An important part of being a responsible business is supporting the local community in meeting under-served societal needs. In 2019, Cycle & Carriage Bintang rolled-out a corporate social responsibility (“CSR”) programme which focusses on meaningful contributions that in line with our corporate values to create greater positive social impact for our communities and business.
To mark our 120th anniversary in 2019, Cycle & Carriage Bintang launched the Cycle & Carriage Study Grant in April 2019. This initiative is aimed at supporting the technical and vocational education of youth pursuing a career in Malaysia’s automotive sector. It is projected that by 2020, the country will see an increase in demand for an additional 1.3 million Technical and Vocational Education and Training (TVET) workers. The study grant is designed to benefit local youth requiring financial assistance and who come from families with a monthly household income of RM3,000 and below. By supporting their access to quality technical and vocational education, this initiative in turn will result in greater employment opportunities that spur economic growth and eventually help break the cycle of poverty.
A firm believer in supporting the technical and vocational education of youth in Malaysia, Cycle & Carriage Bintang recently engaged with Montfort Boys Town (MBT) in Shah Alam, an institution dedicated to providing welfare and education to underprivileged youths since 1959. We donated 45 units of pre-loved computer equipment comprising desktops, computer processing units and monitors for the benefit of the Computer Maintenance programme students at MBT.
“We believe education is the key to breaking the cycle of poverty and raising the quality of life and we want to play role in helping our young people hone their skills and have the chance to advance in their future careers and in life,” said CEO, Wilfrid Foo.