Latest news with #SOCSO
Focus Malaysia
25-06-2025
- Business
- Focus Malaysia
Who is behind the wheel of commercial vehicles?
ALL commercial vehicles in Malaysia are registered in the names of companies or organisations, and they could be sole proprietorship (syarikat), private limited (sendirian berhad), limited (berhad), partnerships (dan rakan-rakan) or cooperatives. These businesses ought to employ or engage drivers who are licensed to operate commercial vehicles. In addition to the competent driving licence (CDL) for the class of vehicles, they must also possess a valid goods driving licence (GDL) or a public service vehicle (PSV) licence. Light goods vehicles with a laden weight of no more than 7,500kg are classified under 'de-centrolled' and they do not require a commercial vehicle permit. The aim is to facilitate smaller businesses to own and operate their own light trucks or vans to transport their own goods. These de-controlled vehicles could either be driven by the owners or drivers engaged by them, similar to individually-owned taxis (with meters) and hired cars (without meters). As for taxis owned by companies or cooperatives, these businesses have no control over their taxi drivers. Anyone making a down-payment to a taxi company or cooperative may take delivery of a taxi, and is free to do whatever he or she wants, as long as the monthly installments for the rental-purchase are settled on time. Like a bank loan, there is no employer-employee relationship. It was reported that some express and tour bus drivers claimed they receive basic salaries as low as RM700, with some saying they are not paid base salaries at all. In response, the Human Resource Ministry said it will tighten enforcement against parties violating the laws on wages. It reiterated that all companies must pay their employees a minimum of RM1,700 regardless of salary structure, according to the Minimum Wages Order 2024. Offenders may be fined up to RM10,000 for each employee, and up to RM20,000 or jailed five years for subsequent offence. The ministry also said it would carry out a review of 28 labour-related laws through a task force headed by deputy secretary-general (policy and international) Shaharin Umar to ensure that there are no exploitable legal loopholes. However, addressing the elephant in the room is not as straightforward as many people might think. Granted, all full-time employees must be paid at least the minimum salary as dictated by the law and also contribute to both EPF and SOCSO. But many drivers engaged to drive lorries and buses are not full-time employees. Companies may retain them as part-time workers to circumvent the law, or drivers may choose to work part-time as casual workers, and others may prefer to work freelance for several companies. The government ought to make a ruling that all part-time workers that have worked at least 21 days in a calendar month over a three-month period must be offered full-time employment with minimum monthly salary across all industries, and not limited to commercial vehicle drivers. Whether they are full-time, part-time, casual workers or freelancers, vehicle owners must ensure they are fully licensed for the class of vehicles they are driving, such as the CDL plus GDL or PSV, and they are well rested before embarking on long trips especially overnight runs. Alas, operating commercial vehicle businesses started to turn messy with the introduction of the New Economic Policy (NEP) in 1970 and the Road Transport Licensing Board (RTLB) tasked to ensure that almost all vehicle permits are to be granted to Bumiputera-owned companies. This was continued after RTLB was renamed Commercial Vehicle Licensing Board (CVLB) in 1987 and the Tourism Ministry took over the issuance of Bas Persiaran permits later until it was taken over in 2011 by the Land Public Transport Commission (SPAD) in peninsular Malaysia. As a result, many commercial vehicles are operated by unnamed third parties who had to lease permits and also register the vehicles in the name of the lessors. These include individuals who lease Bas Persiaran permits from companies and drive their own tour buses. ‒ June 25, 2025 YS Chan is master trainer for Mesra Malaysia and Travel and Tours Enhancement Course and an Asean Tourism Master Trainer. He is also a tourism and transport business consultant. The views expressed are solely of the author and do not necessarily reflect those of Focus Malaysia. Main image: Bernama
Barnama
23-06-2025
- Business
- Barnama
Kuala Lumpur To Host World Social Security Forum 2025
