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The impact of workforce shortages and manual workflows on construction finance

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A new report has revealed significant challenges facing construction finance teams across Australia and New Zealand, with talent shortages, outdated systems, and manual processes...

Foreign workers in Malaysia set to receive EPF contribution

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The mandatory Employees Provident Fund (EPF) contribution rate for foreign workers has been set at two per cent, Malaysia Prime Minister Datuk Seri Anwar...

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Malaysia strengthens SME workers’ safety training ahead of ASEAN summit

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Malaysia’s Ministry of Human Resources (KESUMA) will kick off a workplace safety training programme next month where workers from small and midsize enterprises (SMEs)...

Cathay Pacific to cut profit-share payout to staff by around 50%

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It was reported that Cathay Pacific Airways Ltd is planning to slash its profit share payout to its workers by almost 50%. The Hong Kong...
 

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Economic recovery is losing steam, new ILO report says

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A newly-released report from the International Labour Organization (ILO) showed that the global economy is slowing down, making it harder for labour markets to...

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Foreign workers in Malaysia remit up to RM70b annually

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The Malaysian Employers Federation (MEF) estimated that foreign workers in the country remitted up to RM70 billion a year. MEF said the amount is...

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