Malaysian universities ready to reopen

Star-studded study group: Sunway University students studying at the communal areas on their campus accompanied by cardboard cutouts of celebrities like Nicol David and Ed Sheeran. — ART CHEN/The Star

Colleges and universities take own initiative to make campus safer

It’s all systems go for the country’s higher education institutions as they wait to welcome students again after face-to-face learning came to a halt when the movement control order (MCO) was announced on March 18.

Both private higher educational institutions (IPTS) and public higher educational institutions (IPTA) have taken the necessary safety precautions and made arrangements for the return of their students.

They are now waiting for the related standard operating procedure (SOP) from the Higher Education Ministry, which is expected to be released soon.

“We have prepared the documents. They are currently pending approval from the Prime Minister’s Office to be released,” a ministry official told The Star yesterday.

Malaysian Association of Private Colleges and Universities (Mapcu) president Datuk Dr Parmjit Singh said its members had taken precautionary measures to maintain the safety standards of its campuses and facilities since the start of the pandemic.

“We are fully prepared to open and are just waiting for an official announcement to see how operations will be managed because so much depends on the ministry’s SOP,” he said in response to Senior Minister Datuk Seri Ismail Sabri Yaakob’s announcement on Wednesday that the National Security Council has approved the ministry’s proposal to reopen the institutions.

Ismail Sabri said the country’s Covid-19 outbreak had stabilised and the reopening of these institutions would include allowing foreign students to return.

National Association of Private Educational Institutions (Napei) president Assoc Prof Elajsolan Mohan said the IPTS had ensured that the learning environment was safe.

“We are ready and are following international best practices because we have many international partners. We already have measures in place. The security and safety of students will continue to be our top priority,” he said, adding that sanitation activities had been carried out.

He said the institutions had been looking forward to resuming classes because they were concerned about some “technologically disadvantaged” students who were unable to access certain online classes due to the lack of Internet connectivity. Its members will also allow staff to alternate between coming to campus and working from home while students can opt for blended learning (a mixture of face-to-face and online learning).

“One way to ensure crowd control on campus is to let students who have to commute and those in Sabah and Sarawak to use remote learning,” he said.

He added that institutions must address the issue of student assessment resulting from the difference in learning methods over the past four months.

Sunway Education Group’s chief executive officer Elizabeth Lee said students would be returning to the campus in stages this month.

And they will be greeted by some “fun social distancing companions” like Henry Golding, Datuk Lee Chong Wei, Datuk Nicol David, Chef Wan, Ed Sheeran, BTS’ Jungkook, Rowan Atkinson and Jack Ma – in the form of cardboard cutouts.

She said the “social distancing companions” placed on seats around campus would be effective in discouraging people from sitting too close to each other.

“Instead of the usual ‘X’, the cutouts of well-known personalities, which have been placed strategically at communal study areas, double up as fun photo props for students to take selfies with their favourite celebrities.”

Taylor’s University School of Food Studies and Gastronomy head Siti Ramadhaniatun Ismail said all of the the institution’s culinary arts students in semester one and finalyear students were allowed back on campus from Wednesday for their practical classes.

“They need to attend their practical classes to sharpen their practical skills component,” she said.

Universiti Sains Malaysia (USM) acting deputy vice-chancellor (academic and international) Prof Datuk Dr Ahmad Farhan Mohd Sadullah said the varsity had been quiet without students.

“We have precautionary measures in place and these take into account the many possible scenarios involving the movement control order (MCO).

“We have worked diligently to make sure our campus is a safe zone when the pandemic was at its worst.”

USM had initially planned to welcome students back next year, in accordance with the government’s earlier announcement that e-learning would continue until Dec 31.

“We will modify the current SOP to accommodate students who will be returning soon,” he said, adding that crowd control will not be a problem as USM will implement blended learning.

“We are only expecting students to return in early October as USM is almost finishing its second semester – students will soon be enjoying their holidays,” he said.

Universiti Putra Malaysia (UPM) deputy vice-chancellor (academic and international) Prof Dr M. Iqbal Saripan said all its faculties were opened to research and certain final-year students on Wednesday.

He said UPM had implemented a system to track the movement of its staff and students using a QR code.

The “reopening process” will continue in phases until next February.

“Twenty-five percent of our student body is on campus now. We hope that we can increase the number gradually, especially for research students.

