New economic model needs best human capital

MALAYSIA, which has plans to move up the value chain for certain high-growth industries such as information and communication technology, advanced manufacturing, energy and pharmaceuticals, faces certain obstacles as it struggles to grow its pool of talent workers in a globalised world.

Senior company executives, human capital services and management experts concurred that the country has to build up its human resources quickly to be more competitive in the face of challenges posed by other developing countries and financial hubs, as seen in the growing number of qualified Malaysians moving there.