#gig economy malaysia

[kazifatagar]

Budget 2025: Empowering Gig Workers for Malaysia's Prosperous Future

By Shubham Saran, Director of Operations, foodpanda Malaysia  This year’s Budget 2025, themed ‘Negara Makmur, Rakyat Sejahtera’ highlights the vital role the digital economy plays in Malaysia’s next phase of growth. The gig economy, including sectors like food delivery and quick commerce, has emerged as a key driver of this transformation. Gig workers, who are the backbone of these industries,…

[donutwares]

Black Friday sales are here…

Think I will stay up till midnight or wake up early and do some online shopping tomorrow. Want to buy some guitar stuff. Maybe a gig bag for my good ol’ c40, and a sound hole diffuser. First saw one on Yusuf Cat’s performance at the Nobel Peace Prize concert.

Covid is making a comeback here in Malaysia. Another wave and the economy may be finished. Damned if the middle east war will end in peace this time.

My hospital psych clinic visit has been delayed till late December so Dad can have his heart procedure done and hopefully be free of blood thinners that bleed his gut. Right now his stabbing nerve pains are reoccurring along with mild flu.

Mom needed a Rivotil to sleep after failing to turn in at 5am. Is there vengeance or am I just a mentally insane know-nothing?

[paynxt360]

The embedded insurance sector is poised to grow significantly in Southeast Asia in 2023

The insurance penetration rate is relatively low across the Southeast Asian markets. This represents a market with significant headroom for growth in 2023 and beyond. In addition to low insurance penetration, the increasing demand for affordable insurance products owing to a surge in awareness among the rising middle class will also aid the embedded insurance growth in Southeast Asia in 2023.

To capitalize on the projected growth opportunity in markets like Indonesia, Thailand, and Malaysia, providers are launching innovative products and forging strategic alliances with relevant ecosystem players to serve the day-to-day insurance needs of customers across the region.

PasarPolis, for instance, launched an innovative digital platform Tap Partners. The service has been designed to provide offline merchants with a channel to sell embedded insurance products. This solution will not only empower merchants to offer comprehensive insurance coverage to their customers but is also expected to aid the industry growth in Indonesia.

With these innovative service launches, PasarPolis has continued to cement its position in the fast-growing embedded insurance sector in Southeast Asia. Through its collaboration with Tap Insurance, PasarPolis is also able to underwrite its own product. This makes PasarPolis one of the full-stack insurtechs in Indonesia. In 2022, the firm issued 500 million insurance policies. The strong network of 40 embedded insurance distribution partners, along with the ability to offer new products, means that the firm is well-poised to surpass the 2022 figures in 2023.

Amid the growing competitive landscape, other embedded insurance providers are seeking to forge strategic alliances to issue more policies in the Southeast Asian region. Insurtech bolttech, for instance, announced a strategic collaboration with Tune Protect Group in April 2023.

The partnership is aimed at offering device protection solutions to customers in Malaysia. The collaboration between the two firms aims to meet the growing demand for device protection and support services in the Southeast Asian market. While the device insurance coverage will be underwritten by Tune Protect, bolttech is appointed corporate agent and the provider of device support services.

Over the years, Singapore-based bolttech has emerged as one of the leading embedded insurance providers in the global market. It has a presence in over 30 markets in Asia and Europe, and across all 50 states in the United.

In another strategic collaboration, Tokio Marine Insurans announced a partnership with KirimMan and Finology. This strategic alliance is aimed at delivering affordable embedded insurance products for the gig economy in Malaysia, largely focusing on delivery riders. Notably, the embedded insurance product starts from MYR 1 per day and offers protection against accidents while on the job.

These strategic collaborations and the launch of embedded insurance products are expected to further aid the competitive landscape in the fast-growing Southeast Asian markets. Consequently, PayNXT360 expects regional providers to also seek growth opportunities in the global market from the short to medium-term perspective.

In February 2023, PolicyStreet, another Southeast Asian insurtech firm, announced that the firm had received approval from the Australian Securities and Investments Commissions and had obtained the Australian Financial Services License. The license will allow PolicyStreet to offer financial product services for general insurance products to retail and wholesale clients in Australia.

While the firm is expanding its presence in the Australian market, it has announced that it is committed to serving the Southeast Asian market. Furthermore, PolicyStreet had also announced that it will leverage insights and data on upcoming trends from its Australian operations to better innovate and compete in the Southeast Asian region.

As the embedded insurance market continues to grow in Indonesia, Malaysia, and Thailand, PayNXT360 expects more innovative product launches and strategic collaborations to emerge in 2023. Furthermore, PayNXT360 also expects venture capital and private equity funding to grow in the segment from the short to medium-term perspective, as a relatively low-insurance penetration rate represents a market with significant headroom for growth. Overall, the competitive landscape and embedded insurance market are poised to record strong growth over the next five years in Southeast Asia.

To know more and gain a deeper understanding of the Asia Pacific embedded finance industry, click here.

[dailystraitsdotcom]

Gig Workers & Income Tax

It's Tax Filing Season! Gig Workers & Income Tax: Here's What You Need to Know. #Malaysia

It’s tax filing season again but how different is it if you are working in the gig economy? ACCA ExpertLink panel member for Taxation Thenesh Kannaa explains why (and how) gig workers should pay their taxesIf you are a gig worker who has a laidback attitude about taxes, it’s probably time for you to start taking things a little more seriously.A gig worker is defined as “a person who does…

[fincrew]

If you’re currently in a financial pinch or want to know as much as possible about the EPF or Employees Provident Fund program, one thought that’s likely to have crossed your mind is finding out how the EPF withdrawal system works. Here, we’ll be breaking down all you need to know about the EPF, how it works, and everything involved in getting your money out of the program.

What Is EPF?

EPF is short for Employees Provident Fund and refers to a government program run by the Ministry of Finance. The primary goal is to ensure that employees have something saved for when they’re at a certain age or unable to work again for whatever reason.

How Does Yhe EPF Work?

