Page 28 - கூட்டமைப்பு ஆஃப் மலேசியன் உற்பத்தியாளர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Malaysian employers need to come to terms with the government’s decision to wean the country off cheap foreign labour, which has depressed wages here. Yet, businesses cannot be expected to suddenly operate without them, which was why it was no surprise that the government rescinded the controversial directive in July to freeze the hiring of foreign labour, except for the agriculture, construction and plantation sectors. The need to strike the right balance is why policymakers should seriously consider the proposal to raise foreign worker levy on a staggered and tiered basis towards achieving the country’s development goal. At a webinar last week, Federation of Malaysian Manufacturers (FMM) past president Tan Sri Yong Poh Kon proposed that Malaysia look to the Singapore model, where companies with more foreign workers as a percentage of their respective total workforce pay a higher levy for each foreign worker hired. The rates are also raised every year to gradually steer employe

Federation of malaysian manufacturersMalaysian manufacturersTan sri yong poh konகூட்டமைப்பு ஆஃப் மலேசியன் உற்பத்தியாளர்கள்மலேசியன் உற்பத்தியாளர்கள்பழுப்பு ஸ்ரீ யோங் போ கோன்