Day: September 25, 2024

PUTRAJAYA, More than 400 employers have appealed to the Home Ministry (KDN) to extend the payment period for registering foreign workers under the Manpower Recalibration Programme (RTK) 2.0. Syah Putra Marwan, a representative of the employers, said the closure of RTK 2.0 without any prior notice has affected employers’ efforts to comply with the law by regularising undocumented migrants in the country as legal foreign workers. “This (closure of RTK) will make it difficult for sectors that heavily rely on foreign workers, such as construction, plantation, manufacturing and services,” he told the media at a peaceful assembly attended by nearly

SEREMBAN, The Syariah Lawyers Association of Malaysia (PGSM)’s readiness to assist victims rescued from charity homes linked to GISB Holdings Sdn Bhd (GISBH) is seen as the right move to safeguard their future. Deputy Minister in the Prime Minister’s Department (Religious Affairs) Dr Zulkifli Hasan said comprehensive rehabilitation efforts would be undertaken for the victims, covering faith, education, economic and welfare aspects. ‘Our priority now is to resolve this issue, ensure justice for the victims and bring the perpetrators to court,’ he told reporters after officiating at the 8th International Conference on Human Sustainability here today. He also urged all

NEW YORK, LRN Corporation, the leader in ethics and compliance (EandC) solutions that enable organizations to inspire principled performance, today announces the introduction of LRN Catalyst Supplier, a specialized solution for clients to deliver their Code of Conduct and EandC training to suppliers, and measure and track engagement. Catalyst Supplier will provide legal, risk and compliance leaders with solutions to mitigate supply chain risks in the face of changing regulatory standards such as the Corporate Sustainability Due Diligence Directive, which is coming into force in the EU in 2028, or the Economic Crime and Corporate Transparency Act in the UK,

Datuk Seri Najib Tun Razak told the High Court here today that SRC International Sdn Bhd’s former chief executive officer Nik Faisal Ariff Kamil was not his link to the company, contrary to claims made by its former directors Tan Sri Ismee Ismail and Datuk Suboh Md Yassin. Najib, 71, said there was no reason for him to direct the SRC board of directors (BOD) through Nik Faisal, as SRC was merely one of many companies under the Minister of Finance Incorporated (MOF Inc) managing national interest-related projects at that time. “I was not in any position to micro-manage any

KUALA LUMPUR, Malaysia’s accumulated fixed asset investment, or gross capital stock (GKS), grew 3.0 per cent year-on-year (y-o-y) to RM5.60 trillion in 2023, the Department of Statistics Malaysia (DoSM) said. Simultaneously, net capital stock (NKS), which represents the wealth of Malaysia’s economy, reached a value of RM3.50 trillion last year. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the NKS continued to grow at 2.9 per cent in 2023 as against 2.4 per cent in the previous year. ‘This NKS expansion was supported by better growth across all sectors except for Agriculture, which grew at a slower pace of