Malaysia targets 35 percent of workforce being skilled workers by 2020

Malaysia will need to raise the ratio of skilled workers to 35 percent of its workforce in order to attain the status of a developed nation by 2020
Malaysia targets 35 percent of workforce being skilled workers by 2020 ảnh 1Deputy Minister of Human Resources Ismail Abd Muttalib (Source :themalaysiantimes)

Kuala Lumpur (VNA) – Malaysia will need to raise the ratio of skilled workers to 35 percent of its workforce in order to attain the status of a developed nation by 2020, said Deputy Minister of Human Resources Ismail Abd Muttalib.

Speaking at the Parliament meeting on November 30, the Deputy Minister said that currently only 28 percent of the 14.3 million workers in the country are skilled workers.

He added that the country does not want foreign workers to take the vacancies that could be filled by local workers. The recruitment of foreign workers is only open to five sectors which are less attractive to local workers, namely construction, agriculture, forestry, production and services.

A representative from the Pan-Malaysian Islamic Party (PAS), Nasrudin Hassan said the number of foreign workers in Malaysia has increased remarkably, which had resulted in a cash outflow of 28 billion Malaysian ringgit (RM) (nearly 9 billion USD) in 2014.

According to the Malaysian Trades Union Congress (MTUC), about seven million foreign workers were working in the country as of June 2015, but only 2.2 million of them were legal workers.-VNA

VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.