The Employers Forum 2012, jointly organised by TAR College Centre for Continuing and Professional Education and the School of Business Studies, tackled issues pertaining to “Retail Challenges – Moving Forward”, on 8 November at the Auditorium of Bangunan Tun Tan Siew Sin. The theme was chosen in view of the rapid growth of the retailing industry in Malaysia which is expected to create huge job and business opportunities for business graduates.
There were three invited speakers and the first speaker, Dato’ Chua Tia Guan, Executive Director cum Head of Tax & Financial Consulting of Great Vision Advisory Group, gave an excellent explanation in layman’s terms about Goods and Services Tax (GST) imposed on goods and services supplied in Malaysia and the impact that it has on retail trade.
The second speaker was none other than the President of Malaysian Retailer-Chains Association (MRCA) himself, Yang Berbahagia Dato’ Nelson Kwok, who spoke on minimum wages and manpower shortages. He explained that MRCA acts as an excellent avenue for retail businesses to network and exchange ideas, share resources and to promote the healthy expansion of the retail industry in Malaysia and abroad. Also, how important it was that the young people should have good values which they must cultivate in order to succeed in the retail sector.
The third speaker, Ms Jo-Ann Yeoh, managing Director of Memory Lane, gave a picture about greentailing and how it is relevant to the environmentally-conscious consumers nowadays. To recycle, reduce, reuse and repair are the habits that she advocates and tries to incorporate into her retail businesses. Besides that, she also called for incentive from the Government as she felt it was imperative that they should play a part in encouraging greentailing.
In conjunction with the annual forum, TAR College and MRCA signed an MoU to activate a series of collaborative initiatives aimed at enabling the transfer of industry knowledge, technology and best practices to benefit TAR College students so as to develop employment-ready graduates for the retail industry.
It is hoped that the Forum and also the collaboration with MRCA will create a greater interest in retail sector among the students and a positive effect in generating a sustainable human capital pipeline for the industry.