“We allow staff, who are in the high-risk group and have small children, to work alternate days from home. But it won’t be a problem if they all choose to come to work.

“Reopening of the higher educational institutions is good news, but we need to ensure international students who are still overseas can access the classes while the borders are still closed.”

Noting that students are eager to return to life on campus, Universiti Kebangsaan Malaysia (UKM) vice-chancellor Prof Datuk Dr Mohd Hamdi Abd Shukor said the existing SOP would be revised once the new advisories and directives are announced.

UKM has been operating at capacity as of June 10.

“Working from home only applies to certain staff who are in high-risk groups or have medical conditions.

“Lectures were offered in sessions and with a limited number of students,” he said.

He added that students who feel uncomfortable returning to campus can continue with online learning.

Universiti Malaysia Sarawak (Unimas) vice-chancellor Prof Datuk Dr Mohamad Kadim Suaidi said final-year students who require facilities such as the laboratory, studio and workshops, as well as students who need to complete industrial training on campus, can already return.

“We are also planning to allow students who lack electrical gadgets and are facing Internet connectivity limitations to return to campus to continue with their lessons using campus facilities.

“However, this needs the ministry’s approval first. If approved, we will observe the SOP strictly whereby there will not be more than 25% of the student body on campus, and facility usage will not exceed 50% of its capacity,” he said in a press release.

He added that the university would monitor students who use the facilities through its “We Care” application, an online application which can track movement in realtime.

“New pre-university students will be allowed to come to campus in stages starting August, while new postgraduate students can start returning in October,” he said. full

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Childcare centres in Penang allowed to reopen in phases from June 15 onwards

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Childcare centres in Penang allowed to reopen in phases from June 15 onwards

The first phase of the reopening of childcare centres will start on June 15 and more will be allowed to open in the next phases. — Filepic

THE Penang government has agreed to allow all 120 registered childcare centres (taska) to operate in stages, says state welfare and caring society committee chairman Phee Boon Poh.

He said the first phase of the reopening involved 26 centres starting from June 15 and more would be allowed to be open in the next phases.

“Since June 1, the state government and several other agencies, notably Welfare Department, have been conducting surveillance at the taska centres during the conditional movement control order (MCO).

“During the surveillance, the operators’ compliance level of the standard operating procedure (SOP) was scrutinised.

“The detailed reports were sent to me,” he said in a recent statement.

Phee said only nine taska were allowed to open in the state.

There are 15 public taska in the state.

“Overall, the compliance rate is at a satisfactory level.

“The attendance of kids is still at the minimum and the centres operate at 50% of their capacities,” he said.

He said the state government’s intention to allow private taska to operate had to be postponed to June 15 following additional SOP imposed by the Health Ministry on June 1.

He said regulations on matters such as cleanliness, isolation room preparation, sanitisation and prevention of gatherings must be channelled to parents and be taken seriously.

He said this was to ensure that there would be no risk of the virus spreading among children.

In ensuring compliance, taska operators must get the operating permission letter from the state Welfare Department after inspection is complete.

They must ensure that the total capacity of children in their premises does not exceed more than 50%, among other requirements.

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Is Covid-19 the end of the world as we know it?

Why Trump's COVID Opinions Don't Match Reality

https://youtu.be/aLg28SUfwqQ

• People in rich, developed countries are increasingly disillusioned, and realising that politicians are short on long-term answers

• These nations need to agree on a new approach to managing the future and a fresh compact with their society and the rest of the planet
  
  The idea that those living successful, advanced countries can look forward to perpetual advancement is no longer a given after Covid-19 . 

  
   I thought the end of the world would look different. There are no horsemen, no mushroom cloud, no alien spacecraft. Just sweatpants and Zoom. As it turns out, rumours of our demise have been exaggerated.
  
  If you live in the developed world, the first 20 years of this century might have resembled the apocalypse in slow motion – from September 11 to Sars, the war on terror, the global financial crisis, technological disruption and Islamic State, to Trumpian anxiety and now Covid-19. Are we reliving the Crusades or fast-forwarding to the dystopian world of Blade Runner?
  
  And yet, for many others, the 21st century has also been a revelation. Money to spend, real-time connections with the world, the Babylonian wonders of urban life and much more.
  
