PFF 2023 Dinner

On 21 August 2023, the Penang Future Foundation (PFF) Day concluded with an appreciation night at Olive Tree Hotel, hosted by Chief Minister of Penang, YAB Tuan Chow Kon Yeow 曹觀友, who is also the Chairman of PFF Selection Committee.

Since August 2019 till August 2023 there are 347 scholars who have graduated and over 290 scholars along with more than 35 industry players gathered together at the PFF dinner to celebrate this wonderful night with various programmes such as certificate-giving, performances by PFF scholars and networking session between industry players and the scholars.

We extend our gratitude to the Penang State Government, PFF Selection Committee members, co-interviewers, and industry players for their unwavering support on cultivating the future talent, improving their professional development, and making tertiary education more accessible by providing financial aid.

Once again, congratulations and well done to the 347 scholars.

PFF Day 2023 – Industrial Immersion: A Learning Experience

The Penang Future Foundation (PFF) Day 2023 reconvened after three years, with the theme “Industrial Immersion: A Learning Experience”, organised by Penang CAT Centre. The objective of this event is to allow scholars to directly engage with industry experts and immersing themselves in the real-world work environment in Penang.

Over 120 students joined the PFF Day at the Ship Campus, Batu Kawan. At the commencement of the event, Dato Loo Lee Lian, from InvestPenang presented the industry outlook and Penang current talent landscape. Followed by the two esteemed speakers, Ms. Cindy Chow from Dell Technologies and Mr. Friiscor Ho from Lattice Semiconductor, shared the overview of the respective companies and insights about abundant job opportunities available. This event highlighted the State’s initiative to foster continuous engagement and stronger bonds with the PFF scholars.

We would like to extend our gratitude to Inari, Lam Research Corporation, Boston Scientific, and ViTrox, who hosted the scholars at their facilities in Batu Kawan Industrial Park and shared the latest trends and practices in the manufacturing industry, together with plant tours.

Application for the PFF Scholarship 2023 is open from Aug 1 to Aug 25

The Penang Future Foundation (PFF), a state initiative, started in 2015 to assist outstanding and deserving Malaysian youths to pursue tertiary studies in public/private universities in Malaysia.

Now in its ninth year, this scholarship fund remains one of Penang’s means of attracting, building and retaining human talent.

Application for the PFF Scholarship 2023 is open from Aug 1 to Aug 25 this year.

Interested students are encouraged to keep a lookout for periodic announcements through PFF’s website at www.penangfuturefoundation.my; Buletin Mutiara’s distributed free copies; and social media websites including Facebook and Twitter.

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Press Statement by YAB Chow Kon Yeow, Chief Minister of Penang

Komtar, George Town, 6 June 2023

Penang Future Foundation (“PFF”) started in 2015 as the Penang State Government’s initiative to aid outstanding and deserving Malaysian youths to pursue tertiary studies in public/private universities in Malaysia. With valuable contributions from the private sector and donors, and recognizing the importance of education and the need to retain local talents, PFF has awarded approximately 700 scholarships over the last 8 years. The awarded scholarships to date carry a projected value of RM38.81 million. For the year 2022 alone, 45 students from a diverse range of backgrounds were awarded scholarships in fields of Science, Technology, Engineering, Mathematics, Accountancy and Finance.

Now in its ninth year, this scholarship fund remains as one of Penang State Government’s mechanisms in attracting, building and retaining human talent. Fresh from the state’s 2022 celebration of Penang’s 50 years of industrialization and in preparation for many more decades of industrial excellence, the Penang State Government is geared towards upholding Penang’s competitive edge by developing multi-faceted initiatives and ramping the talent supply to meet industry needs. Skilled talents are undoubtedly a crucial component in attracting investments, both foreign and domestic. In this regard, Penang recorded RM110 billion of foreign direct investments (FDIs) from 2019 to 2022, out of which 84% (or RM92 billion) were contributed by the Electrical & Electronics (E&E) sector. This translates into 44% of Malaysia’s RM209 billion FDIs in E&E for the said period, which attested Penang’s instrumental role in anchoring Malaysia’s participation in this industry.

Prospective students may apply to be either a ‘PFF Penang Scholar’ or ‘PFF Mutiara Scholar’. Interested candidates are advised to check the eligibility requirements for each category. Both categories have different eligibility criteria based on, among others, candidates’ financial background and scholastic record. ‘PFF Penang Scholar’ caters for those with CGPA of 3.67 and above whereas ‘PFF Mutiara Scholar’ is available for applicants whose CGPA is between 3.00 to 3.66. Successful applicants will receive benefits that correspond with the scholarship awarded to them. Detailed information on benefits and terms of the scholarship is available at PFF’s website (www.penangfuturefoundation.my).

