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News
Labour productivity in Malaysia rose 5.5% to RM46.5 per hour in Q2 2026: DOSM
23+ hour, 42+ min ago (429+ words) Labour productivity in Malaysia continued its upward momentum in the second quarter of 2026, with value added per hour worked growing 5.5% year-on-year, an increase from 4.8% in the first quarter, according to the latest report from the Department of Statistics Malaysia (DOSM)....
Beyond pay and perks: 10 learnings on building a more strategic total rewards strategy
1+ day, 7+ hour ago (1605+ words) As employee expectations evolve, healthcare costs rise and organisations compete for increasingly specialised skills, the role of total rewards is changing. It is no longer enough for rewards teams to benchmark salaries, manage benefits, and deliver annual reward cycles. Increasingly,…...
Malaysia Budget 2027 sets sights on prioritising high-value jobs, decent wages, and cost-of-living relief
3+ day, 14+ min ago (963+ words) Malaysia’s Budget 2027 will look to place people-centred growth at its core, with a tightened focus on attracting investments that create high-value jobs, raising workers’ incomes and protections, and helping households manage persistent cost-of-living pressures. While all 10 areas will shape the…...
GLICs in Malaysia more than tripled domestic direct investment in 2025, extending living wage to nearly 190,000
1+ day, 6+ hour ago (412+ words) The Ministry of Finance (MOF) recently launched its 2026 GEAR-uP Report Card, the first full-year report of the Government-linked Enterprises Activation and Reform Programme (GEAR-uP). According to the report, in 2025, the Government-Linked Investment Companies (GLICs) committed and deployed RM20.3bn in domestic direct…...
Putrajaya records lowest state-level unemployment rate in Malaysia in Q2 2026
1+ week, 2+ day ago (418+ words) Malaysia’s unemployment rate rose slightly to 3.0% in Q2 2026, up from 2.9% in Q1, as the number of unemployed people increased to 509,700. As a whole, the labour force grew by 0.3% to 17.28mn, while employment rose by 0.2% to 16.77mn, according to the Department of Statistics Malaysia (DOSM)....
Singapore upgrades 2026 GDP growth forecast to "4.5-5.5%", citing stronger AI-related demand
2+ week, 8+ hour ago (619+ words) Singapore has upgraded its 2026 GDP growth forecast to "4.5 to 5.5%", up from the previous forecast of "2.0 to 4.0%", following better-than-expected economic performance in the first half of the year. The Ministry of Trade and Industry (MTI) said on 11 August 2026 that the upgrade…...
Malaysia’s economy saw 5.8% growth in Q2 2026
2+ week, 2+ day ago (843+ words) Malaysia's economy gathered pace in the second quarter of 2026, expanding by 5.8% – up from 5.4% in the previous quarter. According to the latest Malaysia Economic Statistics Review (MESR), Volume 7/2026 released by the Department of Statistics Malaysia (DOSM), overall,the economy grew 5.6% in…...
Up the ranks: Laura Parkes takes on LVMH’s Chief People Officer role for South & Southeast Asia
4+ week, 8+ hour ago (314+ words) Laura Parkes (pictured above) will soon take on one of LVMH’s key regional people leadership roles this September, moving on from Louis Vuitton to become Chief People Officer for LVMH South & Southeast Asia. Starting on 14 September 2026, Parkes will report to…...
Malaysia's MSMEs outgrew the national economy in 2025, accounting for nearly 40% of GDP
3+ week, 2+ day ago (631+ words) Malaysia's micro, small and medium enterprises (MSMEs) continued to strengthen their role as a key driver of the nation's economy in 2025, recording 5.7% GDP growth, outpacing Malaysia's overall GDP growth of 5.2%. This is according to the Department of Statistics Malaysia's (DOSM)…...
Kemin’s new Singapore facility to support more than 140 employees and regional talent growth
3+ week, 2+ day ago (327+ words) Global ingredient manufacturer Kemin Industries has broken ground on its new Kuriosity Centre at its Asia Pacific regional headquarters in Singapore. The development will occupy 5,880sqm and have a proposed gross floor area of around 9,685sqm. A covered bridge will link the…...