Malaysia reviews policies to attract skilled talents

The Malaysian government will review all policies involving human resources and human capital to retain and attract skilled talents to the local job market, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

“A strategic innovation measure will [also] be created to increase the commercialisation of the country’s technology and innovation following the mismatch of the fields with the needs of the industry,” said the prime minister, reports Bernama.

Malaysia’s Economic Action Council (EAC) noted that the country is facing challenges in creating highly-skilled job opportunities and competition from developed countries which offer higher wages to attract skilled talents.

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“The government is always making efforts to ensure the country is moving forward in line with the technological changes and meeting the current needs of the labour market to ensure the well-being of [the Malaysian family],” added the prime minister.

He said that the government would continue with efforts to develop future talents for Malaysia’s inclusive and sustainable growth, in line with efforts to make the country a high-income nation, driven by the adoption of new technologies, inventions and development of local technologies.