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No Easy Solution To Global Container Shortage | Hellenic Shipping News Worldwide

No Easy Solution To Global Container Shortage The current shortage of containers has resulted in high freight rates for exporters and disrupted many Malaysian businesses that trade globally. This, in turn, has led to calls from the Malaysian National Shippers’ Council (MNSC) for the government to intervene and provide some sort of fiscal relief to exporters in the form of tax incentives and the removal of the cap on total logistics costs for a Market Development Grant. (The grant, capped at 30% of logistics costs, is given by the government to encourage companies to expand their market.) The Federation of Malaysian Manufacturers (FMM) is also urging the government and the port authorities to leverage their relationships with shipping lines to get them to provide more services and capacity to Malaysian ports.

Port klangUnited statesSara alkawariMarket development grantFederation of malaysian manufacturersMalaysian national shipper councilMalaysian employers federationFraunhofer centerMarket developmentMalaysian manufacturersNew yearMaritime logisticsChange container availability indexNorth americaGeneral rate increaseRecovery rate

I miss GST, says Tebrau MP

I miss GST, says Tebrau MP
freemalaysiatoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freemalaysiatoday.com Daily Mail and Mail on Sunday newspapers.

Kuala lumpurA pakatan harapanDewan rakyatSteven choongAbdul rahim bakriWong chenCustoms departmentFederation of malaysian manufacturersPakatan harapanInland revenue boardSales tax actSales taxAhmad maslanMalaysian manufacturersFinance minister abdul rahim bakriகுவாலா லம்பூர்

Foreign labour blunder

Foreign labour blunder Pix for representational purpose only. PETALING JAYA: Two proposals – one to impose new conditions on the recruitment of foreign workers and another to raise the levy on them – have been quickly shot down by stakeholders and experts. Rather than helping to solve the labour problem in Malaysia, they will only increase costs to businesses and even disrupt supply chains, both of which are unaffordable, especially in times of crisis. Malaysia’s over-dependence on foreign labour cannot be overstated. The 3D (dangerous, difficult, dirty) jobs are almost entirely taken up by foreigners given that Malaysians are reluctant to engage in such work, underling the significant role migrant worker play in Malaysia’s economic and infrastructure development.

Malaysia generalEvelyns devadasonDatuk abdul halim mansorDatuk shamsuddin bardanFederation of malaysian manufacturersMalaysian employers federationAdministration in university malayaMalaysian trades union congressMalaysian manufacturersTan sri yong poh konUniversity malayaTan sri soh thian laiமலேசியா ஜநரல்கூட்டமைப்பு ஆஃப் மலேசியன் உற்பத்தியாளர்கள்மலேசியன் முதலாளிகள் கூட்டமைப்புமலேசியன் வர்த்தகம் தொழிற்சங்கம் காங்கிரஸ்

Frankly Speaking: Staggered increase fits the bill

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

FMM hits out at new proposed condition for foreign worker intake

FMM hits out at new proposed condition for foreign worker intake
freemalaysiatoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freemalaysiatoday.com Daily Mail and Mail on Sunday newspapers.

Malaysia generalFederation of malaysian manufacturersMalaysian manufacturersSoh thian laiமலேசியா ஜநரல்கூட்டமைப்பு ஆஃப் மலேசியன் உற்பத்தியாளர்கள்மலேசியன் உற்பத்தியாளர்கள்