'High-income nation with shrinking wage share?'
Koh Jun LinPublished: Apr 11, 2015 6:00 PM | Updated: Apr 11, 2015 10:55 PM
Malaysia may be aiming to become a high-income nation, but ironically the portion of Malaysia’s economy that is going into worker’s wages is set to decline over the next few years.
Interest group BlindSpot cofounder Azlan Awang said this is based on the figures from the Performance Management and Delivery Unit’s (Pemandu) projections for the year 2020.
UPDATED 9.03PM
Share of wages in economy will shrink to 21pct in 2020.
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