Malaysia needs to reinvent workforce or risk losing competitive edge


Main pillar: A man works at an automotive plant in Pegoh, Melaka. The country’s large demographic comprising young talent, with a strong grasp of the English language and a wide variety of skills, is the foundation of the country’s economic growth.

PETALING JAYA: Malaysia needs to reinvent its workforce or risk losing its competitive edge, according to HSBC Asia-Pacific general manager and head of human resources David Thomas.

In order to meet the needs of a rapidly changing world with major developments in technology and to achieve its goal of becoming a high-income economy, he said it is crucial for the country to reinvent its workforce or risk losing out to more progressive countries.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trading ideas: IOIPG, Genting, MRCB, LCTitan, ES Sunlogy, NTPM, Mudajaya, Varia, Destini, A1, Dnex, Tanco
Wall Street closes slightly down on renewed tensions between US, Iran
Foreign worker policy shift to aid Manforce recovery
IEA: Increase in renewable energy curbs 2025 emissions
Exsim Hospitality job wins beat expectations
Siemens warns EU over restrictive rules�
Latest DC job win shores up Gamuda’s outlook
SunCon on track to achieve order-book target
Is it time to abandon hope the Strait of Hormuz will open soon?
Inflation pressures to build as conflict drives up costs

Others Also Read