Latest News on Retrenchment and News Release on Initiatives by PSMB

19 September 2017
HRDF vows to stamp out corruption
THE Human Resources Development Fund (HRDF) has reaffirmed its vow to curb corruption in the work environment. Represented by its chief executive Datuk C.M. Vignaesvaran Jeyandran, the agency signed a Corruption-Free Pledge with Malaysian Anti-Corruption Commission (MACC) Anti-Corruption Academy deputy commissioner Datuk Idris Zaharudin, witnessed by Human Resources Ministry secretary-general Datuk Seri Adenan Abd Rahman. During the ceremony, 312 senior management and staff members at the HRDF headquarters also declared their pledge.
18 September 2017
Toys 'R' Us Employees In The Dark About Their Future -
KUALA LUMPUR: The fate of Toys ‘R’ Us employees in Malaysia is in limbo as they have not received any notification about change in their employment. Amidst report by Reuters, the toy retailer could file for bankruptcy in the coming weeks. The employees, when contacted by the New Straits Times, said they were not given any notice by their superiors on the corporate development. Store supervisor who wanted to be known as Qeela said she heard rumours among her colleagues but she was not sure. “The rumours about the store closure has been going on for weeks. Since there is no official notice yet, I will continue my work as usual,” she said.
16 September 2017
Petronas denies it plans to lay off 5,000 employees in 2018
Petronas today denied an allegation made by a blogger saying that it planned to terminate 5,000 employees next year in what was claimed as another round of “staff reduction” exercise, group-wide. In a statement, the national oil giant company said it “categorically denied” such an allegation made by blogger Syed Akbar Ali on his OutSyed the Box site.
15 September 2017
HRDF signs corruption-free pledge with MACC - The Sun Daily
KUALA LUMPUR: The Human Resources Development Fund (HRDF), an agency under the Human Resources Ministry (HRM) today signed the Corruption-Free Pledge in line with the government's aspiration to combat corruption in government sectors. Its chief executive Datuk CM Vignaesvaran Jeyandran led the declaration of the pledge before the signing which was witnessed by Malaysian Anti-Corruption Academy director Deputy Commissioner Datuk Idris Zaharudin. CM Vignaesvaran in his opening speech said the event symbolised HRDF's commitment towards its four core values, namely integrity, customer focus, continuous improvement and accountability.
09 September 2017
Making digital their business- The Star
CHECKING our smartphones first thing in the morning has become a habit for many of us. This simple action shows how the digital era has changed the very fabric of society and the way we live, and businesses are no exception. Pointing this out, Eco World Development Group Bhd image: president and chief executive officer Datuk Chang Khim Wah got participants thinking at the Star SMEBiz Think Tank when he delivered his keynote address about value creation in the digital age.
18 August 2017
Career carnival at Tg Aru railway station a hit with job seekers - News Straits Times
KOTA KINABALU: Job seekers flocked to the Tanjung Aru Railway Station here, to search for work at the National Career Journey 2.0 Train Ride Sabah carnival. Dressed in smart-casual attire, they came with relevant documents in envelopes and folders as they browsed through booths set up by companies involved in the career carnival. For Fazirah Mohd Hatta, 23, luck was on her side when she was hired on the spot after underwent an interview with her employer. “I am excited for this opportunity as this is my first job. I graduated with a diploma in business study last year and I had applied for jobs but never received a call,” she said. The Semporna-born lass was offered a front office with RM1,500 basic salary. “This is enough for a start and my employer told me I can start anytime. I look forward to beginning my career and learn as much as I can. It is a new responsibility,” she said.
01 August 2017
HRDF to fund new training programme - The Sun Daily
KUALA LUMPUR: The Human Resource Development Fund (HRDF), which phased out the 1Malaysia Globally Recognised Industry and Professional Certification (1MalaysiaGRIP) programme last year, will be participating in another training and certification programme for which it will provide funding. It has entered into a memorandum of understanding (MoU) with Technology Depository Agency Bhd, an agency under the auspices of the Finance Ministry and Asian Rail Academy to facilitate training and certification programmes for railway employees and fresh graduates.
