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Sim: Malaysia's labour market faces significant challenges posed by three paradoxes

Sim: Malaysia's labour market faces significant challenges posed by three paradoxes

Steven Sim says the first paradox is the low median wage, which does not align with the country's low unemployment rate.
Mon Jan 20 2025
Why the labour market is evolving and how employers are adapting

Why the labour market is evolving and how employers are adapting

As AI and technology advance, skills like cognitive abilities, ethics, and technology-related expertise will either gain or lose importance.
Tue Jan 14 2025
Ringgit opens lower against US dollar in early trade

Ringgit opens lower against US dollar in early trade

Dr Mohd Afzanizam Abdul Rashid says the US labour market remains resilient, with the latest non-farm payroll data exceeding expectations.
Mon Jan 13 2025
Migrant Repatriation Program: Socio-Economic Impacts

Migrant Repatriation Program: Socio-Economic Impacts

Malaysia's current Migrant Repatriation Program (PRM), initiated on 1st March 2024 to manage the return of undocumented foreign workers, has seen significant activity since its launch.

The voluntary repatriation program expires on 31st December 2024, after which undocumented migrants will face fines or prison.

NIAGA SPOTLIGHT discusses socio-economic impacts on the labour market while balancing humane management of migrant labour across sectors such as construction, agriculture, manufacturing, domestic work as well as informal labour.
Fri Dec 27 2024
MADANI transformation policies ensure people's wellbeing, address cost of living issues

MADANI transformation policies ensure people's wellbeing, address cost of living issues

The minimum wage and salary improvements are the government's efforts to reform the labour market and increase workers' income, says PM.
Thu Dec 19 2024
Consider This: EPF for Migrant Workers (Part 2) — Ensuring A Fair Share For All

Consider This: EPF for Migrant Workers (Part 2) — Ensuring A Fair Share For All

To mark International Migrants Day on the 18th of December, today we reflect on the millions of workers who have left their homes and families to cross borders in search of better opportunities. In Budget 2025 the Malaysian government unveiled a bold proposal to extend mandatory EPF contributions to non-citizen workers. The move is seen as a step forward in improving worker welfare and aligning Malaysia closer to international labour standards. But for business owners, the measure raises red flags about increased costs and potential economic impacts. On this episode of #ConsiderThis Melisa Idris speaks with Professor Niaz Asadullah, Southeast Asia Lead of the Global Labour Organisation.
Wed Dec 18 2024
Bank Negara Malaysia keeps OPR unchanged at 3.00 pct

Bank Negara Malaysia keeps OPR unchanged at 3.00 pct

Bank Negara Malaysia said the global economy continues to expand amid resilient labour markets and continued recovery in global trade.
Thu Jul 11 2024
Bank Negara Malaysia keeps OPR unchanged at 3.0%

Bank Negara Malaysia keeps OPR unchanged at 3.0%

The central bank said the global economy continues to expand amid resilient labour markets in some countries and recovery in global trade.
Thu May 09 2024
Malaysia joins 15 nations in tech-driven labour market talks at 7th Abu Dhabi Dialogue

Malaysia joins 15 nations in tech-driven labour market talks at 7th Abu Dhabi Dialogue

The dialogue focused on leveraging technology for innovative initiatives, regulating labour markets and enhancing worker protections.
Mon Feb 12 2024
Govt never decided to raise retirement age to 65 - MCMC

Govt never decided to raise retirement age to 65 - MCMC

It was only the views of a professor and not an official statement by the government, the MCMC said.
Wed Aug 23 2023
[COLUMNIST] PH-BN and PN: Tug of war in Kedah

[COLUMNIST] PH-BN and PN: "Tug of war" in Kedah

Rising labour market insecurity, young migration, and poverty are among the growing issues facing Kedah.
Fri Aug 11 2023
Job market expected to strengthen further in 2023, 2024

Job market expected to strengthen further in 2023, 2024

Malaysia's labour market is expected to strengthen further in 2023 and 2024, backed by the positive impetuses in the domestic economy, MIDF Research said.
Thu Aug 10 2023
About a quarter of jobs expected to change in next five years - World Economic Forum

About a quarter of jobs expected to change in next five years - World Economic Forum

Advancing technology adoption and increasing digitisation will cause labour market churn, with an overall net positive in job creation.
Mon May 01 2023
World Bank: Malaysia's economic growth to moderate at 4.3 per cent this year

World Bank: Malaysia's economic growth to moderate at 4.3 per cent this year

The economic growth is supported by improvements in labour market conditions as well as ongoing income support measures from the govt.
Fri Mar 31 2023
World population at 8 billion humans and still growing

World population at 8 billion humans and still growing

This global graying will have an impact on labour markets and national pension systems while requiring much more elderly care.
Tue Nov 08 2022
Who are the Israeli hostages released by Hamas on Sunday?

Who are the Israeli hostages released by Hamas on Sunday?

Israel confirms names of three women after they were handed over to Israeli military in Gaza by the International Committee of Red Cross.
Mon Jan 20 2025
More than 200,000 KTMB train tickets allocated for CNY snapped up - Loke

More than 200,000 KTMB train tickets allocated for CNY snapped up - Loke

KTMB says 210,000 of the 270,000 train tickets allocated in conjunction with the Chinese New Year season have been sold.
Mon Jan 20 2025
Facebook, TikTok, WhatsApp, Telegram are online platforms preferred by scammers - Fahmi

Facebook, TikTok, WhatsApp, Telegram are online platforms preferred by scammers - Fahmi

Fahmi Fadzil says the losses from scams and fraud committed on these platforms easily reached hundreds of millions of ringgit.
Mon Jan 20 2025
Man executed for causing heavy casualties in south China car-ramming case

Man executed for causing heavy casualties in south China car-ramming case

Fan Weiqiu was convicted ramming his car into the crowd at a sports centre in November last year, causing heavy casualties.
Mon Jan 20 2025
Gov't not rushing to achieve developed nation status - Rafizi

Gov't not rushing to achieve developed nation status - Rafizi

Rafizi Ramli says the country is now in a good position, attracting foreign investors and being seen as a strategic gateway to ASEAN.
Mon Jan 20 2025
South Korea's Yoon shuns questioning as security tightened after court rampage

South Korea's Yoon shuns questioning as security tightened after court rampage

Authorities says security was being beefed up at the Seoul Detention Centre where Yoon Suk-Yeol is being held as a pre-trial inmate.
Mon Jan 20 2025
Triumphant Trump returns to White House, launching new era of upheaval

Triumphant Trump returns to White House, launching new era of upheaval

Donald Trump is the first US president since the 19th century to win a second term after losing the White House.
Mon Jan 20 2025
Sim: Malaysia's labour market faces significant challenges posed by three paradoxes

Sim: Malaysia's labour market faces significant challenges posed by three paradoxes

Steven Sim says the first paradox is the low median wage, which does not align with the country's low unemployment rate.
Mon Jan 20 2025
Mugshot, khaki uniform and solitary cell for South Korea's detained President Yoon

Mugshot, khaki uniform and solitary cell for South Korea's detained President Yoon

Here's some facts about the facility and what is expected to unfold for the former prosecutor-turned-president.
Mon Jan 20 2025
Trump says to repeal Biden's multiple executive orders within hours of inauguration

Trump says to repeal Biden's multiple executive orders within hours of inauguration

Trump says the executive orders he is about to sign includes border security, energy, federal government spending, TikTok, DEI programmes.
Mon Jan 20 2025