Economist: Manage labour issues to achieve high-income economy

  • Banking
  • Saturday, 31 Mar 2018

Cheap manpower: While Malaysia has clearly benefitted from the presence of foreign workers, the role that foreign workers play in the Malaysian economy must keep up with the times.

WHY are wages still low in Malaysia?

Well, there are six words to describe the main reason for this – “high dependence on low-skilled foreign workers”.

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Business , Bank Negara , foreign labour


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