This retirement savings scheme works differently, depending on the individuals involved. For example, in all cases, EPF automatically deducts 11% of your monthly salary at the end of each moment. However, if you earn less than RM 5 000, your employer should contribute 13% of your salary to this program. But, in cases where you make above the RM 5 000 benchmarks, your employer is required to contribute only 12% instead. Recently, EPF has worked for people in the gig economy and even stay-at-home moms!

Withdrawing From Your EPF

Under ideal circumstances, this retirement savings scheme allows withdrawals only when an individual is 55. The primary reason is that you should take the proceeds from this account and use them to support yourself in your golden years. There are a few instances where you’re legally allowed to tap into this account at an earlier age, as long as you meet specific requirements.

Requirements For Withdrawing From Your EPF Prematurely

Some provisions allow you to take out some or all of your savings before age 55 under certain circumstances. Before delving into these circumstances, it’s vital to mention that your EPF is into two different accounts. You can’t withdraw from either of these accounts unless;

You’ve saved above the required sum for your age and want to transfer the excess to a fund manager for further investment.

You’re a civil servant who started the EPF program before putting you on the government’s pension plan.

For any reason, you become mentally or physically disabled and cannot work anymore.

You intend to relocate from Malaysia finally.

You become deceased, and your beneficiary gets your savings.

You must cover housing loans, Hajj expenses, or medical bills.

What To Remember

No matter the reason, make sure you think long and hard before dipping into your Employees Provident Fund, as this can have far-reaching effects!

[newstfionline]

Wednesday, May 12, 2021

WHO Announces Virus “Plateau” (Foreign Policy) Countries across Europe are beginning to reopen after months of restrictions. U.S. President Joe Biden has endorsed a proposal to waive patents on COVID-19 vaccines, paving the way for accelerated production. But rather than achieving herd immunity, the world appears to be entering a new phase of the coronavirus pandemic, with more contagious variants spreading rapidly in places without stringent regulations or sufficient vaccines. In a Monday briefing, the World Health Organization (WHO) said the world had reached a plateau in new cases and deaths from the coronavirus, with numbers declining overall in most regions. WHO Director-General Tedros Adhanom Ghebreyesus acknowledged that the plateau was “unacceptably high.” Nearly 90,000 COVID-19 deaths were recorded worldwide last week. Thousands of those deaths occurred in India, where new cases and deaths have remained near record daily highs for days—and are still likely undercounted. Meanwhile, Malaysia announced a new lockdown on Monday amid a third wave driven in part by more infectious variants. Cases are rising elsewhere in South and Southeast Asia, as well as in Latin America—with potential consequences for political leaders.

Election reform controversy (Reuters) Democrats in the U.S. Senate hope today to advance sweeping election reform legislation making it easier for Americans to cast ballots, despite intense opposition from Republicans, many of whom support new restrictive voting rules at the state level. The 886-page bill would expand mail-in voting that was used widely in last year’s presidential election because of the coronavirus pandemic and would lengthen the hours of in-person balloting.

California expands drought emergency to large swath of state (AP) California Gov. Gavin Newsom on Monday expanded a drought emergency to a large swath of the nation’s most populous state while seeking more than $6 billion in multiyear water spending as one of the warmest, driest springs on record threatens another severe wildfire season across the American West. His emergency declaration now includes 41 of 58 counties, covering 30% of California’s nearly 40 million people, and he said a further expansion is likely as conditions worsen. The U.S. Drought Monitor shows most of the state and the American West is in extensive drought just a few years after California emerged from the last punishing multiyear dry spell. “We’re staring down at what could be disastrous summer and fall, with the potential of communities running out water, and fires,” said Democratic U.S. Rep. Jim Costa.

DarkSide Admits Hack (1440) Officials from the FBI confirmed yesterday a cyberattack that shut down one of the nation’s biggest gas pipelines was carried out by a cybercriminal outfit known as DarkSide. The group, based in Eastern Europe, is believed to develop, use, and sell ransomware—malicious software capable of locking IT systems until payment is made. Colonial Pipeline, which supplies an estimated 45% of the East Coast’s gasoline, shut down its network as a proactive measure after being hit with the attack late last week. In a twist, DarkSide representatives said they didn’t mean to create problems, but rather to simply “make some money.” The group, which claims to have an ethical code, represents an emerging phenomenon of hackers operating as enterprises—DarkSide even reportedly has a call-in number and help desk for its victims. It’s unclear whether the company paid the ransom; service is expected to be restored by next week. (AP) Meanwhile, more than 1,000 gas stations in the Southeast reported running out of fuel, primarily because of what analysts say is unwarranted panic-buying among drivers, as the shutdown of a major pipeline by a gang of hackers entered its fifth day Tuesday.

Central American leaders resisting Biden’s anti-corruption efforts (Washington Post) In a rebuff to the Biden administration, political leaders in El Salvador and Guatemala have forced out several senior judges known for their independence and anti-corruption zeal, underscoring the difficulties facing Washington’s new Central America policy. President Biden has put the fight against corruption at the heart of that policy. U.S. officials argue that graft is stunting Central American economies and driving citizens to attempt to migrate to the United States. The sidelining of the judges has raised concerns at the highest levels of the U.S. government. The administration is readying measures to increase pressure on El Salvador, Guatemala and Honduras, known as the Northern Triangle countries—including a name-and-shame list of corrupt politicians who would be denied U.S. visas. The efforts come as human rights groups warn of democratic backsliding in Central America, where the judiciary had emerged as a key check on presidential power.

Paris Teenager’s New Gig: Would-Be Queen of Italy. A Nation Shrugs. (NYT) Vittorio Emanuele di Savoia, the son of the last king of Italy, gave his granddaughter a big 16th birthday present. In a formal 2019 decree, the “Duke of Savoy, Prince of Naples and by the grace of God direct heir to Head of the Royal House of Savoy,” amended a medieval law that for centuries had restricted succession in his royal line to male heirs. He bumped “our beloved granddaughter” Vittoria Cristina Chiara Adelaide Maria up the royal food chain, making her the first woman in 1,000 years to be invested with the authority to eventually lead the family and stake a claim to the defunct monarchy. “It was the best gift he could give me,” Vittoria, now 17 and a burgeoning Instagram influencer, said from her Paris home. But the gift didn’t include a crown. Italy is a republic, having abolished the monarchy 75 years ago for its disastrous support of Mussolini, and Italians have approximately zero interest in a royal restoration. “Never say never,” said Vittoria’s father, Emanuele Filiberto, an Italian television personality who claims the title Prince of Venice, which is also the name of his Los Angeles restaurant and former food truck. (“We do a lot of film premieres. We did Jumanji,” he said.) Obviously, he said, the monarchy wasn’t returning “tomorrow,” but he had no sons and the family needed a head of the royal household to run its historic orders.

