Digital transformation key for Malaysia’s economic recovery
Malaysia aims for the digital economy to contribute 22.6% to its gross domestic product and create 500,000 new jobs by 2025.
Malaysia’s civil servants told to get vaccinated or face dismissal
The Public Service Department (JPA) is mandating all medically fit civil servants to get the jab against COVID-19 or face the sack.
Malaysia offers over 275,000 jobs on its public jobs portal
The portal is able to match jobseekers accurately to respective roles, based on their academic qualifications, experience and skills.
Applications for Malaysia’s wage subsidies total RM$12.95 billion
A total of RM$84.2 million has also been channelled to 13,884 businesses in the form of grants and loans for subscriptions to digitalisation services.
Malaysia’s banking industry continues support for borrowers
The Financial Management & Resilience Programme (URUS) has been launched for individual borrowers who continue to be affected by the pandemic.
Malaysian government urged to review minimum wage
The current salary increment rate ranges between 100% and 150%, while the cost of living has increased from 400% to 600%, said a senator.
Malaysia to curate programme to help SMEs with cash flow problems
The most common reasons why SME bank loan applications get rejected are insufficient cash flow, an unviable business, and high levels of debt.
Measures to ease SME cash flow called for in Malaysia’s Budget 2022
Businesses are looking at cash flow continuity and survival, especially in industries hit hard by the pandemic, said the SME Association of Malaysia.
Malaysia has disbursed over RM$330 billion of subsidies
As of September 24, the support packages have benefited some 20 million Malaysians, and 2.4 million businesses.
Malaysia’s wage subsidies saved 2.9 million jobs to date
The allocation of RM18 billion (US$4.3 billion) in wage subsidies has helped 2.9 million workers in the country keep their jobs so far, reports HR minister.
Malaysia houses skills training under Human Resource Ministry
Training programmes should also be focused based on the skills needed in a particular area, said Prime Minister Datuk Seri Ismail Sabri Yaakob.
Malaysia mandates COVID-19 vaccinations for government staff
Malaysia has announced that all medically fit federal government employees must be vaccinated against COVID-19.
Malaysia set to focus on digitalisation of businesses
The government is aiming for all research, development, commercialisation, and innovation initiatives to be aligned with national interests.
Malaysia wants to stop discrimination against unvaccinated staff
Employers have been told not to impose mandatory vaccination requirements on their staff or penalise those who opt not to be vaccinated.
Malaysia’s government programmes create more than 376,000 jobs
More than 376,000 job seekers have successfully been employed through initiatives implemented by the National Employment Council (NEC).
Malaysia’s minimum wage can be raised in phases
The current minimum wage of RM1,200 (US$286) per month can be revised upwards in stages, a former minister has suggested.
Over half of pandemic aid disbursed in Malaysia
51% of the RM490 billion (US$116.93 billion) allocated under the eight pandemic stimulus packages has been disbursed so far.
Malaysia to roll out RM500 million support for SMEs
Commencing from September 21, the disbursement will be rolled out twice, once in September and another in November.
Women’s group in Malaysia calls for 2022 budget to address gender gaps
The government has been urged to address gender gaps exacerbated by the pandemic when formulating next year’s budget.
Malaysia’s 2022 budget should include measures to help SMEs recover
The Malaysian Employers Federation (MEF) has urged help to be provided for SMEs in next year’s budget to enable employers to create more jobs.
Malaysia needs more highly skilled workers for competitive edge
The Science, Technology and Innovation Minister said at least 45% of the workforce needs to be highly skilled for Malaysia to compete on the global stage.
Malaysia to focus on job and income recovery in 2022 budget
The 2022 budget will focus on job and income recovery and provide more targeted assistance to boost socio-economic resilience.
Malaysian SMEs appeal for more staff to be allowed to return to work
Employers are urging the government to allow people who have received their first vaccine dose to get back to work to prevent their businesses from shuttering.
Malaysia’s SME association against GST implementation in 2022
The association warned that SMEs were in their most vulnerable stage and would likely shut down if the economy remained closed.
Factory owners in Malaysia urged to set up workplace vaccination centres
Factory owners who employ foreign workers have been advised to set up their own vaccination centres (PPVs) at their work premises.
Business association urges Malaysia to reopen borders to boost businesses
Samenta also calls on for the exemption of hotel quarantines for business travellers who are fully vaccinated and have tested negative for COVID-19.
Malaysian businesses urged to comply with COVID-19 SOPs
As some sectors of the economy reopen, The Small and Medium Enterprises Association of Malaysia reminds businesses to comply with existing SOPs.
Malaysia’s Sosco fosters partnerships to boost employment
As of July this year, some 150,000 formal workers have lost their jobs, while over 768,700 individuals remain unemployed.
Malaysia mandates fortnightly COVID-19 tests for workers
Employees who need to be present at workplaces must undergo fortnightly RTK Antigen tests approved by the health ministry.
Easing of restrictions would help boost businesses in Malaysia
In 2020, the MSME sector, spanning over 1.15 million businesses, employed 7.3 million people, or almost half of the country’s workforce.