MALAYSIA is on its way to becoming a high-income nation. Based on the World Bank’s 2025 analysis, Malaysia’s economic growth trajectory could lead it to attain “high-income” status in 2028.
Nonetheless, the nation still has some areas to focus on to achieve this status, namely, tackling youth underemployment and unemployment, which affects the welfare of the young workforce. Human capital is the cornerstone of a country’s economic growth and welfare. Therefore, developing, upskilling and reskilling the labour force is imperative to sustain economic prosperity in this digitalised world economy.
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