00:00Finish in touch, finish in touch.
00:02One, two, three.
00:05Wow, perfect.
00:11In the year 2024,
00:17the levy that has been approved,
00:20the levy that has been, first we talk about the collection.
00:24The Kutipan levy in 2024
00:28has reached a new record,
00:32the highest in history,
00:34as much as 2.3 billion ringgit.
00:38The highest Kutipan in history,
00:40compared to 2023,
00:422.1 billion ringgit.
00:44Some people ask,
00:45what's the point of collecting levy?
00:47You're good at collecting levy,
00:49but it's useless.
00:50Yes, for us, the matter is very clear.
00:52We are not here just to collect your levy.
00:55That's right, FMM.
00:56We are not here to collect your levy.
00:57We want to ensure this levy is being utilised.
01:01Therefore, in 2024,
01:04the allowance given for the use of levy
01:08is 98%,
01:11which is an increase of almost 30%,
01:14compared to 2023.
01:16As much as 2.27 billion ringgit.
01:21So we've managed to approve
01:23almost 98% of levy to be utilised.
01:27By whom?
01:28By the employers.
01:30And,
01:31that's the approval,
01:32but the disbursement,
01:34the approval,
01:36we managed to give that money.
01:39After paying,
01:40we paid back to the employer,
01:42to the trading provider,
01:43to run the business.
01:4785% levy disbursement last year,
01:51which is also higher than 2023.
01:54Also 30% higher than 2023.
01:57Congratulations to all the members of HRD Corp.
02:05We understand that,
02:06if we want to move forward,
02:08it's very important to
02:10not only have a good foundation,
02:15but we must continue to ensure
02:17that our process continues to move forward.
02:20So,
02:21this year,
02:23through the re-engineering foundation,
02:29we want to make sure,
02:31if we want to get a levy pass,
02:35to get a grant pass,
02:37it takes about one week.
02:39Okay? One week.
02:41And if we want to get it after the pass,
02:44after the course,
02:46to get the payment,
02:47it takes about seven days.
02:49That's all.
02:50This year,
02:51we want HRD Corp.
02:54to give a levy pass
02:58from one week
03:01to one hour.
03:08If you clap harder,
03:09then you will give more pressure to HRD Corp.
03:13And we all should give more pressure.
03:17So,
03:18if we want to get a levy pass,
03:20one week,
03:21we are aiming for one hour.
03:23If we want to get a payment,
03:25it takes about one week or so,
03:27seven days.
03:28This year,
03:29we are aiming to cut that lead time
03:32from seven days
03:33to three days.
03:35Three days.
03:39Clap harder,
03:40so that you give them more pressure.
03:43So, the pass,
03:44from seven days
03:46to one hour.
03:47Payment back,
03:48payment to IP,
03:51from seven days,
03:53now we want to reach three days.
03:56So, I hope,
03:57this is the aspiration,
03:58the reformation,
04:00the order,
04:01which is supported,
04:03which is inspired
04:04by the Honorable Minister of Finance.
04:07All departments,
04:10all departments,
04:13all departments,
04:14all agencies,
04:15must move fast,
04:17because the 21st century world
04:20is not waiting for any country.
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