  THE (DEVELOPED) WORLD IN CRISIS
  
  Time and again, data and insights have supported this dichotomy. For years now, polling and analysis have pointed to growing levels of dissatisfaction and malaise in a number of rich countries. This is against the backdrop of people who are not only living better lives, but empowered with opportunities thanks to greater mobility and education, which have transformed their existence.
  
  Our study by Blackbox Research, “World in Crisis”, measured the sentiments of citizens from 23 countries toward their governments’ Covid-19 crisis management efforts. While news coverage has focused predominantly on the study’s political findings and how leaders performed, these results are in many ways less interesting and largely predictable. What really stood out to us at Blackbox were the wider perceptions of how business, media and communities were seen to have responded.
  
  The results of our study, which have been reported in nearly 30 countries to date, show that most countries were rated poorly across the board. The major revelation for us was how people in the majority of the world’s most advanced countries – in both the East and the West – were not only shocked and surprised by how quickly the crisis overran their daily lives, but also expressed a wider feeling of being let down, giving the impression that they had expected more.
  
  Performance ratings for business leaders and healthcare systems, even local communities and neighbourhoods, all scored more poorly in advanced nations.
  
  
  Our findings, from the United States to Italy and to Japan, all point to one thing: People living in wealthier nations feel isolated and vulnerable in a way they have not felt for generations. Of the 11 developed countries and territories covered in the study, only New Zealand scored above average in our index. Who knew the Kiwis were living in the last well-appointed bungalow in a run-down neighbourhood?   
  
  
  A REJECTION OF THE TRUTH
   
  Despite the long-standing evidence from even before our study, we are witnessing a level of denialism, with some commentators suggesting that the scores do not reflect the best route ahead. The wealthier nations, they argue, just need the time to organise their resources in response to such an unprecedented event. Once this happens, they claim, public opinion will soon shift. Yet the most recent polling in nearly all of these countries indicates that perceptions have actually deteriorated further.
• 
  
  Japan and France, for example, scored the lowest in our study, and public opinion in both countries remains anaemic. Yet the responses from these countries hardly feel like outliers. South Korea, which scored fourth lowest in our study, even voted overwhelmingly to reelect a president during the crisis. So in all likelihood, the scores reflect more than simple antagonism towards political leaders. Something else is going on.
  

    Flaws laid bare: South Korea, which scored fourth lowest in the study that measured citizen sentiments, even voted overwhelmingly to reelect a president in the middle of the Covid-19 crisis. —

  
  
  On the other end, some argue that the countries that scored well are often authoritarian and have leaned on state-controlled media to the extent that their people tell pollsters everything is hunky-dory. While their media diet can have some influence in what people tell pollsters, it does not tell the full picture. Singapore, Thailand and even Iran are all dominated by state media, yet none of them recorded stellar results in our study. Barking up the propaganda tree only gets you so far.
• 
  
  Two months on, the vulnerability expressed in our study by people in advanced countries largely remains. It also appears to fit a continuum that has been developing for some time now: the belief and confidence that unravelled after World War II and peaked with the collapse of the Berlin Wall in 1989, but was rock solid by the end of the 20th century.
  
  
  TIME TO SET THINGS RIGHT

  
  

  The rich global disillusionment reflected so obviously in our poll, as well as in others conducted during the current crisis, has not arisen out of nowhere. It demonstrates a real sense that all is not right. The emotional mindset also goes well beyond anger. There is a growing realisation that political and business leaders are short on long-term answers, and “community” is now a term more likely associated with social media than social cohesion.

  
  

  What this crisis has done more than anything else is expose the real flaws and weaknesses that have been emergent in advanced countries for many years. The scab has been peeled off, and the wound is worse than we thought.

  
  

  The findings of our study reveals something pertinent: It is time for developed nations to truly reflect on the way forward. The idea that those living in successful, advanced countries can look forward to perpetual advancement is no longer a given. More and more people are coming to comprehend this. The present crisis, more than all the other recent ones, has laid this bare.

