All the companies owned by agencies under the Rural and Regional Development Ministry (KKDW) recorded improved financial performances in the third quarter of this year compared to the same period last year, said deputy minister Datuk Rubiah Wang at a retreat for the companies in Kuala Lumpur on Wednesday (Oct 30).
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NewsTranscript
00:00I am the landowner. The company owns an agency and a regional development agency, KKW, for the third time this year.
00:12First we did it in January, then we did it in June, and this time we did it in September.
00:19The main purpose is to see the achievements of the company's members, especially those who own an agency and a regional development agency.
00:32The achievements of VELCRA, Berhad, RISDA, five regional development agencies, namely Kesedar, Ketengah, Perda, Kejora, and Perda, have been carried out well.
00:47The achievements of all the members of the company have been beneficial, unlike last year.
00:55First of all, we would like to congratulate Ketengah, which has been beneficial.
01:03Before tax, the target this year was Rp 55 million, but as of September 9, it has reached Rp 53.8 million.
01:17Not only in June, but today the members of the company have been able to develop a good business plan, and are able to give more benefits to their companies.
01:34However, what is emphasized by the Minister of Employment and Employment, in this resettlement session, he has also hoped that all the members of the company focus on functions and roles,
01:49and always make a hands-on approach to advance a more competitive business world.
01:59He also hopes that all the members of the company focus more on the objectives of the company, rather than the personal interests, and also be more reliable, responsible,
02:14and what is important, ensure that the business plan that has been designed is implemented according to the time frame and KPIs that have been established.
02:27Among the contributing factors that have ensured the benefits that have been achieved by the members of the company, the first is from a management point of view.
02:35The second is from the point of view of the establishment of a business plan, the members of the company are more planned, and people say they have the ability to advance,
02:50meaning that the activities and programs that the business has been given have advantages or benefits that are more positive for the organization.
03:01And the third, the business plan that has been chosen coincides with the motives or objectives of the foundation of the KKW and the country.
03:13KPIs that have been established, half of them have been exceeded. For new targets, we will determine in January, the resettlement session that comes.
03:22Besides from the business point of view that they have implemented, the benefits for five years, until 2008, have been made.
03:31Therefore, the establishment of next year's targets, God willing, we will determine in January. God willing, it will be better than this year.