Source: “HRD Corp”
Expansion of the Pembangunan Sumber Manusia Berhad (PSMB) Act 2001
*EFFECTIVE FROM 1 MARCH 2021
The expansion of the PSMB Act 2001 was mandated by the Government of Malaysia in its 11th Malaysia Plan (11MP) under Strategic Thrust 5 – Focus Area C: Strengthening Lifelong Learning for Skills Enhancements. This entails the expansion of access to HRD Corp’s funds, programmes and services to all industries.
The 11MP has identified high-quality human capital as the necessary element to propel the country’s future economic development. Therefore, it has set the target of ensuring that 35% of the Malaysian workforce will comprise skilled workers.
List of Industries Covered under the First Schedule of PSMB Act 2001
- Agriculture and farming
- Livestock and fisheries
- Forestry and logging
- Mining and quarrying
- Manufacturing and production
- Trading, business and wholesale
- Construction
- Supply
- Property
- Culture, arts and entertainment
- Fashion and clothes
- Cosmetic
- Tourism and recreation
- Service
- Franchise
- Electricity
- Oil
- Gas and steam
- Water Sewerage
- Management of solid waste, liquid and gaseous and remedial
- Automotive
- Transportation
- Repair and maintenance
- Storage
- Delivery
- Food and beverages
- Information system
- Communication and multimedia
- Broadcasting and films
- Insurance and takaful
- Investment
- Co-operative societies
- Professional
- Science and technology
- Research and development
- Science and technicality
- Administration and support service
- Education
- Medical and health facilities
- Social welfare
- Administration of organisation membership
- Small and medium enterprises
- Household goods and services
- Sports
- Energy and natural resources
- Personal services
Checklist for Registration of Employers Under PSMB ACT 2001
| No. | Types of Documents | Example |
|---|---|---|
| 1 | Certificate of Incorporation / registration of companies/ partnership/ enterprise/ association and others | Form 9/business license/Form 8/Section 14 Super form and other registration certificates. |
| 2 | Documents for no. of employees | EPF statement / SOCSO statement |
| 3 | Documents for employers’ activities | Company profile/annual report or other documents showing employers’ activities. |
About us
Excel Academy is a human capital development provider, delivering trainings and programmes for the needs of the various industries in Malaysia. We currently focus on Professional Certification, Executive Development, and Soft Skills Development.
Our courses and programmes are recognised by, HRD Corp (Human Resource Development Corporation), SIDC (Securities Industry Development Corporation), SLDN (Jabatan Pembangunan Kemahiran), BOVAEP (Board of Valuers, Appraisers, Estate Agents & Property Managers Malaysia)