Grab Malaysia urges balanced, flexible rules in upcoming Gig Workers Bill

0
3K

Grab Malaysia has called for a balanced, flexible rules in upcoming Gig Workers Bill in Malaysia.

The firm said in a statement on Thursday that in line with previous feedback shared alongside industry players, it believes that the bill should be underpinned by three essential principles: flexibility, balance, innovation and collaboration.

According to the statement, Grab supports regulations that protect workers’ flexibility and income opportunities that the gig economy offers.

However, it noted that excessive regulations can stifle innovation, disrupt operations, and reduce gig opportunities.

It opined that smaller players may face challenges competing due to high compliance costs.

Additionally, since gig work is effort-based, it highlighted that a one-size-fits-all policy may not be appropriate.

Grab also urged for a clear, fair and inclusive Bill, that does not stifle innovation and undermine Malaysia’s digital economy.

According to the firm, unclear policy alignment will lead to poor implementation of the bill, potentially harming the very people the bill seeks to protect.

Hence, it opined that a thorough regulatory impact assessment and gradual policy implementation is essential to avoid unintended consequences such as higher consumer costs or reduced gig worker earnings.

This also allows businesses to plan for the necessary resources to comply with regulations, it added.

Grab also said it continuously welcome a more thoughtful, inclusive, and data-driven approach that ensures regulations serve the long-term interests of all stakeholders.

Given the diverse and rapidly evolving nature of the gig economy, Grab emphasizes the need for close collaboration between regulators, platforms, and gig workers.

It is also crucial that the regulatory framework considers all types and natures of gig work, not just platform-based work, to ensure fairness and inclusivity across the sector, it said.

It noted the framework should encourage innovation while protecting workers’ independence and adaptability to meet future needs.

“At its core, Grab has been focused on creating flexible earning opportunities for our driver- and delivery-partners, enabling them to decide their own work patterns and hours,

“Over the years, the company has invested heavily in their welfare, providing group personal accident insurance coverage, facilitating contributions to social protection schemes, offering upskilling and professional development programs, and extending day-to-day benefits such as fuel discounts,” it said.

It also said the firm is committed to actively engage in further discussions that will shape effective and balanced regulations that protect gig workers and drive growth in Malaysia’s digital economy.

“By working together, we intend to co-create a framework that not only protects gig workers but also, drives innovation and inclusive growth for years to come,” it said.

It is noted that Grab Malaysia has been invited to participate in a discussion about Gig Workers Bill with the Finance and Economy Select Committee at Parliament on August 18.

This discussion was chaired by Indera Mohd Shahar Abdullah, who is also Paya Besar Member of Parliament.

“We remain committed to collaborative efforts to ensure that regulations are thoughtfully crafted to reflect the realities of gig work, prioritizing good regulations, rather than rushed regulations, for the benefit of all stakeholders,” said Grab.



#GigEconomy #FlexibleWork #DigitalEconomy #InclusiveRegulation #InnovationAndCollaboration

Sponsor
Zoeken
Sponsor
Categorieën
Read More
Networking
Foxconn partners with NVIDIA to build AI Factory in Taiwan
Taiwan-based Hon Hai Technology Group (Foxconn) announced Monday that it is partnering with...
By Ifvex 2025-05-25 09:15:21 0 9K
Food
Peach Dumplings
There are only a few ingredients in these pretty peach dumplings, making them easy to pull off in...
By Recipes 2025-02-10 16:49:39 0 11K
Health
Singapore’s UltraGreen secures $188M strategic investment led by 65 Equity Partners, Vitruvian Partners
UltraGreen.ai (UltraGreen), a Singapore-based fluorescence-guided surgical technologies and...
By Ifvex 2025-09-23 12:10:29 0 2K
Networking
Luno expands Malaysia’s digital asset list with two new coins
Global cryptocurrency company Luno has expanded its list of digital assets with the launch of two...
By Ifvex 2025-04-28 07:57:46 0 9K
Networking
MSIA: 44 percent of Malaysia’s E&E companies optimistic about business performance in first quarter
44 percent of Malaysian electrical and electronics (E&E) companies are optimistic about their...
By Ifvex 2025-01-08 12:21:24 0 14K
Ifvex https://ifvex.com