Thursday, January 29, 2009

50% salary for 8 months for the unemployed...M'sia should follow Thailand in this

Even more for those who lose their jobs - this is something that Malaysia should put in place to help people.

Malaysia seem to be more interested in helping companies and big businesses - not so much the individual persons.

See also earlier post, entitled If you lose your job, SOCSO pays you for 6 months maximum in Thailand

The cabinet agreed to extend the unemployment compensation period for laid-off workers from six months to eight months, Deputy Government Spokesman Phutthipong Punnakan said on Wednesday.

Previously, laid-off workers were to be paid for six months or 180 days, as proposed by the Ministry of Labour. However, the government decided to extend it to eight months or 240 days after knowing that about 51,000 people were discharged in December last year.

The cabinet also endorsed a 120-million-baht budget for the Office of the Permanent Secretary to organise workshops to enhance the competencies of people without jobs, according to Deputy Government Spokesman Phutthipong Punnakan.

Furthermore, the government approved a supplementary budget of 1.955 billion baht for more than 990,000 people who have registered for the Universal Health Insurance project.

Another 607-million-baht was also approved to buy back farmlands, which were previously auctioned, for 1,187 farmers. 1,140 of those farmers had their lands seized by financial institutions and banks. However, each piece of land must not cost more than 2.5 million baht. - Bangkok Post, 29/1/2009, Unemployment payment extended

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