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Southeast Asia |
M'sia to shed 50,000 jobs |
2009-03-18 |
MALAYSIA has shed 26,000 jobs since the global financial crisis blew up in September and nearly twice as many workers could lose their jobs this year as struggling manufacturers cut output, a senior government official said. ''It (unemployment) is going to be quite long and badly affected,'' Sheikh Yahya Sheikh Mohamed, deputy director of labour in Malaysia's Human Resources Ministry, told Reuters in an interview. |
Posted by:Fred |