Limkokwing University of Creative Technology scooped the Readers Digest Trusted Brand Gold Award for the best private university in country beating over 20 universities at a glittering ceremony held at the Mandarin Oriental Hotel.
Readers Digest Trusted Brand Awards now in their 19th year, are conducted annually, with winners voted entirely by Malaysian consumers, providing a genuine market endorsement for topping the polls. Over eight thousand consumers across five market areas in Asia being Malaysia, Singapore, Hong Kong, Taiwan and Philippines were surveyed. Consumers were asked to rate the brands they nominated in a six qualitative criteria comprising of Quality, Value, Innovation, Social Responsibility, Trustworthiness & Credibility and Understanding of Customer Needs.
Winning brands in Malaysia are a mix of local and international names such as Samsung, Bank Islam, Limkokwing University, Blackmores, Top & Spritzer. The Gold Trusted Brands Awards were given to products and services that led the polls in their fields, while Platinum Trusted Brands Awards recognise brands that vastly outpolled their competition.
Receiving the most converted award at the ceremony Nermina Serhatic, from the Founder President of Limkokwing’s office highlighted that the University was humbled to be receiving this award for the third time in a row, which was testament that the University strives to be a centre for excellence in all aspects, hence the consumers prestigious recognition.
Tan Sri Limkokwing and the University that bears his name changed the face of private education through creative approaches that fuse industry experience with academic learning. Thousands of young people from around the world have gained a global tertiary education by virtue of the University’s pioneering and innovative education philosophy which is creativity oriented.
More the 30,000 students study at Limkokwing University’s 12 campuses in Asia, Africa and Europe. Its main campus in KL’s tech-city, Cyberjaya alone holds close to 10,000 students, 80 percent of them from foreign countries and is the nation’s ground breaking University with unrivalled emphasis upon innovation and creativity. The University has changed the tertiary education landscape not only in Malaysia but in every country the University has established itself.
Its inspirational ecosystems and global strategic outlook produces 21st century graduates who are leading social and economic transformational across the globe. The University has played a pivotal role in globalizing Malaysian education and the Prime Minister of Malaysia, Dato Sri Dr Mohd Najib Tun Razak, has designated the University as The Global University of Malaysia.
Tan Sri Limkokwing is credited with spearheading the process of reforming many of the world’s Technical and Vocational Education and Training (TVET) sector, a vital sub sector of many a country’s education system. His pioneering endeavours in building a strong TVET workforce with high-tech, skill-based training has created generations of young entrepreneurs who are contributing to transforming their nations.
His contributions has been recognised and he has been awarded: Global TVET Leadership for Economic Transformation by the United Kingdom’s globally recognised authority on accreditation of higher education institutions worldwide, ASIC and IVETA (International Vocational Education & Training Association, UK) – TVET UK’s International President – Limkokwing University was declared ‘Global TVET Model University.
In 2016 AISC (Accreditation Service For International Colleges) the United Kingdom based globally recognized authority on accreditation of higher education institutions worldwide, has designated Limkokwing University as the Global T.V.E.T. (Tertiary Vocational Education Training) Model University and awarded the President/Founder of the University, Tan Sri Dato’ Sri Panduka Dr. Limkokwing, Transformational Leadership in Global T.V.E.T. Education.
The University is also recognised as Malaysia’s University of Edu-Tourism in recognition of its achievement attracting youths to the country. QS Apple (Asia Pacific Professional Leaders in Education) designated the University as the University of the Future, the Ministry of Higher Education awarded the accolade University of Innovation and the Malaysian government recognizes Limkokwing University and the University of Transformation. In addition, the University has won more than 200 awards for creativity and innovation in education from the United States of America, the United Kingdom, Europe, Asia and Africa over the last few years.
The University’s award winning website attracts 300 million ‘hits’ a year from 229 countries and territories and the University is now among the Top Ten of the world’s most popular universities on Facebook and Twitter(3rd).
ASIC recognizes the University’s successful systematic delivery of industry-relevant programmes across the globe as well as its Founder and President’s pioneering efforts in education.
Readers Digest is one of the best loved global magazines. Since its inception in 1922, the magazine has continued to grow and expand. Each month it is published in multiple languages around the world, with a global readership of over 40million people.
China’s Gross Domestic Product (GDP) expanded by 3% year-on-year to 121.02 trillion yuan ($17.93 trillion) in 2022 despite being mired in various growth pressures, according to data from the National Bureau Statistics.
The annual growth rate beat a median economist forecast of 2.8% as polled by Reuters. The country’s fourth-quarter GDP growth of 2.9% also surpassed expectations for a 1.8% increase.
In 2022, the Chinese economy encountered more difficulties and challenges than was expected amid a complex domestic and international situation. However, NBS said economic growth stabilized after various measures were taken to shore up growth.
Industrial output rose 3.6% in 2022 over the previous year, while retail sales slightly shrank by 0.2% data show that fixed-asset investment increased 5.1% over 2021, with a 9.1% hike in manufacturing investment but a 10% fall in property investment.
China created 12.06 million new jobs in urban regions throughout the year, surpassing its annual target of 11 million, and officials have stressed the importance of continuing an employment-first policy in 2023.
Meanwhile, China tourism market is a step closer to robust recovery. Tourism operators are in high spirits because the market saw a good chance of a robust recovery during the Spring Festival holiday amid relaxed COVID-19 travel policies.
On January 27, the last day of the seven-day break, the Ministry of Culture and Tourism published an encouraging performance report of the tourism market. It said that domestic destinations and attractions received 308 million visits, up 23.1% year-on-year. The number is roughly 88.6% of that in 2019, they year before the pandemic hit.
According to the report, tourism-related revenue generated during the seven-day period was about 375.8 billion yuan ($55.41 billion), a year-on-year rise of 30%. The revenue was about 73% of that in 2019, the Ministry said.
The state of the art jewellery manufacturing plant that has been set up by international diamond and cutting company, KGK Diamonds Botswana will create over 100 jobs, of which 89 percent will be localized.
Local diamond and metal exploration company Tsodilo Resources Limited has negotiated a non-brokered private placement of 2,200, 914 units of the company at a price per unit of 0.20 US Dollars, which will provide gross proceeds to the company in the amount of C$440, 188. 20.
According to a statement from the group, proceeds from the private placement will be used for the betterment of the Xaudum iron formation project in Botswana and general corporate purposes.
The statement says every unit of the company will consist of a common share in the capital of the company and one Common Share purchase warrant of the company.
Each warrant will enable a holder to make a single purchase for the period of 24 months at an amount of $0.20. As per regularity requirements, the group indicates that the common shares and warrants will be subject to a four month plus a day hold period from date of closure.
Tsodilo is exempt from the formal valuation and minority shareholder approval requirements. This is for the reason that the fair market value of the private placement, insofar as it involves the director, is not more than 25% of the company’s market capitalization.
Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Bosoto Limited and Gcwihaba Resources projects in Botswana. The company has a 100% stake in Bosoto which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana.