Malaysia

Top local firms to woo Malaysians in UK, says TalentCorp

By Ida Lim
March 28, 2012

According to the World Bank, two out of every 10 Malaysians with tertiary education opting to leave the country — Reuters picAccording to the World Bank, two out of every 10 Malaysians with tertiary education opting to leave the country — Reuters picKUALA LUMPUR, March 28 — Talent Corporation seeks to connect at least 40 top locally-based companies with Malaysians in the United Kingdom (UK) through job fairs and networking dinners over the next week.

The government agency tasked with attracting foreign-based talent will be supporting the “largest employment event for Malaysian students in the UK,” the annual UKEC-Graduan Career Fair, to be held in London this Sunday.

United Kingdom and Eire Council of Malaysian Students is the umbrella body of Malaysian student groups in the two countries while Graduan is a local recruitment agency focused on fresh graduates.

The 40 leading companies and organisations expected to be present include Axiata, Maxis, Sime Darby, PricewaterhouseCoopers, Ernst & Young, CIMB Group, Citibank, SapuraCrest and Securities Commission Malaysia.

TalentCorp also said in a press statement it will also host a series of dinners up to April 7 across the UK to link hundreds of Malaysian professionals with local delegates from top companies in the finance, communications, medical and engineering sectors.

The agency under the Prime Minister's Department was set up in January last year as part of the government’s attempt to address the difficulty of attracting and retaining local talent in Malaysia.

Malaysia is facing a major brain-drain crisis, with the World Bank warning that the haemorrhage of local talent here would likely intensify over the years and further erode the country’s already-narrow skills base.

Its senior economist, Philip Schellekens, had said the number of skilled Malaysians living abroad tripled in the last two decades with two out of every 10 Malaysians with tertiary education opting to leave for either Organisation for Economic Co-operation and Development (OECD) countries or Singapore.