Joseph Koh

24 May 2024 - Returning to Outward Bound Malaysia (OBM) post-pandemic was a nostalgic and exhilarating experience. Having been there before as both a participant and a chaperone, today was different—it was the closing ceremony for FGV's Management Trainee program. Nineteen eager trainees embarked on a five-day experiential learning journey, led by the exceptional trio of instructors: Shukri, Hafiz, and Alif. The trainees discovered the depths of their potential, learning far beyond what they had anticipated. They were immersed in the 'old school' way of character building—a rigorous, hands-on approach that is essential for preparing them for the corporate world and life itself. OBM instills core values necessary for success: discipline, respect, agility, a sense of urgency, and, most importantly, "common sense". The Whalers activity stood out, encapsulating all aspects of leadership and team dynamics. The real thrill came when crises emerged during the journey, testing their resolve and camaraderie. Witnessing this transformative process and partially participating reminded me of OBM's true essence. It reaffirmed my belief that OBM is the ultimate program for team and leadership development. Here, "on time" means late, and no matter the weather, life goes on. #OutwardBoundMalaysia

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On June 13th, 2024, I'm glad to joined with industry leaders convened for the "Director's Masterclass Series 2024: Leveraging Nature's Wealth for Business Sustainability” at Bursa Malaysia. Datin Seri Sunita Rajakumar, Chairperson of Climate Governance Malaysia, inaugurated the session by underscoring a pivotal shift in corporate ethos: transitioning from mere emission reduction to embracing nature-positive strategies. She emphasized the increasing significance of integrating biodiversity into corporate frameworks, noting how businesses are recognizing that preserving and enhancing biodiversity can foster long-term sustainability and resilience. Following her address, Aina Zahari, Director of Corporate Strategy at Bursa Malaysia, highlighted that 25% of over 1000 PLCs had enrolled in the PLC Transformation program. This milestone signifies a significant stride towards embedding sustainability into business operations, aligning their practices with sustainability objectives. Faizal Parish, Director of the Global Environment Centre, which featured discussions and examples illustrating the critical nexus between biodiversity, human wellbeing, and economic prosperity. He highlighted the substantial risks associated with biodiversity loss, including disruptions in supply chains, regulatory pressures, and damage to corporate reputations. The World Economic Forum's classification of biodiversity loss as a high-risk factor underscored the urgency for businesses to adopt biodiversity-focused practices which can lead to significant business risks, such as shortages in raw materials, increased costs, and compliance challenges. Key takeaways:- 1. Assessing the Biodiversity Footprint: Understanding how business activities impact biodiversity. This involves conducting biodiversity audits and impact assessments across operations and supply chains. 2. Setting Goals: Establishing clear objectives to reduce or offset biodiversity impacts. Companies should create measurable, time-bound targets aligned with broader sustainability goals, aiming for no net loss or net positive impact on biodiversity. 3. Integrating into Strategy: Embedding biodiversity considerations into the core business strategy. Ensuring biodiversity goals are integrated into overall strategic planning and decision-making processes. 4. Engaging Stakeholders: Collaborating with stakeholders in biodiversity efforts -includes employees, suppliers, customers, and local communities to garner support and drive collective action for biodiversity conservation. 5. Monitoring and Reporting: Regularly tracking biodiversity status and management activities. Transparent reporting using standardized metrics and frameworks helps build credibility and accountability in biodiversity 6. Extending Efforts to the Supply Chain: Promoting biodiversity management throughout the supply chain, by working with suppliers to adopt sustainable practices, set biodiversity criteria, and support them in meeting standards.

