Koon Yew Yin's Blog
Why so many people left Malaysia - Koon Yew Yin
Koon Yew Yin
Publish date: Sat, 13 Jul 2024, 12:54 PM
Koon Yew Yin
0 1,431
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
Most Malaysians migrated to other countries for better job opportunity, better education for their children and to avoid the disadvantages of being non-Malays. Bumiputras have special rights in Malaysia. Practically all the civil servants in Malaysia are Malays. Malaysia has the most civil servant per capita in the world; 1 civil servant for every 19 citizens. You can Google to verify what I just said.
Moreover, Bahasa Melayu is taught in all Government sponsored schools. Bahasa Melayu is only good within Malaysia. Most of the Malaysians migrated to Singapore so that their children can study English and Mandarin.
It is human nature that people always want to look for better places to live and work. 3.6 per cent of the world's population have migrated from their home country to other countries. There are more Malaysians migration than the world average. From the Malaysian perspective, the migration percentage is 5.6 per cent of the total population of 33 million which is 1.86 million people: Council and Talent Corp Malaysia Global Talent Advisory Group.
Brain drain: Majority of Malaysians migrated to Singapore, says human resources minister.
A total of 1.13 million out of 1.86 million Malaysians who have migrated overseas are residing in Singapore as at 2022, said Human Resources Minister V. Sivakumar.
He was commenting on Malaysia’s brain drain issue, which was discussed an industry dialogue session held by Talent Corporation Malaysia (Talent Corp) themed “Malaysia Madani: Addressing Challenges in the Talent Ecosystem” recently. “So, to say it is a brain drain or migration, they have only gone to our neighboring country Singapore,” he said after the dialogue session, which he chaired and was attended by 20 industry captains from the private sector.
The business leaders are members of Talent Corp Industry-Talent Advisory He said questions were raised on how to retain and pull talent back into Malaysia. He said the low salary rate in Malaysia had exacerbated the situation.
Many Malaysians, especially professionals, are migrating abroad for jobs due to being frustrated by the culture of using "connections" to move up the corporate ladder.
Deputy Human Resources Minister Mustapha Sakmud said the ministry had identified three main reasons why Malaysians were going abroad to seek work.
He said apart from perceived "social injustice" at the workplace, the two other main reasons were better career prospects and better remuneration.
"Developed countries have better laws that protect their workers' rights from any discrimination, and also provide better salaries.
"They are based on meritocracy, unlike in our ecosystem, which is sometimes based on connections or who you know," he told the New Straits Times. Mustapha said he had also experienced social injustice during his career.
"When I first started working as an engineer in 1993, my salary was RM1,800. My son graduated in 2019 and joined a private company as an engineer too. His salary is RM2,300.
"Can you imagine, in the span of almost 30 years, the increment has been so minimal. How can we expect to retain our professionals?"
Mustapha said based on the ministry's data, Singapore had the highest number of Malaysian workers, with almost a million, followed by Australia, the United States, the United Kingdom and Canada.
Most of them, he said, were in professional sectors, such as the oil and gas, power, financial services and sales industries. Mustapha said the departure of these professionals will hinder economic development, exacerbate the issue of shortages of experts, reduce the nation's ability to compete with others and slow down development and industrialization.
"When experts with intellectual potential leave the country in large numbers, it will make it difficult for the country to maintain high intellectual and academic standards because these individuals are the driving force behind creating a more educated and professional society, nurturing and developing other talents.
"This dynamic will lead to the issue of shortages of experts and reduce the nation's ability to compete with other developed countries and slow down development and industrialization."
He said data also showed that the majority of those who chose to emigrate did so because they had trouble finding work.
He added that the new technical and vocational education and training policy, which will be industry-driven, will hopefully address the problem.
"The ministry believes that by making the available workforce ready and relevant to industry needs, it will increase demand in the country's industry, which will then serve as a driver for industry growth and attract more foreign direct investments," he said, adding that there were also programs to educate students on their future career paths.
More articles on Koon Yew Yin's Blog
Can Harris beat Trump? - Koon Yew Yin
Created by Koon Yew Yin | Jul 30, 2024
The new poll, conducted between July 22-24 and released Sunday, found that Harris’s approval rating had surpassed Trump’s in Wisconsin, Pennsylvania, Minnesota, and Michigan. In Michigan, Harris was..
