Beginning this year, the award of scholarships will be based on the need for scholars to meet their bond obligations upon graduation, by securing employment either with the public sector or an approved private sector company in Malaysia, the prime minister said.
Datuk Seri Najib Tun Razak said he was confident that with the move, the Public Service Department (JPA) and Talent Corporation Malaysia Bhd (TalentCorp) would optimise the nation's best and brightest, to ensure a strong pipeline of top scholars for the Government Transformation Plan (GTP) and Economic Transformation Plan (ETP).
He said Malaysia could not be on the road to a knowledge-intensive and innovation-led economy without the talent to drive it.
"Malaysia has talent, indeed we have global talent, the only problem is that the world knows it and therefore Malaysia has to compete for its own talent," he said.
Awarding bonding scholarship for potential postgraduates could cope the brain drain problem..