While the government has initiated several programmes to address this, it remains to be seen if such initiatives will fill the growing gap, or if these multinationals will inject cheaper foreign labour into their operations.
Tag: economy
Govt to strengthen economy with ‘open, transparent and business-friendly’ policies
With strong economic fundamentals, the government is confident in the prospect of sustainable recovery, equitable economic growth and shared prosperity, says International Trade and Industry Senior Minister Datuk Seri Azmin Ali.
12MP: Klang MP questions lack of concrete plans to help poor, marginalised Malaysians hit by Covid-19
Klang MP Charles Santiago says Prime Minister Datuk Seri Ismail Sabri Yaakob has repeatedly espoused the virtues of ‘Keluarga Malaysia’ and ‘Shared Prosperity’ but has not outlined how poor and marginalised Malaysians will benefit from those ideals.
Budget 2022 wish list: Civil service reforms, more development for Sabah, Sarawak, support for SMEs
Experts in various fields outline wish list for Budget 2022, hoping more allocations be set aside to develop Sabah and Sarawak, and to support small and medium enterprises.
Fissures deepen as inequality, made worse by Covid-19, threatens to tear society apart
Prolonged periods of cheap money and tech giants’ unabated power, has global superpowers working to reverse accelerating inequality, writes economic researcher Azizul Amiludin.
‘Total lockdown isn’t only option’ as govt decides tomorrow
Policymakers hope to convince Prime Minister Tan Sri Muhyiddin Yassin during National Security Council meeting tomorrow that lockdown isn’t the only option. Also in our news round-up today, Pakatan Harapan calls for private hospitals to be allowed to vaccinate paying customers.
Covid-19 not stopping Burger King Malaysia from expanding
Burger King Malaysia says the growing trend towards healthier eating, availability of strategic business sites among factors for the company to expand despite on-going Covid-19 battle.
Budget 2021 must be for all, not just certain groups, says economist Ramon Navaratnam
Asian Strategy and Leadership Institute’s (Asli) Centre for Public Policy Studies chairman Tan Sri Dr Ramon Navaratnam says while Budget 2021 will not be an easy one, the government must have the will to introduce policies that provide equal opportunities to all Malaysians.
Decision makers missing the point in promoting Taiping
State-level National Day parade among activities lined up in historical Taiping but locals need more than just events to boost economy and lure youngsters to stay put.