Russian governor: School shooting in Kazan kills 7 students (AP) A school shooting erupted Tuesday morning in the Russian city of Kazan, killing seven students and leaving 16 other people hospitalized with wounds, a Russian governor reported. Rustam Minnikhanov, governor of the Tatarstan republic which has Kazan as its capital, said Tuesday that four male and three female eighth-grade students have died in the shooting. Twelve more children and four adults were hospitalized in the attack, Minnikhanov said. The shooter was 19. Kazan is roughly 700 kilometers (430 miles) east of Moscow.

Deadly ‘black fungus’ cases add to India’s covid crisis (Washington Post) As coronavirus cases and deaths soared in India recently, doctors began to notice another disturbing trend. Some covid-19 patients who had been released from hospitals were coming back with different symptoms, including sinus pain, blurred vision, black and bloody nasal discharge and a dark discoloration around the nose. The culprit was a deadly fungal infection called mucormycosis that physicians say is increasingly preying on people with immune systems weakened by covid-19 and the steroids used to treat it. Though cases of the black fungus remain rare, its lethality and increasing prevalence have prompted government warnings, put doctors on high alert and added to the country’s health crisis. “The death rate from mucormycosis is 50 percent,” said Amarinder Singh Malhi from All India Institute Of Medical Science, a public hospital in New Delhi. “The death rate from covid is 2.5 percent. So we have to use these steroids very cautiously.”

100 days in power, Myanmar junta holds pretense of control (AP) After Myanmar’s military seized power by ousting the elected government of Aung San Suu Kyi, they couldn’t even make the trains run on time: State railway workers were among the earliest organized opponents of the February takeover, and they went on strike. Health workers who founded the civil disobedience movement against military rule stopped staffing government medical facilities. Many civil servants were no-shows at work, along with employees of government and private banks. Universities became hotbeds of resistance, and in recent weeks, education at the primary and secondary levels has begun to collapse as teachers, students and parents boycott state schools. One hundred days after their takeover, Myanmar’s ruling generals maintain just the pretense of control. The illusion is sustained mainly by its partially successful efforts to shut down independent media and to keep the streets clear of large demonstrations by employing lethal force. More than 750 protesters and bystanders have been killed by security forces, according to detailed independent tallies. Meanwhile, the junta also faces a growing military challenge in the always restive border regions where ethnic minority groups exercise political power and maintain guerrilla armies. Two of the more battle-hardened groups, the Kachin in the north and the Karen in the east, have declared their support for the protest movement and stepped up their fighting, despite the government military, known as the Tatmadaw, hitting back with greater firepower, including airstrikes.

China Targets Muslim Women in Push to Suppress Births in Xinjiang (NYT) When China’s government ordered women in her mostly Muslim community in the region of Xinjiang to be fitted with contraceptive devices, Qelbinur Sedik pleaded for an exemption. She was nearly 50 years old, she told officials. She had obeyed the government’s birth limits and had only one child. It was no use. The workers threatened to take her to the police if she continued resisting, she said. She gave in and went to a government clinic where a doctor, using metal forceps, inserted an intrauterine device to prevent pregnancy. She wept through the procedure. Across much of China, the authorities are encouraging women to have more children, as they try to stave off a demographic crisis from a declining birthrate. But in the Xinjiang region, China is forcing them to have fewer, tightening its grip on Muslim ethnic minorities and trying to orchestrate a demographic shift that will diminish their population growth. It is part of a vast and repressive social re-engineering campaign by a Communist Party determined to eliminate any perceived challenge to its rule, in this case, ethnic separatism.

35 killed in Gaza, 3 in Israel, as violence escalates (Reuters) Hostilities between Israel and Hamas escalated overnight, with 35 Palestinians killed in Gaza and three in Israel in the most intensive aerial exchanges for years. Israel carried out hundreds of air strikes in Gaza into the early hours of Wednesday, as the Islamist group and other Palestinian militant groups fired multiple rocket barrages at Tel Aviv and Beersheba. One multi-story residential building in Gaza collapsed and another was heavily damaged after they were repeatedly hit by Israeli air strikes. It was the heaviest offensive between Israel and Hamas since a 2014 war in Gaza, and prompted international concern that the situation could spiral out of control. U.N. Middle East peace envoy Tor Wennesland tweeted: “Stop the fire immediately. We’re escalating towards a full scale war. Leaders on all sides have to take the responsibility of de-escalation. The cost of war in Gaza is devastating & is being paid by ordinary people. UN is working w/ all sides to restore calm. Stop the violence now,” he wrote.

Israelis, Palestinians and Their Neighbors Worry (NYT) Let’s see, what happens when TikTok meets Palestinian grievances about right-wing Israeli land grabs in Arab neighborhoods in Jerusalem? And then you add the holiest Muslim night of prayer in Jerusalem into the mix? Then toss in the most emotional Israeli holiday in Jerusalem? And a power play by Hamas to assume leadership of the Palestinian cause? And, finally, a political vacuum in which the Palestinian Authority is incapable of holding new elections and Israel is so divided it can’t stop having elections? What happens is the explosion of violence around Jerusalem on Monday that quickly spread to the Gaza front, and has people asking: Is this the big one? Is this the start of the next Palestinian uprising? The Israeli government, the surrounding Arab nations and the Palestinian Authority all desperately want the answer to be “no”—Israel because it would find little support from a left-leaning White House, let alone the rest of the world, for a big crackdown on Palestinians; the Arab governments because most of them want to do business with Israeli tech-makers, not get mired defending Palestinian rock-throwers; and the Palestinian leadership because it would expose just how little it controls the Palestinian street anymore. But unlike the Intifadas that began in 1987 and 2000, when Israel had someone to call to try to turn it off, there is no Palestinian on the other end of the phone this time—or, if there is, he’s a 15-year-old on his smartphone, swiping orders and inspiration from TikTok, the video app often used by young Palestinians to challenge and encourage one another to confront Israelis.

