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Analysis: Long road ahead for Malaysia as it renews efforts to cut dependence on foreign labour

Traditionally labour-intensive industries urged the government to give them more time to automate their processes and attract more locals to what would hopefully be higher-paying jobs. ....

Kota Tinggi , Rafizi Ramli , Adrian Pereira , North South Initiative , Un International Organization For Migration , While Malaysia , Economy Minister Rafizi Ramli , Malaysia Plan But , Foreign Workers , Cheap Labour ,

Transcripts for BBCNEWS Asia Business Report 20240604 02:31:00

Are the closest estimation to its sales figures. 0ur north american business correspondent reports. byd calls itself the biggest car brand you have never heard of. but that may be about to change. the chinese automaker sold more battery powered electric vehicles in the last three months of the year than tesla did. that is a first. the american company is facing headwinds. higher borrowing costs in the us led to slowing demand but its lesser known chinese rival is enjoying tail winds, including a massive domestic market, cheap labour, and strong government support. and unlike tesla, byd makes its own batteries. so controlling that part of the supply chain gives byd more flexibility to cut prices, which it did in the last part of the year, sending sales spiking. as my colleague has just reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around 3 million in sales last year but that number comprises both electric cars ....

Sales Figures , Car Brand , Business Correspondent Reports , North American , The American Giant Tesla , Domestic Market , Borrowing Costs , Tail Winds , United States , Electric Vehicles , Cheap Labour , Supply Chain , Dev Maker , 3 Million ,

Transcripts for BBCNEWS Asia Business Report 20240604 01:31:00

The closest estimation to sales figures. 0ur north american business correspondent reports. byd calls itself the biggest car brand you have never heard of. but that may be about to change. the chinese automaker sold more battery powered electric vehicles in the last three months of the year than tesla did. that is a first. the american company is facing headwinds, higher borrowing costs in the us led to slowing demand but its lesser known chinese rival is enjoying tail winds including a massive domestic market, cheap labour, and strong government support. and unlike tesla, byd makes its own batteries. so controlling that part of the supply chain gives byd more flexibility to cut prices which it did in the last part of the year, sending sales spiking. as my colleague has just reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around 3 million in sales last year but that number comprises both ....

Sales Figures , Car Brand , United States , Business Correspondent Reports , Electric Vehicles , Borrowing Costs , Domestic Market , Supply Chain , Cheap Labour , Dev Maker , 3 Million ,