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Dear cassandra.tan@ampro-solutions.com
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Autumn Catch-Up: What’s New at Issue III?? |
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Since our last update in May 2024, life has been busier than ever here at III!
We’ve been moving full speed ahead with new trainings, exciting consultancy projects, and notable achievements. As we gear up for the final quarter of the year, we’re thrilled to share some of our recent Latest Industry News & Updates.
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Latest Industry News & Updates: |
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HRD Corp Fee Adjustments for Training Programmes |
Exciting news from HRD Corp! As announced on October 4, 2024, HRD Corp has introduced new adjustments that will significantly benefit companies looking to invest in quality training programs.
Employers can now make hourly-based claims for training programs, offering greater flexibility.
Additionally, the ceiling for course fees has been raised to RM1,500 per hour or RM10,500 per day, up from the previous cap of RM6,000 per day.
This change is aimed at enabling companies to provide more high-quality and high-value training to their employees, allowing organizations to invest in specialized programs that meet their specific needs. |
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Johor Weekends Holidays Change
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Johor’s weekend holidays will officially shift from Friday-Saturday to Saturday-Sunday starting January 1, 2025.
This change aligns Johor’s workweek with most other states in Malaysia, potentially impacting business operations, training schedules, and employee work-life balance.
Companies operating in Johor or having business ties with Johor-based firms should be prepared for this transition, as it may require adjustments in scheduling and planning.
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Boost for Environmental, Social, and Governance (ESG) Training Initiatives
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With increasing pressure on businesses to integrate ESG practices, there has been a notable rise in demand for ESG-related training programs. In line with Malaysia's efforts to meet sustainability goals, the Securities Commission Malaysia continues to emphasize the importance of ESG compliance, particularly for listed companies.
Employers are now seeking training programs that focus on:
- Environmental Sustainability Practices: Workshops and courses related to reducing carbon footprints, managing waste, and transitioning towards renewable energy sources.
- Corporate Social Responsibility (CSR): Programs designed to help businesses align with global CSR trends and practices, emphasizing ethical business operations and community development.
- Governance and Transparency: ESG-focused training that equips leaders with the tools to ensure accountability, transparency, and ethical governance.
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With the rising importance of sustainability, HRD Corp's new fee adjustment makes it easier for companies to claim and provide these high-quality, future-focused training programs for their workforce. | |
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As part of Malaysia’s Climate Change Action Plan, companies are increasingly required to integrate climate-related strategies into their operations. Training programs on ISO 14001:2015 Environmental Management Systems are in demand, focusing on helping businesses implement and maintain sustainable practices.
This is aligned with global trends of reducing environmental impact and ensuring compliance with new regulations.
In addition to environmental management, climate-related ISO amendments have become crucial for industries like construction and manufacturing, where sustainability initiatives are becoming the standard. Companies are seeking consultancy support and training to stay ahead of these regulatory changes.
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The Malaysian government’s push towards green technology continues, offering incentives for companies investing in energy efficiency and sustainable development. |
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As part of this initiative, many businesses are opting for training programs to upskill their workforce in areas like energy management, green building certifications, and sustainable operations.
These programs are designed to help organizations reduce energy consumption and embrace eco-friendly practices, leading to long-term cost savings and a positive environmental impact.
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With the increased claim limits, consider incorporating specialized training such as Environmental Sustainability Practices, ESG Compliance, and Climate Change Action to stay ahead in today’s evolving business landscape. |
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