Budget 2026: RM6bil to strengthen Bumiputera education and talent growth


Yayasan Peneraju chief executive officer Ibrahim Sani

KUALA LUMPUR: The government has allocated RM6bil under Budget 2026 for Yayasan Peneraju (YP), UiTM and MARA to strengthen Bumiputera education opportunities.

The allocation will enable YP to train 12,000 Bumiputera talents in 2026, marking the largest annual intake in the agency’s history.

In a statement, YP said 2026 is expected to mark a historic milestone, as the number of newly registered Bumiputera Chartered Accountants with the Malaysian Institute of Accountants (MIA) is projected to surpass their non-Bumiputera counterparts for the first time.

“As the agency entrusted with the mandate to identify, nurture and grow Bumiputera talent, we are fully committed to supporting the aspirations of Budget 2026. Budget 2026 gives us the momentum to take Bumiputera talent to the next level.

“Our clear goal is to produce 2,000 Chartered Accountants and 10,000 technology talents in 2026, equipped with skills in cybersecurity, Artificial Intelligence (AI) and Enterprise Resource Planning (ERP). Collectively, these efforts will uplift the Bumiputera community and strengthen Malaysia’s position as a globally competitive economy,” chief executive officer Ibrahim Sani said.

The agency’s accounting pathway allows participants to qualify as chartered accountants as early as 21 through programmes such as ICAEW and ACCA. Its technology courses offer over 90 certifications, including Ethical Hacking, Cybersecurity, Enterprise AI, Data Practitioner, and ArchiMate® EA Foundation & Practitioner.

Since its establishment in 2012, YP has developed more than 80,000 Bumiputera talents, including accountants, innovators in technology, medical specialists and skilled professionals across diverse sectors

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Oil eases as weaker demand outlook counters Mideast supply concerns
Construction work value up 8.8% to RM47.8bil in 2Q26 - DOSM
MN Holdings bags RM71.02mil contract from TNB
Gamuda's Australian unit lands RM1.6bil contracts for solar and battery hybrid projects
LPI Capital posts net profit of RM6.686mil in 2Q, total dividends of 90c/share
Malaysia's natural rubber production jumps 31.5% in June 2026 - DOSM
Sembcorp projects stronger second half after 25% drop in interim profit
HLIB expects Malaysia's 2Q GDP to expand 5.9%
MSCI to drop ride-hailing firm GoTo from Indonesia index on liquidity concerns
Indonesia eyes gradual implementation of more targeted fuel subsidies

Others Also Read