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Sunday, 28 April 2013
Sunday, 21 April 2013
Foreign workers' salary
We are number 11 out of 170 nations in the world!
Current total Malaysian workforce is at 12.7 million. We are spending
USD 6.5 Billion = RM20 Billion / annually for these workers and they
will repatriate a portion of this money back home.
Malaysia needs foreign labour to fill in gaps but do we risk lowering
market wage rates for Malaysians, social illnesses, and large outflow of
funds in remittances?
Labels:
economic
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