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 .
Illegal immigrants in Malaysia can soon work legally in the country
The programme, implemented by the Malaysian government, will run from Nov 16 to June 30, and will be applicable for sectors such as construction.
Malaysia’s GDP falls 2.7% in 3Q, marking a softer decline from Q2’s plunge
The country’s net exports showed a strong rebound of 21.9% over the quarter.
60% of SMEs in Malaysia reported having no sales over initial lockdown period
Cash flow disruptions were cited by SMEs as the main challenge.
Malaysia: Work from home or work from hotel?
Malaysia’s Movement Control Order (MCO or PKP) has given rise to an alternative for the WFH acronym – work from hotel.
Job mismatch rate among Malaysian graduates more than doubled
Malaysian graduates are either unemployed six months after completing their studies, or are taking jobs they are overskilled for.
Retrenched Malindo Airways staff assured of benefits
The Malaysian government has assured the 2,647 retrenched staff of Malindo Airlines that they will receive due compensation and retraining.
Malaysian government commits to creating 500,000 new jobs
The country’s Budget 2021 will also allocate RM$2 billion (US$582 million) for hiring incentives as Malaysia continues its economic recovery.
Special Task Force committee set up to help Malaysian workers in Singapore
The economic impact of the COVID-19 pandemic has affected the jobs of many Malaysians working in Singapore.
What does WFH really mean in Malaysia?
The Malaysian Employers Federation has called for more clarity on the government’s work-from-home (WFH) directive.
Malaysia employees who work from home must be paid in full
Employees who are required to work from home during the conditional movement control order (CMCO) must be paid their full salaries.
SMEs in Malaysia receive financial incentive to go digital
SMEs can receive up to a maximum of RM$5,000 to support their investment in digitisation, as Malaysia looks to speed up digital transformation.
Malaysia firms in “red zones” urged to work from home
In a bid to curb a further outbreak of COVID-19, companies in the “red zones” are urged to allow employees to work from home.
Partial lockdown implemented across Malaysian states
The reimposing of the conditional movement control order will curb a number of activities in states such as Kuala Lumpur and Selangor.
New measures provide more financial flexibility for SMEs in Malaysia
New measures announced by the Malaysian government will help preserve more jobs, says the SME Association of Malaysia.
Positive signs for Malaysia as unemployment rate falls
Malaysia saw an improvement in its unemployment rate after the progressive reopening of economic sectors in May.
5G technology expected to create 39,000 jobs in Malaysia
The deployment of 5G would contribute up to RM12.7 billion between 2021 and 2025 to the Malaysia’s economy.
Malaysia continues to put in place movement restrictions
The Recovery Movement Control Order (RMCO), which had been slated to end on August 31, will now be extended to the end of 2020.
Malaysian businesses urged to accelerate digital transformation
As of January 31, 2020, a total of 276, 176 entities are registered with the Companies Commission of Malaysia as online businesses.
Malaysia launches redeployment initiative for laid-off workers
The human resources ministry in Malaysia is working to reduce cases of local and foreign workers losing their jobs through the redeployment initiative
Malaysia’s labour productivity plunges for Q2 2020
This is in line with a 17.1% contraction of the economy in the same quarter, as total hours worked dropped because of COVID-19.
Malaysia posts worst economic performance in more than two decades
Not since the Asian financial crisis of 1998 has the country experienced such a toll on its economy.