Financial Literacy Essential Living Skill For Malaysians

KUCHING, Sarawak, March 25 (Bernama) — In the Council’s efforts to help Malaysians to have basic financial literacy, and a switch on their attitudes and behaviours towards money management, Malaysian Financial Planning Council (MFPC) is organising a one day Financial Literacy Workshop  at Islamic Information Centre, Kuching Sarawak on 30 March 2019 from 9.00am until 4.30pm. This is MFPC’s third public roadshow for the year 2019 after organising similar sessions in Johor Bharu and Negeri Sembilan earlier this year.

The core objective of the programme is to help Malaysians make better financial decisions, as data indicates Malaysians lacks successful money management knowledge. It is of great concern to the Council that 70% of Malaysians are below the global level of acceptable financial literacy rate and apart from these series of public programme, a somewhat similar programme is conducted by the Council at FELDA settlements and government agencies. Central to MFPC’s existence is collaboration, allowing the Council to map a way forward to fund these programmes. The Council is extremely pleased that this programme has the endorsement of the regulators and the support of Employees Provident Fund (EPF), Inland Revenue Board, Perbadanan Insurans Deposit Malaysia (PIDM), Federation of Investment Managers Malaysia (FIMM) and Permodalan Nasional Berhad (PNB).

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