Having to pay for a ‘win’

PETALING JAYA: Like most other people, leaders in the business world take pride in receiving recognition for their hard work and achievements. They also see value in being considered as among the best. These sentiments have helped spawn a lucrative mini industry built on award ceremonies that are more about earning money than honouring and encouraging excellence.

Businessmen have raised questions over the growing number of award programmes whose organisers demand payments from those who are supposedly nominated for prizes. The charges range from administrative fees to sponsorship.