Malaysia's economy has been stagnating for the past decade and is now trailing badly behind its neighbours.
Second Finance Minister Ahmad Husni Hanadzlah (left) told an economic outlook conference that Malaysia was trapped in a low-value-added, low-wage and low-productivity structure and added that among its peers - China, India, Vietnam, Indonesia, Philippines and Thailand, Malaysia's economic growth over the past three years was second-lowest.
Read more @ AFP.
Second Finance Minister Ahmad Husni Hanadzlah (left) told an economic outlook conference that Malaysia was trapped in a low-value-added, low-wage and low-productivity structure and added that among its peers - China, India, Vietnam, Indonesia, Philippines and Thailand, Malaysia's economic growth over the past three years was second-lowest.
Read more @ AFP.
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