization recommended daily maximum of fine particulate matter -- dangerous cancer-causing microparticles known as PM2.5 pollutants that enter the bloodstream through the lungs.

By midday, when air usually is at its best, it eased to about 25-35 times above danger levels, depending on different districts.

The city is blanketed in acrid smog each year, primarily blamed on stubble burning by farmers in neighbouring regions to clear their fields for ploughing, as well as factories and traffic fumes.

‘Alarming’

But a report by The New York Times this month, based on air and soil samples it collected over five years, revealed the dangerous fumes also spewing from a power plant incinerating the city’s landfill garbage mountains.

Experts the newspaper spoke to said that the levels of heavy metals found were “alarming”.

Swirling white clouds of smog also delayed several flights across northern India.

The India Meteorological Department said that at least 18 regional airports had a visibility lower than 1,000 metres (1,093 yards) -- dropping below 500 metres in Delhi.

India’s Supreme Court last month ruled that clean air was a fundamental human right, ordering both the central government and state-level authorities to take action.

But critics say arguments between rival politicians heading neighbouring states -- as well as between central and state-level authorities -- have compounded the problem.

Politicians are accused of not wanting to anger key figures in their constituencies, particularly powerful farming groups.

City authorities have launched several initiatives to tackle pollution, which have done little in practice.

Government trucks are regularly used to spray water to briefly dampen the pollution.

A new scheme unveiled earlier this month to use three small drones to spray water mist was derided by critics as another “band-aid” solution to a public health crisis.

The WHO says that air pollution can trigger strokes, heart disease, lung cancer and other respiratory diseases.

It is particularly punishing for babies, children and the elderly.

A study in The Lancet medical journal attributed 1.67 million premature deaths to air pollution in the world’s most populous country in 2019.

KYIV: Russia escalated its attacks on Kyiv early Wednesday, launching waves of drones and missiles in its first combined aerial assault on the capital in more than 70 days, authorities said.

The broadside came as Washington and Seoul echoed warnings from Ukraine that North Korean troops had begun “engaging in combat operations” alongside Russian forces on the border between the warring countries.

A security source in Kyiv meanwhile told AFP that Ukraine was behind the assassination of a high-ranking Russian naval officer in a car bombing on the annexed Crimean peninsula.

Ukraine’s air force said its units had downed four missiles and 37 drones launched by Russia over eight regions of Ukraine overnight and into Wednesday morning.

“It is important that our forces have the means to defend the country from Russian terror,“ President Volodymyr Zelensky said in response to the attack.

Ukraine has for months been appealing to its Western allies to provide more air-defence systems to fend off Russian attacks on cities and critical infrastructure.

The large-scale bombardment comes at a critical moment on the battlefield. Russian forces are advancing in the east and concerns are growing over future aid for Ukraine after US Donald Trump’s victory in presidential elections.

Explosions in Kyiv, residents shelter

AFP journalists heard explosions ring out over Kyiv and saw dozens of residents seeking shelter in an underground metro station in the centre of the capital.

Kyiv officials said one man was wounded by falling debris from a downed drone in the suburb of Brovary, while emergency services distributed images of firefighters battling flames at one impact site.

A separate drone attack in the Ukrainian-controlled southern region of Kherson, which the Kremlin claims is part of Russia, killed a 52-year-old woman, the regional head said.

Multiple air raid sirens rang out early Wednesday as authorities said missiles were closing in on Kyiv, which was home to nearly three million people before Russia invaded in February 2022.

“As missiles were approaching Kyiv, the enemy simultaneously launched a ballistic missile attack on the capital. The enemy attack ended with another drone strike,“ city authorities said.

The attack is the latest in an uptick in escalating strikes on Ukrainian cities, mainly in the south of the war-battered country.

A Russian strike this week on Kryvyi Rig, Zelensky’s hometown, killed a 32-year-old mother and her three children.

The Kremlin has repeatedly denied its forces target civilians in Ukraine, a claim its spokesman repeated Wednesday in response to a question over whether Russian forces were working to minimise civilian casualties.

Crimea assassination

“Russian forces treat the civilian population with great care,“ Kremlin spokesman Dmitry Peskov told reporters, adding that Russia would continue its attacks.

Last week, Moscow and Kyiv launched record overnight drone attacks on each other.

