KUALA LUMPUR (Nikkei Markets) -- A proposed Malaysia@Work program costing the government 6.5 billion ringgit ($1.5 billion) will be launched in stages from the second quarter of 2020 and is expected to create 350,000 jobs over the next five years.
The move comes as Malaysia seeks to boost local hiring at a time when growth in the third-largest Southeast Asian economy has slowed. Malaysia's economy expanded 4.4% in the third quarter from a year earlier, its slowest pace in a year, as household spending and business investment softened.
