The Global ReSkilling Movement: Creating A Better World Where Everyone Has Easy Access To Quality Education

Posted on 02/05/2023 by admin

Global ReSkilling Movement (GRM), is an initiative aimed towards creating educational opportunities that help individuals around the world upskill and reskill themselves. Advances in technology and automation are constantly reshaping the world, and it’s getting increasingly difficult for employees to remain competitive in the workforce. In Malaysia alone, up to 60,000 people may lose their jobs this year, with retrenchments expected to hit multiple sectors in the country. Globally, the situation is even more dire.

Its mission is to equip 100 million individuals worldwide with quality education, to help them unlock their full potential and transform their lives for a better future. By providing reskilling and upskilling support, the GRM will work towards creating a powerful global pathway towards sustainable economic growth and a better future, with supported individuals up to 10 times less likely to drop out of work and thrive in their careers.

Chief Global Initiator Of The Global ReSkilling Movement Jin Tan Sharing His Vision For A Better Future With Quality Education — Chief Global Initiator of the Global ReSkilling Movement, Jin Tan, sharing his vision for a better future with quality education

“The McKinsey Global Institute estimates that as many as 375 million workers will have to switch occupations or acquire new skills by 2030 due to artificial intelligence and automation. Research from the World Economic Forum also suggests that if the current pace of workforce upskilling doesn’t pick up, it could take decades for future employees to be ready for the future of work,” said GRM Chief Global Initiator Jin Tan.

“The ability to adapt to new technologies and work environments is becoming increasingly important as the pace of change accelerates. It is a critical component of staying competitive in today’s rapidly evolving job market, and a key factor of long-term career success.”

GRM hopes to improve the global employment landscape with the help of generous sponsors around the world. Contributions from sponsors will be converted into digital learning accounts that focus on career and technical skills education, which will be distributed to individuals in need of improving their lives.

YBHG Datuk Azhar Muhammad D.S.S.A J.P. Chairman Of The Global ReSkilling Movement Sharing About The Importance Of Accessible Education In His Speech — YBHG Datuk Azhar Muhammad D.S.S.A, J.P., Chairman of the Global ReSkilling Movement, sharing about the importance of accessible education in his speech

“Mastering skill areas such as digital literacy, critical thinking, cross-cultural communication, adaptability, and an entrepreneurial mindset, are necessary for any individual aiming for a position of success in the global marketplace. GRM’s mission is to ensure that the process of self-development is as easy and straightforward for everyone as possible,” said GRM Chairman Datuk Azhar Muhammad.

GRM Organizing Chairlady Aimi Salma said the increasingly competitive nature of today’s employment landscape meant workers could not solely rely on technical knowledge to thrive in their careers.

GRM Malaysia Organising Chairlady Aimi Salma Delivering Her Speech For The Launch — GRM Malaysia Organising Chairlady, Aimi Salma, delivering her speech for the launch

“Technical competency is important, but it is not enough for individuals to thrive in their careers. The workplace is constantly changing, and individuals need to be able to learn new skills when necessary,” she said.

The GRM is built on the foundation of three pillars:

Quality Education: The GRM believes education should incorporate the latest learning trends, promote critical thinking and problem-solving skills, and encourage lifelong learning. Its mission is to equip individuals with the knowledge and skills they need to succeed in the modern world.

Accessible Learning: The GRM believes that learning opportunities should be accessible to everyone, regardless of their financial or social status. It aims to provide education designed to meet the needs of underprivileged individuals who may face barriers to learning.

Increasing Jobs and Boosting Economic Growth: The GRM aims to address the skills gap by providing education programs that align with the demands of the modern job market. By doing so, it can bridge the gap between job seekers and employers, promote career learning and innovation, and contribute to economic growth and development.

“With just a small gift of hope, you can transform lives and invest in our future. Together, we can create a more skilled and prosperous society for all,” said Tan.

To learn more on GRM, please visit www.grm.today today.

Group Photo Of All Guests Who Attended The Official Launch And Press Conference Of The Global ReSkilling Movement At ReSkills Hub — Group photo of all guests who attended the official launch and press conference of the Global ReSkilling Movement at ReSkills Hub

About Global ReSkilling Movement

The Global Reskilling Movement (GRM) is an initiative aimed at achieving a better world by providing complimentary education to aspiring learners. For more information, visit their website at https://grm.today/

Pain In The Joints: Knee And Hip

Posted on 02/05/2023 by admin

Arthritis is a common condition that affects millions of people worldwide, including Malaysia. Arthritis is a general term that refers to inflammation of the joints, which can cause pain, stiffness and limited mobility. There are many types of arthritis, each caused by factors unique to the disease.