Russian ground forces have been making rapid advances in Ukraine’s eastern Donetsk region, which the Kremlin claims is part of Russia.

On Wednesday, the Russian defence ministry said its troops had wrested control of the village of Rivnopil, where an estimated 98 people lived before the invasion.

As the Kremlin’s forces advance westwards, Kyiv has warned that Russia has amassed a force of 50,000 troops -- including North Korean soldiers -- to push out Ukrainian forces from the Russian border region of Kursk.

In Brussels, US Secretary of State Antony Blinken on Wednesday warned about the deployment of North Korean troops alongside Russian forces fighting on the Ukrainian border.

Blinken said he discussed with NATO chief Mark Rutte the fact that North Korean forces had been “injected into the battle, and now, quite literally, in combat which demands and will get a firm response.”

South Korea’s spy agency said North Korean soldiers were “engaging in combat” in Kursk, hours after US officials confirmed Pyongyang’s troops were actively fighting for Moscow against Ukraine.

Separately,a source in the Security Service of Ukraine said the agency had orchestrated a car bomb attack in the city of Sevastopol that killed a senior naval officer in the Black Sea Fleet.

The killing of Valery Trankovsky, which was confirmed by Moscow, is the latest in a string of targeted attacks on Russian military officers and pro-Kremlin public figures in occupied Ukrainian territory and within Russia.

Crimea was seized by Russia in 2014 in the wake of pro-democracy protests in Kyiv that sparked fighting in the east with Kremlin-backed separatists.

TAWAU: A total of 227 illegal Indonesian immigrants who were held at the Immigration Detention Centres in Kota Kinabalu and Papar were deported via Tawau Port to Nunukan Port, Tunon Taka Terminal, Indonesia yesterday.

Sabah Immigration Department director, Datuk Sh Sitti Saleha Habib Yussof said that the deportation process involved detainees aged between two and 82, comprising 107 men, 71 women, and 49 children, who travelled on the Purnama Express and Labuan Express ferries.

“This is the 19th series of deportation programmes for unauthorised immigrants by sea for the year 2024. They were detained for various offences under the Immigration Act 1959/1963 and Immigration Regulations 1963,” she said in a statement today.

She added that the deportation programme was carried out in collaboration with the Consulate General of Indonesia in Kota Kinabalu and the Indonesian Consulate in Tawau.

SINGAPORE: Royal Malaysian Navy (RMN) chief Admiral Datuk Zulhelmy Ithnain called on Singapore Defence Minister Dr Ng Eng Hen on Wednesday as part of his three-day introductory visit to the island republic.

The Singapore Defence Ministry (Mindef) said during the meeting at Mindef, both leaders reaffirmed the importance of maintaining strong ties between the navies of the two countries and discussed regional security developments.

“Zulhelmy’s visit underscores the warm and long-standing bilateral defence relations between Singapore and Malaysia,” Mindef said in a statement.

The Malaysian navy chief also called on the Republic of Singapore Navy (RSN) chief Rear-Admiral Sean Wat where they discussed opportunities to strengthen the relationship between the two navies.

Meanwhile, Zulhelmy will visit RSS Singapura – Changi Naval Base on Thursday as part of his programme here.

He will also visit the Information Fusion Centre, a regional Maritime Security centre situated at the Changi Command and Control Centre (CC2C), which is hosted by the RSN.

Zulhelmy, together with Wat, will also attend the opening ceremony of Exercise Malapura 2024 to commemorate the 40th anniversary of the flagship bilateral exercise between the RSN and RMN.

Exercise Malapura 2024 will be conducted from Nov 13 to 24.

The RSN and RMN interact regularly through bilateral exercises, visits and professional exchanges.

Beyond collaborative efforts to safeguard regional maritime security through the Malacca Straits Patrol, the two navies also engage through exercises held under multilateral platforms such as the Five Power Defence Arrangements, the ASEAN Defence Ministers’ Meeting (ADMM), and the ADMM-Plus.

Mindef said these interactions have enhanced the mutual understanding and professional ties between the two navies.

KUALA LUMPUR: AutoCount Dotcom Bhd (ADB), via its wholly-owned subsidiary Auto Count Sdn Bhd (ACSB), partnered with IAB LCCI Ltd, a collaboration formed following the Institute of Accountants and Bookkeepers’ (IAB) acquisition of the London Chamber of Commerce and Industry (LCCI) qualifications.

