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Malaysia

Malaysia’s digital future needs faster Internet

Siddhartha Raja's picture
As an early pioneer in the digital economy, Malaysia has many of the building blocks to leapfrog to a new digital future, but the country will need faster Internet to go the next mile. Photo: bigstock/ mast3r
About 20 young women in the eRezeki center in Shah Alam, Malaysia work quietly on their computers as the class proceeds. They are there to learn about how to work online to earn  an income. On banners nearby are vignettes of Malaysians—many from the bottom 40% of the income group, and the primary target group for this program—who have benefited from these opportunities. One businesswoman selling clothes and furniture online since 2013 saw her monthly sales increase ten-fold after learning how to better market her products online.  A retired lecturer learnt about online work opportunities and began performing dispatch services for delivery apps, earning over RM 2,400 (~US$580) a month.

Belanjawan 2019 – Langkah Pengimbangan bagi Kerajaan Malaysia Baharu

Firas Raad's picture
Also available in: English
Belanjawan negara terbaru Malaysia memperlihatkan beberapa langkah yang menggalakkan. Cara kerajaan Malaysia mengimbangkan keutamaannya akan menjadi kunci untuk memastikan populasi berpendapatan rendah dapat berpeluang untuk berkongsi dalam faedah hasil pembangunan negara. Foto: Samuel Goh

Belanjawan negara 2019 yang dinanti-nantikan dan yang baru dibentangkan oleh Menteri Kewangan Malaysia, Yang Berhormat Lim Guan Eng pada Jumaat lepas ditampilkan pada ketika Malaysia sedang menempuhi detik-detik mencabar. Dari aspek luar negara, eksport Malaysia kian berdepan hambatan yang semakin meruncing – berbanding rintangan yang diharungi dalam beberapa tahun belakangan – rentetan ketegangan dagangan yang kian mendesak serta pertumbuhan global yang kian muram. Sementara  dari aspek dalam negara pula, besar kemungkinan, penekanan terbaharu untuk mengekang lambakan hutang Kerajaan serta liabiliti yang sedang ditanggung, bakal menyempitkan ruang fiskal dan menghambat kerancakan aktiviti ekonomi susulan pelaburan awam – tidak seperti dahulu. Dalam situasi sebegini, Malaysia terpaksa lebih bergantung pada penggunaan dan pelaburan swasta bagi menyokong pertumbuhan ekonomi pada tahun-tahun mendatang.

Malaysia budget 2019 – A balancing act for the new government

Firas Raad's picture
Also available in: Bahasa Melayu
Malaysia’s latest budget points to many encouraging directions. How the government balances its priorities is key to ensuring low-income populations get to share in the benefits of development. (Photo: Samuel Goh/World Bank)

The unveiling of Malaysia’s much-anticipated 2019 budget last Friday by the Minister of Finance, Lim Guan Eng comes at a challenging time for the country. On the external side, Malaysia’s exports are facing growing headwinds – as opposed to the fair winds of recent years – due to heightened trade tensions and slower global growth. On the domestic front, a new emphasis on addressing the stock of government debt and contingent liabilities is likely to narrow fiscal space and prevent public investment from driving economic activity as it did before. In this situation, Malaysia will depend more on private consumption and investment to support economic growth in the next few years.

Malaysia Baharu yang Inklusif

Kenneth Simler's picture
Also available in: English
Perjalanan Malaysia menuju ke tahap negara berpendapatan tinggi akan menjadi lebih bermakna jika semua lapisan masyarakat diberi peluang untuk berkongsi dalam kemakmuran negara. Foto: Bank Dunia/Samuel Goh
Sejak 1992, tarikh 17 Oktober telah diiktiraf sebagai Hari Pembasmian Kemiskinan Antarabangsa, atau secara ringkasnya, Hari Basmi Kemiskinan. Pada hari tersebut, dunia membicarakan kemajuan yang telah tercapai serta tindakan selanjutnya bagi mengakhiri kemiskinan.

Justeru, bagi menyambut Hari Basmi Kemiskinan pada tahun ini, Bank Dunia telah menerbitkan laporan Kemiskinan dan Kemakmuran Bersama bertajuk “Piecing Together the Poverty Puzzle”, yang mendokumenkan penurunan dramatik dari aspek kemiskinan ekstrem, yang dicapai dari tahun 1990 hingga 2015. Hanya dalam tempoh 25 tahun, walaupun populasi dunia meningkat daripada 5 kepada 7 billion, peratusan penduduk dunia yang dalam golongan miskin ekstrem menurun daripada 36% kepada 10% (iaitu 736 juta berbanding dengan 1.9 billion sebelumnya).

Inclusiveness in the new Malaysia

Kenneth Simler's picture
Also available in: Bahasa Melayu
Malaysia’s journey towards becoming a high-income nation will become more meaningful if all Malaysians are given the opportunity to share the benefits of prosperity. Photo: World Bank/Samuel Goh
Since 1992, October 17 has been recognized as the International Day for the Eradication of Poverty, or more simply, End Poverty Day by the World Bank. It is a day for the world to engage on the progress made and actions needed to end poverty.

