logo
MADANI Adopted School Programme Helps Provide Better Access, Equal Opportunities For Students

MADANI Adopted School Programme Helps Provide Better Access, Equal Opportunities For Students

Barnama21-06-2025
GENERAL
By Siti Baaqiah Mamat & Nurfardlina Izzati Moktar
KUALA LUMPUR, June 21 (Bernama) -- The involvement of corporate companies in the success of the MADANI Adopted School Programme is seen as capable of enhancing the competitiveness of students in underprivileged and rural schools, in addition to providing them with better access to quality education and more equal opportunities.
Malaysian Inclusive Development and Advancement Institute, Universiti Kebangsaan Malaysia (Minda-UKM) deputy director Dr. Anuar Ahmad said that this measure is also believed to help address the educational gap between urban and rural areas, thereby strengthening the national education system.
"We realise that financial assistance is very important, especially for schools in rural areas that face a lack of basic facilities and learning materials such as the latest devices, so with additional financial resources, schools can provide a more conducive learning environment.
"The industry can also contribute through early career exposure. They can visit schools to give briefings so that students can understand earlier about job opportunities, courses or educational pathways, and the skills needed in the real industry," he told Bernama.
Yesterday, Education Minister Fadhlina Sidek announced the selection of nearly 1,000 schools for the MADANI School Adoption Programme, implemented in collaboration with 117 private companies, aimed at addressing the education gap across the country.
The programme, which started in April, is jointly coordinated by the Ministry of Education (MOE) and Ministry of Finance (MOF), and the first phase is expected to be completed by Dec 31, with a programme extension subject to the results of the first phase.
Prime Minister Datuk Seri Anwar Ibrahim, at the programme's launch event yesterday, also encouraged corporate figures and representatives of the sponsoring companies of the MADANI Adopted School Programme to visit the schools to engage with and provide early exposure to students about the importance of education for their future.
Dr Anuar said that the involvement of the corporate company not only strengthened the school's resources and facilities but also increased students' motivation, interest, and aspirations towards learning, and helped them plan their future career paths more clearly and competitively.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Homegrown coffee brand Caffeinatics finds its place among coffee lovers
Homegrown coffee brand Caffeinatics finds its place among coffee lovers

Sinar Daily

timean hour ago

  • Sinar Daily

Homegrown coffee brand Caffeinatics finds its place among coffee lovers

Mohammad Amin Hashim, 39, said the idea to start the business came from his wife, Nurul Ain Kamarulzaman, 36, who wanted to commercialise her homemade coffee recipes through local vendors. 13 Jul 2025 02:00pm Caffeinatics entrepreneur, Mohammad Amin Hashim, prepares coffee before bottling it for distribution to several vendor locations around Senawang, Bandar Seri Jempol, Kajang, and Bangi, at his residence in Senawang recently. - Bernama photo SEREMBAN - What began as a small-scale venture has now grown into a recognised local coffee brand. Caffeinatics, founded by a husband-and-wife duo, has steadily gained popularity among local coffee lovers in Negeri Sembilan and Selangor. Mohammad Amin Hashim, 39, said the idea to start the business came from his wife, Nurul Ain Kamarulzaman, 36, who wanted to commercialise her homemade coffee recipes through local vendors. Caffeinatics now offers more than 27 drink variations, including Latte, Caramel, Americano, Mocha, Mojito, Chocolate and Matcha, which can be found at several vendor locations around Senawang, Bandar Seri Jempol, Kajang, and Bangi, priced between RM8 and RM14 per bottle, depending on the type of drink. - Bernama photo Starting with an initial capital of RM10,000, plus an additional RM3,000 grant from the Negeri Sembilan Entrepreneur Development Fund, the couple has been managing Caffeinatics full-time since 2023, after operating part-time for the first two years. "In the beginning, we started small from home and delivered to several vendors around Senawang. Alhamdulillah, the response was overwhelming, we could barely keep up with the demand,' Mohammad Amin told Bernama when met here today. Focusing on quality and careful execution, he said all preparation is done manually to ensure consistent results and premium quality. Caffeinatics now offers more than 27 beverage variations and are sold by vendors in Senawang, Bandar Seri Jempol, Kajang, and Bangi. The beverages are priced between RM8 and RM14 per bottle, depending on the type. Among the bestsellers are Latte, Caramel, Americano, Mocha, Mojito, Chocolate and Matcha. "Every day, we produce around 120 bottles, and at times, up to 500 bottles depending on orders,' said Mohammad Amin, who was trained as a barista and holds a Malaysian Skills Certificate (SKM) Level 2. The father of three also expressed his desire to share his knowledge with those who are interested in the coffee business. "Our goal is not just to improve our own standard of living, but also to help the local community generate income through business opportunities with us,' he said. - BERNAMA More Like This

