New growth areas to enhance competitiveness

MALAYSIA needs to develop new growth areas as its comparative advantage in order to accelerate its transformation into a high-income nation.

In the Economic Outlook 2023 report, the Finance Ministry said it is important to identify the growth areas that will increase Malaysia’s competitiveness and provide a conducive investment ecosystem through the formulation of facilitative policies.

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Economic Outlook 2023 , Competitiveness , productivity , talent ,

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