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Informal employment sector on a downtrend, says World Bank report

PETALING JAYA: The World Bank Group expects Malaysia’s informal employment sector to decrease to 21% by 2040, depending on whether productivity growth and the relative growth of labour costs continue to trend upwards. ....

Malaysia General , Yasuhiko Matsuda , Datuk Zunika Mohamed , Security Organisation Socso , Provident Fund , Reimbursable Advisory Services , Economy Ministry , World Bank , World Bank Group , Social Security Organisation , Employees Provident Fund , Self Employment Social Security Scheme , Twelfth Malaysia Plan , Datuk Zunika ,