This agreement sets the stage for Asia’s first Cloud Accounting Certification Program, which will equip finance professionals with essential skills for the digital era.

The program will be launched on January 1, 2025, marking a significant step forward in modernising the region’s accounting landscape.

Under this collaboration, ADB will design the certification curriculum around its AutoCount Cloud Accounting software.

The syllabus will be submitted to IAB LCCI for accreditation.

IAB LCCI is regulated by the UK’s Office of Qualifications and Examinations Regulation (Ofqual), enhancing the certification’s credibility and alignment with global standards.

With LCCI’s extensive reach across Asia, the certification will be accessible through its network of educational centres and partner institutions, providing aspiring accountants with in-demand cloud accounting expertise.

ADB CEO Yan Tiee Choo said this collaboration with IAB LCCI allows the company to empower the next generation of accountants across Asia.

“Our goal is to provide a practical and accessible path to certification in cloud accounting, supporting not only recent SPM (Sijil Pelajaran Malaysia) graduates but also those seeking to upskill in a fast-changing industry.

“Together, we are paving the way for a more adaptable, technology-driven accounting workforce across the region,“ he said.

Bursa Malaysia-listed ADB is a leading provider of accounting and business software solutions.

IAB Group and IAB LCCI CEO Sarah Palmer said LCCI has been a leader in offering globally recognised qualifications for over 120 years.

“Our partnership with ADB reflects our shared commitment to advancing the accounting profession by equipping future finance professionals with relevant, high-quality skills.

“By collaborating with ADB, a pioneer in cloud accounting solutions, we ensure that this certification meets the industry’s evolving needs and helps individuals succeed in a digital-first finance sector,“ she said.

The certification offers a clear advantage for students and professionals looking to expand their accounting capabilities.

By learning on ADB’s cloud platform, candidates will gain hands-on experience in digital accounting practices, preparing them for careers in an increasingly automated finance landscape.

With the signing of this agreement, ADB solidifies its position as a leader in cloud accounting solutions and furthers its commitment to innovation in financial technology and education.

This partnership aligns with ADB’s vision to become Asia’s top business software provider, fostering a future-ready workforce and advancing the region’s digital transformation.

KUALA LUMPUR: Malaysia’s government is monitoring developments in the United States for potential changes in policies as a new administration prepares to take office in Washington, said Economy Minister Rafizi Ramli.

He said that given the influence the US has on the global economy, any country in the world would conduct some level of due diligence on the impacts a change in the US administration might bring.

“That is part and parcel of planning. While we await the next few announcements, we will observe how the Trump administration will impact the global economy and ours,” he told reporters after the Sesi Libat Urus Industri Rancangan Malaysia Ke-13 today.

Rafizi said Malaysia must be nimble and agile to react and respond to any geopolitical and international developments that may arise from a change in administration, not only in the US but in any of its large trading partners. “And the US is a very large trading partner for us,” he pointed out.

However, Rafizi noted that many of Malaysia’s plans concerning semiconductors and energy transition are driven by domestic needs and are largely structural. “That means it’s something we have to go through to prepare our industry and economy to be more robust. So in that sense, I think all the key reforms that need to be done still have to be done.”

Additionally, he said, Malaysia’s 13th Malaysia Plan will include initiatives to position the country as a global provider of a comprehensive artificial intelligence-driven data centre ecosystem. “The government’s focus has always been to tap into the opportunities presented by the data centre boom.”

Rafizi emphasised that Malaysia aims to avoid simply attracting data centre without integrating into the data centre value chain and supply chain. “We have been working on a few catalytic interventions to create the ecosystem.”

Rafizi said that by the end of this decade, Malaysia aims to participate in the entire data centre value chain, first benefiting from existing and future data centers in the country. “But more importantly, for us to begin exporting our own data centers around the world.”

For the 13th Malaysia Plan that is being prepared, Rafizi said, the Ministry of Economy is not only holding engagement sessions with state governments but also ensuring that it includes input from key strategic industries.

The sessions focus on the electronics, aerospace and automotive industries, and the process will continue to align government and industry planning. “The main goal is to transition our industries from assembly-based to innovation and creation-based industries,” Rafizi said.

