“Companies in these markets are perceived to be able to provide higher salaries and support healthier work-life initiatives. These markets also have better currency exchange rates, appealing to locally-based talent,” said Randstad in a statement yesterday.
It said incentives from Budget 2020 should help to address the oversupply and financing issues.
Some of the initiatives are just extensions of existing programmes, such as Bank Simpanan Nasional’s Youth Housing Scheme, which has been running since 2005, said Datuk Soam Heng Choon.
Millennials are defined as those who are between 22 and 37 years of age, while Gen Z are aged between four and 24. Here’s a look at some of the things in Budget 2020 that are crafted with them in mind.
The World Bank said in its latest East Asia and Pacific economic update that increased uncertainty could also lead to more subdued business sentiment and moderation in private sector activity.