Employers be forewarned! The proposed Employment Insurance Scheme (EIS) will be implemented soon pending final approval by the government. The proposal is contentious although the purpose is valid — to provide temporary financial assistance and opportunities for reskilling and upskilling retrenched workers.
A policy change that came into effect on the first day of this year required employers to pay the foreign worker levy. This would have triggered a sharp hike in the cost of doing business.
The end of the year is a time to reflect on the challenges faced and achievements made in the past year and to remind ourselves that all may not be so rosy next year.
ONE of the main pillars of the construction industry are the carpenters, bricklayers and masons and the guilds that represent them. These skilled unsung heroes (in nation building) are grouped under the United Malaysia Contractors Association (UMCA) umbrella, which is almost a century old. With a nationwide membership of over 6,000, their interests are looked after by 19 state-level kin cho hong (tradesmen associations). Only four are affiliate members of the Master Builders Association Malaysia (MBAM).
The Malaysian construction sector has been robust — it grew 7.9% in the first quarter and increased to 8.8% in the second quarter, outperforming other economic sectors.
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