KUALA LUMPUR: Bursa Malaysia Bhd is experiencing a resurgence in IPOs as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.

With 44 initial public offerings to date, Bursa Malaysia has outpaced other markets in Southeast Asia, emerging as an attractive IPO destination amid a stable economic and political landscape.

According to Mohd Sedek Jantan, UOB Kay Hian Wealth Advisors’ head of investment research, several factors have contributed to this surge. “The risk of doing business in the fourth quarter has subsided as major economic and political uncertainties have passed, such as the US presidential election while Malaysia’s active role in international forums has bolstered the country’s global standing,” he told Bernama.

He reckons that Malaysia’s stable economic indicators, including positive trade figures, healthy employment rates and steady industrial production have fostered a predictable business environment that encourages IPO activity. “Political stability and a clear government policy framework further enhance investor confidence,” he said.

The surge in IPOs on Bursa Malaysia underscores the local bourse’s resilience compared to other regional markets.

Mohd Sedek noted that Malaysia has recorded 36 IPOs so far this year, raising about US$450 million in the first half alone, which accounts for 33% of Southeast Asia’s total IPO proceeds.

“This stands in contrast to a subdued IPO market across the Asia-Pacific, where proceeds have dropped by 63%, largely due to challenges in China and Hong Kong.

“Malaysia has outperformed both Indonesia and Singapore in IPO activity this year,” he pointed out, highlighting that Indonesia faces political uncertainty following its recent presidential election, while Singapore has seen a slowdown in activity due to high regulatory costs and weak investor demand.

In contrast, he said Malaysia’s IPO market benefits from a stable macroeconomic backdrop, business-friendly regulations, and the supportive Madani Economy Framework.

Mohd Sedek said the growth in IPOs reflects optimism in key Malaysian sectors, with recent listings from the construction, manufacturing, and healthcare industries.

He said in the construction sector, which expanded by 22.9% in the third quarter, private and public investments in residential, non-residential, and large-scale infrastructure projects are expected to drive further growth. “Key government initiatives, such as RM9 billion for private finance initiatives and RM25.5 billion from government-linked investment companies are expected to sustain this momentum,” he added.

In the manufacturing sector, Malaysia’s transformation under the New Industrial Master Plan 2030 aims to drive growth in high-value, technology-driven industries. “The government’s focus on digitalisation, green technology, and advanced manufacturing techniques is expected to attract further investments, solidifying Malaysia’s position as a competitive manufacturing hub in Asean,” he said.

Malaysia’s healthcare sector is also expanding due to demographic shifts and rising health awareness. The integration of technology, such as telemedicine and digital health solutions, is anticipated to boost the sector’s growth by improving care accessibility and efficiency. “This trend, coupled with government support for medical tourism, positions Malaysia as a key player in the healthcare industry in the region,” Mohd Sedek said.

Bursa Malaysia CEO Datuk Muhamad Umar Swift expressed satisfaction with the IPO momentum, noting that three Main Market IPOs were listed this week alone.

“This surge reflects a thriving capital market with strong regulatory support and a diverse investor pool. Malaysia has experienced a bull run, making us the Asean exchange with the highest number of IPOs to date this year,” he said.

Echoing this sentiment, the exchange regulator’s chairman Tan Sri Abdul Wahid Omar highlighted the significance of Monday’s listings, which took place on the auspicious date of 11.11. (Nov 11)

“Both companies chose that date for its auspicious nature, marking a rare occasion of two listings on the same day. The last time Bursa hosted two listings on a single day was in November 2017, following the demerger of Sime Darby Group, which saw both Sime Darby Plantation Bhd and Sime Darby Property Bhd debut together,” he said.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the strong IPO pipeline signals positive prospects for the Malaysian economy, as stable policies and a clear path towards becoming a high-income nation attract investor interest.

“Malaysia’s equities are undervalued, offering upside potential. The economic and policy stability enhances investor confidence, while companies’ growth trajectories inspire optimism for the market’s future,” he said.

