Productivity growth expected to be at 3% this year

Tengku Zafrul said that productivity could be improved by the public and private sectors prioritising employees’ wellbeing and supporting a decent standard of living for them.

KUALA LUMPUR: Malaysia’s productivity growth in 2023 is expected to be moderate at 3% “amid continuous challenges in domestic and global economies,” says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

He said that more needs to be done to boost Malaysia’s productivity and competitiveness to improve the economy.