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Shared from #MICSEA's Official WhatsApp Chat contributed by ySiong LIEW. The Hightlight Point of the Sabah Labour Ordinance (Amendment) Act 2024 includes several significant changes to align the existing Labour Ordinance of Sabah with international standards and practices. The key amendments outlined in the document are as follows: *General Amendments* -Replacement of the term "Commissioner" with "Director". -Replacement of the term "worker" with "employee". -Replacement of the word "Colony" with "Sabah". -Replacement of the term "domestic servants" with "domestic employees". *Definitions* -Addition of new definitions for terms such as "apprentice" and "constructional contractor". -Modification of the duration for apprenticeship contracts from a minimum of two years to a range of six to twenty-four months. -Changes to definitions related to "confinement" and "contract of service". *Section Amendments* -Updates and inclusions in Section 2 regarding definitions. -Prohibition of children and young persons from engaging in hazardous work in Section 72, with exceptions for apprenticeships and vocational training. -Changes to permissible working hours for young persons in Section 73b. -Reduction of maximum weekly working hours from forty-eight to forty-five and inclusion of regulations for night work in Section 104. -Similar reduction in working hours and inclusion of shift work allowances in Section 104a. -Provision for weekly or monthly payment of wages in Section 104c. -Addition of Malaysia Day as a public holiday and modification of handling overlapping public holidays in Section 103. -Expansion of employee claims scope by deleting Sections 7c, 7d, and 7e, removing wage limit restrictions for claims. *New and Deleted Sections* -Addition of provisions related to working conditions, hazardous work, and protection of young persons. -Deletion of obsolete sections such as section 74a and Chapter XIa. *Miscellaneous Amendments* -Adjustments to appeal processes and powers of the Director. -Extension of appeal periods from 14 to 21 days. -Provisions for transitional arrangements to ensure the continuity of existing permissions and applications under the amended Ordinance. These amendments aim to align the Sabah Labour Ordinance with international labour standards and agreements, such as the Trans-Pacific Partnership Agreement and the International Labour Organization's regulations. This will provide better protection and clarity for workers and employers in Sabah. Last but not least, come and register for the upcoming Malaysian Employment Laws Conference 2024 here: https://lnkd.in/gPy5masA For more info, you may contact +6018-777 6416 or myfreelysacademy@gmail.com #SabahLabourOrdinance #EmploymentAct #MalaysianEmploymentLawsConference2024 #MELC2024

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Curious about the new sustainability reporting rules and how TP can support your organisation? 💯 Join us on May 15th for an insightful seminar where you can learn about our collaboration 🫱🏼‍🫲🏾 with Singapore Environment Council (SEC), and discover tools to accelerate your ESG journey through workplace learning. Don't miss out! Register now! https://lnkd.in/gz4svsXW #tpsustainability #tpcreatingtomorrow #temasekpoly

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Indonesia is a great place for carbon storage. - Has abundant depleted fields and large saline aquifers. - Storage capacity estimated: 7 Gt in depleted oil and gas reservoirs, and 95 Gt in saline aquifers. - Sumatra, Java, Sunda, and Kutei basins emerge as the top-ranking storage sites - The basins host a large storage capacity in areas that are near heavy emitters.

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I attended the Sasana Symposium yesterday and today. One of the forums, titled "MSME Growth: Supporting the Backbone of Malaysia's Economy," was particularly inspiring. It featured Mr. Norazlam Norbi, the Executive Director of Sumisaujana TCM Chemicals Sdn Bhd (SSTCM), who shared a compelling story of resilience and success. . Mr. Norbi's journey with SSTCM is a testament to the crucial role that development finance institutions play in nurturing potential. Despite facing initial setbacks, including being rejected for funding by multiple banks, SSTCM's breakthrough came when SME Bank stepped in. They were the first to extend a loan, demonstrating their commitment to taking higher risks to support budding entrepreneurs. . Thanks to this crucial support, SSTCM was able to acquire the necessary technology and shares to become a fully Malaysian-owned company. From a struggling startup, SSTCM has grown into a thriving enterprise with a valuation of RM200 million today. . This story underscores the importance of development finance institutions like SME Bank Malaysia, which are dedicated to fostering growth and innovation within the Malaysian economy. Their willingness to support high-potential ventures, even when others hesitate, can truly turn the tides of fortune for small and medium enterprises. . #BusinessGrowth #SMEBank #MalaysianEconomy #Entrepreneurship #SasanaSymposium #MSMEDevelopment

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Talent Drain Many a times people leave due to the negative “work culture”. Being heckled by their superiors, vague instructions and poor communications!! Many employees leave as they see it as their only option to remain sane but really if they keep tab of the abuse they endure, there are legal options for employees too!! If too many harsh words are used against you, keep the meeting recordings as your proof of harassment 💪🏻👌🏻 Many bosses need to know that they are the reason why their organisations have high attrition rate!! Good leadership will look at efforts to stem it and not just remain status quo. Work culture is important and it starts from the top🙏🏻🙏🏻🙏🏻

