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The Malaysian HR market is a dynamic and growing sector, driven by factors such as the country's expanding economy, rising demand for skilled labor, and increasing adoption of technology in HR processes. The market is expected to reach a value of USD 10.2 billion by 2025.
The Malaysian government is a major procurer of HR products and services, spending an estimated USD 1 billion annually. The government procures a wide range of HR products and services, including recruitment, training, payroll, and benefits administration.
The main HR products and services procured by the Malaysian government include:
Recruitment and selection
Training and development
Performance management
Compensation and benefits
Payroll and workforce management
Employee relations
The top authorities for Malaysia HR procurement are:
The Public Service Department (PSD)
The Ministry of Finance (MoF)
The Ministry of Education (MoE)
The Ministry of Health (MoH)
The Ministry of Defence (MinDef)
The top winners of Malaysia HR procurement contracts in recent years include:
SAP Malaysia
Oracle Malaysia
Kronos Malaysia
Ramco Systems Malaysia
Talent2 Malaysia
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