Friday, September 7, 2007

Budget 2008

105. The Government had announced in the 2007 Budget that all PLCs are required to disclose CSR activities in their annual financial reports. Beginning financial year 2008, PLCs will be required to disclose their employment composition by race and gender, as well as programmes undertaken to develop domestic and Bumiputera vendors. The private sector should leverage upon the strength of Malaysia’s diversity by employing Malaysians from all ethnic groups.

Full Budget 2008 text here

There are several serious implications on the recruitment & talent management philosophy in any PLCs that I can think of. Cuma tak sure either it is for better or worse.

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