An economist said the government should not subsidise the RM1,500 minimum wage for SMEs that are unable to pay the sum as it will stifle productivity.

UOB Malaysia partners up with Liberty Insurance to offer the first automated insurance procurement for SMEs in Malaysia.

According to the 2022 Apac Workforce Insights report, about 64% of organisations in Malaysia use contract employees when experiencing a labour shortage.

SME Corp Malaysia CEO Rizal Nainy said the number of micro, small and medium enterprises has decreased by 7.3% from 2020 until July 2021.

The Human Resource Development Corp (HRD Corp) has partnered with the Higher Education Ministry (MoHE) to roll out Malaysia's first micro-credential initiative.

Human Resources Minister, Datuk Seri M Saravanan said some employment sectors will be given flexibility when the RM1,500 minimum wage rate law comes into effect on May 1

The pandemic has led local SMEs to understand the importance of digital marketing. As a result, jobs such as content creators have become sought after.

Human Resources Minister Datuk Seri M. Saravanan said that Malaysians would rather become food delivery drivers and earn more cash than join the 3D industries.

The nation's unemployment rate declined in February 2022 to 4.1%, or 671,800 people, compared to January’s 680,400.

The problem of labour shortage proceeds to affect business productivity and recovery, which could lead to layoffs as companies try to minimise operation losses.