At least 1m people facing starvation as Madagascar’s drought worsens (Guardian) Madagascar’s worst drought in 40 years has left more than a million people facing a year of desperate food shortages. The south saw 50% of its usual rains during the October planting season, in a fourth year of drought. According to the Famine Early Warning System Network, most poor families have to rely on foraging for wild foods and leaves that are difficult to eat and can be dangerous for children and pregnant women. Aid agencies have reported people eating termites and mixing clay with tamarind.

[kazifatagar]

Gig Economy in Malaysia: Transforming the Labour Landscape and Promoting Decent Work

In the first place, it has the potential to reduce income inequality. The gig economy is likely to provide Malaysian workers with more regular and stable incomes over the long term. It is especially true for women, who currently make up a small percentage

By Joelle Pang, General Manager, FastJobs Malaysia By creating new opportunities, increasing flexibility, and promoting decent work, the gig economy is transforming Malaysia’s labour market. Freelancers or independent contractors perform short-term jobs as part of the gig economy. The gig economy has seen an increase in freelance jobs in Malaysia, such as ride-hailing, e-commerce delivery, and…

[isfeed]

Borzo, a delivery startup which focuses on emerging economies, raises $35M

Borzo, a delivery startup which focuses on emerging economies, raises $35M

If you’re in India, the Philippines, Russia, or Vietnam, Amazon Prime and Gorillas are probably not that much use to you. Comparable to DoorDash Drive or Lalamove (Malaysia), Dostavista is a “crowdsourced” same-day delivery service. Founded in Russia, the startup initially figured out a way to appeal to gig economy workers in countries such as the ones above by creating a game where players would…

[dailystraitsdotcom]

Gig Economy In Malaysia

Transforming the Labour Landscape and Promoting Decent Work by Joelle Pang, General Manager, FastJobs Malaysia. #Columnist #Malaysia

Follow us on LinkedIn, Instagram, Facebook, YouTube and Twitter By creating new opportunities, increasing flexibility, and promoting decent work, the gig  economy is transforming Malaysia’s labor market. Freelancers or independent contractors  perform short-term jobs as part of the gig economy. The gig economy has seen an increase  in freelance jobs in Malaysia, such as ride-hailing, e-commerce…

[hamzaaslam]

Surge in delivery services on Gig economy app led iTask to create their own delivery service

Surge in delivery services on Gig economy app led iTask to create their own delivery service

Users can arrange to have cakes, flowers and parcels delivered to their doorstep from $4.50   SINGAPORE – Media OutReach – 3 February 2021 – The delivery boom in the pandemic has led iTask to create their own delivery service called iTask Delivery.   Available in Singapore and Malaysia, the service marketplace platform has seen a 62% jump in service providers on board last year, surpassing the…

[thevoiceofwillow-blog]

Tapaw: Apps Penghantaran Makanan Baru?

Sepertimana jenama ‘Foodpanda’, ‘GrabFood’, ‘DeliverEat.my’ dan ‘DahMakan’ telah mempermudahkan urusan orang ramai untuk membeli makanan serta barangan tanpa perlu keluar rumah, rakyat Malaysia kini diberikan ‘option’ penghantaran terbaharu yang dikenali sebagai ‘TAPAW’.

Tapaw adalah sebuah syarikat ‘startup’ baharu keluaran Malaysia, yang mula menjengah pasaran perniagaan tempatan pada bulan September 2020. Syarikat Tapaw Groups Sdn Bhd yang berpengkalan di Shah Alam, Selangor ini dikatakan memiliki potensi nilaian sebanyak RM1 Juta.

//<![CDATA[ RFP.InFeed.Default.run({"immediately":true}) //]]>

Pada 15 Disember 2020, jenama ini telah diperkenalkan secara rasmi oleh Kerajaan Negeri Perlis menerusi penganjuran majlis pelancaran aplikasi Tapaw yang diadakan di Hotel Seri Malaysia, Kangar. Menurut kenyataan YAB Datuk Seri Azlan Man (Menteri Besar Perlis), Tapaw adalah jenama yang dibangunkan oleh anak jati Perlis.

Tambah beliau, syarikat ini berpotensi untuk menawarkan sebanyak 100 000 peluang pekerjaan baharu kepada rakyat Malaysia, khususnya anak-anak muda yang berminat untuk menjadi seorang ‘driver’, ‘rider’ penghantar makanan mahupun ‘runner’ penghantar barangan persis jenama-jenama besar yang lain.

Setakat bulan Disember, Tapaw berjaya mendaftarkan kira-kira 47000 unit kenderaan penghantaran menurut laporan daripada portal Berita RTM. Angka ini diperoleh kurang daripada tujuh bulan, dan dijangka akan meningkat seiring dengan perkembangan semasa. Selain makanan, Datuk Anuar A Rahman selaku Ketua Pegawai Eksekutif turut menyatakan bahawa Tapaw memiliki kepelbagaian rangkaian perkhidmatan berasaskan ‘delivery’ yang merangkumi penghantaran barang dapur, ubat-ubatan, bungkusan (parcel), dokumen dan sebagainya, termasuk khidmat pindah rumah.

Jika anda meneliti portal rasmi tapaw.com, terdapat lima jenis kenderaan penghantaran yang didaftarkan di bawah jenama ini, iaitu; motorsikal, kereta, van, ‘pickup’ trak, lori 1 tan & 3 tan. Kesemuanya menjalankan khidmat mengikut kesesuaian permintaan pengguna, tertakluk kepada had berat dan kadar caj yang ditetapkan.

<![CDATA[ (adsbygoogle = window.adsbygoogle || []).push({}); ]]>

Dalam pada itu, pengguna-pengguna telefon pintar boleh memuat turun aplikasi Tapaw yang tersedia di ‘Google Play Store’, ‘Apple App Store’ atau ‘Huawei AppGallery’, iaitu ‘TAPAW- Food & Parcel Express Delivery’ untuk pengguna ataupun ‘TAPAW Driver- Drive & Earn Extra Income’ untuk kegunaan para ‘rider’ dan ‘runner’.

