KUALA LUMPUR (July 13): The Federation of Malaysian Manufacturers (FMM) said the country's minimum wage (MW) should not increase immediately to RM1,500 but spread over a five-year period with the first increase in 2019. This is to help employers cope with higher manpower cost.
The FMM said in a statement today that the government should honour its election promise to share the increase in MW with employers.
Last August, the firm merged with 58 Suyun, a leading intra-city logistics company in Mainland China, and increased presence to over 300 cities Hong Kong-headquartered mobile-based logistics platform Gogovan announced today that it has raised US$250 million in the first phase of its new round of funding, led by US-based VC firm InnoVision Capital. Alibaba’s […]
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