Kuala Lumpur, 21 November 2012: SMK St. Teresa, Kuching, Sarawak has emerged champion of the inaugural Perbadanan Insurans Deposit Malaysia (PIDM) Interschool Thematic Project Competition, edging 4 other finalists in this national level educational programme organised by PIDM in cooperation with the Ministry of Education.
The winning school captured the judges’ hearts with their project entitled “Wang Sihat”. The excited students and their teachers got the involvement of both parents and their schoolmates on financial awareness at SMK St. Teresa.
First runner up prize went to SMS Muzaffar Syah, Melaka. They presented their project entitled “Komuniti Bijak Wang, Masa Depan Gemilang” and shared it with the Ayer Keroh community in Melaka. Third place went to SMK Dato’ Usman Awang, Johor Bahru, fourth place to SMK Taman Universiti, Johor Bahru and fifth place to SMK Kompleks KLIA, Nilai, Negeri Sembilan.
The five final teams received their prizes today at the PIDM Education Programme Appreciation and Prize Giving Ceremony officiated by Deputy Education Minister, YB Dr. Haji Mohd. Puad Bin Zarkashi, at the Pullman Putrajaya Lakeside Hotel. Dr Puad’s speech was read by Datuk Dr Amin Bin Senin, Deputy Director General of Education (Education Policy and Development Sector).
“The Corporation’s Educational Programme known as the PIDM MoneySmart Project was launched in September 2010 and is aimed at enhancing financial awareness and literacy among students in the participating secondary schools and institutions of higher learning,” said Mr. JP Sabourin, Chief Executive Officer of PIDM.
“We are pleased to note the positive impact this programme has made in changing the mindset of students towards cultivating a good financial management habit. It is a tradition in competitions that there be a winning team. However, in our eyes all the five teams that made it to the finals are already winners.”
“In 2012, we worked closely with the Ministry of Education, State Education Departments and Education District Offices throughout the country to hold sessions with school teachers on the PIDM MoneySmart Project 2012 and our newly introduced Interschool Thematic Project Competition,” he said, adding that in this year alone, PIDM held briefings for over 500 secondary schools throughout the nation and launched its Facebook website with the same titles.
“Social media sites such as Facebook, Twitter and MySpace are communications tools used by the younger generation. Thus we believe such platforms must be used to increase public awareness and financial knowledge which benefits our youths, their families and the surrounding communities,” said Sabourin.
Since its launch in May 2012, the PIDM MoneySmart Project Facebook website has been viewed six million times by more than one million unique users from the student target group. In addition, fans also sent 250,000 invitations to their Facebook friends to surf the website.
In the Interschool Thematic Project Competition, school teams can upload their theme activities on the Facebook website to enable their schools to achieve as many votes as possible. Voting via Facebook is one of the criteria for schools to qualify for the quarter final and semi-final levels. The competition started in May 2012 with 121 schools and out of this, five schools eventually succeeded to the final levels.
Besides Facebook voting, the projects were judged based on their impact towards creating financial awareness in their schools and among the surrounding community, the project creativity, involvement of the school and community members, quality of their final report as well as photographs uploaded.
Sabourin meanwhile, noted that “Teachers who were instrumental in guiding their students in the competition have been recognised as PIDM Ambassadors. Their role were to further the objectives of the PIDM Education Programme and to increase financial literacy and awareness among their respective school students. Today, we are proud to recognise 16 teachers who have been judged as the top Ambassadors.”
Besides the Interschool Thematic Project Competition, PIDM also conducts the MoneySmart Online Game and Poster Drawing Competition based on the Money Smart theme. These competitions are still ongoing and will end on 30 November 2012.
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Rozita Ahmad, General Manager, Communications and Public Affairs Division
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Juli Murshidah, Manager, Communications and Public Affairs Division
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PIDM administers the statutory Deposit Insurance System and the Takaful and Insurance Benefits Protection System in Malaysia. Through these systems, depositors as well as owners of takaful certificates and insurance policies now enjoy legislated and explicit protection for their eligible bank deposits and takaful and insurance benefits.
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PIDM protects your deposits in the bank as well as your takaful and insurance benefits in the unlikely event of a failure of a member bank or a takaful operator / insurance company.