Challenges of Malaysian Labour Market

Foreign direct investment FDI is an investment of a company from one country to another whereby assets are acquired, operations are set up and joint ventures with local firms are made (Financial Times , n.d.). FDI is a risky and more expensive method of venturing globally as compared to licensing and exporting, however it does not stop companies from doing so due to its many advantages. FDI is one of the key drivers in speeding up the development and economic growth in Malaysia. Sound macroeconomic management, presence of a well-functioning financial system and sustained economic growth has made Malaysia an attractive country for FDI. Moreover, FDI plays a crucial role in Malaysia economy as it generates economic growth by increasing capital formation through the expansion of production capacity.

Over the past decades, early 1980’s to 2010 the unemployment problem in Malaysia shows the fluctuations year by years. Besides, unemployed graduates have become the popular case in Malaysia that need more concern by the government. A statistic shows in year 2006 involving 132,900 graduates from institutions of higher learning all over Malaysia indicated that 30.7% of graduates remained unemployed six months after graduation, while 5.7% were still awaiting job placement (Tan, 2007). According to Nor Hartinin, there are more female graduates in this country were unemployed because they lacked with the relevant skills required in the labour market such as communication skills despite having academic results with flying colours. The

According to the Oxford dictionary, an education is the process of receiving or giving systematic instruction, especially at a school or university. Exam conveys the meaning of a formal written, spoken or practical test, especially at school or college, to see how much you know about a subject, or what you can do. When these two words are associated together, it brings a whole new meaning which is, an education is valued or assessed by obliging the students taking exams. By referring to the title: Education System in Malaysia is Too Exam Orientated, it shows that the Malaysia’s education system is relying on only exams and this eventually indicates the engagement is either by learning and teaching an instruction given by teachers. According

1. Both the US and Singapore are pursuing slight variants of the capitalist economic system, yet their approaches to the unemployment problem is significantly different. What cultural, institutional, civic and global forces influence how these countries address unemployment (35 points)?

Langkah-langkah diambil oleh Inggeris untuk mempercepatkan kemasukan buruh dengan memperkenalkan undang-undang dan peraturan imigrasi di Tanah Melayu. Dasar penghijrahan British liberal dan dapat menjamin keselamatan dan peluang-peluang ekonomi yang lebih baik. Di negeri-negeri Selat, perdagangan menjadi pendorong penting penghijrah orang Cina. Di negeri-negeri Melayu pula, perlombongan bijih timah menjadi faktor penarik yang penting. Ini berlaku apabila endapan bijih timah yang banyak ditemui. Pembesar-pembesar Melayu tidak mahu bergantung dengan orang Melayu yang melombong secara sambilan. Pemerintah-pemerintah Melayu mendorong masuk pelombong Cina dan berpuas hati dengan mengutip komisen serta cukai.

Urban and rural areas of Malaysia are composed of different ethnicities. Malaysia adheres to a caste system, which is the distinctive stratification of social classes. One’s position in the caste system can depend on ethnicity, skills, political connections, and money (Countries and their Cultures, 2017). The agricultural areas are mainly populated by the Malay and Indigenous people. The cities are mostly populated by the Chinese, with most of the city

As a nation gifted with potential skilled but untrained labour, India’s situation is at best ironic. On the one side of the coin, domestic economic growth has created huge employment demand and job opportunities, while on the other side, a shortage of skills is making more people unemployed. What adds to the irony is that there are 17 central government ministries that offer skill development enterprises through school education, institutes of higher learning and specialised professional training institutes. The humongous population alone cannot be India’s problem since China & Indonesia , with alike scale of population and training infrastructure, has better skilled labour (indicating higher skills, better employment and productivity). This

Social discrimination has been a vexing issue throughout the world. A huge part of the society is a victim of social discrimination. Conversely, reforms and efforts have been brought up to remove the discriminatory aspect of the society. Still, there is a need for affirmative action. In this globalized world, one only strives to connect and build stronger relationships with one another. Therefore,

The PEP’s survey of employers showed that minority ethnic workers faced discrimination from other workers and employers. Starting from 1966-1991 there has been an increase of minority ethnic group men in non-manual work. There were four groups; White, Indian, Pakistani/Bangladeshi and and West Indian/Guyanese. he Labour Force Survey (LFS) showed than there was an absolute increase in numbers of all the groups. This shows that those considered the most unlikely to achieve upward mobility now have high levels of occupational achievement.

Department of Management Sciences1& 4, Department of Education2 &3, National University of Modern Languages, Islamabad

In addition, the “quota system” applied in education and employment discriminates against Indians because it entirely favors Malays (Mihlar, para. 9). Malaysian public service led by “the civil services,” the judiciary and the police has fewer Malaysian Indians (Mihlar, para10). Places in “residential schools” are a preserve of the students from the Malays ethnicity (Mihlar, para.

Racial tolerance and unity are important in a multiracial country like Malaysia. However, there are many challenges faced by the prime minister and Malaysian that prevent the country from becoming a peaceful and harmonious country. For example, we can see a lot of controversial issue in Tun Dr. Mahathir's book titled ‘The Malay Dilemma'. The Malay Dilemma was written by Tun Dr. Mahathir Mohamad in 1970 with 188 pages that focused on Malay's weakness which they do not change their attitudes due to lack of knowledge influenced by hereditary and environmental factors. The book also describes Malay economy, government policies, and racial equality. Recently, a lot of issues that make Malay dilemma become Malaysian dilemma today. Thus, we as Malaysians must take actions to create the peace and harmony of the country.

Malaysia is situated along the Straits Of Malacca, connecting the Indian Ocean with the South China Sea and Pacific Ocean so trading in this area has been around for centuries. Spices were the main goods traded in the 15th century and as the Malacca Sultanate grew from strength to strength, it eventually gained a monopoly on all trade passing through the straits1. The Straits Of Malacca is still one of the most vital shipping lanes in the world.

On March 7, 2011 The Star, we know that our Malaysia government had decided to recruit more foreign workers from India which around 45,000 people from India. This is to meet the demand by around 13 sectors which currently in shortage of workforce. So, this resulted in many people and The Malaysian Trades Union Congress (MTUC) had strongly opposed the decisions made by government. The Malaysian Trade Union Congress (MTUC) is said as the most representative workers’ organization in Malaysia. Three main objectives emphasized by MTUC: first is to promote the interest of its affiliate unions in order to improve the workers’ economic and social conditions. Second is to ensure the policies are developed and action been taken towards

Furthermore, local universities are as good as universities abroad. Nowadays, students from outside countries also come here to study in local universities. That means that they trust our local universities which have a good quality system of education. This shows that studying locally is a right choice for our future. Besides that, our system of education is also acknowledged internationally, that is why students from other countries are studying in our local universities. We cannot deny that the quality of education in local universities is also as good as the universities abroad. Not only that, our local universities have complete facilities for students such as students’ hostel, libraries that are complete with a variety of books and materials for students to make reference and do research, Internet such as Wi-Fi and laptops or note books are prepared to make it easier for students to surf the Internet and to complete their assignment. Local universities also have a good quality of lecturers that have higher level of education and experience in teaching. If students are studying in local universities and they were from poor families and need more money to study they can get financial support. The Government gives financial support such as PTPTN for students to help them