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Partnership to promote Malaysia as an FSI outsourcing hub
- By Hanis Sayuti
- Published 26 July 2008
- Outsourcing
- Unrated
By: AvantiKumar
Source: ComputerWorld
KUALA LUMPUR, JULY 25, 2008—The Malaysian branch of CIMA (The Chartered Institute of Management Accountants) and government agency Multimedia Development Corporation Sdn Bhd (MDeC) have agreed to collaborate and promote Malaysia as the Shared Services and Outsourcing (SSO) hub for the banking and financial services sector.
Under the recent agreement, employees of MSC Malaysia SSO companies will initially undertake the CIMA Certificate in Business Accounting (CBA), leading to the CIMA professional qualification in management accounting after successful completion of CBA.
MDeC will support the employees who are keen on pursuing the CIMA qualification while CIMA will provide the training expertise.
MDeC chief executive officer Dato’ Badlisham Ghazali said: “As part of the Get IT Certified Campaign, launched earlier this year, the MSC Malaysia Capability Development Programme (CDP) has actively sought to collaborate with industry partners, like CIMA, to encourage ICT professionals and MSC Malaysia Status organisations to enhance their capabilities and competitiveness through human capital development.”
CIMA Malaysia divisional director Puan Sopiah Suid welcomed the opportunity to support MSC Malaysia SSO companies and said: “Employers worldwide value the CIMA qualification for its solid grounding in financial management and business management.”
Reduced certification costs
Through this collaboration, MDeC has brought down the cost of the CBA by up to 40 per cent. CDP will further assist Malaysian professionals who successfully earn the CBA certification by reimbursing RM2, 500.00 (US$765) of the CBA examination fees to reduce the cost of the certification.
Badlisham said that Malaysia is currently being recognised as the regional hub for various multinational companies, home to an increasing number of global shared services & outsourcing centres such as HSBC and DHL.
“This programme is part of MDeC’s initiative to cultivate growth in the local SSO industry, to maintain and improve Malaysia’s position as the top outsourcing location in the financial sector,” he said.
Source: ComputerWorld
KUALA LUMPUR, JULY 25, 2008—The Malaysian branch of CIMA (The Chartered Institute of Management Accountants) and government agency Multimedia Development Corporation Sdn Bhd (MDeC) have agreed to collaborate and promote Malaysia as the Shared Services and Outsourcing (SSO) hub for the banking and financial services sector.
Under the recent agreement, employees of MSC Malaysia SSO companies will initially undertake the CIMA Certificate in Business Accounting (CBA), leading to the CIMA professional qualification in management accounting after successful completion of CBA.
MDeC will support the employees who are keen on pursuing the CIMA qualification while CIMA will provide the training expertise.
MDeC chief executive officer Dato’ Badlisham Ghazali said: “As part of the Get IT Certified Campaign, launched earlier this year, the MSC Malaysia Capability Development Programme (CDP) has actively sought to collaborate with industry partners, like CIMA, to encourage ICT professionals and MSC Malaysia Status organisations to enhance their capabilities and competitiveness through human capital development.”
CIMA Malaysia divisional director Puan Sopiah Suid welcomed the opportunity to support MSC Malaysia SSO companies and said: “Employers worldwide value the CIMA qualification for its solid grounding in financial management and business management.”
Reduced certification costs
Through this collaboration, MDeC has brought down the cost of the CBA by up to 40 per cent. CDP will further assist Malaysian professionals who successfully earn the CBA certification by reimbursing RM2, 500.00 (US$765) of the CBA examination fees to reduce the cost of the certification.
Badlisham said that Malaysia is currently being recognised as the regional hub for various multinational companies, home to an increasing number of global shared services & outsourcing centres such as HSBC and DHL.
“This programme is part of MDeC’s initiative to cultivate growth in the local SSO industry, to maintain and improve Malaysia’s position as the top outsourcing location in the financial sector,” he said.