KUALA LUMPUR: The ringgit slid by 110 basis points against the US dollar today as cautious sentiment prevailed after the announcement of Malaysia’s first quarter of 2021 (Q1 2021) gross domestic product (GDP) results earlier, coupled with the surging Covid-19 cases and the nationwide Movement Control Order (MCO) 3.0. At 6 pm, the local note […]
Read MoreSINGAPORE – Applications for travel on compassionate grounds between Singapore and Malaysia are now open, a week before the formal system of allowing such movement launches. From Monday (May 10), people from either country can apply for cross-border travel to visit family members for emergency reasons such as death or critical illness. Only two visitors per case […]
Read MoreKUALA LUMPUR: A survey by LinkedIn has identified 15 top companies in Malaysia which have continued to hire new employees despite the ongoing pandemic that has severely affected business activities. According to GKK Consultants Sdn Bhd, the poll by the social networking website for business professionals revealed that more than 45,000 jobs are currently waiting […]
Read MorePETALING JAYA: Malaysia’s labour force situation improved in March as the number of people employed rose by 0.2% or 34,300 persons to 16.08 million from 16.05 million in February. The Statistics Department said yesterday there was a higher labour force participation rate (LFPR) at 68.6% (February 2021: 68.5%). “During the month, the number of employed […]
Read MoreMALAYSIA’S first-quarter growth may not have been hit that hard by reimposed movement curbs at the start of the year, and the latest restrictions look to be relatively forgiving as well, said economists this week. Barclays economist Brian Tan said: “Our Q1 estimate suggests the economic recovery continued despite the imposition of the so-called Movement […]
Read MoreKUALA LUMPUR: Malaysia’s labour force situation improved in March as the number of people employed increased in the services, manufacturing and construction sectors, the first time after 11 months. The Statistics Department said on Friday the number of people employed rose by 0.2% or 34,300 persons to 16.08 million from 16.05 million in February. There […]
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