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4,749 workers might be retrenched |
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Datuk Dr S Subramaniam, the Minister of Human Resources said that some 4,749 workers who are mainly employed by 137 employers in the electronics industry will be retrenched in the coming 3 months.
He said “My ministry on its part will ensure that the workers get the compensation due to them from the companies. Under the Employment Act’s Employment (Termination And Lay-off Benefits) Regulations, workers would be compensated a part of their salary for each year of work. For workers who have been with a company for two years or less, compensation would be 10 days of salary per year of work. For those between two and five years, it would be 15 days of salary per year and for those above five years, it would be 20 days of salary per year.
So far, we have not held dialogues with these workers but we will be contacting them soon and setting up counselling sessions for them. When a company is facing losses, we cannot force them to keep people. However, we will ensure the retrenchment is done fairly for the workers. Employers that do not follow this can be fined up to RM10,000,” - Minister
Looks like there even will be more retrenchment as the world economy have not shown any sign for recovery. And probably in the next 3 or 5 years from now there will be more people are looking for jobs. While the jobs are becoming scarce. The new fresh graduates have to fight with senior to grab job opportunities. Where experience will always win.
Don't worry, this is the right time for us to start our own business. More likely, an online business that will help you to live through this turbulent years.
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Friendster Receives Patent on Compatibility Scoring |
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MOUNTAIN VIEW, Calif., Dec. 9 /PRNewswire/ -- Friendster, Inc., a top 20 global website based on traffic and the #1 social network in Asia, today announced that the U.S. Patent and Trademark Office has awarded the social networking pioneer a new U.S. Patent, titled "Compatibility Scoring of Users in a Social Network" (U.S. Patent No. 7,451,161). Friendster has been granted four patents since July 2006, validating the company's early and continuous innovation in online social networking.
Friendster's latest patent, granted on November 11, 2008, describes a unique methodology used to calculate compatibility based on expressed interests between users of a social network. This includes scoring the compatibility between two members of a social network based on their interests and scoring the correlation between two interests for a given member of a social network.
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How to Install your website |
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This video demonstrate how easy to install your website after you sign up with our membership package.
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Read more...
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Alhamdulilah, after a very heavy testing, TwendeLine is now officially launched and open for registration.
For people who are not familiar with the meaning of twendeline. The word derived from Swahili (African Language). Twende means Let's go and line is the short form for Online
It's been a busy week for our Technical Team, doing full
testing and checkup, checking for any bugs, error and so on. Now we are proud to
bring you the world class services, support and products.
We are passionate to bring more benefits for our honored members and future clients. We are looking forward to bring more and more services.
We are now ready to serve you.
Let's Get Online! |
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Malaysia Internet Subscribers to Double by 2012 |
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January 30, 2007 KUALA LUMPUR,
Malaysia -- The number of the Internet subscribers in Malaysia is expected to
reach the 10 million mark in the next five years according to Telekom Malaysia
(TM) Bhd General Manager of Strategic Development Division, Dr Fadhlullah
Suhaimi Abdul Malek. His statement is based on the growing trend of Internet
users in the last three years as Malaysia moved towards advanced information,
communications and multimedia services.
In 2004 the number of subscribers was 2.9 million, in 2005 it increased to
3.5 million subscribers, and in 2006 the number of subscribers in Malaysia
was close to five million. This is an encouraging growing trend, and most of
the Internet subscribers were eyeing for high speed broadband infrastructure.
Regarding the number of fraud cases involving Internet transactions are
relatively small and Malaysia has sufficient laws to deal with such fraud cases.
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