Seperti apa yang kita ketahui, pasaran ‘ekonomi gig’ sudah lama bertapak dan berkembang di seluruh pelosok dunia. Di Malaysia sahaja, terdapat kira-kira 4 juta pekerjaan bebas atau lebih dikenali sebagai ‘freelancer’. Angka ini mewakili 26% daripada keseluruhan pasaran tenaga buruh, berdasarkan statistik terkini.

Pekerjaan sebagai penghantar makanan dan barangan adalah tergolong di dalam pasaran tenaga buruh sektor ‘ekonomi gig’, yang mana pekerjaan jenis ini memiliki struktur kerja yang agak berbeza berbanding dengan pekerjaan atau tenaga buruh ‘konvensional’. Hal ini dikatakan demikian kerana, pekerjaan jenis ini memiliki tahap ‘flexibility’ yang tinggi, khususnya berkenaan dengan tempoh masa bekerja, keberadaan tempat kerja, jenis kerja, serta kadar upah yang bergantung sepenuhnya terhadap daya produktiviti serta kemahiran tertentu.

Sebagai contoh, seorang ‘rider’ Food Panda boleh menikmati bayaran sehingga RM3680 sebulan menerusi skim pembayaran terbaharu jika mereka berjaya mengekalkan konsistensi. Perkiraannya adalah seperti berikut; RM7 untuk setiap pesanan; RM168 sehari jika berjaya memperoleh 24 pesanan, berserta bonus tambahan sebanyak RM80 seminggu. ‘Rider’ memiliki autonomi sendiri untuk menentukan masa bekerja.

Oleh itu, boleh kita rumuskan di sini bahawasanya ekonomi gig memiliki hipotesis mudah seperti; semakin banyak ‘job’ kita buat dalam sehari, semakin banyak pendapatan kita peroleh.

Menurut laporan ‘Global Gig Economy Index’ terbitan tahun 2019, Amerika Syarikat mendahului carta peningkatan pendapatan (revenues) di dalam pasaran tenaga buruh sektor ekonomi gig dengan rekod sebanyak 78%, diikuti United Kingdom (59%), Brazil (48%), Pakistan (47%), Ukraine (36%), Filipina (35%), India (29%), Bangladesh (27%), Russia (20%), dan Serbia (19%).

<![CDATA[ (adsbygoogle = window.adsbygoogle || []).push({}); ]]>

Hasil kajian yang dijalankan oleh ‘Payoneer’ mendapati bahawa, kelas umur 18 hingga 24 tahun mewakili 16% daripada keseluruhan tenaga buruh sektor ekonomi gig pada tahun 2019. Manakala, kelas umur 24 hingga 34 tahun pula memiliki peratusan tertinggi iaitu 48%, diikuti 35 hingga 44 tahun (23%), 45 hingga 54 tahun (9%) dan 55 tahun ke atas (5%).

Semestinya penularan pandemik Covid-19 memberikan impak positif ke atas ‘platform’ penghantaran makanan dan barangan, memandangkan orang ramai memilih untuk mengurangkan pergerakan di luar rumah. Perkara ini telah pun dibuktikan dengan peningkatan tempahan penghantaran sebanyak 30% seawal bulan Mac 2020, seiring dengan langkah kerajaan melaksanakan Perintah Kawalan Pergerakan (PKP) pada 18 Mac 2020.

Berdasarkan laporan FMT, Foodpanda merekodkan peningkatan permohonan pekerjaan sebanyak 37% di sepanjang bulan Mac yang lalu, di samping peningkatan 6.7% jumlah penghantar berdaftar sepertimana yang diperkatakan oleh Shubham Saran, selaku Ketua Logistik Foodpanda Malaysia.

source https://thetheoritical.blogspot.com/2020/12/tapaw-apps-penghantaran-makanan-baru.html

[dearluce]

Tapaw: Apps Penghantaran Makanan Baru?

Sepertimana jenama ‘Foodpanda’, ‘GrabFood’, ‘DeliverEat.my’ dan ‘DahMakan’ telah mempermudahkan urusan orang ramai untuk membeli makanan serta barangan tanpa perlu keluar rumah, rakyat Malaysia kini diberikan ‘option’ penghantaran terbaharu yang dikenali sebagai ‘TAPAW’.

Tapaw adalah sebuah syarikat ‘startup’ baharu keluaran Malaysia, yang mula menjengah pasaran perniagaan tempatan pada bulan September 2020. Syarikat Tapaw Groups Sdn Bhd yang berpengkalan di Shah Alam, Selangor ini dikatakan memiliki potensi nilaian sebanyak RM1 Juta.

//<![CDATA[ RFP.InFeed.Default.run({"immediately":true}) //]]>

Pada 15 Disember 2020, jenama ini telah diperkenalkan secara rasmi oleh Kerajaan Negeri Perlis menerusi penganjuran majlis pelancaran aplikasi Tapaw yang diadakan di Hotel Seri Malaysia, Kangar. Menurut kenyataan YAB Datuk Seri Azlan Man (Menteri Besar Perlis), Tapaw adalah jenama yang dibangunkan oleh anak jati Perlis.

Tambah beliau, syarikat ini berpotensi untuk menawarkan sebanyak 100 000 peluang pekerjaan baharu kepada rakyat Malaysia, khususnya anak-anak muda yang berminat untuk menjadi seorang ‘driver’, ‘rider’ penghantar makanan mahupun ‘runner’ penghantar barangan persis jenama-jenama besar yang lain.

Setakat bulan Disember, Tapaw berjaya mendaftarkan kira-kira 47000 unit kenderaan penghantaran menurut laporan daripada portal Berita RTM. Angka ini diperoleh kurang daripada tujuh bulan, dan dijangka akan meningkat seiring dengan perkembangan semasa. Selain makanan, Datuk Anuar A Rahman selaku Ketua Pegawai Eksekutif turut menyatakan bahawa Tapaw memiliki kepelbagaian rangkaian perkhidmatan berasaskan ‘delivery’ yang merangkumi penghantaran barang dapur, ubat-ubatan, bungkusan (parcel), dokumen dan sebagainya, termasuk khidmat pindah rumah.