REGION - CENTRAL > NEWS KUALA LUMPUR, June 23 (Bernama) -- Malaysia will once again be the focus of the world's attention when Kuala Lumpur was chosen to host the World Social Security Forum (WSSF) 2025, which will take place from Sept 29 to Oct 3 this year at Kuala Lumpur Convention Centre (KLCC). The Social Security Organisation (SOCSO) in a statement announced that the forum organised by the International Social Security Association (ISSA) is themed 'Shaping Social Security for a World in Transition' and will bring together more than 1,500 delegates from 164 countries. "WSSF 2025 will be a strategic platform to explore futuristic ideas and innovations in empowering social security systems that are more relevant, inclusive and resilient in facing today's global challenges," according to the statement. bootstrap slideshow The forum will discuss various issues related to global demographic change, labour market dynamics, technological advancements and the sustainability agenda that affect the future of social security systems internationally. According to SOCSO, the forum is expected to be attended by national leaders, ministers, chief executive officers, technical experts and representatives of international organisations from among the 336 ISSA member organisations. "Among the main contents are more than 80 interactive sessions such as plenary sessions, panel workshops, tutorial sessions and the ISSA Innovation Zone, making the forum a holistic experience in knowledge exchange and cross-country cooperation," according to the statement. SOCSO also announced that for the first time, the International Social Security Video Festival and Awards will be introduced to highlight the commitment to the promotion of social security, in addition to the ISSA Outstanding Achievement Award which will be given to countries with exceptional achievements in strengthening the social protection system. The WSSF 2025 is being organised jointly by ISSA in collaboration with SOCSO and the Employees Provident Fund (EPF), and supported by the Retirement Fund Incorporated (KWAP) and the Implementation Coordination Unit, Prime Minister's Department (ICU JPM) as the secretariat of the Malaysian Social Protection Council (MySPC). More information about the forum can be found on the official website:
The Sun
23-06-2025
- Business
- The Sun
Kuala Lumpur to host World Social Security Forum 2025
KUALA LUMPUR: Malaysia will once again be the focus of the world's attention when Kuala Lumpur was chosen to host the World Social Security Forum (WSSF) 2025, which will take place from Sept 29 to Oct 3 this year at Kuala Lumpur Convention Centre (KLCC). The Social Security Organisation (SOCSO) in a statement announced that the forum organised by the International Social Security Association (ISSA) is themed 'Shaping Social Security for a World in Transition' and will bring together more than 1,500 delegates from 164 countries. 'WSSF 2025 will be a strategic platform to explore futuristic ideas and innovations in empowering social security systems that are more relevant, inclusive and resilient in facing today's global challenges,' according to the statement. The forum will discuss various issues related to global demographic change, labour market dynamics, technological advancements and the sustainability agenda that affect the future of social security systems internationally. According to SOCSO, the forum is expected to be attended by national leaders, ministers, chief executive officers, technical experts and representatives of international organisations from among the 336 ISSA member organisations. 'Among the main contents are more than 80 interactive sessions such as plenary sessions, panel workshops, tutorial sessions and the ISSA Innovation Zone, making the forum a holistic experience in knowledge exchange and cross-country cooperation,' according to the statement. SOCSO also announced that for the first time, the International Social Security Video Festival and Awards will be introduced to highlight the commitment to the promotion of social security, in addition to the ISSA Outstanding Achievement Award which will be given to countries with exceptional achievements in strengthening the social protection system. The WSSF 2025 is being organised jointly by ISSA in collaboration with SOCSO and the Employees Provident Fund (EPF), and supported by the Retirement Fund Incorporated (KWAP) and the Implementation Coordination Unit, Prime Minister's Department (ICU JPM) as the secretariat of the Malaysian Social Protection Council (MySPC).
