KUALA LUMPUR: The Investment, Trade and Industry Ministry (Miti) has announced that the suspension of the 80:20 employment ratio requirement for the manufacturing sector will continue until the Multi-Tiered Levy Mechanism (MTLM) is fully implemented. The 80:20 policy refers to the employment condition that mandates a ratio of 80% local workers and 20% foreign workers in...
KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.0 in April from 48.4 in March, indicating a softer downturn in the country's manufacturing sector. "The latest PMI data suggests that GDP growth is running at a slightly improved rate than that seen at the end of 2023, as well...
KOTA KINABALU: Sabah has done well in attracting domestic and foreign investments with some RM10.2bil recorded from January to September this year, says Datuk Seri Hajiji Noor. The Chief Minister said these investments had created 891 jobs through 99 projects. He said this represented 13 projects from the manufacturing sector, seven from the primary sector (mining, plantation...
