Malaysia’s unemployment rate continue to rise up to 5.3%
Msia’s unemployment rate rises to 5.3pct KUALA LUMPUR: Malaysia’s unemployment rate rose to 5.3 per cent in May this year compared to 5 per cent the month before. Human Resource Minister Datuk M Saravanan said among the worst-hit sectors were tourism as well as manufacturing and services. Also badly affected, he said, were the self-employed, […]
Guide for SMEs – COVID – 19
In February 2020, the Malaysian government issued an emergency stimulus package worth RM3.3 billion to counter the economic impact of the coronavirus (COVID-19) outbreak for SMEs. The government also allocated additional RM10bil to help support SMEs as of today. Here are some of the key takeaways; Restructuring and rescheduling of loans Apply for Bank Loan […]
How to apply for Bantuan Prihatin Nasional (BPN)
The Malaysian Government has released its guidelines and information on application for Bantuan Prihatin Nasional. (BPN). Before this, the Government has stated that Employers are not allowed to cut the pay of employees or force them to take annual leave, or even dismiss them without adhering to the employment contract during the movement control order […]