KUALA LUMPUR, June 29 — The Malaysian Employers Federation (MEF) said many businesses will go under should the living wage in urban cities be set at RM2,700 per month. MEF executive director Datuk Shamsuddin Bardan said wage increments must be in line with employees’ productivity and level of professionalism. “If you want to increase productivity, […]
Read MoreKUALA LUMPUR: Malaysia posted a trade surplus of RM10.41bil in May this year, rebounding from a deficit of RM3.63bil in April but overall exports were weaker than expected, the Ministry of International Trade and Industry (MITI) said. It said on Monday the trade surplus was the highest monthly trade surplus for the month of May […]
Read MoreKUALA LUMPUR: Malaysia has called for cohesive economic measures among Asean member states to build socioeconomic resilience in mitigating the impact of Covid-19, said the International Trade and Industry Ministry (Miti). In a statement on the 36th Asean Summit, Miti said Prime Minister Tan Sri Muhyiddin Yassin stressed that leaders, in moving beyond efforts to […]
Read MoreKUALA LUMPUR, June 26 — The concern of whether Malaysia’s fast-aging population would have enough savings to live out their days in retirement could be addressed by having the government fund a “social pension”, such as a RM350 monthly payment to senior citizens in the B40 group, the World Bank has suggested. The World Bank […]
Read MoreKUALA LUMPUR, June 25 — Malaysia could graduate from being a middle-income nation to a high-income country within 10 years’, but would need to carry out six major reforms to do so, including by creating high-paying jobs and having more women join the workforce, the World Bank has said. In its June edition of the […]
Read MorePUTRAJAYA, June 25 — The increase in chicken prices following the implementation of the Festive Season Maximum Price Control Scheme was due to limited supply after demand declined during the movement control order (MCO). Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi said the demand for chicken plunged when business premises, restaurants, hotels, […]
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