  
  

  With that, confidence can only be regained through new ideas and action. Developed countries need to agree on a new approach to managing the future and a fresh compact with the rest of the world. As with a major war, Covid-19 has left everyone with heavy losses, and now is the time to acknowledge that simply trying to paper over long-standing flaws (that are much worse than most have been prepared to concede) is not going to offer either stability or hope

  
  

  These could include rethinking the global institutional framework – whether it is for trade, health, finance or even technology. Countries also need to reconstitute and develop new forums to include a more diverse representation of key global stakeholders. In the same way leaders have been forced to address changing attitudes and demands on race and gender in recent years, they now need to expand this change of approach to society itself.

  
  

  So, it turns out once again that the apocalypse is not nigh. People too often confuse end times with a reshuffling of the order. Those who have enjoyed sitting in the premium seats for a long time will have to pay more for them or give them up altogether.

  
  

  By David Black,  the founder of Blackbox Research, a Singapore-based research agency and data content specialist, mainly covering national and regional opinion across Asia. David has lived in Singapore for the past 20 years

  
  

  As R.E.M.’s Michael Stipe sang, “It’s the end of the world as we know it and I feel fine.” – The Jakarta Post/Asia News NetworkThe writer is founder and CEO of Blackbox Research, a data-driven content and research agency based in Singapore that primarily covers national and regional public opinion. The views expressed here are solely the writer’s own.
  
  

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Break free of US dollar hegemony: What’s next?

The dollar is central to the global monetary system – used worldwide as a unit of account, store of value and medium of exchange. Most commodity and forex contracts are denominated in it. It represents more than one-half of all cross-border interbank claims (a proxy for international payments). That’s five times US share of world goods imports, and three times its share of exports. About two-thirds of world reserves is held in US dollars.

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The yuan’s stability is partly by design, and by good luck; backed by foreign exchange reserves held steady at US$3.1 trillion since mid-2016.

TODAY, the world’s financial rhythm remains American. The US dollar assumed the role of the world’s dominant reserve, payment and settlement currency after WWII. The country’s position as the sole financial superpower gives it extraordinary influence over the destinies of nations.

For 70 years, the United States has used this power rather routinely, as a matter of reality. Of late, however, it has been engaged in “financial warfare” in the service of its foreign policy. This has prompted nations to “break free” of US dollar hegemony, including preventing “US sanctioned nations” free access to US dollar-based financial system with devastating impact.

The dollar is central to the global monetary system – used worldwide as a unit of account, store of value and medium of exchange. Most commodity and forex contracts are denominated in it. It represents more than one-half of all cross-border interbank claims (a proxy for international payments). That’s five times US share of world goods imports, and three times its share of exports. About two-thirds of world reserves is held in US dollars.

It is the preferred currency of central banks and capital markets (accounting for 65% of global securities issuance). The irony is people rushed to buy dollars during the subprime crash, even though Wall Street caused it. They did so again in March this year despite US bungled response to Covid19. The global finance plumbing is US dolarbased – most international transactions are ultimately cleared in US dollars through SWIFT (banks’ main cross-border messaging system) and CHIPS (Us-centric clearing house network) through New York by US “correspondent banks.” Denied access to this infrastructure, the institution is isolated and financially crippled. The United States began flexing its financial muscles (including imposing hefty penalties) after the terrorist attacks of September 2001.

Trump has since “weaponised” it to a new level – to-date, it has over 30 active financial and trade-sanctions programs. Early this year, it used this dominance to cut-off support to the Iran and Iraq regimes, adversely affecting their use of oil revenues.

This use of the dollar to extend its policy reach is “an abuse of power,” i.e. bullying; Russia refers to its use, a “political weapon.” Even allies (EU, Japan, UK) are concerned Trump is undermining US role in maintaining orderliness in global commerce and finance. There is already widespread talk to “dethrone” the US dollar, through the dedollarisation of assets; more use of domestic currencies in its trade workarounds and swaps; and new banking payments mechanisms and digital currencies.

Also, nations have expanded settlement of bilateral trade in their own currencies, or gold; even barter. Russia has gone the furthest, including dedollarising parts of its financial system; reducing US dollar share of its foreign reserves (40% to 24%); cutting its bank’s holdings of US dollar Treasuries to under Us$10bil from Us$100bil; bringing down its exports denominated in US dollar to 62%; and shifting US dollar trade with China and India to non-us dollar settlements; and denominating over 40% of its crude oil tenders in euros.