Jika anda meneliti portal rasmi tapaw.com, terdapat lima jenis kenderaan penghantaran yang didaftarkan di bawah jenama ini, iaitu; motorsikal, kereta, van, ‘pickup’ trak, lori 1 tan & 3 tan. Kesemuanya menjalankan khidmat mengikut kesesuaian permintaan pengguna, tertakluk kepada had berat dan kadar caj yang ditetapkan.

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Dalam pada itu, pengguna-pengguna telefon pintar boleh memuat turun aplikasi Tapaw yang tersedia di ‘Google Play Store’, ‘Apple App Store’ atau ‘Huawei AppGallery’, iaitu ‘TAPAW- Food & Parcel Express Delivery’ untuk pengguna ataupun ‘TAPAW Driver- Drive & Earn Extra Income’ untuk kegunaan para ‘rider’ dan ‘runner’.

Seperti apa yang kita ketahui, pasaran ‘ekonomi gig’ sudah lama bertapak dan berkembang di seluruh pelosok dunia. Di Malaysia sahaja, terdapat kira-kira 4 juta pekerjaan bebas atau lebih dikenali sebagai ‘freelancer’. Angka ini mewakili 26% daripada keseluruhan pasaran tenaga buruh, berdasarkan statistik terkini.

Pekerjaan sebagai penghantar makanan dan barangan adalah tergolong di dalam pasaran tenaga buruh sektor ‘ekonomi gig’, yang mana pekerjaan jenis ini memiliki struktur kerja yang agak berbeza berbanding dengan pekerjaan atau tenaga buruh ‘konvensional’. Hal ini dikatakan demikian kerana, pekerjaan jenis ini memiliki tahap ‘flexibility’ yang tinggi, khususnya berkenaan dengan tempoh masa bekerja, keberadaan tempat kerja, jenis kerja, serta kadar upah yang bergantung sepenuhnya terhadap daya produktiviti serta kemahiran tertentu.

Sebagai contoh, seorang ‘rider’ Food Panda boleh menikmati bayaran sehingga RM3680 sebulan menerusi skim pembayaran terbaharu jika mereka berjaya mengekalkan konsistensi. Perkiraannya adalah seperti berikut; RM7 untuk setiap pesanan; RM168 sehari jika berjaya memperoleh 24 pesanan, berserta bonus tambahan sebanyak RM80 seminggu. ‘Rider’ memiliki autonomi sendiri untuk menentukan masa bekerja.

Oleh itu, boleh kita rumuskan di sini bahawasanya ekonomi gig memiliki hipotesis mudah seperti; semakin banyak ‘job’ kita buat dalam sehari, semakin banyak pendapatan kita peroleh.

Menurut laporan ‘Global Gig Economy Index’ terbitan tahun 2019, Amerika Syarikat mendahului carta peningkatan pendapatan (revenues) di dalam pasaran tenaga buruh sektor ekonomi gig dengan rekod sebanyak 78%, diikuti United Kingdom (59%), Brazil (48%), Pakistan (47%), Ukraine (36%), Filipina (35%), India (29%), Bangladesh (27%), Russia (20%), dan Serbia (19%).

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Hasil kajian yang dijalankan oleh ‘Payoneer’ mendapati bahawa, kelas umur 18 hingga 24 tahun mewakili 16% daripada keseluruhan tenaga buruh sektor ekonomi gig pada tahun 2019. Manakala, kelas umur 24 hingga 34 tahun pula memiliki peratusan tertinggi iaitu 48%, diikuti 35 hingga 44 tahun (23%), 45 hingga 54 tahun (9%) dan 55 tahun ke atas (5%).

Semestinya penularan pandemik Covid-19 memberikan impak positif ke atas ‘platform’ penghantaran makanan dan barangan, memandangkan orang ramai memilih untuk mengurangkan pergerakan di luar rumah. Perkara ini telah pun dibuktikan dengan peningkatan tempahan penghantaran sebanyak 30% seawal bulan Mac 2020, seiring dengan langkah kerajaan melaksanakan Perintah Kawalan Pergerakan (PKP) pada 18 Mac 2020.

Berdasarkan laporan FMT, Foodpanda merekodkan peningkatan permohonan pekerjaan sebanyak 37% di sepanjang bulan Mac yang lalu, di samping peningkatan 6.7% jumlah penghantar berdaftar sepertimana yang diperkatakan oleh Shubham Saran, selaku Ketua Logistik Foodpanda Malaysia.

from mdnursyazwi https://ift.tt/3aENsdr via http://www.rssmix.com/

[dailystraitsdotcom]

FastGig Launched

FastGig enables job seekers to be in control of their gigs through an app that offers simple and convenient job booking process and speedy pay-outs. #Malaysia

Follow us on LinkedIn, Instagram, Facebook and Twitter Kuala Lumpur, Feb 10: FastJobs Malaysia, a tech-driven job platform that  provides equal access to gainful employment to Malaysians has launched FastGig, a mobile  app that allows the hustlers in the gig economy to have full control of their gigs in a simple and convenient manner. There are around 4 million individuals in the Malaysian gig…

[wadhwanifoundation]

12 Ways For SMEs To Hire The Right Talent And Drive Hyper-Growth

Small and Medium Enterprises (SMEs) are most crucial to India’s growth story. Employing about 106 million people – 40% of India’s workforce, 6% contribution to manufacturing GDP, and 6000+ products, the SME sector accounts for 40% of India’s total exports and 45% of the manufacturing output. No wonder SMEs will be India’s growth engine in the near future.

One important factor that is going to drive the hyper-growth trajectory of SMEs is Talent. The right people with niche skills who can innovate, scale, and drive business continuity. However, finding talent is one of the biggest challenges small and medium businesses (SMBs) face – lack of time to spend on finding talent, high cost of human resource management, and talent wars with the corporate sector lead to SME entrepreneurs losing out on top talent.

