Malaysia's Labour Productivity Puzzle
Dr Geoffrey Williams, Economist, Malaysia University of Science & Technology
12-Mar-24 08:30
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The government revealed that the level of productivity per worker in Malaysia rose to around RM96,700 in 2023, marking a 0.87% increase from the previous year. This falls below the 2-3% productivity growth target - what accounts for the shortfall? We discuss how best to improve productivity data with economist Dr. Geoffrey Williams of MUST.
Image Credit: Shutterstock.com
Produced by: Moh Heng Ying
Presented by: Shazana Mokhtar, Wong Shou Ning
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Categories: economy
Tags: productivity, progressive wage, economic development,