Malaysia on track to achieve high-income nation status

Manokaran Mottain: For Malaysia to achieve a high-income status, it is also crucial to have a labour market with high productivity and a skilled workforce

THE World Bank recently reckoned that Malaysia will likely transition from an upper-middle-income to a high-income nation between 2024 and 2028.

While Malaysia has long been a middle-income country, achieving a high-income nation status will essentially require collaborative, strategic efforts from all parties involved.