Application window for PFF Scholarship 2023 will open from 1 August 2023 to 25 August 2023. Interested students are encouraged to keep a lookout for periodic announcements through PFF’s website at www.penangfuturefoundation.my; Buletin Mutiara’s distributed free copies; and social media websites including Facebook and Twitter.

CHOW KON YEOW

PFF 2022 Selection Interview

PFF 2022 Selection Interview was successfully carried out on 11 & 12 October 2022 @ The Ship Campus, Batu Kawan.

This year, PFF has invited more than 80 shortlisted applicants to attend the PFF Selection Interview for a final evaluation in selecting the PFF Scholarship recipients for 2022.

Similar to previous years, the selection interview was headed by the PFF Selection Committee and industry leaders were invited as co-interviews. This is to ensure the selected recipients are fully deserving of the scholarship awards and their qualifications can strengthen Penang’s industry needs.

PFF Secretariat takes this opportunity to express our deepest gratitude to the industry leaders from companies below who have supported the PFF 2022 Selection Interview:

Intel Malaysia
ViTrox
Plexus
In-Tech Electronics
NI Penang
Keysight
UST
Zebra Technologies
Penang Development Corporation (PDC)
Sophic Automation

Our sincere appreciation to The Ship Campus, Batu Kawan for providing the venue and supporting this State initiative.

Dato’ Seri Nazir (on behalf of PFF Selection Committee members) presented token of appreciation to Professor Dr Ian Pashby, Chairman & Group President of Peninsula Higher Education.

Online Application Period EXTENDED until 31 AUG 2022

PFF APPLICATION PERIOD HAS BEEN EXTENDED TO 31 AUG 2022 (5pm)!

Click on the link below to apply for PFF:
https://penangfuturefoundation.my/online-application/

Please visit https://penangfuturefoundation.my/ for more info about PFF.

Press Statement by the Chief Minister of Penang on 11 May 2022 at Komtar, George Town

Penang Future Foundation (“PFF”) started in 2015 as the Penang State Government’s initiative to aid outstanding and deserving Malaysian youths to pursue tertiary studies in public/private universities in Malaysia. With valuable contribution from the private sector and donors, and recognizing the importance of education and the need to retain local talents, PFF has awarded approximately 655 scholarships over the last 7 years. For year 2021 alone, 70 students were awarded scholarships with the projected total value of RM3.6 million. Selected scholars come from a diverse range of backgrounds and are enrolled in fields of Science, Technology, Engineering, Mathematics, Accountancy and Finance.

Now in its eighth year, this scholarship fund remains as one of Penang State Government’s mechanisms in attracting, building and retaining human talent. Based on the approved investment report for year 2021 by the Malaysian Investment Development Authority (MIDA), the State recorded its all-time high of RM76.2 billion in total approved manufacturing investments, a record which significantly outpaced Penang’s past performances. In particular, 98% of the total investment inflows were contributed by foreign direct investments (FDI), firmly placing Penang as Malaysia’s top FDI recipient, accounting for 41% of the country’s total FDI.

Against a background of cautious recovery for the global economy, Penang’s exports climbed 14% year-on-year in 2021, reaching its all-time high of RM354 billion and making it the nation’s highest contributor in exports. Notably, Penang’s exports are dominated by the electrical and electronic (E&E) products. We expect the strong trade momentum to continue in 2022. To uphold Penang’s competitive edge, the State Government constantly ensures the provision of world-class infrastructure and skilled talent. Holding on to that, the State will elevate its liveability stature and continue its multi-faceted initiatives in developing and ramping the talent supply, with the aspiration of harnessing greater possibilities.

Prospective students may apply to be either a ‘PFF Penang Scholar’ or ‘PFF Mutiara Scholar’. Interested candidates are advised to check the eligibility requirements for each category. Both categories have different eligibility criteria based on, among others, candidates’ financial background and scholastic record. ‘PFF Penang Scholar’ caters for those with CGPA of 3.67 and above whereas ‘PFF Mutiara Scholar’ is available for applicants whose CGPA is between 3.00 to 3.66. Successful applicants will receive benefits that correspond with the scholarship awarded to them. Detailed information on benefits and terms of the scholarship is available at PFF’s website (www.penangfuturefoundation.my).

Application window for PFF Scholarship 2022 will open from 1 July 2022 to 22 July 2022. Interested students are encouraged to keep a lookout for periodic announcements through PFF’s website at www.penangfuturefoundation.my; Buletin Mutiara’s distributed free copies; and social media websites including Facebook and Twitter.

Author: Ken Invest Penang

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