Income earning ability poised to get a lift

With the new focus on energy transition, technology and digitalisation, Rafizi believes the multi-application of startups will add to the complexity of the Malaysian economy. — Bernama

PETALING JAYA: The growth acceleration of technology startups and the increased conduciveness for tech companies in the country will go a long way in raising the income earning ability of Malaysians, says Economy Minister Rafizi Ramli.

He said the biggest challenge in actually overcoming the middle income trap for the last two decades or so has been the lack of complexity of the local economy.