It is clear that we need to revise the policy on foreign worker dependence. Or should we adopt a model that combines both the self-sufficient approach and foreign worker dependence as an optimal solution? Levels of dependence on foreign workersAlmost all Malaysians notice the size and level of foreign worker dependence in the economy. The introduction of the minimum wage is likely to have had a marginal effect on reducing foreign worker dependence. Policies to reduce foreign workers are more effective in sectors where foreign and local workers can be substituted for each other, meaning local workers can directly replace the foreign workers.

Source: The Edge Markets July 22, 2021 03:32 UTC