◉ HEADLINES

Mohd Effendy Abdul Ghani

New minimum wage: experts say govt must balance economic growth and rising costs

One economist posits setting it at RM2,500–RM3,000, but acknowledges this could be met with protest from employers

MTUC affirms Effendy as president following RoS decision 

Union group’s decision to suspend its chief violated conditions set by high court, registrar confirms

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

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