To mark this year’s End Poverty Day, the World Bank has released its biennial Poverty and Shared Prosperity Report “Piecing Together the Poverty Puzzle”, which documents the dramatic reduction in extreme poverty achieved from 1990 to 2015. In the span of 25 years, the share of people around the world living in extreme poverty line fell from 36% to 10% (from 1.9 billion to 736 million), despite the global population growing from 5 to 7 billion.

Taxing the digital economy in Malaysia: How do we balance growth with sustainability?

Richard Record's picture
 bigstock/szefei
As the digital economy gears up to be the new driver of development in Malaysia, tax policy will need to keep pace with the country’s ambitions towards increased digitalization. Photo: bigstock/szefe



Malaysia wants the digital economy to play a central role in the next chapter of the country’s development—that much is clear. However, what may be less clear is why taxation should be part of the policy mix that will help deliver the country’s digital economy ambitions. This is important because taxes raise the cost of doing business rather than reducing it.

Pembaikan pengangkutan bandar untuk meningkatkan mobiliti sosial di Malaysia

Wei San Loh's picture
Also available in: English
Akses kepada pengangkutan adalah penting bagi memperbaik mobiliti sosial dalam kalangan komuniti berpendapatan rendah di Kuala Lumpur, khususnya bagi manfaat penduduk unit kediaman kos rendah. (Foto: Samuel Goh/World Bank)

Sejak beberapa tahun lepas, Malaysia telah mempamerkan perkembangan yang begitu ketara dari aspek peningkatan mobiliti sosial sejajar dengan usahanya untuk mencapai status negara maju. Namun demikian, kejayaan yang diperoleh tidak diterjemahkan dalam bentuk taburan yang saksama dalam kalangan populasi negara. Sebuah kajian oleh Institut Penyelidikan Khazanah pada 2016 telah menunjukkan bahawa 24% kanak-kanak yang lahir daripada ibu bapa berkemahiran rendah di Malaysia berterusan menjadi orang dewasa berkemahiran rendah. Begitu juga halnya dengan 46% kanak-kanak yang lahir daripada ibu bapa dalam kelompok 40% terbawah dari segi agihan pendapatan negara, turut kekal sebagai 40% isu rumah berpendapatan terbawah.

Improving urban transportation for upward social mobility in Malaysia

Wei San Loh's picture
Also available in: Bahasa Melayu
Access to transportation is essential for improving the upward social mobility of low-income communities in Kuala Lumpur, especially residents of low-cost public housing units. (Photo: Samuel Goh/World Bank)

Over the years, Malaysia has demonstrated great improvements in enhancing upward social mobility as the country continues to advance toward becoming a developed nation. However, this success has not been evenly distributed among the population. A 2016 Khazanah Research Institute study found that 24% of children born to low-skilled parents in Malaysia remained low-skilled as adults. Likewise, 46% of children born to parents in the bottom 40% of the national income distribution remained in the bottom 40%.

Fighting HIV effectively, efficiently in Malaysia

Sutayut Osornprasop's picture
A man taking methadone, a synthetic opioid drug that treats heroin addition, at a voluntary treatment center for people who inject drugs in Kuala Lumpur. (Photo: Sutayut Osornprasop/World Bank)


Working in public health brings me close to the stories of brave patients and dedicated medical staff. Very often we also conduct quantitative and qualitative assessments of case studies. In recent years, our work in Malaysia engages a public health concern that has gripped the world – HIV. Our findings have given us hope of winning the fight against the disease.
 

Mengapa pembangunan Malaysia perlu disingkap di sebalik angka purata

Richard Record's picture
Also available in: English
Sedang Malaysia menghampiri status negara berpendapatan tinggi, ia perlu peka akan aspek pembangunan yang lebih luas tetapi tidak tercakup dalam angka pertumbuhan GDP.
Foto: Getty Images/Anadolu Agency


Malaysia sebuah negara yang cukup cemerlang bersandarkan pelbagai ukuran pencapaiannya, begitu menurut Growth Commission, yang mengetengahkan Malaysia sebagai antara ekonomi paling pantas membangun di dunia. Malaysia telah beralih daripada sebuah ekonomi berpendapatan rendah dan berorientasikan pertanian kepada ekonomi moden yang berteraskan perdagangan, malah bakal mencecah status ekonomi berpendapatan tinggi dalam hanya beberapa tahun saja lagi. Dari sudut pandangan kasar pakar ekonomi, rata-rata menganggap Malaysia sedang pesat membangun. Pertumbuhan tercatat tinggi, yakni pada 5.9% tahun lepas dengan unjuran setinggi 5.4% tahun ini, sedangkan inflasi pula rendah, iaitu hanya 1.8% setakat Mei 2018. Pendapatan juga tercatat tinggi, bahkan bakal melepasi nilai AS$12,055 yang menandakan Malaysia telah berjaya keluar daripada perangkap status pendapatan sederhana.

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