Reuters reveals Malaysia firms turn down orders as migrant labour shortage hits

Human Interest

Reuters reported that Malaysian companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens the country’s economic recovery. Despite lifting a COVID-19 freeze on recruiting foreign workers earlier this February, Malaysia has not seen a significant return of migrant workers due to slow government approvals and protracted negotiations with Indonesia and Bangladesh over worker protections.

Article Tags

Topics of Interest: Human Interest

Type: Reuters Best

Sectors: Business & Finance

Regions: Asia

Countries: Malaysia

Win Types: Overall Coverage

Story Types: Human Interest / Feature

Media Types: Text

Customer Impact: Important Regional Story

Source link

Previous Post

Sweden investigating damage to Baltic undersea cable

Next Post

Cricket World Cup 2023: South Africa suffer shock defeat by Netherlands

Leave a Reply

Your email address will not be published. Required fields are marked *