Mastercard launches data and services hub in Kuala Lumpur
Mastercard has inaugurated its new Data and Services (D&S) Hub in Kuala Lumpur, Malaysia, to serve clients across the Asia Pacific region with offerings beyond transactions. The hub aims to foster talent in data science, product development, and payments consulting. Mastercard’s D&S experts work globally with nearly 4,000 clients in over 120 countries, providing solutions […]
Malaysia’s Human Resources Ministry to draft new minimum wage implementation method
Human Resources Minister V. Sivakumar announced at the 2023 Labour Day celebration in Putrajaya that the Ministry of Human Resources (MoHR) will develop a new method to implement minimum wage in Malaysia. Sivakumar described the current monthly minimum wage of RM1,500 as relatively low and emphasized the need for employers to match wages with employees’ […]
Malaysian employers focus on skills and financial well-being over regional peers
Malaysian employers are prioritising skills and financial well-being more than their regional and global counterparts, according to a Mercer study. In Malaysia, 63% of surveyed companies provide flexible working options for all employees, significantly higher than the 50% in Asia and 56% globally. Furthermore, 35% of Malaysian employers adjust pay or offer cost-of-living adjustments to […]
Fresh graduates require at least six months of training: Malaysian manufacturers
The president of Malaysia’s Federation of Manufacturers (FMM) Tan Sri Soh Thian Lai, has warned that many fresh graduates require between six and 12 months of training due to skills mismatches with applied jobs. Despite having 1,250 technical and vocational education and training institutes across Malaysia, outdated training equipment is leading to inadequately prepared graduates, […]
Singapore and Malaysia workers least satisfied with DEI efforts in SEA
A recent study by Milieu Insight revealed that employees in Singapore and Malaysia are among the least satisfied in Southeast Asia with their company’s efforts to promote workplace diversity, equity, and inclusion (DEI). The survey, conducted in March 2023, polled 500 working professionals and business owners aged 20-64 across six Southeast Asian countries. Only 49% […]
Malaysia’s unemployment rate drops to 3.5% in February
Malaysia’s unemployment rate declined to 3.5% in February 2023, an improvement from 3.6% in the previous months, signalling a stable labour market recovery. According to the Department of Statistics Malaysia, the number of unemployed individuals decreased to 591,900 from 596,100 in January. All economic sectors reported increased hiring, with the services sector leading the growth. […]
Malaysia tackles youth workforce skills mismatch with various initiatives
Malaysia’s Ministry of Human Resources (MOHR) has implemented several initiatives to address the increasing skills mismatch among the country’s youth workforce, particularly women. The MYFutureJobs portal has been introduced for better job matching, while Pertubuhan Keselamatan Sosial (PERKESO) collaborates with multiple ministries and agencies to enhance job opportunities. Furthermore, regular career and job carnivals are […]
Malaysia extends paid maternity leave to 98 days
Malaysia has recently increased compulsory paid maternity leave from 60 to 98 days, aiming to draw women back into the workforce. The amended Employment Act 2022, which took effect in January, was celebrated by labour and women’s rights groups, but raised concerns among some employers about the potential for increased operating costs. The Malaysian Employers […]
Malaysia becoming a regional hub for Chinese business
Several leading Chinese companies have chosen Malaysia as their regional hub, Prime Minister Datuk Seri Anwar Ibrahim has revealed. This follows on from a recent diplomatic visit to China, where discussions led to investment commitments of MYR 170 billion (USD 38 billion) and the signing of 19 memorandums of understanding between Chinese and Malaysian companies. […]
Getting to know: Ng Kel Mynn, People and Culture Manager of Verdant Solar
Name: Ng Kel Mynn Job Title: People & Culture Manager Company: Verdant Solar Sdn Bhd Years in the role: two years Location: Petaling Jaya, Malaysia Family status: Married, hoping to have a kid soon Academic background: Bachelor’s Degree, Electronics Engineering, Corporate background: Quality Assurance Executive then became Transformation Consultant at Telekom Malaysia, Project Management & […]
