It is a problem Asia is facing. But Malaysia will be even more impacted. As subsidies from government caused big price mis-conception for services and goods for decades. Once gradual removal started will see market re-adjust itself. We believe current tight and continuous increase in man power cost will eventually hinder the growth at both country and company level. We cannot continuous rely on infrastructure growth and petrol money forever. Worst, productivity that should be increased are seldom measure.
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