What Can Malaysians Expect in Year 2018?


What Can Malaysians Expect in Year 2018?

As we start the year, let us look at some of the events that Malaysians can be anticipate in the Year 2018.

1. Employment Insurance System (EIS)

The implementation of Employment Insurance System (or EIS) will start this  month, where employers and employees are to contribute 0.2% of employees’ monthly salart, to the EIS, which will benefit employees in the event of loss of employment. The EIS will be administered by SOCSO. Stay tune with MyFreelys Academy for training classes on the updates.

2. Maternity Benefits

The one budget announcement that went viral was the increase of maternity leave from the current 60 days to 90 days. We are still awaiting the official announcement on when the ruling will start. Do also stay tune with MyFreelys Academy for the latest updates.

3. PRU-14

No one knows exactly when the 14th General Elections (Or Pilihanraya Umum Ke-14) will take place, but for sure, that the mandate the current government has is for it to take place by 24 August 2018. So, be a responsible citizen and exercise your right to vote. That said. have you registered as a voter?  

4. The Exchange 106

A skyscraper to top the current tallest structure, the Petronas Twin Towers, is being developed by the Mulia Group. The Exchange 106 is expected to be completed by June 2018. When completed, the tower will be the tallest structure in Malaysia and Southeast Asia at 492 meters, 40 meters higher than the Petronas Twin Towers. So Instagrammers, get your cameras ready and brace yourselves for the new tallest addition to the KL skyline.

(Image credit The Star Online)

5. Proton Boyue?

Looking for a new car? Following the partnership between Proton and Geely in 2017, Proton is said to be releasing its first SUV model by the end of 2018. The SUB would be modeled after Geely’s bestseller in China. the Boyue. The name of the new model is yet to be known, but Proton is said to be retaining its brand name to the car instead of Geely’s.

(Image credit: TopGear Malaysia)

6. WeChat Pay

Last year, we had Alibaba launching Alipay with several banks in Malaysia. This year, we will see another e-payment solution provider, WeChat Pay, making forays onto Malaysian shores. The company behind WeChat, Tencent Holdings’s has obtained an e-payment license to operate in Malaysia, to enable WeChat users tolink bank accounts to WeChat to pay for goods and services in Ringgit. Malaysia is Tencent’s first overseas market outside China to roll out WeChat Pay.

(Image credit: Facebook)

7. Bangkok’s Artbox

Bangkok’s artbox is coming to town! Shopaholics can now look forward to the popular container flea market in Malaysia. The exact date and location is yet to be known but it is said to be in February 2018.

(Image credit: Bangkok.com)

8. International Sporting Events

Last but not least, 2018 will see a galore of international sporting events. Here are the events that most Malaysians would look forward to.

Winter Olympics (February 9 – 25)

The 2018 Winter Olympics will be held in PyeongChang, South Korea. For the first time ever, the Malaysian flag will be flown at a Winter Olympics, thanks to Julian Yee and Jeffrey Webb who will be taking part in figure skating and Alpine Ski Racing events respectively.

(Image credit: TheSun Daily)

Commonwealth Games (April 4 -15)

The 21st Commonwealth Games will be hosted at Gold Coast, Australia. There are 69 participating nations scheduled to compere at 2018 Commonwealth Games.

Be sure to cheer on the Malaysian Team as we wish them all the best for the competition!

(Image credit: Wikipedia)

BWF Thomas Cup and Uber Cup (May 20 – 27) 

The biannual sporting event will be held at Bangkok, Thailand. Cheer on our favorite badminton stars as they battle their hearts out for the team crowns!

(Image credit: Astro Awani)

World Cup 2018 (June 14 – July 15)

This is the one event, most anticipated by many football fans happening once in every 4 years. The World Cup 2018 will be held in Russia. That means for Malaysia, the time difference is about 5 hours later, hence most matches would take place after midnight or the wee hours in Malaysian time. As you cheer on your favorite teams, do be responsible and turn up for work.

That’s the round up we have for now. We wish all of you the best and have a Happy New Year! Cheers!

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