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2 clusters · 6 sources · 3 days · First seen · Last updated

Malaysia employment insurance and talent development

Overview

Malaysia is implementing amendments to the Employment Insurance System (EIS) Act 2017, effective October 1, to enhance labor market support and contributor protections. Key updates include increasing the Early Re-employment Allowance (EBSA) from 25 percent to 50 percent of the remaining Job Search Allowance and raising daily training stipends from RM10 to RM30. A new one-time RM1,000 Mobility Assistance Allowance will also be provided to contributors who relocate more than 100 kilometers for new employment.

In addition to these legislative changes, there is a broader focus on talent development and industry alignment. In Sarawak, officials are promoting programs like SPEAK: Talent Bridge 2030 to connect students with the industrial sector. Experts have emphasized the necessity of shifting toward high-value positions in sectors such as advanced manufacturing and green industry to better match local skills with economic needs.

Entities

Social Security Organisation · Curtin University Malaysia · R. Ramanan · Malaysia · Malaysian Employers Federation

Timeline

  1. [BUSINESS] 4 sources
    Malaysia enhances employment support and talent development initiatives

    Malaysia is introducing a RM1,000 mobility allowance for relocated workers and enhancing EIS benefits, while Sarawak officials push for better alignment between school career guidance and modern industry needs.

  2. [BUSINESS] 2 sources
    Malaysia enhances Employment Insurance System benefits

    Malaysia is enhancing Employment Insurance System (SIP) benefits starting October 1 and offering 50 percent contribution discounts for self-employed individuals via PERKESO initiatives.

Sources

berita.rtm.gov.my · sayangsabah.com.my · theborneopost.com · tvsarawak.my · utusan.com.my · worldofbuzz.com