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KUALA LUMPUR: Malaysia’s unemployment rate increased further to 5.3% in May to record 826,1000 unemployed persons, the Department of Statistics Malaysia (DOSM) reported on Tuesday.
THE government needed to provide immediate help to the people and improve the economy instead of waiting for Parliament’s nod to do so in light of the Covid-19 pandemic, says Prime Minister Tan Sri Muhyiddin Yassin.
Figure is almost double the official jobless level
KUALA LUMPUR: As the Dewan Rakyat convenes for its first full sitting since the Perikatan Nasional government came into power in March, all eyes are on Parliament for what is expected to be a heated session Monday (July 13).
KUALA LUMPUR: Affin Hwang Capital Research is maintaining its neutral rating on the plantation sector, with Ta Ann as its top pick.
ALTERNATIVE data has been a buzzword on Wall Street for years. Never has demand been greater than during the coronavirus era
KUALA LUMPUR: The higher the rate of unemployment, the higher the level of non-performing loans (NPLs). That is the simplest hypothesis to explain the hike in NPLs especially in times of crises.
WASHINGTON (Reuters) - Democratic House Speaker Nancy Pelosi said on Sunday she believes U.S. lawmakers can find a compromise on extending jobless benefits and unemployment insurance for Americans struggling amid coronavirus pandemic shutdowns.