Brisk ringgit transactions ensure Malaysian currency maintains high global standing
Brisk ringgit transactions ensure Malaysian currency maintains high global standing

New Straits Times

time4 hours ago

  • New Straits Times

Brisk ringgit transactions ensure Malaysian currency maintains high global standing

KUALA LUMPUR: Malaysia's brisk ringgit-denominated transactions will continue to entrench the local currency as among the top 20 currencies globally, a top wealth management company official said today. SPI Asset Management managing partner Stephen Innes said demand for transactions in ringgit would be driven by Malaysia's strong trading linkages, especially with China, Singapore and other Southeast Asian economies. Expanding usage of ringgit for currency settlements, bilateral agreements and portfolio inflows into the domestic bond market and encouraging growth have helped sustain demand for the local note. "This will help to keep the ringgit on the global radar," he told Bernama in an interview today. The ringgit strengthened to as high as 4.1990 against the US dollar on May 5, 2025, appreciating by about 6.2 per cent from the start of the year, marking its strongest level in 2025. To date, the local note was traded at 4.2475/2525 against the greenback. Innes was responding to a report by Seasia Stats, which compiled data from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), that listed the ringgit as among the top 20 most influential currencies globally. Seasia Stats is a social media page and online platform that shares statistics and data visualisations about Southeast Asia. It covers a wide range of topics, including economics, demographics, culture, health and technology. Innes said trade, especially in the high-growth electronics and semiconductor sector, palm oil products as well as energy would stimulate demand for the ringgit. "Malaysia's regional financial integration also plays a significant role in enhancing the ringgit's global presence," he said. "The growing use of local currency settlement mechanisms, supported by bilateral agreements with Indonesia, Thailand and China, has increased the operational footprint of the ringgit in cross-border trade. "On the investment side, despite cyclical volatility -- Malaysia's bond market still attracts portfolio inflows due to its depth and relatively attractive yields," he said. He added that this consistent interest helps sustain demand for the ringgit among global asset allocators. Innes said Bank Negara Malaysia's ongoing efforts to upgrade financial infrastructure and promote digital payment connectivity have improved the ringgit's accessibility and efficiency in international systems. According to Seasia Stats data, the US dollar continued to dominate international transactions with a 49.68 per cent share, followed by the euro (22.24 per cent), British pound (6.51 per cent), and Japanese yen (4.03 per cent). The ringgit, along with the Hungarian forint and Thai baht, rounded out the top 20, each accounting for under 0.3 per cent of global usage. Innes said the ringgit's inclusion may be modest in scale, but it reflects a significant shift in the ringgit's regional relevance. "While its share of global transactions remains under 0.3 per cent, its presence on the list reflects more than just size — it points to Malaysia's strategic position within global trade and financial networks, particularly in the Asia Pacific. "The ringgit may not be a reserve powerhouse, but it's increasingly being used where it counts: in trade settlement, capital flows and regional currency cooperation," he added. Meanwhile, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the government's efforts to improve its fiscal position — which reduced the fiscal deficit to 4.5 per cent of gross domestic product (GDP) in the first quarter of 2025 from 5.7 per cent in the same period last year — have supported the ringgit's performance. Key fiscal measures — including the increase in the sales and service tax (SST) from six per cent to eight per cent on March 1, 2024 and the diesel subsidy rationalisation implemented in June — have helped strengthen government finances. This includes a 30.3 per cent increase in SST collection in the first quarter of 2025 and a reduction in spending on subsidies and social assistance. "On that note, that helped improve the ringgit as foreign investors were seen as net buyers in our bond markets, especially the Malaysian Government Securities (MGS) and Government Investment Issues (GII). He said BNM's foreign exchange reserves also rose from US$115.5 billion in January to US$120 billion at the end of June, further supporting the appreciation of the ringgit.

