|Penang Future Foundation Fund|
The Malaysian Insider:
The Penang government is setting up a fund to be financed by private donors and companies to provide full scholarships for bright Malaysians.
The fund, called "Penang Future Foundation Fund", is aimed at retaining human talent with the fully sponsored recipients compelled to work a minimum of eight years in Penang, either in the private or public sector.
Other details about the scholarship:
- Aims to stem brain drain
- It would benefit all Malaysians, regardless of race, religion, gender and state of residency
- Priority would be given to Penangites