For once, it is great to have something positive to write about. It is heartening to note that Khazanah is making a generous donation to University of Malaya to endow a chair. Hopefully, University of Malaya will make a colour blind appointment and get a world class professor like Danny Quah from LSE or Woo Wing Thye from University of California.
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Funds for new chair
By SIMRIT KAUR
KHAZANAH Nasional has given RM30mil to fund a chair at the newly-established Malaysian Centre of Regulatory Studies at Universiti Malaya (UM).
Higher Education Minister Datuk Seri Mohamed Khaled Nordin, who announced this at the official launch of the centre on April 21, said the new centre would help to reduce the lack of trained personnel in the regulatory field.
“There is a need for the establishment of a centre of excellence for law and economics to enhance the regulatory environment as the 1997 Asian financial crisis showed the importance of having a sound regulatory framework to achieve greater economic stability,” he said.
Mohamed Khaled added that there were currently about 100 centres of excellence in local public universities. However, only a handful, he said, had achieved world recognition.
