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YOURSAY | Malaysia is already the 'sick man' of Southeast Asia


YOURSAY | Malaysia is already the sick man of Southeast Asia
Modified8 Feb 2021, 2:15 am
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MaLusia Forever: Malaysia is already the sick man of Asean. The income per capita (in US dollar) has been flatline for almost 10 years, while the rest of Asean goes up.
Malaysia can t add value to its economy, like South Korea or Singapore; and can t compete in terms of labour cost with Indonesia or Vietnam.
It hasn t done anything significant to improve education standards to be at par with the best (see Malaysia s Programme for International Student Assessment [Pisa] rankings) - a prerequisite to moving up to developed nation status. So, businesses compete on being cheap by importing foreign labour. ....

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