Foreign Workers in Malaysia Economics
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Transcript of Foreign Workers in Malaysia Economics
PREPARED BY :NORAINI BINTI MOHD NURDIN
BG 13110341BACHELOR OF INTERNATIONAL FINANCIAL & ECONOMICS
FOREIGN WORKERS IN MALAYSIA ECO-
NOMICS
SEQUENCE OF PRESENTATION
PAGE 1
FOREIGN WORKERS ????
REASONS OF EXISTENCE IN MALAYSIA
STATISTICS BY COUNTRY
SHORT VIDEO
BENEFITS OF FOREIGN WORKERS
DISADVANTAGES OF FOREIGN WORKERS
RECOMMENDATIONS & CONCLUSION
Foreign Workers??
-.
.
PAGE 2
person who works in a country other than the one of which he or she is a citizen
MALAYSIA
- Focus of foreign workers- considered a goldmine by the poor
people of the neighbouring country.- experienced an influx of foreign
workers, whether legally or illegally.
PAGE 3
REASONS OF EXISTENCE IN MALAYSIA
Prosperity and economic stability in Malaysia
Rate of poverty in their own
country is very high
STATISTIC OF FOREIGN LABOUR IN MALAYSIA BY COUNTRY
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20140
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
Number of Foreign Workers in Malaysia by Country of Origin, 2000-2014
Indonesia
thailand
Bangladesh
Philippine
Pakistan
Myanmar
Nepal
India
Others*
Source : Ministry of Home AffairsPAGE 4
Short Video
PAGE 5
Benefits of Foreign Workers
PAGE 6
Help to develop and accelerate the process of economic development
enhance the national productivity and competitiveness
Disadvantages of Foreign Workers
PAGE 7
1. The flow of money abroad will rose.
Foreign worker would send most of the salary he received to his hometown
if the currency Ringgit Malaysia (RM) is converted into their national currency, its value is doubled.
Disadvantages of Foreign Workers ( Cont.. )
PAGE 8
2. Contributed to the problem of unemployment among the local people
employers who prefer the foreigners who are willing to accept lower wages than locals
This problem is further complicated when locals asked for higher wages because of risingcost of living.
Recommendation
PAGE 9
Government •should regulate the number of foreign workers •reduces the employment opportunity •for locals.
Employer •need to give priority to local workers •to ensure outflow of money abroad is controlled
Vocational schools •education system in Malaysia need to be •review in terms of delivery skills•polish the local skills during secondary school
Foreign worker has contribute to the Malaysia growth and they are essential. By having foreign workers also there are a lot benefits earns and makes us much successful nation.
If the government does not take necessary actions, our industries will be too dependent on foreign workers and it will create a downfall.
PAGE 10
Thank You!