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Economy Recession

A daily repetitive term we hear. A dreadful term that everyone fear and don’t want to be a part of, and yet it is so unavoidable. The semiconductor, electrical and electronics, textile manufacturing industries are those badly hit in Malaysia. Hence, Penang is the state that worst affected by this round of economy’s tsunami. And well, I’m working in a company who support semiconductor industry. So, be creative and think what kind of situation I’m in now. No prices for getting it right because I couldn’t afford any.

Our Human Resources Minister was claiming the number of temporarily laid-off workers rose to 80,000 and the number retrenched was about 15,000. Almost 0.5% of our population. Kind of scary also actually. However, the good news is, our government is actually trying to do something for those affected. Penang Ah Eng Ko setup The Penang Career Assitance and Training Center (Penang CAT Center) to assist those affected finding employment. Not a big step to cure the current situation but at least doing something which I think is meaningful. Thumbs-up for our Penang CM.

Selangor government endorsed the Jobstreet.com retrenchment helpline, following the footsteps of the Penang government. Also a toast to it.

Do hope this recession downturn will bounce back a little at least, the soonest.

6 Responses

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  1. eMmy LiM

    y Kedah government didnt take any action towards these??? Kedah do have jobless ppl like me who sheltering the ulu place.haha

    March 5, 2009 at 9:19 pm
  2. KY

    good move, good move!

    March 5, 2009 at 9:35 pm
  3. Pet

    Yeah, I glanced on TV3 Buletin the Penang CAT launching by Pg CM. Aiyah..hard to concentrate when have to multitask – baby sitting!

    March 5, 2009 at 9:55 pm
  4. Myhorng

    eMmy, Kedah in PAS and PAS pulak live in kesederhanaan mar. so can tanam jagung if jobless. jobstreet not able to help on jaggung stuff.

    KY, yup yup

    Pet, just sit on them will do

    March 5, 2009 at 11:39 pm
  5. suzie

    community service thru blogging – geng!

    March 6, 2009 at 7:09 am
  6. Myhorng

    suzie, maybe i’ll need someone’s help someday who knows ;)

    March 9, 2009 at 8:44 am

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