Suspension of 80:20 foreign worker employment ratio extended, says ministry

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...

Melaka private sector not required to observe additional public holiday on Aug 26

MELAKA: The private sector in Melaka is not required to observe the additional public holiday this Monday (Aug 26) to celebrate the 75th birthday of the Melaka Yang di-Pertua Negeri. In a statement issued on Thursday evening (Aug 22), the Peninsular Malaysia Labour Department (JTKSM) said the additional public holiday is optional and not mandatory for...

Anwar to announce key strategies to uplift M’sia’s semiconductor sector, says Tengku Zafrul

KUALA LUMPUR: Tengku Datuk Seri Zafrul Abdul Aziz announced on Tuesday (May 28) that new key initiatives will be unveiled to enhance the global footprint of Malaysia's semiconductor sector. The Investment, Trade, and Industry Minister said Prime Minister Datuk Seri Anwar Ibrahim will make the announcement on Tuesday afternoon at SemiCon South-East Asia 2024. "It will be...