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Malaysia in the mid-income trap due to low quality worker and poor R&D commercialization

China CCTV channel 7 aired many agri and industrial related technical programs with the aim of disseminating practical knowledge to farmers, fishermen, agro-based manufacturer, etc.

Malaysian farmers like my late father have to learn from trials and errors, a very expensive game. Quite often the techniques and methods they learn are kampung-style from other farmers. The end result is the crop yield and quality is low and uncompetitive.

Besides, Mardi technical assistance is also racial-based, basically Chinese farmers are neglected even they approach Mardi for help.

Malaysia falls in global competitiveness

By Lee Wei Lian

KUALA LUMPUR, Sept 5 — Malaysia’s competitiveness ranking fell four spots to 25 this year from 21 last year in the World Economic Forum’s Global Competitiveness Index despite the Economic Transformation Programme entering its third year this September.

Switzerland was ranked the world’s most competitive country, followed by Singapore, Finland, Sweden and the Netherlands, Germany, US, UK, Hong Kong and Japan, said the World Economic Forum (WEF) in a report released today.

The WEF said that following improvements in last year’s report, Malaysia maintains its score but drops four places as other economies have moved ahead.

Malaysia was overtaken by UAE, which jumped three spots to 24, New Zealand which rose from 25 to 23, Luxembourg which rose from 23 to 22, and Korea which leapt from 24 to 19.

This year’s fall in rankings almost erased all the gains the country made in 2011, when it rose from 26 to 21 in the index.

WEF identified inefficient government bureaucracy, corruption, an inadequately educated workforce, poor work ethics in the labour force and restrictive labour regulations as the top five problems faced when doing business in Malaysia.

The influential think tank said Malaysia’s most notable advantages are found in its efficient and competitive market for goods and services (ranked 11th) and its remarkably supportive financial sector (6th), as well as its business-friendly institutional framework.

It added that Malaysia was ranked surprisingly low in its level of technological readiness — in 51st place.

“Lack of progress in this area will significantly undermine Malaysia’s efforts to become a knowledge-based economy by the end of the decade,” said WEF.