Business/Economy
Business : HR Minister Unlocks RM2 Bln Levy Fund For Graduate Hiring As Merdeka Gift For Employers
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AI Summary
Starting September 1, 2025, Malaysian employers will have access to RM2 billion from the human resources development (HRD) levy fund to incentivize the hiring of local graduates. Human Resources Minister Steven Sim Chee Keong announced this initiative to address graduate unemployment and boost workforce development. Employers can utilize these funds to offset the costs associated with hiring fresh graduates, encouraging companies to invest in young Malaysian talent.
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