Business News
YY Circle Malaysia to expand retail promoter workforce to 600, eyes US$14 mil revenue
YY Circle Malaysia aims to grow its workforce from 120 to 600 promoters as it targets US$14 million revenue in 2026.
Category: Jobs
Artificial Intelligence
Block Data Analyst Laid Off. Says AI Automating His Work, Cost Him His Job!
Block analyst Ivan Ureña-Valdes laid off amid AI-driven cuts, reflecting growing automation pressures and uncertainty about future data roles.
Politics
Bestinet, Founder Sue Media Outlets for RM1 Billion Over Defamation
Bestinet and founder Aminul Islam sue 10 parties, including Bloomberg and Malaysiakini, seeking RM1 billion over alleged defamatory reports
Artificial Intelligence
EC-Council Expands AI Certification Portfolio as Malaysia Scales National AI Capability and Workforce Readiness
Aligned with Malaysia’s national AI push and the National Artificial Intelligence Office (NAIO), four new AI certifications and Certified CISO v4 build role-ready skills…
United States
US Job Market Steady as Trade Deficit Swells, Fed Seen Holding Rates for Now
US jobless claims stayed low while the trade deficit widened sharply, reinforcing expectations the Federal Reserve will delay further rate cuts.
Jobs
Malaysia’s Unemployment Rate Dropped to Decade-Low 2.9% in November 2025
Unemployment rate falls to 2.9% in Nov 2025, lowest in decade; steady job growth outpaces labour force expansion.
Workplace
Malaysia’s unemployment stays low at 3.0% in October 2025, labour market improves
Unemployment steady at 3.0%, employed persons rise to 17.06 million as Malaysia’s labour market continues upward trend in Oct 2025.
Scams
MACC Calls 16 Individuals as Probe Widens Into RTK Foreign Worker Bribe Scheme
Sixteen people have been summoned as SPRM expands its investigation into bribery linked to speeding up RTK foreign worker approvals.
United States
US Jobless Claims Rise as Labour Market Shows Clear Signs of Cooling
US jobless claims rose to 232,000 as layoffs increased and unemployment rolls hit their highest level since 2021, signalling labour-market cooling.
Workplace
Jobstreet by SEEK Flags Rising Job Scams and Boosts Fraud-Prevention Systems
Jobstreet by SEEK warns of increasingly complex job scams in Malaysia and expands fraud-prevention systems to protect jobseekers nationwide.
Workplace
Krenovator Launches HastyHire, an AI Interviewer Platform to Revolutionise Recruitment Efficiency
Krenovator introduces HastyHire, an AI-powered interviewer platform that automates candidate screening, accelerates hiring, and enhances recruitment objectivity.
FED
Oil Prices Rise as US Fed Cuts Rates by 25 Basis Points
The Federal Reserve lowered rates to 3.75–4.00%, ending quantitative tightening and signaling a shift toward economic support.
Jobs
World Bank Warns of Rising Youth Job Crisis Across Asia
World Bank warns youth unemployment and low-quality jobs across Asia risk fueling unrest as opportunities dwindle and inequality widens.
Cars
Maxim Malaysia Launches “Drive For Inclusion” to Empower Special Needs Drivers in E-Hailing Industry
Maxim Malaysia introduces “Drive For Inclusion”, empowering special needs individuals as e-hailing drivers with support, flexibility, and inclusive opportunities.
Cars
Auto Industry: Germany Faces Industrial Jobs Crisis as 125,000 Cuts Shake Economy
Germany faces industrial crisis with 125,000 layoffs in six weeks, led by auto sector cuts, weak exports, and tariff pressures.
Jobs
Malaysia Labour Market Holds Strong, Boosting Confidence in Consumer Spending
Malaysia’s labour market stays resilient with 3.0% unemployment, steady hiring in services and manufacturing, supporting consumer spending and 2025 GDP growth.