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Warm & productive meeting with Prime Minister Fumio Kishida of Japan on the significant role the Asia-Pacific can play in global efforts to reach net zero We also discussed how decarbonisation strategies can underpin economic growth & strengthen energy security

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Climate Emergency Driving Corporate Investments in Green Palm Oil in Malaysia Investments in Malaysia are making use of palm oil wastes to create everything from paper to renewable energy to an element for EVs With contributions by Kiat-Seng Qua https://lnkd.in/gDbrA69w

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The windfall tax review is long overdue. Introduced since 1998, it might be considered windfall then but it definitely is not a windfall now. Malaysia imposes a windfall levy of 3% on palm oil prices above RM3,000 per tonne in Peninsular Malaysia and above RM3,500 per tonne in Sabah and Sarawak. The cost to produce one tonne of palm oil has gone up to RM2,800-RM3,200.

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Singapore's Best Employers 2024 https://lnkd.in/gATZ3YSK The methodologies deployed for this annual survey feels legit. Assuming there are full neutrality and anonymity mechanism in place, it gives a glimpse of the corporate life so many livelihoods depend on. Since Covid days, many individuals have since recalibrated their personal reflections & priorities. A significant percentage has right-sized the meaning of work relative to other aspects in life. I wonder how does that element plays into the recent surveys and expectations on both employers & employees. We often hear that the immediate supervisor and teammates bears significant influence on an employees work satisfaction. A common saying being, "people don't leave their job, they leave bad bosses". It would be interesting to see the specifics of what Straits Times/Statista-R build into the questionnaire and evaluation matrix to give the final ranking. For those whose employers are listed, how do you feel about the survey result? For the rest of us, what are your insights from this latest survey of Singapore's employers landscape? Happy to hear your comments.

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In Malaysia, over 97% of all businesses are SMEs, contributing to over 38% to GDP. While many SMEs believe that strengthening ESG practices can increase business potential and long-term value, only 28% of SMEs have adopted some elements of ESG practices. In order to remain competitive, SMEs need to accelerate their ESG efforts as they are not immune to the global shift towards sustainable business, consumption and growth. What would it take for more SMEs to participate in the ESG value chains and improve their sustainability performance? #sustainability #esg #leaders #leadership #coaching #executivecoaching #leadershipcoaching #coachingmentoring #professionalcoaching #icfcoach #kaceconsultants

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Part 2.. time for OSH rethink in line with new OSHA enactmend roll out? In less than 10 days, 2 fire outbreaks in Pasir Gudang industrial park. One is the edible refinery and the latest is a biodieael plant. refer to links below. Have we forgothen the important of OSH / SHE? What can learnt for these incidences? The question should be .. how to put ISO45001/OHSAS18001 into practise? Management and workers attitude toward workplace safety, and it surrounding environment. Timely to re-think OSH? What is your opinion. https://lnkd.in/eRDrPm-Y https://lnkd.in/etMY4sRD https://lnkd.in/eGh445UW https://lnkd.in/g9is9hnu

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Being right is overrated It gives you a temporary sense of satisfaction during the triumphant moment But it might be not the best thing in the long run Think back to the last time you had an argument with your spouse. Gaduh dengan laki/bini You won the argument but did it make you happy in the long run? Your more better half gave you the silent treatment right? What about at work? Think back to the last time you had a disagreement with your colleague You won the disagreement but was it worth it in the long run? Your colleague is now not so friendly with you anymore right? Being right is overrated. It’s more better to be happy. Doktor Az 🩺 #morebetter #beingright #beinghappy p/s are you always right?

