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Malaysia targets 500,000 jobs opportunities by year-end with MOF and MOHR's help: PM Ismail humanresourcesonline.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from humanresourcesonline.net Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: MCA has presented its proposal to sharpen several aspects of the National Recovery Plan (NRP). The proposals were presented to Finance Minister Tengku Datuk Seri Zafrul Aziz by MCA secretary-general Datuk Chong Sin Woon, MCA deputy secretary-general Dr Pamela Yong and MCA spokesperson Chan Quin Er in a meeting yesterday. “In working towards an inclusive economy based on the principles of shared prosperity, recovery efforts should be calibrated to those who need it most,” said the party in a statement after the meeting, where the MCA delegation managed to have a meaningful conversation with the Finance Minister and his team on topics pertaining to national recovery strategies. ....
MCA proposes 'Marshall Plan' towards an inclusive economy thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Center for Market Education Sdn Bhd chief executive officer Carmelo Ferlito (pic) says the reliance on cheap labour is not the main problem. WHILE the wage-to-gross domestic product (GDP) ratio of many advanced economies has been declining over the years, Malaysia is still playing catch-up despite seeing steady growth since 2005. According to a 2019 paper by the International Labour Organisation (ILO), globally, the share of national income going to workers is falling, from 53.7% in 2004 to 51.4% in 2017. Comparatively, the contribution of compensation of employees to Malaysia’s GDP increased to 35.9% in 2019 against 35.8% in 2018, according to the Statistics Department. According to the Asian Development Bank Institute, the steady increase can be attributed to the growing importance of more traditional service sub-sectors and small and medium enterprises in the economy. ....
Pemulih: RM3.8bil allocated under Wage Subsidy Programme 4.0 benefitting 2.5 million employees, says Socso thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.