Like Russia, China has begun to set-up “building blocks” to become more autonomous, including a yuan-denominated crude oil futures contract (“petroyuan”) on the Shanghai exchange. US allies are flirting with it, too. But, EU first has to reform the inner workings of the euro and complete work on banking union, fiscal integration, etc., before it is ready to create a global electronic invoicing euro currency.

Reserves option

US dollar’s role as a reserve currency point to three distinct benefits: (i) lower transactions cost; (ii) macroeconomic policy flexibility, including foreign financing of its deficits; and (iii) leverage to benefit allies. Of course, it carries costs: (a) tends to hurt exports by being strong and stable; (b) overhang of debt overseas opens domestic economy as hostage to sudden capital movements; and (c) needs to bail-out the system.

That’s why the UK, Japan and Germany shied away. However, because the world has changed, EU has since started to push for a stronger international role for the euro. But becoming a serious reserve currency requires: (a) large, deep and liquid capital markets; (b) a secure bonds infrastructure, especially in government bonds; (c) wide use in world trade; and (d) a big economy that’s integrated into global markets.

Without fiscal union, EU lacks a supranational, liquid euro bond; its capital markets are not robust enough – a real banking union would help. Euro’s share of global reserves is down to 20%. Russia also tried – cuts US dollar share of its reserves to 24%. Issues most debt in roubles and euro; only 60% of its exports is settled in US dollars, and 40% of its oil sales contracts is denominated in euros. It has still a long way to go.

China had longed wish to internationalise. But, its capital controls remain a serious problem: it limits how much outsiders can access its currency. In 2017, Bond Connect was launched – allowing foreigners to invest in offshore bonds through Hong Kong, and scrapped investment quotas.

China has since made good progress: (i) offshore yuan deposits are rapidly rising; (ii) issues of yuan “dim-sum” bonds are getting popular; (iii) boom in forex transactions suggests growing usage, especially in hubs like Hong Kong, London, New York and Paris; (iv) more offshore investment products are denominated in yuan; and (v) Hong Kong today lists ETFS, gold futures and property investment trusts in addition to Chinese equity. China’s advances are global: it has a vast global trade and investment network; Chinese FDI is mainly in yuan; it settles 15% of its foreign trade in yuan. Today, more globally yuan payments are processed by banks.

One-fifth of European trade with China is settled in yuan, as is 55% of payments among them. Since 2018, yuan-denominated oil futures were launched in Shanghai, as are margin deposits on iron ore futures in Dalian. China’s commodity exchange is emerging. Most of all, central banks are warming up to the yuan – since inclusion in IMF’S SDR (a basket of five elite currencies), its share of global reserves has risen to 2.1%;

China has already signed currency swap arrangements with over 60 nations. Today, the “yuan bloc” accounts for 30% of global GDP – second only to US dollar (at 40%). China opened up its US$13 trillion bond market (world’s second largest), which accounts for 51% of all bonds issued by EMES.

Foreigners now hold 3% of this market and 9% of its government bonds. Its main attraction: good yields and diversification benefits. Further, the yuan has been among the most stable currencies in the world since mid-2016. Its real effective exchange rate – against the basket of currencies of its trading partners, adjusted for inflation – has risen by just 0.2% over the past four years. The yuan’s stability is partly by design, and by good luck; backed by foreign exchange reserves held steady at US$3.1 trillion since mid-2016.

New initiatives

US geopolitical rivals’ desire to escape the dollar dominance is real. In designing its new e-yuan, China wants a head start on the dollar; it is reported to be considering creating a common cryptocurrency with other BRICS nations (Brazil, Russia, India and South Africa). Similarly, on its part, EU is determined to encourage its members to eliminate “undue reference” to US dollars in payments and trade invoicing.

EU’S main initiative has involved Iran. It tried to create a way for its banks and firms to trade with it through Instex (a clearing house created for this purpose by Britain, France and Germany, with European Commission’s support) by-passing US dollars or SWIFT.

The stuttering performance of Instex reflects the sheer scope of the dollar reach: US claims jurisdiction if a transaction has any American “nexus,” even though not denominated in dollars. Despite this, more EU states are determined to join Instex. It’s EU’S intention to expand its financial reach – through a network of global electronic central bank digital monies that serves as a global invoicing currency, excluding US dollars. Also, its capital market needs greater depth and liquidity, key factors in choosing a currency for commerce. As Trump continues to use sanctions aggressively, efforts to circumvent them will accelerate. The reality is that US does not have a monopoly on financial ingenuity.

