Malaysia’s widening income gap between rich and poor


Launch of State of Households 2018: Different Realities. From left to right: Datuk Hisham Hamdan, Dr Nungsari Ahmad Radhi, Allen Ng, Dr Suraya Ismail, Junaidi Mansor.

KUALA LUMPUR: The gap in income between the rich, middle class and poor in Malaysia has widened since 2008, according to a study by Khazanah Research Institute (KRI).

In its “The State of Households 2018” report, the research outfit of sovereign wealth fund Khazanah Nasional Bhd noted that the gap in the real average income between the top-20% households (T20) and the middle-40% (M40) and bottom-40% (B40) households in Malaysia has almost doubled compared to two decades ago.

Save 30% and win Bosch appliances! More Info

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

KLIA ranks among Top 10 airports globally with near-perfect score in 2024 ASQ survey
AmanahRaya REIT manager appoints Mohd Iskandar Dzulkarnain Ramli as MD
Oil prices rise as US vows to keep attacking Houthis
US meat exports at risk as China lets registrations lapse
FBM KLCI paces higher as region gets lift from China's prospects
Lower plant utilisation weighs on PetChem's prospects
Hospitals, insurers unlikely to be impacted by higher GP fees
HHRG shareholder calls for removal of entire board
Foreign funds dump RM1.34bil in Bursa Malaysia equities
Ringgit opens higher as US govt shutdown averted

Others Also Read