A massive intervention is required to prevent the economic fabric of the nation from disintegrating. What are the immediate efforts required to “flatten the recession curve”, and why it is important to do it, now.
Our post-crisis recovery efforts should be planned well in order to rebuild the country for a stronger and more resilient economy and society under the idea of “build back better”.
Rethinking the country’s income classification model and continuing to combat corruption must be the top priority for the current government to improve Malaysia’s economy.
With a stimulus package due to be announced soon, the government has a great opportunity to work towards a skills-oriented labour market and hence prioritises the wellbeing of Malaysians. As a starting point, we should consider the Singapore factor in the Malaysian labour market.
REFSA opines that the newly enforced RM1,200 minimum wage is a good start and attempt to address inequality in pay
The article emphasizes the importance of openness and transparency to address the high wage gap between employers’ and employees’ income.
he Economy of Tomorrow roundtable highlighted the important role of government policies in creating secure employment, improving job security and social protection for youth, as well as restructuring industries towards more productive, knowledge-intensive sectors…
REFSA urges the reform of gig economy, especially its taxation system, so that the nation can be truly beneficial from the model of shared economy.
REFSA looked at how the vision of “shared prosperity” can be felt by all through higher wages and better jobs