Understanding Arthritis

Dr John Decruz Consultant Orthopaedic Surgeon 1024 — Dr John Decruz, Consultant Orthopaedic Surgeon at ParkCity Medical Centre

“Osteoarthritis is when the cartilage that caps the bones in your joints wears away causing the bones to grate against each other. Meanwhile, rheumatoid arthritis is a disease in which the immune system attacks the joints, beginning with the lining of joints (synovium). Unfortunately, rheumatoid arthritis affects more women than men, with the ratio of 3 to 1,” says Dr John Decruz, a Consultant Orthopaedic Surgeon at ParkCity Medical Centre.

“In addition to that, there are also joint paints related to gout, which is caused by uric acid build up in the form of painful crystals in the joints and more commonly seen in the younger group around 30 to 50 years of age. This is in contrast with the other types of arthritis that are more prevalent in much older groups. Joint pain may also occur due to an infection, which appears in the form of redness and reduction in range of motion around the affected joint,” he continues.

Some patients may experience joint pain due to a genetic predisposition, which causes their joints to stiffen up and become painful as they age. This can be diagnosed with a thorough family history, inspection and physical examination. Sometimes X-rays may also be necessary. Meanwhile, blood tests will also reveal joint pain caused by autoimmune diseases such as lupus, gouty arthritis and septic arthritis.

Diagnosing Arthritis

If you think you may be suffering from joint-related diseases, it’s best not to delay seeking treatment. However, not all symptoms lead to arthritis.

“Usually, patients begin suspecting of conditions are often marked by a ‘crackly’ sensation or sound that people may experience when performing physical activities, including something as simple as getting up from a chair,” explains Dr John. “However, most of the time, especially if there is only sound without any pain or swelling, it’s harmless. But of course, we can always rule out any potential of the disease with x-ray, blood tests and even MRI.”

X-rays of patients suffering from osteoarthritis will reveal a reduction of the gap between the bones indicating that the cartilage is worn out. There may even be hairline cracks, bone spurs or even bone cysts in more severe cases.

Treating Arthritis

If you’re diagnosed with arthritis, there are many options that you could explore before landing on surgery.

“Nowadays surgeries such as knee or hip replacement surgeries or joint replacement surgeries are often last resort options when the arthritis is no longer manageable. The go-to upon initial diagnosis are supplements such as Glucosamine and Chondroitin; which are often taken together and are believed to help repair and maintain the cartilage in the joints.

“One good thing is our local food is generally rich in turmeric, which contains curcumin that has been proven through studies to have anti-inflammatory properties that could help reduce joint pain and inflammation,” details Dr John.

In addition, an Omega-3 fatty acids-rich diet and vitamin D has also been found to help reduce inflammation of joints.

“And of course, we have medications that are commonly used to treat arthritis, including painkillers, nonsteroidal anti-inflammatory drugs (NSAIDs), disease-modifying antirheumatic drugs (DMARDs) and biologic agents.

“Painkillers such as acetaminophen can help to relieve pain, while NSAIDs such as ibuprofen can help to reduce pain and inflammation. DMARDs such as methotrexate can help to slow the progression of rheumatoid arthritis, while biologic agents such as adalimumab can target specific parts of the immune system to reduce inflammation in the joints,” adds Dr John.

Physical therapy is also an option for effective treatment of arthritis, but Dr John reminds to approach it with caution.

“Yes, physical therapy improves joint function and reduces pain but only start it upon seeing a doctor to get a proper medical diagnosis of the type of arthritis that is afflicting you. I’ve seen cases of patients’ arthritis becoming worse due to premature physical therapy.”

Preventing Arthritis

If you would like to keep arthritis at bay, there are certain measures that can be taken. Similar to the way in which physical therapy is used to reduce pain in joints—through exercises to strengthen the muscles around joints, as well as stretches and range-of-motion exercises to improve flexibility, keeping active will help to keep the onset of arthritis at bay.

“Lifestyle changes is also important in treating as well as preventing arthritis. Maintaining a healthy weight to reduce the pressure on the joints while avoiding excessive inflammatory food such as sugar, fast-food and food fried with processed oil. Eating a healthy diet that is rich in fruits, vegetables and whole grains can also help to reduce inflammation in the body,” advises Dr John.