What then are we to do

There’s no question the world urgently needs a multinational currency reserve regime. The dollar is being weaponised to bully. This won’t do. Nations, including US allies, are looking for and working on an effective but viable and sustainable option. This will take time. The search is still very much work-in-progress. Euro and e-yuan look promising. But they have a way to go. Like it or not, any e-currency has to be central bank-backed to be credible, and where the public can readily access it.

Still, central banks face hurdles in offering dedicated digital currencies and related accounts to the public. Understandably, many central banks have been hesitant in creating digital currencies. As I see it, they remain worried on how to monitor transactions to prevent fraud and hacking, and whether digital currencies should be linked to interest rates. It’s a responsibility, I think, central banks really don’t want to take-up.


By Lin See Yan, Kuala Lumpur, June 22, 2020

Former banker, Harvard educated economist and British chartered scientist, Prof Lin of Sunway University is the author of “Trying Troubled Times Amid Trauma &Tumult, 2017–2019” (Pearson, 2019). Feedback is most welcome.

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Developing AI specialists through collaboration

(Front row, from left) Cheong, Lim and Hoo at the MOU signing to implement AI development training.

A PARTNERSHIP has been formed between a global information and communications technology (ICT) solutions provider, an Internet solutions provider and a secondary school in Malaysia to implement artificial intelligence (AI) development training. (Front row, from left) Cheong, Lim and Hoo at the MOU signing to implement AI development training.

Huawei Malaysia is the first company in the Asia Pacific to sign a memorandum of understanding (MOU) with Jenexus Holding Sdn Bhd and Chong Hwa Independent High School, the first independent secondary school in Malaysia to be a part of the Huawei Atlas AI Talent Development ecosystem programme.

The partnership sets a milestone in the Malaysian education landscape as the programme is expected to nurture a pool of savvy young talents who are proficient in developing AI technologies.

This will ensure that Malaysian talents remain relevant for future employability.

Chong Hwa Independent High School principal Cheong Moey Lian said, “We are proud to be the first independent high school in the country chosen for this programme.

“As technology becomes a necessity in our daily lives today, it provides vast possibilities for those who master it.

“We are excited to experience how this series of coursework with the Atlas 200 Developer kit and Huawei Cloud AI Modelarts can empower our students to be expert AI developers.”

According to Huawei, the AI industry is expected to grow rapidly in the coming years and demand for AI specialists has never been greater.

Globally, Huawei has been playing an important role in nurturing AI talents and is committed to grow these talents in the market where it has a presence.

Huawei Malaysia is harnessing its expertise to grow Ai-related roles as a catalyst to spur economic growth in the country.

Collaborative engagements with partners and learning institutions is a vital component to grow the AI industry in Malaysia.

Together with the tools and case studies available in the Huawei Ascend Developer ecosystem, the programme aims to bring immersive AI experience and knowledge to all its users.

Huawei Malaysia Cloud and AI vice-president Lim Chee Siong said:

“Huawei is committed to nurturing young digital talents to equip them with skill sets that are highly sought after, as they forge the future of Malaysia’s Industrial Revolution 4.0.

“As a leader in ICT solutions, Huawei continues to be committed to developing creative solutions to fulfil the technology gaps in the country and be a catalyst for Malaysia’s economic growth,” said Lim.

With the emphasis on developing quality AI talents, Huawei Malaysia and Jenexus Holding Sdn Bhd will be providing their expertise, resources and technical support to the coursework deliverables to ensure that they are on par with global standards.

Jenexus Holding Sdn Bhd managing director Desmond Hoo said: “As a leading company in providing business network services, business IT development, business cloud as well as business software development and business digital segment, we are thrilled to be Huawei’s chosen partner for the Atlas AI Talent Development programme, which will benefit both students and teachers.”

Leveraging on cloud expertise from Huawei Malaysia’s collaborative partner, Jenexus Holding will assist Huawei in providing cutting edge AI technology training to Chong Hwa’s teachers and teaching assistants.

This includes providing and updating of teaching aids and courseware support, such as Huawei Atlas-related literature, AI basic theories, Atlas-series product innovation, hands-on experiments as well as relevant industry case studies.


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