KUALA LUMPUR, Aug 25 — The labour market increased by 2.4 per cent in the second quarter of 2023, with a record of 16.73 million persons despite slower growth in employment and a smaller decline in unemployed persons, according to the Department of Statistics Malaysia today.
“Increased demand for labour by industries has resulted in an increase in employment although at a slower pace in Q2 2023, leading to a reduction in the unemployment rate compared to a year ago. Commenting on the labour demand situation in Q2 2023, he said jobs in the private sector increased by 2.4 per cent to 8.83 million jobs.
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DisruptInvest Summit 2023: Respond.io and Lapasar demonstrate value of getting the business and team rightWhile type of business impacts valuation, one also needs to 'earn' their valuation Lapasar proves Malaysia not too small, possible to buld large, profitable business I recently moderated a session at the DisruptInvest Summit 2023, held in Kuala Lumpur in March. My panellists were; Gerardo Salandra, CEO and founder of Respond.io, which is a WhatsApp conversational software company. Founded in Hong Kong, they moved to Kuala Lumpur before the pandemic. They first raised a seed round of US$250,000 and went on to do three rounds, raising a total of US$10 million.
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