A Mother’s Love Is Like No Other

Posted on 02/05/2023 by admin

A mother’s love is like no other
Her love is warmer than any summer

She loves you even before you were born
Carrying you 9 months with the tender loving care of a mom

Risking her life and bearing all the pain
Sacrificing her all just for your gain

She would bleed for you to heal
Fight for you to overcome any ordeal

She would sacrifice her life
To keep you alive

Comfort you in difficult times
With care and love so divine

She believes in you when you doubted yourself
Supported all of you; your every cell

Encourages you to go on despite challenges
Does everything she can even beyond her talent

All willing to bear your pain and agony
So that you are safe and in harmony

In haste and chase, many may have forgotten
Her deeds are often taken as forgone

Of this special lady we called “Mother”
Let’s recognize and celebrate her love with a smother

Her love is ever so warm and pure
Should be treasured and cherished with great allure

Today we salute you all mothers
Your undying love and sacrifice of such wonder

We thank God for His most wonderful gift
For He created mothers of this world

Happy Mother’s Day

By Dr Victor SL Tan
CEO KL Strategic Change Consulting Group
He can be contacted at victorsltan@klsccc.com

Dr Victor SL Tan With His Late Mum Who Passed Away When He Was Only 16 — Dr Victor SL Tan with his late mum who passed away when he was only 16

Be A-Z Ready For Tomorrow With Allianz Malaysia

Posted on 01/05/202331/07/2026 by admin

Allianz Malaysia Berhad recently launched ‘Be A-Z ready for tomorrow’, an educational campaign to help Malaysians secure the retirement lives they dream of.

Planning for retirement is more than just ensuring you have adequate finances. The Campaign, will look to help Malaysians understand the importance of retirement planning, with a keen focus on protection and types of insurance coverage that is vital at every stage of life for a sound retirement life.

Allianz Malaysia believes that planning for retirement should encompass overall protection including medical, personal accidents, protection of assets, and having a good support system, in addition to having sufficient savings. Adequate protection is necessary as rising medical costs and unexpected events are likely catalysts for financial setbacks during one’s golden years.

Allianz Malaysia Chief Executive Officer, Sean Wang said a general rule of thumb is that a retiree would need two-thirds of their last drawn salary to retire comfortably.

“When we were studying the market, we learned that Malaysians’ top priorities for retirement are to live debt-free, have sufficient funds for medical emergencies for themselves and family, whilst maintaining their pre-retirement lifestyles. These things will be hard to achieve if people are only leaning on passive savings to finance their golden years.“

A study conducted by YouGov, a global public opinion and data company, showed that only 38 percent of Malaysians have taken proactive steps to plan for their retirement. In fact, when it comes to retirement planning, most are heavily dependent on passive modes such as saving accounts and EPF.

The study which focused on understanding Malaysian retirement priorities found that those intending to plan for their retirement were receptive to protection plans like Life and Medical insurance.

“When planning for retirement, you need to tick as many boxes as you can. Allianz Malaysia through our life and general insurance business offer the best of both worlds, and have crafted a complete suite of solutions to help Malaysians fully realised their retirement dream with no worries,“ he added.

For a Total Retirement Plan, that ticks every box, Allianz Malaysia recommends having sufficient protection such as critical illness coverage and medical coverage to safeguard yourself from events which may deplete your retirement funds and lead to financial catastrophe.

For example, our medical plan HealthInsured offers the most comprehensive medical coverage and comes with an option which many are not aware of. Customers can opt for a suitable deductible level to save insurance costs while being covered by an employer and remove the deductible upon retirement when there is no more employee benefit.

Besides that, an individual that has a significant other and/or has children should also consider a robust protection plan that protects the family like Allianz PrimeCover with high death benefit coverage or leaving a legacy with certainty to the loved ones with our Allianz Legacy Plus.

Malaysians should also consider having Personal Accident plans like Allianz Shield Plus to safeguard themselves in the event of injuries, disability or death, with Cashless Hopsital Admission and Discharge Benefit to further optimise their retirement protection.

In addition, Allianz Malaysia will also provide additional support to its customers through the Allianz We Care Community.

Via the We Care initiative, the Company collaborates with several partners from different sectors such as home care, pharmaceutical, and home medical devices among others, in offering our customers the complete retirement support they will need.

