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KUALA LUMPUR: Fewer employers granted salary increases to their employees this year though the quantum of increases were slightly higher, according to the 2019 MEF salary surveys for executives and non-executives.
The Pakatan Harapan government has just completed its first year in office on May 9, but the “New Malaysia” euphoria has started to fade away, faster than expected.
MALAYSIA is set to become a high-income nation by 2023 but struggles to stay on track due to global headwinds, as well as certain structural constraints.
PETALING JAYA: Moderating inflation, after the jump in prices in 2017, may not necessarily mean that Malaysians’ purchasing power will improve as it will depend on how much wages are raised. Consumer sentiments index remains below 100-point threshold
WHAT is lifestyle inflation? Quite simply it’s when you increase your spending when your income level goes up, for instance, each time you get a salary increment. It’s a simple idea that when you make more, you spend more.
PETALING JAYA: Malaysia’s labour market is showing signs of modest recovery in tandem with the improving economic conditions in the country.
Its CEO confirms 3 parties have been shortlisted as potential strategic partner