According to economist Carmelo Ferlito, digital bank licences will allow corporations to facilitate microfinancing, which involves smaller loans with fewer constraints than regular bank loans.

Under the Disaster Relief Facility 2022, Bank Negara Malaysia has announced the availability of RM200 million in financing aid for micro, small, and medium enterprises (MSMEs) affected by the recent floods.

After two years of facing the global Covid-19 crisis, which has hammered economies around the world, Malaysia will be on the road to recovery in 2022.

Gender equality in Malaysia’s workplaces remains a challenge. Fuziah Salleh, a Kuantan MP, confessed that the country is still trailing behind in this area and expressed hope that policymakers will take action.

Several banks have indicated that they will assist customers whose homes have been flooded due to the recent severe rains including Maybank, Ambank Group, and Bank Islam Malaysia Bhd (BIMB).

Following the slower demand for labour during the Covid-19 outbreak, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said that most companies retained their staff by paying lower salaries.

Applications for the extension of Temporary Employment Visit Pass (PLKS) for undocumented migrants under the Rehiring Programme will open starting December 20.

The Malaysian Employers Federation stated that the EPF should not implement any more withdrawal schemes from its savings before its members reach their retirement age of 60 to ensure they have enough savings. 

Lembaga Tabung Haji recently launched THiJARI Biz, an application that allows employers to contribute to their employees' pilgrimage fund on a monthly basis via wage deduction.

According to the Malaysian Employers Federation's Salary Survey for Executives and Non-Executives 2021, more employers are giving salary increases to their employees in 2021 than in 2020, hinting at a positive business recovery in the nation.