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Foreign Workers in Malaysia Economics

Date post: 15-Apr-2017
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PREPARED BY : NORAINI BINTI MOHD NURDIN BG 13110341 BACHELOR OF INTERNATIONAL FINANCIAL & ECONOMICS FOREIGN WORKERS IN MALAYSIA ECONOMICS
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Page 1: Foreign Workers in Malaysia Economics

PREPARED BY :NORAINI BINTI MOHD NURDIN

BG 13110341BACHELOR OF INTERNATIONAL FINANCIAL & ECONOMICS

FOREIGN WORKERS IN MALAYSIA ECO-

NOMICS

Page 2: Foreign Workers in Malaysia Economics

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

Page 3: Foreign Workers in Malaysia Economics

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 4: Foreign Workers in Malaysia Economics

PAGE 3

REASONS OF EXISTENCE IN MALAYSIA

Prosperity and economic stability in Malaysia

Rate of poverty in their own

country is very high

Page 5: Foreign Workers in Malaysia Economics

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

Page 6: Foreign Workers in Malaysia Economics

Short Video

PAGE 5

Page 7: Foreign Workers in Malaysia Economics

Benefits of Foreign Workers

PAGE 6

Help to develop and accelerate the process of economic development

enhance the national productivity and competitiveness

Page 8: Foreign Workers in Malaysia Economics

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.

Page 9: Foreign Workers in Malaysia Economics

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.

Page 10: Foreign Workers in Malaysia Economics

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

Page 11: Foreign Workers in Malaysia Economics

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

Page 12: Foreign Workers in Malaysia Economics

Thank You!


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