00:00I would like to invite Datuk Sri Panglima Madya Setangau, the Honourable Speaker.
00:07Go fishing in Tuaran River, catch a fish.
00:12Let's all visit Tuaran, the land of green, the view is beautiful.
00:17Your Honour, my question is question number 9.
00:19Minister of Women, Family and Community Development.
00:23Thank you, Your Honour. Thank you, Honourable Speaker.
00:26Your Honour, the Government through the Ministry of Women, Family and Community Development, KPWKM,
00:31has always supported women's participation in leadership and decision-making,
00:38including as a director.
00:41For your information, the Government has set a target of at least 30% of women
00:47in the decision-making ranks in the public sector in 2004.
00:52This affirmative action has been taken into account in the development of Malaysia's 9th Plan, RMK9.
00:59Subsequently, the Government has announced a base area of at least 30% of women
01:05in the decision-making ranks in the private sector in 2011.
01:10This reflects the Government's commitment and recognition of women's contributions
01:15as well as implementing various initiatives to close the gender gap
01:21and empower women's participation in decision-making.
01:26To support this base area,
01:28especially in realizing the desire to achieve 30% of women's participation as a director.
01:34During the 2020-2022 budget,
01:38the Government has announced the need for all public companies
01:43that are listed in the Malaysian Stock Exchange to reach at least one female director.
01:50The empowerment of this initiative is carried out in stages.
01:54The first phase involves large companies with a market capital of RM2 billion
01:59and above, starting on 1 September 2022.
02:03While for other companies, it starts on 1 June 2023.
02:08In addition to that, to further support the implementation of this initiative,
02:13Suruhanjaya Security has added the Malaysian Code on Corporate Governance, MCCG 2021,
02:24by introducing a statement to encourage public companies that are listed
02:29to ensure that their directors are made up of at least 30% female directors.
02:36As a result of this base and initiative,
02:38there is a significant increase in women's participation as directors
02:43in 100 top companies listed in the Malaysian Stock Exchange,
02:47or with the permission of the Top 100 PLC Public Listed Companies,
02:51from 25.5% in 2021 to 32.2% on 10 October 2024.
03:01This statistic also includes listed government-related companies or JLCs.
03:08Meanwhile, for other companies,
03:10this percentage also increased from 16.9% in 2021 to 25.4% in 2023.
03:20The impetus for this achievement exceeds the government's target in the 12th Malaysia Plan,
03:26which is 30% women as directors by 2025.
03:31This achievement also received international accolades.
03:35At that time, I and the Malaysian delegation defended the sixth state report
03:40under the Convention on the Elimination of All Forms of Discrimination Against Women, or CEDAW.
03:52On 22 May 2024 in Geneva, Switzerland.
03:57In addition, this initiative also succeeded in obtaining recognition
04:01through the Ministerial Award at the 2023 Global Summit of Women in Dubai, United Arab Emirates.
04:09I urge all parties to work together to realize the government's aspirations.
04:17We, KPWGM, are committed to continue the efforts, advocacy and encouragement
04:22so that all parties are committed in this matter.
04:46Thank you, Mr. Speaker. Thank you, Mr. Speaker.
05:14Actually, Mr. Speaker, contrary to the good achievements that I shared just now,
05:20it cannot be denied that the percentage of women's involvement in politics remains a challenge.
05:27This can be seen through the representation in the parliament.
05:30And in addition to that, what Mr. Matt mentioned earlier about expanding from JLC to PLC,
05:37that has indeed become our effort.
05:40Because of that, we work together with the Ministry of Finance to ensure that
05:46apart from one person, at least one person becomes the Director General,
05:52apart from that, we also want to see more achievements.
05:57However, we have also seen what has been achieved by the government at this time,
06:01where more than 30% have held positions in decision-making,
06:09positions with permission.
06:11And in addition to that, Mr. Matt, I would like to share here that
06:15on March 3, 8 months ago, when we celebrated Women's Day in Terbangsa,
06:25we asked for the initiative of Mr. Matt, the Prime Minister,
06:31to order us, the Ministry, to hold a programme called Women's Leadership Summit 2024,
06:44and it has been approved.
06:46And now, the programme covers everything, not just in terms of economy,
06:53not just in terms of holding positions in various fields, but also in politics.
06:59So, we want to expand women's involvement in all activities involving women in this country.
07:08We need to raise the standards of women even more.
07:11So, we have proposed the programme, but it will be official, God willing, before the end of this year.
07:19Thank you very much.
07:29Thank you very much.
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