Guan Eng: Wage incentives under Malaysians@Work initiative will create 350,000 jobs

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Guan Eng: Wage incentives under MalaysiansWork initiative will create 350,000 jobs

Finance Minister Lim Guan Eng said in his Budget 2020 presentation that Bank Negara is proposing a two-phase restructuring plan for the country’s DFIs to form a new financial institution through the merger of Bank Pembangunan Malaysia Bhd, Danajamin Nasional Bhd, SME Bank and Export-Import Bank of Malaysia Bhd to strengthen the development finance ecosystem

"To do that, we have come up with this scheme where we not only incentivise unemployed graduates but also employers to employ these Malaysian workers and graduates. As a start, we know employers cannot pay so high, but if the pay is too low, it is very difficult to motivate Malaysian workers to work. So, we try to bridge that gap - incentivise employers and incentivise the Malaysian workers by giving them the necessary motivations.

He was speaking to the media at a post-budget media conference one day after presenting Budget 2020 in Parliament.

 

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Kerja apa yg 350,000 tu?

mkula Tell us how?

'Tell kids GO to school, GET a Job, WORK hard, SAVE Money and Get OUT of DEBT'🤔

Police find dap link to terrorism. You link with LTTE

Job creation potential for ZeroCoal2030 far out strips this & are mainly skilled jobs. RE cost is now very competitive to coal and is already way cheaper than gas. Better long term solution and better capacity building. Careers...

Give them a fish? instead of using the money to teach them how to fish. Or PH also doesn't know how to fish?

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