Daily HR News 20.11.2024
1. Home minister: Govt allows petrol stations to employ foreign workers for maintenance and convenience shop duties
The Malaysian government has approved allowing petrol stations to hire foreign workers for maintenance and convenience shop duties. However, this change does not increase the foreign worker quota. The new hiring system allows direct employment, bypassing agents. Additionally, the government is considering hiring inmates for work to ease prison overcrowding, focusing on those with lighter offenses. The foreign worker quota freeze remains until 2025
2. Labour Productivity In Malaysia Rises 2.6% In Q3 2024, DOSM Reports
Labour productivity in Malaysia rose by 2.6% in Q3 2024 to RM43.3 per hour, driven by 5.3% economic growth and a 2.7% increase in hours worked. Employment reached 16.7 million, with productivity per person rising 2.4%. The Construction sector saw a significant 20.1% growth in productivity, while Mining and Quarrying declined. Key services like Real Estate and Transportation led sectoral productivity gains. Despite global challenges, Malaysia's labour productivity is expected to grow sustainably.
3. Deputy minister: Govt to enhance i-Lindung, medical plans for M40 as Malaysia nears ageing nation status by 2040
Malaysia is focused on providing affordable healthcare as it nears an ageing population by 2040. Deputy Finance Minister Lim Hui Ying emphasized support for the M40 group, facing rising medical insurance costs. The government plans to enhance the i-Lindung insurance program for EPF members, offering accessible medical protection at affordable rates. This includes life and critical illness coverage, aiming to address financial challenges as Malaysia's population ages