Mohd Afzanizam said that as Bursa Malaysia continues to attract IPOs, he expects the exchange’s momentum to inspire small and medium enterprises to pursue similar growth opportunities. “The record-setting IPO activity underscores Malaysia’s resilience and strong capital market position in Asean, providing a positive outlook for 2025,” he added. – Bernama

KUALA LUMPUR: As the takaful industry contends with escalating medical inflation and the rising costs of healthcare, the Malaysian Takaful Association (MTA) has called for increased government and private sector collaboration to ensure affordable, accessible protection options for all Malaysians.

MTA CEO Mohd Radzuan Mohamed envisions takaful becoming a leading option for Malaysians seeking protection.

With only 60% of the population currently insured or covered by takaful, he sees untapped potential among the remaining 40%, primarily in underserved and unserved communities.

“Our goal is to make takaful an accessible option, particularly for groups like the BM40 (top 20% of B40 and bottom 40% M40), who often do not receive enough attention from traditional agents,” he told SunBiz at the recent launch of Hijrah27.

Radzuan said the takaful sector has struggled to expand its market share, currently at about 20% after four decades.

In response, he said, they are considering how digital transformation, distribution enhancements and technology can address these challenges.

“Malaysia’s transformation plan and recent initiatives, like the financial sector blueprint, outline steps to close this gap by focusing on underserved communities, leveraging financial literacy campaigns, and engaging technology to make takaful accessible,” he added.

Additionally, he said co-payments, a shared cost model between the insurer and the insured, is seen as a potential solution to rising premiums fuelled by medical inflation.

“Collaborating with the Ministry of Health and Bank Negara Malaysia, takaful providers aim to develop cost-sharing models that help balance affordability and coverage. With co-payments, premiums could become more manageable, helping to mitigate the effects of medical inflation and making Takaful accessible for more people.”
While the adoption of co-payments is currently optional, Radzuan said, making it mandatory could have far-reaching implications on the takaful industry. “A balanced co-payment structure can be beneficial, but affordability must remain a priority to avoid defeating the purpose of protection,” he emphasised.

Looking forward, Radzuan said the association is exploring new technology-driven initiatives, such as the Hijrah27 framework, to improve customer service and operational efficiency. “Collaborations with fintech firms and the rise of AI-based solutions also show promise in elevating the industry’s standards and expanding reach,” he added.

KUALA LUMPUR: The shift towards subscription-based services is gaining traction in Malaysia, aligning with a broader global trend that redefines how consumers access products.

This model provides an appealing option for many Malaysians, particularly young families and newlyweds, who face rising living costs.

Offering high-quality appliances on a subscription basis eases the financial burden of ownership, allowing consumers to enjoy premium products without the pressure of a large upfront investment.

One notable brand offering subscription-based home appliance services is the South Korean brand, LG.

LG Malaysia product director of subscription business Hojin Jung said the introduction of the LG Rent Up Subscription in Malaysia is a natural progression of the company’s commitment to providing innovative and accessible solutions tailored to the evolving needs of modern consumers.

“LG Rent Up Subscription is inspired by our success with subscription models in South Korea, where we saw significant growth, driven by increasing demand for convenience and affordability.

“Recognising similar trends here, we noticed a growing interest in flexible ownership models in Malaysia, spurred by the need for more cost-effective solutions amidst rising living expenses and fuelled by shifting consumer preferences.

“Since its launch in March 2024, the market response has been encouraging. We have seen growing inquiries from customers who have signed up for our water purifier subscription model and are now exploring subscriptions for other high-demand appliances such as refrigerators, washing machines and TVs.

“This shift highlights a changing mindset in how Malaysians approach home appliance ownership – especially among younger, urban consumers who prioritise access over ownership, seeking premium products without the upfront financial commitment,” Hojin told SunBiz.

He said urbanisation and the desire for more sustainable, convenience-focused living have made subscription services an attractive option.

“By offering top-tier technology on a subscription basis, we make high-end living more accessible while emphasising affordability and environmental responsibility. LG’s Rent Up Subscription model meets Malaysians’ evolving needs, allowing them to enjoy premium technology without the burden of ownership,” he said.

Hojin said the subscription model is gaining popularity among young Malaysians, especially urban professionals and families facing high living costs and limited space.

This trend, he said, reflects a growing shift toward a ‘sharing economy,‘ where access to energy-efficient appliances without the financial strain of ownership is valued.

LG Rent Up Subscription’s launch saw a strong uptake in Kuala Lumpur and major cities, where 40% of tech-savvy millennials prefer renting to stay updated with technology affordably.

Elaborating on the model further, Hojin said that although subscription services share similarities across markets, the Malaysian context has distinct differences.

“In South Korea, for example, the rental model for water purifiers is well-established, with over 70% market penetration. Malaysia, meanwhile, is still in its early phase, but consumer awareness is rising quickly. Moreover, this trend is not isolated to Malaysia. LG is actively preparing to introduce the subscription model in other markets, including Taiwan and Thailand, by year-end.”

Touching on the vision for LG Rent Up in Malaysia, Hojin said the LG Rent Up Subscription is just the beginning of a transformative journey in how it engages with consumers in Malaysia.

“As we look ahead, we plan to expand our subscription offerings to include a wider array of smart home appliances and electronics, reflecting the growing demand for connected living solutions.

“Our vision for LG Rent Up Subscription is to enhance the customer experience by offering seamless integration with our LG ThinQ technology, which already empowers our appliances to be more intuitive and user-friendly. This will allow our customers to enjoy a smart, responsive lifestyle, further elevating the convenience and efficiency of their homes,” he explained.

Hojin said that as the subscription economy continues to evolve, particularly among tech-savvy and environmentally conscious consumers, LG Rent Up Subscription aims to play a pivotal role in making premium technology more accessible.

“Our ultimate goal is to foster a circular economy model in which subscribing to high-quality appliances reduces the financial burden on consumers and contributes to sustainability by extending product lifecycles and minimising waste.

“The more we enhance our subscription model, the more committed we are to making innovative technology more attainable. We ultimately aim to enrich the lives of our customers while promoting responsible consumption and environmental stewardship,” Hojin said.

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Egypt has bolstered Malaysia-Egypt bilateral relations, unlocking RM4.8 billion (US$1.1 billion) in potential export opportunities for Malaysia, according to the Ministry of Investment, Trade and Industry (MITI).

MITI stated that this export potential was largely generated through a roundtable meeting attended by 60 industry and business leaders from 47 Egyptian firms and key business associations, as well as 40 representatives from 20 Malaysian companies.

“During the session, productive discussions between Malaysian and Egyptian companies identified export potential worth RM4.8 billion (US$1.1 billion), particularly in high-value sectors such as automotive, chemicals, oleochemicals and renewable energy,” MITI said in a statement.

Egyptian companies also expressed interest in investment opportunities in Malaysia, particularly in medical devices and pharmaceuticals, MITI added.

The official visit took place from Nov 10-12, 2024.

In a bilateral meeting during the visit, MITI Minister Tengku Datuk Seri Zafrul Abdul Aziz and Egypt’s Minister of Investment and International Trade Hassan El Khatib agreed to reactivate the Malaysia-Egypt Joint Trade and Investment Committee (JTIC).

Malaysia will host the second JTIC Meeting in early 2025, focusing on collaboration in the semiconductor sector, renewable energy, the halal industry and digital transformation.

The two ministers further agreed that Malaysia’s Investment Development Board (MIDA) and Egypt’s General Authority for Investment and Free Zones (GAFI) should sign a memorandum of understanding to enhance bilateral investment relations.

To support Malaysian exporters’ access to North African and Arab markets, MITI noted that Malaysia’s trade office in Cairo, managed by the Malaysia External Trade Development Corporation (MATRADE), was upgraded in January 2024, offering improved market access and export support services.

Meanwhile, national carmaker Proton has expanded into the Egyptian market with a local assembly plant.

Assembly activities began with the first delivery of Proton’s completely knocked down (CKD) vehicles in September 2024, and sales are expected to start in January 2025, with a target of 16,000 units for the period 2024–2026, MITI reported.

Bilateral trade between Malaysia and Egypt from January to September 2024 rose 21.4% year-on-year to RM3.0 billion (US$648 million), compared to RM2.4 billion (US$545.5 million) in the same period last year.

Egypt was Malaysia’s fifth-largest trading partner in Africa in 2023.

Tengku Zafrul said MITI is confident this bilateral relationship will continue to grow, positively impacting the economy and supporting the objectives of the New Malaysian Industrial Master Plan (NIMP) by 2030.

“MITI and its agencies will take prompt follow-up action to ensure that all agreed initiatives are implemented efficiently,” he added.

