Malaysia: Reskilling workers better strategy than wage subsidies
The government’s strategy to mitigate the effects of the pandemic should be to upskill or reskill workers instead of continuing to pay wage subsidies.
Malaysian MPs: Provide 6 months’ automatic loan moratorium
Twenty-five MPs have appealed to the government to implement six months of automatic loan moratorium to save jobs.
Malaysia steps up delivery of Permai package
The Social Security Organisation (Socso) has committed to the quick implementation of the Permai financial package.
Malaysia rolls out RM15 billion economic package
Initiatives include a one-off monetary assistance for taxi and bus drivers, and a special three-month electric bills discount for six business sectors.
Malaysian unions urge government to prevent retrenchments as MCO starts
The Malaysian Trades Union Congress had previously proposed emergency employment laws to be enacted to prevent businesses from retrenching workers.
Some Malaysian employers cover up status of staff infected by COVID-19
Fearing that their businesses will not be able to operate at full capacity, some employers remained silent about staff testing positive for the virus.
Malaysia requires employers to provide quarantine centres for foreign workers
Employers will also be responsible for medical costs and ensuring the welfare of their foreign workers.
Funding from FDI to create high-skilled jobs in Malaysia
The government is partnering international venture capital fund managers to create jobs, said Malaysia’s finance minister.
Malaysia sees more protection for workers’ rights take effect in January
Employers or employees may now be represented by any person of their choice, excluding lawyers, during dispute processes.
IMF projects full recovery for Vietnam, Indonesia and Malaysia in 2021
Out of the six leading economies in Southeast Asia, three countries are expected to expand in 2021, while others will struggle to recover.
All foreign workers In Malaysia must be screened for COVID-19 starting Jan 1
The order would see all foreign workers spanning all sectors to undergo mandatory screening.
Malaysia disburses RM$12.6 billion in wage subsidies
The nation’s hiring incentive and training assistance programme has also helped 106,443 employees secure employment.
Malaysia’s high-tech SMEs to benefit from central bank’s RM$1 billion facility
Eligible SMEs under the programme can obtain financing of up to RM$1 million for working capital.
Malaysia’s wage subsidies total RM$15 billion as at end-October
The nation’s wage subsidy programme aims to help businesses affected by the COVID-19 pandemic to sustain companies and lower retrenchment.
Malaysia’s machinery & equipment sector urged to adopt digitisation
The country’s machinery and equipment (M&E) sector, which accounts for 85% of local SMEs, needs to adopt digital solutions to stay competitive.
Malaysia aims for 25,000 SMEs to go digital in two years
The country has rolled out a dedicated delivery service programme, subsidising costs for delivery bags and uniforms for delivery workers.
Laid-off workers insured under Socso re-employed in Malaysia
Out of 100,000 employees insured under Socso who have been laid off, about 31% or 30,977 have found new jobs.
Malaysia maintains WFH order in Putrajaya
Those in the management and supervisory posts in conditional movement control order (MCO) areas have been told to continue working from home.
Country should raise minimum wage, says the Malaysian Trades Union Congress
An increase in the retirement age instead, would affect new jobseekers, says MTUC.
Malaysia: New govt portal to provide seamless business registration
Prime minister Tan Sri Muhyiddin Yassin has launched MalaysiaBiz – a one-stop government portal that aims to streamline the setting up of businesses.
Malaysia aims to train new generation of tech leaders
PM Tan Sri Muhyiddin Yassin said the country’s technology-based agencies and companies must be headed by leaders who are technical professionals.
SMEs can now apply for financing of up to RM$500,000: Malaysia’s central bank
The financing will have a tenure of up to 7 years, and a repayment moratorium of at least 6 months.
Malaysia imposes mandatory Covid-19 screening for foreign workers
From December 1, the HR Ministry will carry out targeted COVID-19 screening for foreign workers in zones with a high occurrence of cases.
Malaysia’s dedicated jobs programme has helped 120,000 jobseekers
Over 500,000 vacancies have been posted on the national jobs platform, with more than 400,000 job seekers visiting the site every day.
Malaysia to improve foreign worker recruitment policies
The country’s Public Accounts Committee (PAC) has recommended that the Home Ministry (KDN) and HR Ministry (KSM) jointly set up an integrated system.
More training needed to foster productive employment: Malaysia’s Economy Minister
Malaysia has transitioned into an ageing society, where 7% or more of the population are aged 65 and above.
Malaysia launches “green travel bubble” scheme
The Ministry of Tourism, Arts and Culture (Motac) has launched a “green travel bubble” to resuscitate the local tourism industry.
CHRO Online Malaysia: Redefining leadership in a transformed workplace
Over 120 CHROs attended CHRO Online Malaysia, which highlighted the key priorities facing HR and business leaders in 2021.
2,713 SMEs closed in Malaysia since MCO implemented
HR Minister Datuk Seri M Saravanan told Parliament that 2,713 SMEs have closed down from March to October this year.
CHRO Online Malaysia examines leadership priorities in 2021
Thought leaders like Jason Averbook and Josh Bersin will join speakers from ADP and Microsoft in discussing some of the key challenges facing leaders .