Malaysia needs economic transformation to boost productivity

KUALA LUMPUR: Malaysia needs an underlying structural economic transformation to increase productivity growth, according to the World Bank.

East Asia and Pacific Regional vice-president Manuela V. Ferro highlighted that while the country has done relatively well compared to its regional peers, it has lagged its global aspirational peers that have nearly three times the productivity levels.

Source link

About mysme

Check Also

Preserving cultural heritage essential for shared future, Business News – AsiaOne

PETALING JAYA, Malaysia, Sept. 6, 2024 /PRNewswire/ — A news report from www.chinadailyasia.com[1]: Asian media …

Leave a Reply

Your email address will not be published. Required fields are marked *