27 July 2017
279 pekerja Lembaga Koko Malaysia akan kembali berkhidmat
KUALA LUMPUR: Seramai 279 pekerja Lembaga Koko Malaysia (LKM) yang bakal ditamatkan perkhidmatan mereka berkuat kuasa 13 Ogos ini akan kembali berkhidmat dengan Lembaga itu. Menteri Perusahaan Perladangan dan Komoditi, Datuk Seri Mah Siew Keong dalam satu kenyataan hari ini berkata kementerian dan LKM telah mengkaji semula penamatan 279 pekerja itu.
26 July 2017
LKM lantik semula 279 pekerja - Berita Harian
KUALA LUMPUR: Lembaga Koko Malaysia (LKM) melantik semula 279 pekerja sementaranya yang akan ditamatkan tugas bulan depan. Menteri Perusahaan Perladangan dan Komoditi, Datuk Seri Mah Siew Keong, berkata pelantikan semula itu dilakukan selepas kementerian dan LKM mengkaji semula penamatan tugas mereka yang sepatutnya berakhir 13 Ogos depan. "LKM telah melantik semula 93 orang pekerja yang akan mula berkhidmat kembali pada 15 Ogos depan.
24 July 2017
Cuepacs urges Malaysian Cocoa Board to reconsider ‘unusual’ layoff of 281 workers - Malay Mail
KOTA KINABALU, July 24 — The Congress of Unions of Employees in the Public and Civil Services (Cuepacs) is appealing to the government to intervene in the layoff of some 281 Malaysians from the Malaysian Cocoa Board. Its president Datuk Azih Muda said that the mass dismissal of the temporary workers was callous, cruel and an unusual form of practice for a government agency. “It is disappointing that in such economic climate, a government body could be so hard hearted as to issue a month’s termination notice to the temporary workers, some of whom have worked there for 17 years.
24 July 2017
Cuepacs pertikai LKM berhentikan pekerja, mahu kerajaan campur tangan
KOTA KINABALU: Kongres Kesatuan Pekerja-pekerja dalam Perkhidmatan Awam (Cuepacs) hari ini mempertikaikan tindakan Lembaga Koko Malaysia (LKM) memberhentikan hampir separuh daripada pekerjanya serta meminta kerajaan campur tangan. Pengerusinya Datuk Azih Muda berkata tindakan drastik LKM yang mempunyai 730 warga kerja memberhentikan 281 daripadanya tidak masuk akal kerana rata-rata mereka adalah pekerja berkemahiran dalam bidang masing-masing.
21 July 2017
237 staff affected as Tien Wah Press (Malaya) shuts printing business
Tien Wah Press (Malaya) (TWPM), a wholly owned subsidiary of Tien Wah Press Holdings (TWPH), is closing down it’s printing business in Petaling Jaya. A total of 237 employees are expected to be made redundant. In the statutory filing with Bursa Malaysia, yesterday, the board of directors of TWPH said the “proposed cessation” is “in line with the group’s re-organisation of its production footprint which is part of normal routine operational function to improve the group’s strategic positioning to service the customers and reduce operating cost over the longer term.”
19 July 2017
Minister Riot: Malaysia set to hit skilled workforce target by 2020
With slightly less than three years to hit the target of 35% skilled workforce, Human Resources Minister Datuk Richard Riot has expressed his confidence in Malaysia achieving the target by 2020, New Straits Times reports. He added that the country is on the right track in producing the skilled workers in line with country’s vision to achieve a high-income nation status. Speaking to reporters at the launching ‘Labour Market Information Data Warehouse (LMIDW)’ project and a seminar on Labour Market: Trend and Challenges at Mariott Hotel, Riot said: “In 2015, we raised it to 28% and in 2016, the number increased to 31%.”