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[Asia - Oceania] Oil & Gas News Roundup for Week of April 22 to 28, 2024 Consolidation in Malaysia's Oil & Gas Sector -- TotalEnergies is acquiring a 50% stake in SapuraOMV, an independent gas producer in Malaysia, from Sapura Energy. This deal strengthens TotalEnergies' presence in the region. Potential Collaboration in China -- Aramco is in talks with Hengli Group for a possible stake acquisition in Hengli Petrochemical, a sign of potential collaboration between these major players. Breaking Down the News: TotalEnergies Expands in Asia: French energy giant TotalEnergies is acquiring a 50% stake in Malaysia's SapuraOMV for $530 million. This move strengthens TotalEnergies' position in the Asia-Pacific oil and gas market, particularly in Malaysia. Aramco Eyes China Market: Saudi Aramco is reportedly in discussions with China's Hengli Group regarding a potential 10% stake acquisition in Hengli Petrochemical. This could signal growing collaboration between these energy giants in the Chinese market. Sapura Energy Divests: Sapura Energy has confirmed selling its 50% stake in SapuraOMV to TotalEnergies for $530.3 million. The company may be looking to focus on other areas or reduce debt. Tengiz Field Operations Begin: Chevron announced the successful launch of the Wellhead Pressure Management project at the Tengiz oil field in Kazakhstan by its subsidiary Tengizchevroil LLP. This project is expected to improve efficiency and safety at the field. #Notes: The value of the SapuraOMV deals seems to be very close, suggesting a definitive agreement might have been reached between the parties involved. The acquisition of SapuraOMV by TotalEnergies is expected to be finalized in the latter half of 2024.

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“FOCUS ON YOU. YOU HAVE DONE ENOUGH FOR EVERYONE ELSE” Dear LinkedIn Community. As I return from a few days of conducting training in Sabah, I come back with a newfound appreciation for the importance of prioritizing self-care—a lesson that resonates deeply within me, and I believe, within each of us. During my brief absence from LinkedIn, I was touched to receive messages from some of you, asking about my whereabouts and well-being. Your concern reaffirmed the importance of genuine connections and the power of community in our lives. In our relentless pursuit of meeting the needs and expectations of others, it's easy to lose sight of ourselves. We pour our time, energy, and love into our work, our relationships, and our communities, often neglecting the most crucial relationship of all: the one we have with ourselves. But consider this: amidst the chaos and demands of life, you have done enough for everyone else. It's time to turn your gaze inward, to nurture the spark within you that yearns to be acknowledged and embraced. Self-care isn't selfish; it's an act of profound self-love and compassion. It's about recognizing your inherent worth and honouring your needs, desires, and dreams with the same care and attention that you so readily give to others. In the quiet moments of solitude, amidst the stillness of your own company, you'll find the answers you seek. You'll discover a wellspring of strength, resilience, and wisdom that has always resided within you, waiting patiently to be unearthed. By prioritizing self-care, you embark on a journey of self-discovery and inner fulfilment—a journey that leads you back home to yourself. And as you embrace the fullness of who you are, you'll find that you have more love, more compassion, and more joy to share with the world than you ever thought possible. So, dear reader, I invite you to take a moment to pause, to breathe, and to reconnect with the deepest parts of yourself. Embrace yourself fully, without reservation or hesitation, and watch as your life transforms in ways you never imagined possible. #sidimo #sidimoHR #loveyourself #letsfocus

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🌟 Exciting News Alert! 🌟 Yesterday marks a significant milestone as Prime Minister Datuk Seri Anwar Ibrahim launches the National Anti-Corruption Strategies (NACS) 2024-2028, signaling a renewed commitment to combat corruption in Malaysia. Replacing the National Anti-Corruption Plan (NACP) 2019-2023, NACS 2024-2028 outlines core strategies aimed at enhancing corruption prevention efforts, bolstering governance, and promoting integrity across public services and government-related entities. In his address, PM Anwar emphasized the collective responsibility in tackling corruption, urging both the public and governmental agencies to actively participate in these efforts. He reiterated the pivotal role of the Malaysian Anti-Corruption Commission (MACC) along with other key agencies in upholding transparency and accountability. PM Anwar’s impassioned plea highlights the urgent need to address corruption as a barrier to progress and development. He underscores the potential of combating corruption to alleviate issues such as poverty, inadequate infrastructure, and socioeconomic disparities. Let’s join hands in supporting this crucial initiative towards a more transparent, accountable, and equitable Malaysia. Together, we can build a brighter future for all. #NACS2024 #AntiCorruption #MalaysiaForward

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