KUALA LUMPUR: Malaysia’s cross-border renewable energy auction for Singapore’s energy importer, under Energy Exchange Malaysia (ENEGEM), will begin by year-end, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

He explained that, through efforts to integrate regional power grids, the country aims to strengthen energy security across ASEAN member states.

“Further to the regional integrated grid, it can also serve as an economic catalyst in fostering regional cooperation through cross-border renewable energy trade.

“By sharing excess energy, the country can reduce reliance on fossil fuels while building an integrated ASEAN energy infrastructure,” he said in his opening address at the 2nd Sustainability Environment Asia (SEA) 2024.

Fadillah, who is also the Energy Transition and Water Transformation (PETRA) Minister, confirmed that coal-fired generation will be gradually phased out, with no new coal power plants to be established.

He cited the International Energy Agency’s clear stance that reducing coal dependency is crucial to limiting global warming and stressed Malaysia’s commitment to this objective.

“We will continue to enhance grid flexibility by investing in and developing smart grids, digitising the power system, and expanding energy storage systems.

“By 2035, we aim to increase grid flexibility by 20%, enabling greater integration of renewable energy sources,” he added.

Under the National Energy Transition Roadmap, the government aims to raise renewable energy’s contribution to Malaysia’s installed power capacity to 70% by 2050, up from the current 28%.

Meanwhile, he outlined plans to restructure Malaysia’s water services over the next decade in collaboration with the National Water Services Commission (SPAN) and the Malaysian Water Association.

“As of 2023, 97.1% of urban and rural areas had access to water supply, while sewerage services covered 86.9% of major cities.

“Malaysia aims for 98% rural clean water coverage and a 31% non-revenue water rate by 2025 through Integrated Water Resource Management (IWRM),” he said.

Malaysia remains committed to fostering a healthy environment, driving economic prosperity, and improving the quality of life for its people and future generations.

As the country strives toward its net zero carbon goal by 2050, it is vital to capitalise on every opportunity to navigate a sustainable transformation and embrace a circular economy.

“I invite businesses to partner with the government and explore all options for collaboration,” he added.

PETALING JAYA: The latest AHK World Business Outlook Fall 2024 Survey conducted among German companies in Malaysia reveals an optimistic forecast for 2025, with positive sentiment about both current conditions and prospects.

The survey highlights key insights reflecting the resilience and growth expectations of German businesses operating in Malaysia.

When asked to assess the current performance of their company, 92% of German businesses in Malaysia report conditions as “good or satisfactory”, which marks a significant increase of 10% compared to the same period last year.

Strong economic development and confidence among German businesses in Malaysia are expected to continue into next year, with 97% of respondents describing the outlook for 2025 as “favourable or stable”.

While Malaysia has always been recognised for its strong economic foundation, this year’s survey results demonstrate a significant boost in confidence, surpassing expectations from last year’s outlook and highlighting the continued resilience of Malaysia’s economy.

Reflecting this confidence, more than 63% of companies expect positive business development over the next 12 months, while 35% anticipate the current stability will be maintained. Only 1.8% predict a decline in performance, showcasing a predominantly positive outlook for the year ahead.

Additionally, four in 10 companies intend to increase investments in the coming year, suggesting a commitment to further growth within the business community.

Employment plans also appear to be promising, with almost half of the German companies in Malaysia indicating plans to ramp up hiring. An equal percentage (47%) intend to retain their current workforce, emphasising a dual approach to growth and stability in human resources.

While the survey paints a generally encouraging outlook for businesses in Malaysia, respondents identified several challenges that could potentially impact their economic development in the coming years.

Survey participants view demand, economic policy conditions, and lack of skilled workers as potential challenges. These insights underscore the need for ongoing vigilance and strategic planning as companies navigate both opportunities and uncertainties in a highly competitive and volatile global market.

Overall, the findings of the survey illustrate a strong confidence among companies in Malaysia, highlighting a positive trajectory for business development and economic growth in the coming year.