Brisk ringgit transactions ensure Malaysian currency maintains high global standing
Brisk ringgit transactions ensure Malaysian currency maintains high global standing

Malaysian Reserve

time4 hours ago

  • Malaysian Reserve

Brisk ringgit transactions ensure Malaysian currency maintains high global standing

KUALA LUMPUR — Malaysia's brisk ringgit-denominated transactions will continue to entrench the local currency as among the top 20 currencies globally, a top wealth management company official said today. SPI Asset Management managing partner Stephen Innes said demand for transactions in ringgit would be driven by Malaysia's strong trading linkages, especially with China, Singapore and other Southeast Asian economies. Expanding usage of ringgit for currency settlements, bilateral agreements and portfolio inflows into the domestic bond market and encouraging growth have helped sustain demand for the local note. 'This will help to keep the ringgit on the global radar,' he told Bernama in an interview today. The ringgit strengthened to as high as 4.1990 against the US dollar on May 5, 2025, appreciating by about 6.2 per cent from the start of the year, marking its strongest level in 2025. To date, the local note was traded at 4.2475/2525 against the greenback. Innes was responding to a report by Seasia Stats, which compiled data from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), that listed the ringgit as among the top 20 most influential currencies globally. Seasia Stats is a social media page and online platform that shares statistics and data visualisations about Southeast Asia. It covers a wide range of topics, including economics, demographics, culture, health and technology. Innes said trade, especially in the high-growth electronics and semiconductor sector, palm oil products as well as energy would stimulate demand for the ringgit. 'Malaysia's regional financial integration also plays a significant role in enhancing the ringgit's global presence,' he said. 'The growing use of local currency settlement mechanisms, supported by bilateral agreements with Indonesia, Thailand and China, has increased the operational footprint of the ringgit in cross-border trade. 'On the investment side, despite cyclical volatility — Malaysia's bond market still attracts portfolio inflows due to its depth and relatively attractive yields,' he said. He added that this consistent interest helps sustain demand for the ringgit among global asset allocators. Innes said Bank Negara Malaysia's ongoing efforts to upgrade financial infrastructure and promote digital payment connectivity have improved the ringgit's accessibility and efficiency in international systems. According to Seasia Stats data, the US dollar continued to dominate international transactions with a 49.68 per cent share, followed by the euro (22.24 per cent), British pound (6.51 per cent), and Japanese yen (4.03 per cent). The ringgit, along with the Hungarian forint and Thai baht, rounded out the top 20, each accounting for under 0.3 per cent of global usage. Innes said the ringgit's inclusion may be modest in scale, but it reflects a significant shift in the ringgit's regional relevance. 'While its share of global transactions remains under 0.3 per cent, its presence on the list reflects more than just size — it points to Malaysia's strategic position within global trade and financial networks, particularly in the Asia Pacific. 'The ringgit may not be a reserve powerhouse, but it's increasingly being used where it counts: in trade settlement, capital flows and regional currency cooperation,' he added. Meanwhile, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the government's efforts to improve its fiscal position — which reduced the fiscal deficit to 4.5 per cent of gross domestic product (GDP) in the first quarter of 2025 from 5.7 per cent in the same period last year — have supported the ringgit's performance. Key fiscal measures — including the increase in the sales and service tax (SST) from six per cent to eight per cent on March 1, 2024 and the diesel subsidy rationalisation implemented in June — have helped strengthen government finances. This includes a 30.3 per cent increase in SST collection in the first quarter of 2025 and a reduction in spending on subsidies and social assistance. 'On that note, that helped improve the ringgit as foreign investors were seen as net buyers in our bond markets, especially the Malaysian Government Securities (MGS) and Government Investment Issues (GII). He said BNM's foreign exchange reserves also rose from US$115.5 billion in January to US$120 billion at the end of June, further supporting the appreciation of the ringgit. — BERNAMA

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store