18 July 2017
Ministry to ensure unemployment rate will not hit 4pct - Malaysia Kini
Its minister Richard Riot Jaem said the country’s unemployment rate currently is at 3.5 percent, up from 3.4 percent last year. “The ministry will ensure the rate will not continue to rise. This is because countries with unemployment rates of four percent and below are considered having full employment.”
12 July 2017
HRDF deal to boost income target - The Star Online
KUALA LUMPUR: About 2.8 million Malaysians will be eligible for up-skill and re-skill training by 2020. This comes with the signing of a Memorandum of Understanding (MoU) between the Human Resources Development Fund (HRDF), an organisation under the Human Resources Ministry, and six employers associations. The MoU will encourage more companies to register with the HRDF for training and help Malaysia reach its target to become a high-income nation.
07 July 2017
These Global Factories In Malaysia Will All Shut Down By The End Of 2017
From the popular Korean BBQ chain Bulgogi Brothers to the Michelin-star-awarded restaurant Tim Ho Wan, the challenging markets appear to spare no one. Many people have begun to ask, "Who is next?" However, it is not just the F&B (food and beverage) businesses that have pulled out of the Malaysian market as quite a number of foreign companies from the different industries such as finance and insurance have exited the country in recent times. By the end of last year, it was reported that the Royal Bank of Scotland (RBS) wind down its business in Malaysia after more than 120 years operating in the country while Manulife Global shut down its technology services department based in Malaysia.
07 July 2017
Union claims HSBC Malaysia forcing staff to leave via VSS
KUALA LUMPUR, July 7 — HSBC Malaysia is allegedly forcing its employees here to leave the bank through the Voluntary Separation Scheme (VSS) despite the scheme's voluntary nature, National Union of Bank Employees (NUBE) has claimed. NUBE general secretary J. Solomon claimed that HSBC employees affected by the VSS scheme come from the "senior lowest-income group" and that they are replaced at the same time by new hires.
07 July 2017
Microsoft’s overhaul will affect Malaysia, says source
PETALING JAYA: Microsoft’s plans to reorganise its company will likely affect Malaysia as well, says a source familiar with the matter. “They’ve been talking about this since last year,” the source said. “I don’t know how many employees exactly will be affected in the region, globally or in Malaysia, but it is expected to be more than 2,000.” The source said the plan to reorganise had been in Microsoft’s annual 10-K report last year, adding that it was normal for Microsoft to optimise its resources from time to time. The 10-K report is an annual filing that publicly traded companies in the US are required to send to the Securities and Exchange Commission.
04 July 2017
Group wants job insurance to also cover workers who quit or are fired - Malay mail Online
KUALA LUMPUR, July 4 ― Putrajaya’s proposed Employment Insurance System (EIS) should be extended to included workers who resign or are terminated, said a think-tank. Political Studies for Change (KPRU), in a policy paper on EIS, said the scheme’s protection should go beyond retrenched workers only, as this would allow the programme to promote social mobility among lower income groups. “With these, we would like to suggest that those who resigned or voluntarily retrenched, as well as some of those who were fired, should be considered for EIS protection on a case-by-case basis,” KPRU said in its policy paper, which was released by its executive director Ooi Heng.
04 July 2017
Employment Insurance system for productivity - New Straits Times
THE Employment Insurance System (EIS), to be implemented next year, is said to benefit about 6.5 million local employees (current count) in the private sector. However, one hears concerns among many quarters. Among the questions frequently asked include: why do we need EIS when Malaysia has retrenchment benefits and the Human Resources Development Fund (HRDF)? EIS will add to the cost of doing business and be an added burden to the workers. Is this the right time to introduce labour market reform when our economy is challenged on many fronts? Why fix it if it ain’t broken? As a backdrop, several years ago, a group of wise individuals were assembled to diagnose the economy that experienced a step-down in the growth trajectory post the 1997 Asian Financial Crisis (AFC).