SMEs in Malaysia expect long road to economic recovery
Less than 20% of SMEs expect their business to recover within the next three months, a new survey has revealed.
SMEs in Malaysia need more help to recover from COVID-19
Without an extension of a loan moratorium, many SMEs are at risk of closing down, warned the Federation of Malaysian Manufacturers.
Nearly 65,000 lost jobs this year: Malaysia HR Minister
The Malaysian government has taken steps to help displaced workers find employment by introducing a hiring incentive and training assistance programme.
Malaysia’s unemployment rate highest in over 30 years
Despite the record unemployment rate, there are signs of economic recovery in the Southeast Asian country.
87% of Malaysians feel they are not skilled enough to stay employed
More than half of them also believe that their employers’ existing training and re-skilling programmes are not adequate.
Case Study: The immeasurable currency of culture
Does culture ultimately translate to organisations’ bottom line and their push towards digitalisation? We take a look at a case study on the banking industry.
Malaysians positive about impact of automation on jobs
Despite the optimism, there are still concerns among Malaysian workers that automation is putting their jobs at risk.
Malaysia’s wage subsidy programme saved 2.4 million jobs
Despite the jobs saved, Malaysia’s unemployment rate is expected to increase in the coming months due to the impact of the COVID-19 pandemic.
7 in 10 workers in Malaysia, Thailand uncomfortable returning to workplace
Employees said they will only be comfortable going back to their offices if a treatment or vaccine is found, according to a survey.
Asia-Pacific businesses kickstart COVID-19 recovery
10 million small businesses across Asia-Pacific will participate in Visa’s global programme designed to meet demand for cashless payments.
COVID-19 pushes businesses to change IT priorities
Businesses in South-east Asia, Australia and Newland are prioritising improving ICT and security resilience for business continuity plans.
Over half of millennials in Malaysia plan to quit jobs to start businesses
Their top reason for doing so is that being an entrepreneur would give them more opportunities, according to a Randstad survey.
Malaysian workforce calls for WFH to continue
A new KPMG survey indicates that 69% of workers in Malaysia want to continue working from home post MCO.
Malaysia’s MCO moves into recovery phase
Under the recovery phase, the majority of business activities and economic sectors will reopen in phases, with SOPs to be adhered to.
Most Malaysian workers have returned to work
As of May 17, more than 65% of Malaysia’s workforce have returned to work, according to Malaysia’s finance minister.
1 in 5 Malaysians out of job due to COVID-19
A JobStreet survey also revealed that 35% have suffered a pay cut of more than 30% during the ‘Movement Control Order’ period.
Malaysia employers to provide accommodation for foreign workers
Employers in Malaysia will be given a three-month grace period to make arrangements before enforcement starts on September 1.
Swingvy launches in Taiwan and launches new payroll product
The Samsung-backed HR Tech startup now serves over 8,000 clients across Taiwan, Singapore and Malaysia, and plans to continue its expansion into the Asia-Pacific region.
Malaysia raises Employment Retention Programme budget to RM240 million
The programme will help support more Malaysian businesses and protect jobs that are affected by the COVID-19 pandemic.
Employers urged to offer work flexibility as Malaysia prepares to reopen
Malaysia Prime Minister Tan Sri Muhyiddin Yassin has asked employers to allow flexible work arrangements and staggered hours for their employees.
More than 30,000 Malaysian employees seek wage subsidies
Introduced on April 1, the Wage Subsidy Scheme is an extension of Malaysia’s employment retention programme announced in the Economic Stimulus Package 2020 on March 16.
Malaysia designates COVID-19 as occupational disease
Employees who are infected with COVID-19 due to direct exposure to the disease from their nature of work can now claim for compensation.
Malaysia announces RM250 billion stimulus package
The stimulus package will help cushion the impact of the COVID-19 outbreak for workers, businesses and the health industry.
Malaysia goes into temporary lockdown
From March 18 to March 31, travel to and from Malaysia will be prohibited, while all non-essential businesses and services will be shuttered.
Malaysia slashes minimum EPF employee contribution rate to 7%
The Malaysian government has reduced the minimum employee contribution rate for the Employees’ Provident Fund (EPF) from 11% to 7%.
HR excellence in Malaysia recognised at MIHRM Awards
Organisations in Malaysia were awarded and recognised for their excellence in HR practices at the MIHRM Malaysia-International HR Awards.
Employers in Asia expecting modest salary increase
Amidst the economic slowdown and uncertainties, employers in Asia are planning modest salary increases for their employees.
Half of employees in Malaysia looking to jump ship
Economic and job market uncertainties have not deterred Malaysian workers from looking for new jobs, according to the latest Hays Asia Salary Guide report.
Asia has highest level of Employee Engagement
Asia has the highest level of employee engagement globally as three of its countries took up top three spots in the Employee Engagement Score.
Asia lags behind in Global Talent Competitiveness
Singapore is the sole Asian nation in the top 10 of the 2020 Global Talent Competitiveness Index (GTCI) launched by INSEAD.