A STUDY by consulting firm AT Kearney indicated that Malaysia had fallen out of the top 25 destinations for FDI, after having been ranked 22 for the past two years. Among the reasons mentioned are the shortage of high-skilled labour and rising labour costs, both of which form a major component of the cost of doing business in Malaysia.
This encompasses not only salary costs but also compulsory payments to the Employees Provident Fund as well as high training costs.
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