Malaysia brain drain initiative

Though foreign investment in Malaysia has increased from 1.4bn in 2009 to almost 9bn in 2010, a World Bank reports that there might be some economic instability due to the “brain drain” affecting the country’s young professionals.  Few domestic opportunities force educated workers to outside markets where the Malaysian economy does not necessarily see benefits from their work.

The Malaysian Prime Minister Datuk Seri Najib Tun Razak announced a “Talent Corp” to address the problem.  One angle is to continue to seek foreign investment in Malaysian companies.  Another seeks to offer a 15% flat tax rate for 5 years to those Malaysian professionals returning home. He also promised many other initiatives to combat the problem of the “brain drain”.

 



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Though foreign investment in Malaysia has increased from 1.4bn in 2009 to almost 9bn in 2010, a World Bank reports that there might be some economic instability due to the “brain drain” affecting the country’s young professionals.  Few domestic opportunities force educated workers to outside markets where the Malaysian economy does not necessarily see benefits from their work. The Malaysian Prime Minister Datuk Seri Najib Tun Razak announced a “Talent Corp” to address the problem.  One angle is to continue to seek foreign investment in Malaysian companies.  Another seeks to offer a 15% flat tax rate for 5 years to...

Though foreign investment in Malaysia has increased from 1.4bn in 2009 to almost 9bn in 2010, a World Bank reports that there might be some economic instability due to the “brain drain” affecting the country’s young professionals.  Few domestic opportunities force educated workers to outside markets where the Malaysian economy does not necessarily see benefits from their work.

The Malaysian Prime Minister Datuk Seri Najib Tun Razak announced a “Talent Corp” to address the problem.  One angle is to continue to seek foreign investment in Malaysian companies.  Another seeks to offer a 15% flat tax rate for 5 years to those Malaysian professionals returning home. He also promised many other initiatives to combat the problem of the “brain drain”.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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