For more details on our ‘Be A-Z ready for tomorrow’ campaign, or realising your retirement dream, please visit allianz.com.my

About Allianz in Malaysia

The investment holding company, Allianz Malaysia Berhad, a subsidiary of Allianz SE, has two insurance subsidiaries – Allianz General Insurance Company (Malaysia) Berhad (“Allianz General”) and Allianz Life Insurance Malaysia Berhad (“Allianz Life”). Allianz General is one of the leading general insurers in Malaysia and has a broad spectrum of services in personal lines, small to medium enterprise business and large industrial risks. The GWP for general insurance business for financial year 2022 reached a mark of RM2.66 billion. Allianz Life offers a comprehensive range of life and health insurance and investment-linked products and for the financial year 2022, Allianz Life recorded a GWP of RM3.37 billion and is one of the fastest growing life insurers in Malaysia. Allianz Malaysia has 32 branches nationwide. In 2021, Allianz Malaysia won The Edge Billion Ringgit Club (BRC) Financial Services (below RM10 billion market capitalisation) award for the highest growth in profit after tax (PBT) over three years. The Company also bagged the Malaysia International Business Awards 2021 (Life Insurance category) and three awards at the Global Banking & Finance Awards: Insurance Brand of the Year Malaysia 2021; Best General Insurance Product Malaysia 2021; and Best Insurance Social Media Engagement Malaysia 2021.

To learn more about Allianz Malaysia, visit allianz.com.my

Facebook: facebook.com/AllianzMalaysia/ | Instagram: instagram.com/allianzmalaysia/

LinkedIn: linkedin.com/company/allianzmalaysia/

About Allianz

The Allianz Group is one of the world’s leading insurers and asset managers with more than 122 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life, and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 683 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.6 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2022, over 159,000 employees achieved total revenues of 152.7 billion euros and an operating profit of 14.2 billion euros for the group.

*Including non-consolidated entities with Allianz customers.

** As of December 31, 2022

4 Different Types Of Traders: Which One Are You?

Posted on 01/05/2023 by admin

There are different types of traders, as you are aware, if you have ever traded stocks. You could belong to one of several groups of traders, depending on your risk tolerance level and financial objectives.

Before we begin looking at the different types of traders, let’s start by defining a trader and discussing how they differ from investors.

Read: Investing VS Trading, Which One Is Suitable For Me?

Difference Between A Trader And An Investor

Someone who buys and sells stocks with the intention of making a quick profit is a trader. They achieve this by predicting how quickly stocks, currencies, and other financial assets will change in price.

In contrast, investors purchase securities to hold them for a long time and earn returns via dividends, interest, and capital growth.

Investors and traders are distinct in a number of ways. Their risk profiles are one of the key variations. Since they are attempting to capitalise on volatile short-term price movements, traders typically assume greater risk than investors.

On the other hand, investors have the financial resources to adopt a longer time horizon and is more tolerant to market swings.

Read: Fundamental Analysis vs Technical Analysis

The time horizon is another difference. Securities are often held by traders for far less time than by investors. Investors may keep onto a stock for years or even decades, whereas traders may just hold onto it for a few minutes or hours.

Finally, the kinds of stocks that traders and investors invest in vary. Since buying and selling quickly is simpler when a stock is highly liquid and has a high trading volume, traders frequently concentrate on these stocks.

Conversely, investors might be more drawn to stocks with solid fundamentals and the potential for long-term growth.

After knowing the difference between traders and investors, let’s look at the different types of traders.

1. Scalper

Traders that try to make tiny profits on many deals are known as scalpers. They often only keep stocks for a short period of time(a few seconds or minutes), and they frequently trade (dozens or even hundreds of times) in a single day.

Scalpers rely on minute price changes and utilise technical analysis to spot transient patterns.

2. BTST Trader

A “Buy Today Sell Tomorrow” (BTST) trader purchases equities today and sells them the following day. They use this to avoid having to take ownership of the shares, which would necessitate full payment.

BTST traders frequently focus on stocks with significant trading volume and solid momentum.

3. Swing Trader

Swing traders try to profit from swift market changes by holding onto securities for a few days or weeks. They employ fundamental and technical analysis to find equities that are likely to experience quick increases.

More risk is typically assumed by swing traders, as compared to scalpers and BTST traders.

Read: 5 Reasons Why We Lose Money In The Stock Market

4. Position Trader

In order to achieve long-term gains, position traders keep onto securities for weeks or even months. They frequently concentrate on stocks with solid fundamentals and prospects for long-term growth.

Position traders are more interested in the company’s overall health than they are in short-term price fluctuations.

4 Different Types Of Traders

In conclusion, there are many different types of traders, each with a distinctive strategy for the market. Regardless of whether you are a scalper, swing trader, position trader, or BTST trader, it’s crucial to know your risk tolerance and investment objectives before you begin.

By doing this, you can create a trading strategy that suits your needs and contributes to your market success.

Read: Create Your Stock Watchlist With These Simple Steps