Monday, 05 Apr 2021 06:10 PM MYT
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APRIL 5 — The past few weeks have shown what Malaysia can do when it aims high. The maiden win of national shuttler Lee Zhi Jia who emerged victorious in the All England Open Badminton Championships, the world’s oldest and most prestigious badminton tournament, is a great metaphor for this kind of spirit – and it should be replicated in the sphere of economic development. On March 16, 2021, the World Bank in Malaysia released a new Flagship Report
A
iming High—Navigating the
Next Stage of Malaysia’s Development which looks at the next frontier of the country’s development as the reality of being a high-income economy becomes all the more apparent. Over the next few years, Malaysia will pass the high-income threshold, calculated in GNI per capita, putting the country on the same bar as the world leading economies.