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Malaysian Employers to Get Wage Subsidies to Encourage Retention

HERE’S more information on the wage subsidy programme announced by Prime Minister Tan Sri Muhyiddin Yassin as part of several initiatives through the Prihatin Rakyat Economic Stimulus package to help those affected by the Covid-19 outbreak. As reported by The Star Online, under the programme to encourage employee retention, a subsidy of RM600 is channelled […]

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April 8, 20203:14 pm
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Majority of Freshgrads in China Hunt Jobs Online Amid the Outbreak

A recent survey by China Youth Daily found that 92.2 percent of recent graduates in China have applied for jobs through online recruitment services amid the coronavirus outbreak. Fan Ting, a recent graduate majoring in computer science in Nanjing, capital of eastern China’s Jiangsu Province, sent out dozens of resumes online and attended written tests […]

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April 8, 202010:11 am
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Manpower Ministry: Employers Have to Support All Workers and Communicate Work Arrangements Clearly

Employers have to support their workers – both local and foreign – even as they adjust to the closure of most workplaces for four weeks, Manpower Minister Josephine Teo told Parliament on Monday (Apr 6). She urged employers to communicate clearly with their workers on work and pay arrangements as measures to stem the spread […]

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April 7, 202012:40 pm
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Jobs Hampered Worldwide as Coronavirus Outbreak Triggers Global Recession

BLOOMBERG – The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week. With International Monetary Fund Managing Director Kristalina Georgieva warning of a “crisis like no other,” the cuts from Austria to the U.S. reflect the […]

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April 6, 20206:33 pm
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New Solidarity Budget: Firms Get 75% Wage Subsidies in April

All firms in Singapore will receive a subsidy of 75 percent of gross monthly wages, for the first S$4,600 of wages paid in April 2020 for each local employee. This comes as the Jobs Support Scheme (JSS) was further enhanced under the new Solidarity Budget, announced by Deputy Prime Minister and Finance Minister Heng Swee […]

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April 6, 20204:59 pm
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Ministry Lists Employment ‘Dos and Don’ts’ During Malaysia’s Lockdown

Malaysia’s Human Resources Ministry has listed some ‘dos and donts’ for employers and employees following the extension of the movement control order (MCO) between April 1 to 14. Here are responses to some of the most frequently asked questions, compiled by The Star Online. 1. Does an employer have to pay wages during the 14-day […]

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April 3, 20206:31 pm
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The Cost of Covid-19 Crisis to Manufacturing Industry Across Asia

Factory activity contracted sharply across most of Asia in March as the coronavirus pandemic paralyzed economic activity across the globe, with sharp falls in export power-houses Japan and South Korea overshadowing a modest improvement in China. Manufacturing gauges also tumbled in Indonesia, Vietnam and the Philippines, Purchasing Managers’ Index (PMI) surveys showed on Wednesday, underscoring […]

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April 2, 20204:30 pm
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Singapore Govt to Issue Fines Against Companies that Don’t Allow Employees Telecommute ‘Where Possible’

Even as the volume of commuters on public transport during peak hours has dropped by about 30 percent, the Government will be stepping up measures to get companies to implement telecommuting where possible, with penalties to be meted out to those that do not, the authorities said on Tuesday (March 31). Speaking during a briefing […]

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April 1, 20205:10 pm
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Singapore to Help Malaysian Workers Affected by Covid-19: MOM

The Singapore government is assisting retrenched workers including Malaysians whose employers’ businesses have been badly hit by the COVID-19 situation, according to the Ministry of Manpower (MOM). Minister Josephine Teo said the ministry is able to help link the affected workers up with prospective employers who are looking to fill vacancies and have shortages, Bernama reports. Speaking […]

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April 1, 20204:37 pm
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Economic Impact of Covid-19: 2.4 Million Jobs in Malaysia at Risk

The economic impact of Covid-19 and the movement control order (MCO) is expected to shrink Malaysia’s real gross domestic product (GDP) growth to -2.9 percent for 2020, relative to 2019, says the Malaysian Institute of Economic Research (MIER). In a statement on Tuesday (Mar 24), MIER proposed that the government pledge an additional RM75bil to […]

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March 31, 20202:14 pm