Malaysian-German Chamber of Commerce and Industry (MGCC) executive director Jan Noether said, “The results of the AHK World Business Outlook Fall 2024 Survey align perfectly with our expectations for the future of German business in Malaysia. The strong sentiment and optimism reflected in the survey highlight the positive situation we are experiencing here and underscore our confidence in Malaysia’s economic stability and growth prospects. German companies are comfortable and committed to the Malaysian market, with a clear outlook for continued success and expansion in the year ahead. Moreover, Malaysia’s stable economic environment and supportive policies play a key role in stimulating further investment, reinforcing our belief in the country as a reliable and attractive hub for business growth.”

In Malaysia, the survey was conducted between Sept 23 and Oct 16, with 111 respondents from MGCC member companies, comprising mostly German companies with branches or subsidiaries in Malaysia, primarily from the manufacturing, trade, and services sectors.

The survey is part of the broader AHK World Business Outlook, a biannual global research initiative conducted by the German Chamber of Commerce and Industry. It surveys member companies from the network of German chambers of commerce abroad (AHK), which represent more than 40,000 companies in 93 countries.

PETALING JAYA: The Cisco 2024 AI Readiness Index revealed that only 14% of organisations in Malaysia are fully prepared to deploy and leverage artificial intelligence-powered technologies, up slightly from 13% a year ago.

This underscores the challenges companies face in adopting, deploying, and fully leveraging AI. Given the rapid market evolution and the significant impact AI is anticipated to have on business operations, this readiness gap is especially critical.

The Index is based on a double-blind survey of 3,660 senior business leaders from organisations with 500 or more employees across 14 markets in Asia-Pacific, Japan, and China (APJC). These leaders are responsible for AI integration and deployment within their organisations. The AI readiness index is measured across six pillars – strategy, infrastructure, data, governance, talent, and culture.

AI has become a cornerstone for business strategy, and there is increasing urgency among companies to adopt and deploy AI technologies. In Malaysia, 98% of companies report an increased urgency to deploy AI in the past year, driven primarily by the CEO and leadership team. Additionally, companies are committing a significant amount of resources towards AI, with 55% reporting that as much as 10% to 30% of their information technology (IT) budget is being allocated to AI deployment.

Despite significant AI investments in strategic areas such as cybersecurity, IT infrastructure, and data analytics and management, many companies report that returns on these investments are not meeting their expectations.

“As companies accelerate their AI journeys, it’s critical they adopt a comprehensive approach to implementation and connect the dots to link AI ambition with readiness,” said Cisco Malaysia managing director Hana Raja.

“This year's AI Readiness Index reveals that to fully leverage the potential of AI, companies need a modern digital infrastructure capable of meeting evolving power needs and network latency requirements from growing AI workloads. This must be supported with the right visibility to achieve their business objectives.”

Anupam Trehan, vice-president, people and communities APJC, at Cisco, said: “As the race to adopt AI picks up pace, talent will be a key differentiator for companies. There is already a shortage of skilled talent across various aspects of AI. This means companies will need to invest in their existing talent pool to meet the growing demand. At the same time, it is crucial that all stakeholders – the private and public sectors, educational institutions, and governments – work together to develop local talent so that the entire ecosystem can benefit from the immense potential that AI offers.”

Volkswagen Group is seeking significant cost reductions as it faces declining demand, rising expenses, and mounting competition. The automaker has proposed a 10 per cent wage reduction for its union employees after IG Metall, the union representing Volkswagen’s workforce, requested a seven per cent raise. This wage cut comes as part of broader measures Volkswagen is considering to address financial difficulties, which include restructuring bonuses and possibly eliminating anniversary and monthly bonuses.

Despite these proposed changes, Volkswagen’s CEO Thomas Schafer has not ruled out more drastic options, such as plant closures, if cost-cutting goals are not met through negotiations. “Successful operations are a prerequisite for job security,” said Arne Meiswinkel, VW’s lead negotiator, highlighting the necessity for lower labour costs to stabilise the company.

Volkswagen reported a steep 42 per cent drop in third-quarter operating profits, and its core brand posted only a two per cent operating margin through September. According to CFO and COO Arno Antlitz, this underscores the need for “significant cost reductions and efficiency gains” to sustain the company’s operations.

Rumours of potential plant closures in Germany have circulated as the company confronts inefficiencies across several domestic sites. Schafer remarked that the issues cannot be resolved by “simple cost-cutting measures,” indicating deeper structural challenges within the automaker’s German manufacturing operations.

Volkswagen and IG Metall will resume negotiations on November 21.