So, what can SMEs do to attract, hire, and retain the right talent? Here are 12 ways SMEs can build their talent pool and unlock that growth potential:

Reaching out to the Talent Pool:

1. Make your story compelling – Create a brand name for you as an employer. Tell people why they should work for you and focus on third party reviews like Glassdoor to back it up.

2. Be visible and be where the talent is – Establish an online presence where candidates can know more about you. Push out vacancies on job portals and social media. LinkedIn is increasingly becoming a great place to find talent online for professionals across levels.

3. Gain early access to talent – Successful companies begin to engage with talent long before they are seeking employment. Visit campuses, offer internships, or invite local students to take part in workshops.

4. Leverage talent communities – Partner with accelerators, engage with industry associations, attend industry conferences and generate positive word-of-mouth to reach the right talent.

5. Initiate referral programs – Talent attracts talent. Have your associates and employees tap into their network to recommend talent and get rewarded in case the recommendation is converted into a hire.

Right Hiring:

6. Understand your hiring needs – Identify the key roles and map skills and target competencies most relevant to your business goals. Be absolutely clear on the professional and personal qualities, qualifications, and expectations needed to fulfil the job.

7. Screen and assess to weed out the undesirables –This way it’s easier to evaluate a profile and determine the fit. Create pre-hire assessments such as scenario-based and problem-based assessments to further shortlist. Spend quality time interviewing the final shortlist to identify a great hire.

8. Invest in Human Resource Management (HRM) – Build the right hiring practices to improve candidate experience – easy application process, responsiveness, on-boarding etc. Get technology solutions that can reduce efforts and costs involved in hiring while making things simpler for the candidate.

9. Crowdsource talent – Tap into the gig economy to find people with specialized skills for temporary projects and avoid the costs of a full-time hire.

Retention is key:

10. Build your employee value proposition – Create a culture that fosters talent development. Offer perks and benefits such as flexible work timing, remote working, digital systems, conveyance support etc.

11. Support development opportunities – A great way to ensure you’re on the path to hyper-growth is to constantly promote ‘intrapreneurship’ – a culture where your people are continuously looking to get to the next level.

12. Create your own talent pool – Invest in internal coaching/training programs to constantly up-skill your workforce.

Finally, to find and attract the right talent you have to make them an offer they can’t refuse. And it’s not just money. Today’s workforce is more interested in personal growth and the impact they can potentially create via their jobs. Understand their aspirations and make an offer that seeks to meet the same.

Are you an SME entrepreneur interested in attending a program to hyper-grow your business? Click HERE to know more about the Wadhwani Advantage program.

About Wadhwani Foundation: Wadhwani Foundation was founded in 2000 by Dr. Romesh Wadhwani, with the primary mission of accelerating #job creation in India and other emerging economies through large-scale initiatives in entrepreneurship, small business growth, #innovation, and #skilling. The Wadhwani Foundation operates in 20 countries, including India, South East Asia (Indonesia, Malaysia, the Philippines), East Africa (Kenya, Uganda, Rwanda), Southern Africa (South Africa, Botswana, Namibia), West Africa (Nigeria, Ghana), Egypt, and Latin America (Mexico, Brazil, Peru, Chile). The Wadhwani Foundation works in partnership with governments, foundations, corporations, and educational institutes.

To know more about Wadhwani Foundation and its Initiatives: https://www.wfglobal.org Click here to subscribe WF YouTube channel: https://www.youtube.com/channel/UC8J1yxr4VDX5KbkACBhMMQA

Connect with us: Facebook: https://www.facebook.com/wadhwanifoundation Twitter: https://twitter.com/WadhwaniF LinkedIn: https://www.linkedin.com/company/wadhwanifoundation Instagram: https://www.instagram.com/wadhwanifoundation

[herokita]

