TAWAU (July 6): In a groundbreaking initiative to empower local communities, the Financial Education Network (FEN) successfully launched its premier Karnival Celik Kewangan (KCK) in Tawau, marking a significant milestone in financial outreach. According to Borneo Post, the event was vibrant, educating more than 6,000 participants over a fully immersive two-day carnival.

An Event to Remember

Under the aegis of Adnan Zaylani Mohamad Zahid, Deputy Governor of Bank Negara Malaysia, the carnival unfolded with over 21 dynamic exhibition booths. “Managing finances in today’s ever-changing economic climate is essential,” noted Zahid, accentuating the necessity for such practical skillsets for both individuals and families.

Breaking Records with Interactive Learning

One of the event’s masterpieces was a continuous 24-hour financial literacy livestream on TikTok, a collaboration with mySalam and the Malaysian Takaful Association (MTA). Garnering over 3.2 million likes and 12,000 comments, the livestream transcended conventional barriers, making financial knowledge readily accessible and engaging for the youth.

More than Just Money

Reflecting a holistic approach, the KCK also featured the MTA Takaful4All Fun Run. Drawing 570 enthusiastic local participants, the event highlighted the intertwined benefits of financial prudence and physical well-being.

Beyond the Carnival

KCK Tawau concluded a week-long educational tumescence across Sabah, touching hearts and minds in locales such as Lahad Datu, Kunak, and Semporna. FEN’s guided teachings on budgeting, insurance, and consumer protection were met with valuable community feedback, emphasizing the unique financial challenges confronting these regions today.

A Promising Future

The collaboration and dedication shown during KCK Tawau are promising signs of future strides in financial literacy. “We continue our commitment to inclusive and continuous financial empowerment for every Malaysian,” closed Zahid on an optimistic note.

Established as a collaborative inter-agency effort since November 2016, FEN’s dedication has only grown stronger, with contributions from key organizations such as the Ministry of Education, the Securities Commission Malaysia, and more. As stated in Borneo Post, this commitment aims to further impact assessments, boost literacy levels, and address financial intricacies within communities effectively.