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KUALA LUMPUR: For two centuries, all too many discussions about hunger and resource scarcity has been haunted by the ghost of Parson Thomas Malthus. Malthus warned that rising populations would exhaust resources, especially those needed for food production. Exponential population growth would outstrip food output.
KUALA LUMPUR: News reports in the UK about condom manufacturer Karex providing inhumane living conditions for its workers have been exaggerated, says CIMB Equities Research.
KUALA LUMPUR: Beginning Jan 1, 2019, the minimum contribution of employees and employers to the Employees Provident Fund (EPF) will be aligned with the Minimum Wages Order (Amendment) 2018 of RM1,100 for both Peninsular Malaysia, and Sabah and Sarawak.
SHANGHAI/HONG KONG: Chinese private education stocks sank on Friday after Beijing moved to tighten the reins on the early education sector, citing child safety issues that have hit some firms over the last year and saying that others were making too much profit.
TWO of Malaysia’s top planters have raised concerns over Malaysia’s long-standing oil palm-related issues such as stagnating yields, skilled worker woes and low interest in value-added downstream activities, as well as the urgent need to address the negative perception on palm oil in the world markets.
SYDNEY: Australia’s jobless rate dipped to the lowest level in six years in July and full-time jobs jumped, a solid result that supported hopes for an eventual revival in long-lagging wages growth.
WHEN the Baumruk brothers started making simple machinery parts in their garage after the communist regime collapsed in Czechoslova-kia, they could rely on one crucial ingredient: cheap labour. Their employees were willing to do manual work for a fraction of the salaries Germans were making across the border.