A few people are using my name to cheat people - Koon Yew Yin
Created by Koon Yew Yin | Jul 30, 2024
As you can see below, a few people are using my name to promote sale of Initial Public Offer (IPO) shares before and after listing on Bursa Malaysia. You should not buy IPO shares because statistics..
KSL passed TA and FA - Koon Yew Yin
Created by Koon Yew Yin | Jul 23, 2024
The most important criteria for share selection are technical analysis and financial analysis. The price chart below shows that KSL's share price has been going up from 88 sen to above RM 2.13...
KSL is cheapest property stock - Koon Yew Yin
Created by Koon Yew Yin | Jul 22, 2024
Recently one smart accountant pointed out to me that KP Property has millions of Redeemable Convertible Preference Shares (RCPS). This will affect its share price. I sold all my KPP shares to buy KSL.
Why Malaysians must learn Mandarin? - Koon Yew Yin
Created by Koon Yew Yin | Jul 15, 2024
Currently Bahasa Melayu is taught in all Government sponsored schools. Bahasa Melayu is only good within Malaysia. All our overseas customers do not know Bahasa Melayu. I hope all our politicians...
‘TRY TO REMEMBER’: A Tribute Concert To Chin Yoong Kim - Koon Yew Yin
Created by Koon Yew Yin | Jul 09, 2024
Why should KPP improve its share price and how to do it? - Koon Yew Yin
Created by Koon Yew Yin | Jun 28, 2024
Discussions
2 people like this. Showing 41 of 41 comments
I remain Malaysian but work oversea.
My second son NUS graduate now Singapore PR and soon Singapore citizen.
My reason for working oversea is because of opportunity to build something great from a green field and also for a better pay so that I can better provide for my family.
3 weeks ago
My career path:
Production Executive - Production Engineer (SAB)
Shift Manager (Tioxide)
Engineering Manager- Business Development Manager (SAB)
General Manager (MM)
3 weeks ago
speakup already say many many times:
malaysia export skilled talented brains, eg. doctors, engineers, architects, scientists, lawyers
malaysia import non-skilled muscles, eg. maids, labourers
why? because we dont appreciate smart skilled talented ppl! and we are super obsessed with Race & Religion!everything and i mean everything must tie to Race & Religion!
3 weeks ago
Many Johoreon already daily cross over to Singapore to work as labourers.
Nothing wrong to work as labourer as long as you earned an honest living with better pay.
3 weeks ago
By the way no one can be as lucky as KYY born at the right time with right qualification to build a career and retire early to become a full time successful investor.
For many of us better build a career first before you want to be a successful investor.
Bewarned. Invest only with your spare money
3 weeks ago
one day i predict indonesia will be richer than malaysia. why? because we are too obsessed with Race & Religion
3 weeks ago
Education had failed Malaysians.
Sekolah Kebangsaan is now almost like a religion school.
Soon every state will be like Kelantan if PAS managed to capture the state government.
3 weeks ago
@speakup, not obsession, but rather the case where race and religion seems to be "fear factors" that politicians & policy makers prefer to instill to continue to rule, not realizing that these are factors that really held us back for years when compared to other SEA countries, including Indonesia.
3 weeks ago
All this talented Malaysia went to Singapore and help Singapore become very successful and rich.
3 weeks ago
After all the rich and talented left, the remaining poor Malaysian Chinese will need to deal with the bumi who blame everything on them. Malaysian Chinese will have tough time ahead. Many came to this forum to look for ways to migrate?
3 weeks ago
Migrate back to China if you are very talented, Everything there so affordable with cheap energy and Huawei need you.
3 weeks ago
Posted by Sslee > 1 day ago | Report Abuse
Education had failed Malaysians.
==========
70 years after independence, Malaysia has not been able to make every Malaysians speak in Malay only. Instead near 100% of Chinese kids go to Chinese primary schools together with about 15% of Malay kids. Indeed the government has failed and will continue to fail . Not bad for failing.
3 weeks ago
Posted by gladiator > 3 minutes ago | Report Abuse
Migrate back to China if you are very talented, Everything there so affordable with cheap energy and Huawei need you.
=====
good option.
3 weeks ago
previous generation look west to migrate.................now, people should look east.
3 weeks ago
Malaysian Chinese 20% of population but 80% of management positions in private sector..............no need to migrate la.
