THE OBJECTIVE OF THE RENTED YOUTH DEVELOPMENT BUDGET

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PETALING JAYA: A well-developed, educated and trained generation of young people is imperative for the advancement of a nation and these are the things the government aims to facilitate in Budget 2022.

Various initiatives are planned for young people, who represent around 40% of the country’s 32.7 million inhabitants.

Among these efforts are incentives for employers, who welcome apprentices such as young graduates between the ages of 18 and 30 at a monthly rate of RM 900 for six months.

In line with its efforts, the government is also urging the private sector to pay a monthly stipend of at least RM 900 to students in industrial training programs.

There is also the RM4.8bil JaminKerja initiative, which guarantees 600,000 job opportunities and 80,000 contracts under the Malaysia Short Term Employment Program (MyStep) to provide employment opportunities for high school graduates and graduates. university graduates in the public sector and in government-related companies. .

Malaysian e-sports athletes have what it takes to be successful internationally, Chai said.

Encouraging improvement

Malaysian Employers’ Federation Chairman Datuk Dr Syed Hussain Syed Husman said initiatives in the 2022 budget will alleviate the unemployment situation, especially youth unemployment, which has risen 12% from to 2019 to reach 314,000 people in 2020.

He also applauded the tax breaks of RM2,000 for expenses related to refresher and refresher courses, as well as RM7,000 for course fees with accredited professional bodies.

These efforts would encourage employees, especially young people, to constantly improve their skills and knowledge, he said.

The government also aims to encourage entrepreneurship among young people, with support of RM 150 million for young people who venture into entrepreneurship, to be funded by Bank Simpanan Nasional and Agrobank.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz previously said Malaysians need to start seeing entrepreneurship as a viable job creator.

Be in tune with the times

At the same time, in tune with the times, Putrajaya is also showing its recognition of the prospects of esports, in line with its growing notoriety among young people and Malaysia’s outstanding performance on the international stage.

An allocation of RM20mil has been provided as part of the 2022 budget for the development of national esports, including RM5mil to create a center of excellence in drone sports.

There is also a proposal to allow an income tax exemption on prize money from recognized esports tournaments.

Chai Yee Fung, known in the professional gaming scene as “Mushi,” said government support for the development of e-sports in Malaysia was definitely a good start.

“It’s really not easy to get into the top level of competitive play, so any kind of assistance and support is definitely appreciated.

“I hope to see continued investment in this space and a true understanding of the kind of support esports athletes need most to be successful,” said the 31-year-old, who is now a coach for the based Boom. Indonesia. Esports.

When the number of professional players in Malaysia increases, there will be more clubs investing in Malaysia, which could also generate more jobs, he added.

“Malaysian esports athletes are extremely talented and have shown their ability to think outside the box and bring new perspectives to the games they play.

“As a multilingual nation, we are also quite unique in terms of our ability to be successful internationally. We have players based in both Western and Eastern teams and this exhibition has enriched the Malaysian esports landscape as a whole, ”he told The Star.

Chai, highly regarded as the best mid-lane player at the start of Dota 2, is one of the highest paid players in Malaysia, with total earnings of around US $ 1 million (RM 4.18 million). as a player.

“For those who aspire to become professional players, the amount of time, effort and energy it takes to train and improve until you play at a global level is really no different than any other sport or any other profession.

“I think many still don’t realize how much commitment, dedication and hard work these athletes show and the sacrifices they have to make to be the best at what they do,” he said. he declares.

The dominance of Malaysian e-sports athletes on the world stage is increasing. Just last month, Malaysian esports athlete Cheng Jin Xiang or “NothingToSay”, who is only 21, was part of the second-place Chinese team PSG.LGD, raising $ 5,202,400 US (RM21.7 million) in price at the International 10 (TI10) in Romania.

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