Move to postpone EMC levy welcomed


KUALA LUMPUR: The Cabinet’s decision to postpone the Employer Mandatory Commitment (EMC) levy has been welcomed by bosses although an economist says conti­nuing to be dependent on foreign labour could stunt Malaysia’s growth.

At the same time, Minister in the Prime Minister’s Department Datuk Paul Low said there were plans to amend the Employment (Restriction) Act to increase the penalty of those caught hiring illegals to as high as RM100,000 for every illegal found in their employment.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Levy , ECM

   

Next In Nation

Former IGP Tun Hanif Omar passes away
MULTIMEDIA: FRIM: The Forest That Sprang From Nothing
INTERACTIVE: Get to know Malaysia’s Unesco treasures
Anwar: Claims of Opposition MPs pledging support to me baseless
Pawnshops need help to stay afloat
Addendum order issue under Pardons Board purview, says PM
Many flights grounded, but it’s business as usual in Sarawak
Pawnbrokers provide a lifeline
Drugs worth RM1mil left under tree
A wake-up call for banks

Others Also Read