New Straits Times
23-06-2025
- Business
- New Straits Times
Kuala Lumpur to host World Social Security Forum 2025
KUALA LUMPUR: Malaysia will once again be in the global spotlight as Kuala Lumpur has been selected to host the World Social Security Forum (WSSF) 2025, which will take place from Sept 29 to Oct 3 this year at the Kuala Lumpur Convention Centre (KLCC). The Social Security Organisation (SOCSO) said in a statement that the forum, organised by the International Social Security Association (ISSA), is themed "Shaping Social Security for a World in Transition" and is expected to bring together more than 1,500 delegates from 164 countries. "WSSF 2025 will be a strategic platform to explore futuristic ideas and innovations in empowering social security systems that are more relevant, inclusive and resilient in facing today's global challenges," the statement said. The forum will address a range of issues related to global demographic shifts, labour market dynamics, technological advancement, and the sustainability agenda, all of which impact the future of international social security systems. According to SOCSO, attendees will include national leaders, ministers, chief executive officers, technical experts and representatives from international organisations, representing the 336 ISSA member institutions. "Among the highlights are over 80 interactive sessions, including plenary discussions, panel workshops, tutorials, and the ISSA Innovation Zone, making the forum a comprehensive platform for knowledge sharing and cross-country cooperation," the statement said. SOCSO also announced the debut of the International Social Security Video Festival and Awards, aimed at promoting awareness and commitment to social security. In addition, the ISSA Outstanding Achievement Award will be presented to countries that have demonstrated excellence in strengthening their social protection systems. The WSSF 2025 is being organised jointly by ISSA in collaboration with SOCSO and the Employees Provident Fund (EPF), and supported by the Retirement Fund Incorporated (KWAP) and the Implementation Coordination Unit of the Prime Minister's Department (ICU JPM), which serves as the secretariat of the Malaysian Social Protection Council (MySPC). — BERNAMA
The Sun
20-06-2025
- General
- The Sun
M'sian woman gets RM8.9K PERKESO claim in just 3 days
A Malaysian woman who fractured her foot while on the way to work recently shared how she managed to receive her PERKESO (SOCSO) claim within just three days. @mikaylamajla said in a Threads post that she submitted her documents on 10 June this year and successfully received a claim from the Social Security Organisation (PERKESO) amounting to RM8,944. Mikayla explained that she had fractured her foot after falling into a drain while dropping off her child at school. At the hospital, doctors informed her that she had sustained fractures in seven different areas and was given two months of hospitalisation leave. That was when she decided to apply for compensation under PERKESO's 'temporary disablement' benefit. She added that she was eligible for the claim even though the incident happened while she was sending her child to school, explaining that she is a single mother. 'If any of you get into an accident on the way to the office, on the way back home from work, or even during working hours and end up in hospital or receive medical leave (MC) for more than seven days, you are eligible to claim temporary disablement benefits. This is your right,' Mikayla said. She advised that after an accident, one should first visit a clinic to get checked, then request a referral letter to a hospital. A specialist at the hospital will then treat the injury and issue a medical certificate (MC). Mikayla stressed the importance of obtaining the MC, as it helps expedite the PERKESO claim process. She also listed the required documents, highlighting that they must be submitted within three months from the date of the accident. According to Mikayla, the necessary documents include: - Form 34 - A copy of your national identification card (IC) - The original MC (make sure to obtain two original copies from your doctor) - Payslips for six months from the date of the accident - An attendance record for the month of the accident - A bank statement (from a local bank only) - A police report from a police station near the accident site - A sketch map clearly showing the route from your home to your workplace Mikayla submitted all the documents to her company's human resources (HR) department and highlighted that the Form 34 must be signed by HR before being submitted to PERKESO. She mentioned that while it is possible to send the documents to PERKESO via email, she chose to submit them in person to ensure a smoother process. 'After speaking to my family and friends, I realised that many of them who were involved in accidents during their work commute didn't know they could claim from PERKESO. That's quite sad. 'Please remember your rights as a PERKESO member,' Mikayla emphasised in her Threads post.