3 weeks ago
My three children all graduate from SJK(C) and me included all can speak fluent Bahasa Malaysia.
SJK(C) is not the problem as more and more non chinese are sending their children to SJK(C)
3 weeks ago
Duh,chinese is 30 percent in malaysia(include sabah and sarawak).Who say many people left malaysia.few k left per year not really left(as msny who are rich),wanted a second or third citizen(different places).it can.
3 weeks ago
According to him, Malay accounted 57.9 per cent (17.7 million) of the population in the first quarter 2024 (Q1 2023: 17.6 million), while Chinese, Indians and other Bumiputera remained at 22.6 per cent, 6.6 per cent and 12.2 per cent, respectively.
3 weeks ago
Migration, short term or long term?
How will Malaysia be in 30 years relative to rich countries of today?
I will say any ASEAN country Gdp will grow better than the G7 country over the next 30 years. Not just Singapore did well in last 30 years. Look at the improvements in Malaysia Thailand Indonesia Vietnam over the last 30 years. More of the same in next 30 years.
3 weeks ago
Taiwan is a nice country to live in as long as don't join the DPP nonsense.
Now China got new law China will jail you if u talk too much nonsense.
3 weeks ago
Saying 1M left or 2M left makes little substance. The minister should give himself and country a breakdown of the demographics. Who are these? Graduates? Race? Age? Earning potential? The stats are well known, but if successive political party just shy away from releasing the real statistics, they are paying lip service and worse, deception of the public and the future of the country. No amount of free trade zones, semiconductor program, center of (sub) excellence will help. Until some leader brave enough to discuss the real issues, this is just nonsensical fluff you can safely stay in your emigrated place.
3 weeks ago
Old man: My daughter and her family are in San Francisco. My elder son and daughter in law family are in Melbourne. My younger son and daughter in law are in London
Friend : Wow! That's great , very nice! Where are you now?
Old man : old folks home.
==========
very malaysian story.
3 weeks ago
Old man: My daughter and her family are in San Francisco. My elder son and daughter in law family are in Melbourne. My younger son and daughter in law are in London
Friend : Wow! That's great , very nice! Where are you now?
Old man : old folks home.
Don't blame government
Old man was greedy but no foresight
3 weeks ago
blame the government, yes! but also blame ourself.
Its the choice of the rakyat we remain mediocre, not outstanding.
3 weeks ago
Various factors beside RM, politics, future policies, etc. Many years ago, during Mahathir's time, they already know Msia is slowly heading towards "Holland". Education (private and semi-private, like MCA punya college) in Msia is all for money only and labour exploitation (lecturers handling multiple tasks, paperworks, admin works, other depts work, organizing events, etc), it is mostly customer-service oriented education. Forget about quality education in Msia unless you have money to go to top tier private univs.
3 weeks ago
Why so many people left Malaysia - Koon Yew Yin
=====
too obvious. people go from low income country to high income country. and level of income depends on stage of development and modernization.
3 weeks ago
The bumi policy make it hard for non bumi to survive... even in education different standards for acceptance into UNI..
3 weeks ago
Keep doing the same thing will only get same outcome. Keep going down like the value of ringgit.
Posted by Sslee > 3 days ago | Report Abuse
Education had failed Malaysians.
Sekolah Kebangsaan is now almost like a religion school.
Soon every state will be like Kelantan if PAS managed to capture the state government.
3 weeks ago
Based on democracy and majority takes all then there
Will be no more Chinese schools.
3 weeks ago
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
Good Articles to Share
【十年一剑之华山论剑】 EP 2 | 马来西亚经济改革之路，何去何从？美国选举，谁能坐享渔翁之利？ft. YB王建民博士 & 黄锦荣博士
2
https://dividendguy67.blogspot.com
3
CEO Morning Brief
4
ombak
5
CEO Morning Brief
Was CEO's Share Sales the Cause of Cape EMS Share Price Plunge?
6
CEO Morning Brief
Govt Ordered to Transfer Duta Land to Semantan Estate Liquidators
7
Genetec - A baby step
8
CEO Morning Brief
Nearly 8 Mil Cape EMS Shares Traded Off-market Amid Selling Pressure
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
emsvsi
Dear Koon,
Good to see you and hope you are doing well and no more pumping and dumping stocks
3 weeks ago