HRD Corp collects record RM2.3 billion in levies last year

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HRD Corp collects record RM2.3 billion in levies last year
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Human Resource Development Corporation (HRD Corp) collected a record RM2.3 billion in levies last year, said Human Resources Minister Steven Sim Chee Keong. Sim added that RM2.27 billion of the total levy collected last year was approved for use, reflecting a nearly 30 percent increase from RM1.7 billion in 2023. He noted that HRD Corp successfully disbursed 85 percent of levy claims last year, ensuring that funds were fully paid to employers and training providers for training programmes, a 30 percent increase compared to 2023.

Human Resources Minister Steven Sim gives his address during HRD Corp’s Chinese New Year open house at Sekolah Jenis Kebangsaan Sin Ming in Puchong February 9, 2025. — Bernama picas a first-time user . Exclusively for Malay Mail readers: Use codePUCHONG, Feb 9 — Human Resource Development Corporation collected a record RM2.3 billion in levies last year, said Human Resources Minister Steven Sim Chee Keong.

“We want to ensure it is utilised,” he told reporters after HRD Corp’s Chinese New Year open house at Sekolah Jenis Kebangsaan Sin Ming today. He noted that HRD Corp successfully disbursed 85 percent of levy claims last year, ensuring that funds were fully paid to employers and training providers for training programmes, a 30 percent increase compared to 2023.

He also shared the corporation’s goal to streamline its services by expediting levy grant approval times to one hour this year and cutting levy payment processing time from seven days to three days.Regarding the ongoing probe into HRD Corp by the Malaysian Anti-Corruption Commission , Sim said the ministry is still awaiting the investigation report.

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