Malaysia’s unemployment rate rises to 4.8% in June
The unemployment rate rose month-on-month to 4.8% in June, according to the Department of Statistics Malaysia (DOSM).
Reopening of Malaysian businesses depends on risk of COVID-19 infection
Malaysia’s National Security Council is expected to announce the reopening of business sectors on the week of August 9.,
Malaysia creates 320,000 jobs through dedicated jobs programme
To help people find jobs, the government has allocated RM2 billion (US$0.47 billion) under the PenjanaKerjaya programme.
Malaysian fresh grads urged to gain new skills to boost employability
Fresh graduates and first-time job seekers need to brace themselves for stiff competition amid the economic downturn caused by the pandemic.
Malaysian Employers Federation seeks to be part of reopening stakeholders
The Malaysian government aims to fully reopen the economy by October earliest, based around recommendations by the National Recovery Council.
SMEs in Malaysia incurred RM$40.7 billion loss in 2020
Some 580,000 businesses, representing 49% of the SME sector, are at risk of failing by October this year if they are not allowed to open up operations by then.
Malaysia proposes enhanced SOPs for reopening of small businesses
Under the proposal, business owners and workers will have to be fully vaccinated and undergo a weekly COVID-19 swab test.
A continuous learning culture at Maxis key to a future-ready workforce
Maxis explains how it is actively playing a role in building talent for Malaysia, particularly in the key areas of digitalisation and emerging technologies.
Malaysian businesses urged to embrace workplace safety and health
Employers are also advised to set up a dedicated safety department at the workplace and appoint a safety office at the work site.
Malaysia doles out additional RM$500 aid to small businesses
The payout will be on top of the RM$1,000 assistance which was credited to the companies’ bank accounts in mid-June this year.
SOPs should still apply to fully vaccinated workers in Malaysia
The Malaysian Employers Federation also proposed the set up of a platform to record, monitor and report adverse events related to the COVID-19 vaccinations.
Malaysia allocates RM$3.8 billion to extension of wage subsidy scheme
The programme is to be implemented for four months from August 1st, and would be open to all economic sectors in the first two months.
Malaysian business and trade groups warn of looming mass unemployment
The alliance urged the government to change its strategy as very little improvement has been made with regards to the COVID-19 case daily tally.
Malaysian employers to be penalised for flouting pandemic measures
The Malaysian Employers Federation (MEF) has called on the government to penalise businesses not following measures for pandemic control.
Malaysia approves RM$1.3 billion in wage subsidies
The funds have been channelled to 75,262 employers, allowing them to maintain employment of 659,066 workers.
Malaysia’s central bank allocates additional RM$4 billion loan facility
The facility aims to provide relief and support the recovery of SMEs in the services sector, and brings the total allocation to RM$6 billion.
Malaysian employees make complaints about WFH neglect
The government’s guidelines stipulate that only 60% of employees in selected sectors can report to the office.
Malaysia unveils additional stimulus of RM$150 billion
Some RM$500 million would be allocated to the unemployed, benefiting around 1 million recipients who will each receive RM$500.
Two in three SMEs in Malaysia pessimistic on recovery for 2021
A survey revealed that only 16% of SMEs expect their businesses to recover only in 2023, citing movement restrictions as dampening business demand.
Malaysia provides assistance to workers and employers
The Ministry of Human Resources has urged workers and employers affected by the pandemic to apply for benefits under the Employment Insurance System.
Malaysia remains committed to ensuring business continuity
The government still has a balance of RM$6 billion for its wage subsidy programme, which can guarantee wage payments for 2.7 million workers.
Malaysia turns to e-payrolls to streamline business operations
The digital system will be able to automate and combine various payroll, compensation and deduction functions into one simple application.
Malaysian employers group calls for coordinated COVID-19 enforcement
Enforcement authorities create more confusion, instead of allowing employers to focus on carrying out their duties, said the MEF president.
Malaysia manufacturers union call for additional COVID-19 stimulus
This follows after the nation extended its movement control order (MCO) 3.0 for another two weeks from June 15 to June 28.
Malaysian Employers Federation calls for assistance for small businesses
The employers’ group has urged the government to provide a moratorium on compulsory contributions to tide small businesses through tough times.
Malaysia’s SME Association urges decisive measures to tackle pandemic
It proposed a one-month state of emergency where all economic activities are halted, while essential services continue to operate at 50% capacity.
Malaysian companies must shoulder additional costs for vaccination
Companies participating in the programme that sees their employees vaccinated need to pay for the additional costs involved.
Malaysia’s central bank gets soft loans approved for SMEs
Bank Negara Malaysia has facilitated around RM12.06 billion (US$2.9 billion) worth of soft loans for SMEs which have been approved by local banks.
Malaysia’s unemployment rate falls to 4.6% in April
The number of unemployed persons in April totalled 742,700 persons, falling by 0.1 percentage point or 10,500 persons month-on-month.
Malaysian employers cannot force non-essential service workers to office
Staff are encouraged to report incidents where their workplace exceeds the 60% capacity, or they are asked to work despite the need for quarantine.