{
  "id": 15688564,
  "title": "2 dekad bina insan yang membina Malaysia",
  "url": "https://urgent.news/2026/10/20/2-dekad-bina-insan-yang-membina-malaysia-15688564",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-20T01:30:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/bahasa/tempatan/2026/10/20/2-dekad-bina-insan-yang-membina-malaysia"
  },
  "original_language": "en",
  "account": "Malaysia's next generation of talented youths are among several Khazanah initiatives aimed at fostering a skilled generation in various fields. Nationally, progress is often measured by key indicators such as GNI growth, foreign direct investment, and global competitiveness. In June 2026, Malaysia rose eight positions to rank 15th in the World Competitiveness Index, strengthening its position at the global level. However, the main indicators do not necessarily reflect the reality of everyday life for Malaysian citizens. While the economy continues to grow and attract investment, many still struggle to find quality jobs, increase income, and advance their economic standing. One manifestation of this challenge is the surplus of graduates in the job market. Simply having a degree or vocational qualification does not guarantee suitable employment or higher wages, leading many young Malaysians to struggle to find opportunities that align with their skills and aspirations. Under the National Smart Economy framework, raising the floor is not just about bringing more people into the job market, but ensuring that these jobs offer better pay, stronger security, and clearer career paths. If productivity increases and companies achieve billion-ringgit profits, but workers still earn RM1,700, we have not yet raised the floor, says Prime Minister Anwar Ibrahim at the end of September. The 2027 budget then proposes increasing the minimum wage to RM2,000 starting June 2027 and setting RM2,500 as the starting wage for graduates and part-time jobs. However, wage-related measures must be aligned with pathways that help young people secure and maintain quality jobs. For Malaysia's wealth, Khazanah's role goes beyond merely returning financial gains. It operates on two fronts: strengthening strategic sectors with Malaysian companies increasing economic integration, and building skills, business, and talent that raise the living standard of the populace. \"Khazanah's unique mandate allows us to deliver commercial returns while advancing Malaysia's development agenda. Our goal is intertwined: strong investment enables us to reinvest in strategic sectors, talent development, and entrepreneurship, subsequently creating long-term economic value and broader opportunities for the Malaysian people,\" said Amirul Feisal Wan Zahir, Managing Director of Khazanah Nasional Berhad. Developing the workforce encompasses various stages of Malaysian citizens' career journeys. The Khazanah scholarship program helps new graduates build a strong professional foundation through structured training and practical work experience, while placement programs provide professional exposure with creative Malaysian mentors, access to special learning, international perspectives, and professional networks that can benefit each individual's field here. On a larger scale, K-Youth addresses the disparity in achievement earnings among Malaysian youths based on skills, experience, and industry requirements demanded by employers. The market expansion and talent development program works with industry partners to provide industry-specific training, practical work experience, and career pathways in high-growth sectors such as semiconductors, aviation, and digital technology. Under the Accelerate track, 85% of participants successfully secured jobs within three months of completing the program in 2025, with 81% retaining employment in 2026. Three-quarters of trainees come from the B40 category, and half of them now earn RM3,000 to RM4,000 per month. Since 2023, over 35,000 young Malaysians have benefited from Khazanah programs, furthering the impact of initiatives like the Madani Talent. However, talent development must be aligned with companies striving to create quality jobs. Entrepreneurs and mid-sized companies need more than just capital to grow, innovate, and compete; they also require skills, networks, and expertise to scale their operations. Through the Impact Fund, Khazanah combines capital with capacity-building to strengthen businesses, build Malaysian talent, and generate job opportunities in strategic sectors. Planned initiatives such as the mid-sized company innovation program and the Elevate program in collaboration with the Securities Commission Malaysia have supported 54 companies in strengthening their growth capabilities. The 2027 budget continues this effort by expanding the Ciptawan Fund—an initiative for mid-sized Malaysian and Bumiputera companies—to RM250 million through the Teraju partnership. Empowering the workforce to achieve the best results occurs when high-value companies are willing to take them on as employees. The SkyeChip semiconductor company exemplifies how business development and talent-building can mutually strengthen each other. Supported by the Impact Fund, the company has built a team of over 300 engineers, invested in research and development (R&D) to pay wages, and employed Khazanah Youth trainees to work—ultimately proving that a stronger company can create better opportunities, while refining talent continues to drive growth.",
  "summary": "Dari universiti hingga ke makmal cip berteknologi tinggi, Khazanah terus menaikkan lantai ekonomi negara melalui peluang ke peringkat tertinggi.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "2 dekad bina insan yang membina Malaysia",
        "url": "https://urgent.news/2026/10/20/2-dekad-bina-insan-yang-membina-malaysia",
        "published": "2026-10-20T01:30:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}