Malaysian SMEs oppose 4-day workweek

A four-day work week is not practical as Malaysia is currently facing low productivity and labor problems, businesses argue.

This view was voiced by Ding Hong Sing, President, SME Association of Malaysia, who said fewer work hours in Malaysia will result in less output and subsequently higher prices in the market as companies still need to cover their fixed costs.

“For example, if you make 100,000 products in one week when you shorten the working days, it will become 80,000. But we still need to pay salaries and rent so we will need to raise prices to cover the cost and this will affect the overall economy, ”he said.

Ding further clarified that Malaysia is currently facing a labor shortage as more than one million foreign workers have gone back to their home countries following the movement control order.

He added that as a developing country, the level of automation has not yet reached that of countries which have implemented the four-day work week system.

READ: Malaysia debates Bill that would ease trade union formation

“Countries that have implemented this system are advanced and their production is automated. As a developed country, they will source out to Asean countries to purchase products that are not automated. The proposal is good, but Malaysia cannot survive if we were to implement this, ”he said, according to The Star.

Source link


Iran launches rocket into space as nuclear talks to resume

Placeholder while article actions load TEHRAN, Iran – Iranian state television said Sunday that Tehran had launched a solid-fueled rocket into space, drawing a rebuke from Washington ahead of the expected resumption of stalled talks over Tehran’s tattered nuclear deal with world powers. It’s unclear when or where the rocket was launched, but the announcement […]

Read More

Ukraine: Russia strikes Kyiv as troops consolidate in east

KYIV, Ukraine – Russia attacked the Ukrainian capital early Sunday, striking at least two residential buildings, the mayor of Kyiv said, as elsewhere Russian troops fought to consolidate their gains in the country’s east. Associated Press journalists in Kyiv saw rescue services battling flames and rescuing civilians. The general prosecutor’s office said preliminary information indicated […]

Read More

As Senate-confirmed justices end Roe, how will voters react? ‘The rights of women and all Americans are on the ballot this November’

As Senate-confirmed justices end Roe, how will voters react? ‘The rights of women and all Americans are on the ballot this November’ | Fortune You need to enable JavaScript to view this site. Source link

Read More