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PETALING JAYA: Women graduates earn about RM900 less than their male counterparts, according to a Statistics Malaysia report, highlighting systemic inequalities in the labour market, says the Malaysian Employers Federation (MEF).
PUTRAJAYA: The salary increase of more than 13% for civil servants, expected to be implemented in December this year, is an effort to balance the income gap between those in lower and higher grades, according to Prime Minister Datuk Seri Anwar Ibrahim.
PUTRAJAYA: A policy to promote equitable opportunities in jobs and businesses has been proposed to reduce the income and wealth gap between bumiputra and other communities.
From Dr Saravanan Thambirajah, Chief Executive Officer, Federation of Malaysian Consumers Associations.
KUALA LUMPUR: Women are the foundation of the 'first madrasah' and serve as pillars of strength and resilience for their families, society, and the nation, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
HELSINKI, Dec. 19 (Xinhua) -- The income gap widened in Finland in 2021, Statistics Finland reported on Monday.
KOTA KINABALU: Sabah needs a more accurate and inclusive poverty census to ensure fair aid distribution, says Datuk Seri .Bung Moktar Radin, Census, Poverty, Sabah
HANOI: Vietnam's two biggest cities, HCM City and Hanoi, are among Asia's least affordable cities for homebuyers, Vietnam News cited a report by property consultancy CBRE as saying on Friday (Feb 14).
WASHINGTON: Shareholders of the International Monetary Fund (IMF) agreed last week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva says.
PETALING JAYA: Malaysia’s categorisation of income earners is rather problematic as those in B40, M40 or others are not “fixed” groups in reality, says economist Dr Muhammed Abdul Khalid.
PUTRAJAYA: Speaking up is key to addressing wage inequality in the country and women must take the lead, says Datuk Seri Nancy Shukri.
HANGZHOU, Jan. 28 (Xinhua) -- East China's Zhejiang Province saw a narrower income gap between urban and rural residents following more balanced development during the 13th Five-Year Plan period (2016-2020).
Chinese stocks ended their two-year losing streak in 2024, buoyed by policy support measures introduced since late September.
THE idea of the middle-income trap has long haunted countries striving to reach high-income status.
Inflation, high interest rates and declining real estate values are worsening wealth inequality in Canada, with younger households bearing the brunt of the financial pain.
Global economic growth stabilised at a low level of 2.7 per cent last year and is expected to hold steady in 2025 and 2026, according t World Bank estimates released on Thursday night.
KUALA LUMPUR: Efficient fiscal policies that may include broadening the tax base and enhancing tax administration while ensuring inclusive economic growth are needed to address the income inequality issue in Malaysia, says RHB Investment Bank Bhd (RHB IB).
Treasuries are under pressure in a holiday-shortened session as investors remain wary to park cash in US government debt that matures in a decade or more.
BANGKOK: Legalising casinos in Thailand could generate as much as 120 to 240 billion baht per year in tourism revenue from an additional 5-10% foreign arrivals, the Finance Ministry said on Monday (Jan 13).
We need an economic reset. The success of our 12th Malaysia Plan (2021-2025) and subsequent five-year development plans has become urgently critical to stem our socioeconomic decline.
