IPEF 2023 – A Catalyst To Weather Labour Market Shocks: HR Minister


In light of a series of significant shocks in Malaysia’s labour market especially within the last three years, the International Public Employment Forum (IPEF 2023) is seen to be the best platform to emulate strategies to navigate the dynamics of employment moving forward.

IPEF 2023 will feature over 28 experts in their respective fields which also serves as a sharing avenue of market insights that will give tremendous benefits to employers. The essence of this sharing session from international and local experts through IPEF 2023 encompasses labour force empowerment, Technical and Vocational  Training Education (TVET) as well as employment social and  governance.

Such information will be able to drive positive change toward multiple aspects of human resources management, thus uplifting  employee productivity and company’s performance forecast and  establishing a resilient labour market.

This three-day forum will be held from October 11-13, 2023 at the Kuala  Lumpur Convention Centre (KLCC).

Human Resource Minister V. Sivakumar, in a statement today (Sept 19) said these needed changes are timely, considering the significant shock waves induced by COVID-19 pandemic that saw previous human resource  management practices become obsolete.

“To ensure that current policies include human resource management, labour market supply and demand  factors, as well as employee operations remain relevant. Various global companies are paving the way towarsd a new direction and in this regard, the aspects of best practices adopted by the World Bank, the International Social Security Association (ISSA), in addition to experts from various countries including Japan, Norway, Belgium and Germany will be the best guides in weathering the labour market shock.

The forum will also feature Minister Of Economy Rafizi Ramli, Khazanah Research Institute Advisor Prof Dr Jomo Kwame Sundaram and national bowling champion Datuk Shalin Zulkifli.

Various management experts from AirAsia, Shell, Post Malaysia and LinkedIn will also provide insights on the transformative labour market. 

The participation fee to attend IPEF 2023 for those from the private sector can be claimed against the Human Resource Development Fund (HRDF) under the Training Assistance Scheme (SBL).

From the perspective of both employees and job seekers especially among fresh graduates, IPEF 2023 is organised based on the commitment of the Social Security Organization (PERKESO),an agency under the purview of the Ministry of Human Resources (MoHR), to provide a fresh outlook on labour market demand.

MoHR feels that greater awareness in these areas is needed to ensure the issue of job-mismatch is actively mitigated in Malaysia. Also, news skills and employer requirements, especially on specific types of skills and experiences will be among the highlights to be presented in a series of discussions at the event.

Lastly, MoHR highlighted, another segment of society that will be able to benefit from IPEF 2023 since its inception in 2021 are researchers from across Malaysia.

The insights, development and evolution of the labour market – seen to be a major ‘commodity’– in this international forum will certainly assist all stakeholders and employees to shape new ideas and to formulate fresh research frameworks in future.

IPEF 2023 is an opportunity to be leveraged by various segments of society in Malaysia to allow for a shift in   labour market growth and to lead the nation as an economic powerhouse.

Registration can be made through ipef2023.perkeso.gov.my.

For any inquiries, contact PERKESO at 1-300-22-8000, 019-6101294,  019-6057634, 019-6093342 for local participants and 017-6881641, 019- 2400714 for international participants or e-mail to  [email protected].

Previous articleStarbucks In A Squeeze: Lawsuit Claims Missing Fruit In Refreshers
Next articleKLCI Ends Slightly Lower, Broader Market Firmer


Please enter your comment!
Please enter your name here