Written by Contributor “What’s the best investment strategy during a recession?”“Should I start investing in an economic downturn?”“When is it necessary to cut losses?”“What are simple and safe financial instruments to invest in as a novice?” Those are some questions I’ve been getting recently about investing. My quick answer would be: Build up your emergency savings, then continue investing normally for the long term. “Really? That sounds a bit too simple for a crisis like this. Are you sure?” Yup. But of course, the devil is in the details. This is how I’m thinking around investing in these coronavirus times, and how an average investor should probably think about it too. Investing is (probably) not gonna replace your salary I’m starting with this because I worry many people are looking at investing wrongly — like the magic bullet which will solve all their money problems. I’ll be blunt: if you’re looking to make more money now, I don’t think you should be focused on investing. Instead, get really good at your work. Build expert skills that are valuable to lots of people and charge for it. I say this in the broadest sense possible: this could be your day job or your side gig. It could even be your “passion project” online business which really takes off and becomes your main income. Investing, on the other hand — is a long-term project that prepares you for your retirement 30 years away. It’s more about “protecting and growing” wealth you already have versus generating lots of new income. It might take decades before your monthly investment returns even come close to your first salary (and most people never even get there). So unless you have a very special set of skills, you’re likely never gonna make a full-time income from investing. Now that we’ve got those Wolf of Wall Street fantasies out of our heads, let’s talk about what’s coming next. There’s another crash coming In March 2020, global markets (including stocks, bonds, oil, Bitcoin, and anything else people invest in) crashed like never before. Since then, most markets have partially recovered. Which is REALLY weird, because broad consensus is economies around the world are pretty f***ed up right now. A simple example: The S&P 500 (which represents the USA stock market) went up 28.48% percent in the same 4 weeks (23 March – 18 April) that >21 million Americans lost their jobs. Which reminds me of a saying in finance circles: “The stock market is not the economy.” When I say another crash is coming, I mean people feeling it. I mean people filled with fear, struggling to pay bills, and not having enough food. And if unemployment continues to grow around the world because of the coronavirus, eventually the markets will follow too. The last “crash” in 2009 actually happened over 16 months (via TradingView) In fact, many experts are saying we’re already in a recession — and the only question is whether we end up in a depression or not. A recession is like you having to skip dinner for a year. A depression is going to bed hungry for ten. Looking at history, we can estimate that recovery might take years, or even decades (like the 1930s Great Depression). How should we invest our money? The pre-requisite: survival Survival is your utmost priority. It doesn’t matter how much your stock portfolio grows in the next five years, if you or your loved ones aren’t around to enjoy it. So apart from health, your first priority is to ensure you have enough emergency cash. Your target: 6-12 months of expenses. This is money you can easily get if s*** hits the fan. What happens if your employer surprises you with a 20% pay cut, followed by your wife losing her job? Will you be able to survive such shocks? Even if everything’s fine with you, you’ll probably need cash to help your friends and relatives who are struggling. So focus on this important point first, before you even think of investing. Wait till it crashes, then buy low right? (no) Moving on: Every investor has heard the saying “don’t try to time the market,” but it’s almost impossible to follow. “Why should I buy when the market is falling?” we question. “I’ll buy when it hits the bottom.” Ah, the elusive bottom. Something people search their entire lives for, but nobody ever finds. But what if you somehow managed to do it? What if you had God-like market timing and somehow figured out exactly when to buy in? Someone has actually done the math. Here’s Nick Maggiulli in his wonderfully-titled “Even God Couldn’t Beat Dollar Cost Averaging” article: …Buy the Dip, even with perfect information, typically underperforms Dollar Cost Averaging (for the S&P 500). So if you attempt to build up cash and buy at the next bottom, you’ll likely be worse off than if you had bought every month. Why? Because while you wait for the next dip, the market is likely to keep rising and leave you behind. I know, it’s hard. We like to time the market because we wanna feel smart; like we’re getting a Mega Sale discount. But historically for most investors, it just doesn’t work. Much better to find something you’re confident to invest in for the long term, then Dollar Cost Average in. Time in the market beats timing the market. Invest in the broad markets Most people shouldn’t be choosing individual stocks to trade. Most people should be buying passive index funds or Exchange Traded Funds (ETFs). What’s the easiest way to start? If you’re reading this from Malaysia, a robo-advisor is the fastest, cheapest, most convenient way to get a mix of high-quality ETFs. As an iMoney reader, enjoy reduced fees when you sign up for robo-advisor StashAway through this link. But as always, remember to do your own research before investing. Again, I’m writing this for the average investor. Someone who’s busy with his job and family, and doesn’t have Warren Buffett-like time to read financial papers. Maybe you think you’re not average (research says most of us think so too!), but history conclusively tells us even most professional money managers underperform. What are the odds Joe quietly scrolling Bloomberg.com at the corner over there can pick stocks better than professionals? When you invest into a broadly-diversified instrument like an ETF, you’re not putting your hopes into a single company or management team. You’re investing into the collective capabilities of the most brilliant business minds in the world. Yes, things may still go up and down. You may still get alarmed if your assets drop below your buying price. But over long periods of time, the human race has always continued to prosper and grow richer. Have faith. Invest for the long term How long? Most industry professionals say you need at least 3-5 years of time when investing. But I like to think further than that. If this is really the mother of all depressions like the 1930s, it might take decades to recover. I suggest you get comfortable investing for your retirement, not to aim to cash out in 5 years. What if you need the money sooner? Say, you’re keeping money for your upcoming wedding in 3 years, or you’re really planning to retire in 10. Park it in lower-risk funds instead. You’ll likely earn less, but the value should hold steadier. Again, it’s super easy to do this via robo-advisors. Just select a lower-risk portfolio and let the investing magic happen. (Interested in more “what assets should I buy?” discussions? Check out my detailed article about risk, reward, and how exactly I built my own investment portfolio here.) Be careful with debt (only invest money you don’t need) Another question I’ve been getting a lot is: “Now that interest rates are so low, should I borrow to invest?” Generally speaking, no. You should never borrow to invest. Because interest rates — whether it’s for loans or investments — rise or fall together. So you’re not gonna find a situation where your risk-free return in an investment is higher than your interest rate for a loan. (The only exception might be Amanah Saham Bumiputra (ASB) and ASB Financing, so please consider that if you’re bumi.) “But P2P lending can give me 14%, while a banker offered me a personal loan at 4.5%! Surely that makes sense?” It doesn’t. First, advertised interest rates are always much lower than effective interest rates (e.g. the real rate you pay for a 4.5% personal loan is >8%.) Secondly, returns on high-risk investments are not guaranteed (and most will crash in tough times), but you definitely still need to pay your loans. So don’t “invest” with money you don’t have. That’s gambling. In fact, I’d go so far as to say: Only invest with money you don’t need. If you’re worried about making losses, then should you even be investing? As we first discussed, your first priority is survival — so any “worry money” actually belongs in savings or capital-guaranteed investments. Investing when you’re scared — master your emotions We’ve discussed a lot of technical things. But managing your emotions might be the most important point of all. Especially now. It’s okay to feel fear; it’s okay to feel pain. There’s absolutely nothing wrong with retreating so you can fight another day. And a good rule for life is to acknowledge your feelings, instead of hiding from them. But I know some of you reading this are in good financial positions. You’ve budgeted, saved and invested wisely so far. You’ve got those all-important emergency savings; and discipline. To you I say: This is your time. This is your time to move boldly while others shrink in fear. You’ve prepared for this, so keep investing. There will still be ups and downs, and you’ll have to deal with huge uncertainty. But find courage and stay true to the path — and the gains when things rebound one day will be deservedly yours. Fortunes were made by the brave in the previous financial crisis. I hope you’ll grow yours tremendously in the next one. “A gem cannot be polished without friction, nor a man perfected without trials.” – Seneca – There’s two sides of extremism I often see: one is doing nothing when something goes wrong. The other is doing too much when all you need is patience. Wisdom is knowing where to stand on the spectrum. Although I can’t prescribe you a step-by-step plan for your situation, I hope this article has given you useful perspectives about investing in difficult times. Because while we can’t control the winds of the economy and the tides of the markets, we can take certainty in the only thing we actually control: our own actions. So prioritize survival. Have faith and patience. Then boldly invest for the future. I’ll see you on the other side. Aaron Tang is the founder of mr-stingy.com. He writes about optimising time, money, and relationships – to make the most out of life. (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "https://connect.facebook.net/en_US/sdk.js#xfbml=1&appId=428626330554993&version=v2.9"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); HEROKITA.com | Digital Talents On Demand Source link