By Ts. Ling, Thomas Kiong, MIEAust., PMP, MMIM.

This will be the Focus Area 7 within latest announced Malaysia's Fiscal Budget for the Year 2023. Much focus has been given in providing training and upskilling for existing workforce with various initiative under this key focus area. Despite so, in our opinion, this initiative is much driven towards the younger generation in preparing them to face the next industrial revolution, the age of full digitization and automation. Through latest addendum to Federal Government Gazette Pembangunan Sumber Manusia Berhad Amendment on First Schedule of PSMB Act 2001 Order 2021, it has now become mandatory for all employer to pay HDR levy to form Training Grant.

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