Research centre chief says foreign investment in Malaysia has not been accompanied with sufficiently high wages for Malaysian workers. FMTNews FactoryWorker
High foreign investment in Malaysia did not lead to high wages for Malaysians, says Liew Chin Tong.
He noted how countries such as the United States had long outsourced their manufacturing processes to China and other Asian nations, and said such foreign investment in Malaysia had not been accompanied with sufficiently high wages for Malaysian workers. He said the many Malaysians who worked in Singapore’s services sector now had no choice but to return home as the industry was struggling to recover from the pandemic.
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