KUALA LUMPUR, June 3 — Due to the Covid-19 pandemic, job losses in the country has increased by 42 per cent year-on-year for this first quarter (Q1 2020), according to the Social Security Organisation’s (Socso) Employment Insurance System (EIS). In a report titled “Employment Outlook, the 1st Quarter of 2020, Volume 4/2020, The Impact of […]
Read MoreKUALA LUMPUR, June 3 — A recent survey by recruitment company JobStreet has revealed up to 20 per cent of respondents have been retrenched, amid the ongoing Covid-19 pandemic. The survey, conducted in May and involving 5,000 participants, indicated that one in five Malaysians who were previously working have lost their jobs due to Covid-19. […]
Read MoreKUALA LUMPUR, June 3 — JobStreet has found that several industries, including information technology, manufacturing, banking, retail and healthcare continue to show growth and are still hiring during the Covid-19 pandemic, according to its country manager Gan Bock Herm. He expects the growth will remain for some time as companies are looking at how they […]
Read MoreMalaysia’s Etiqa Insurance & Takaful, one of the country’s larger insurance groups, has been granted a business licence by Cambodia’s Ministry of Economy and Finance that allows it to tap into the nascent insurance market of a nation where an estimated 97 percent of the population do not have any form of insurance policy. Etiqa […]
Read MorePUTRAJAYA, June 2 — The Short-Term Economic Recovery Plan for June to December 2020 period will be launched by Prime Minister Tan Sri Muhyiddin Yassin this month, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. Tengku Zafrul said the plan would still focus on three key objectives, namely to empower people, propel businesses, and stimulate the economy. […]
Read MoreBruneians entering Malaysia from June 1 have to pay for the mandatory 14-day hotel quarantine. Non-Malaysians entering the country, including permanent resident pass holders, will have to foot the full cost of hotel accommodation when they are quarantined upon arrival. Malaysians have to pay half of the accommodation with the government subsidising the other half. […]
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