Upsurge in skilled expats

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Upsurge in skilled expats
MEFMTUCEconomist
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NEW DELHI: Malaysia's former health minister Khairy Jamaluddin Abu Bakar has been named a member of India-based Fischer Medical Ventures Ltd's board.

PETALING JAYA: Malaysia has become a magnet for skilled foreign professionals, with the number of expatriates entering the country surpassing pre-pandemic levels.

There is a need for specific expertise in sectors such as aerospace, manufacturing and construction. These sectors require expertise in emerging technologies such as machine learning, automation and data analytics. An expatriate is a skilled professional, who is a non-citizen or a permanent resident who is allowed to work in Malaysia on a contract or temporary basis.

The Statistics Department’s 2023 fourth quarter report revealed that Malaysian labour share in the skilled category only amounted to 25% of the total filled jobs.

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