Tag: income gap
A social analyst says rural folk should create job opportunities in their own areas instead.
A report on median household incomes shows that KL has a median household income of RM9,073, more than four times the median household income of RM2,105 recorded in Pitas, Sabah.
Let the wealthiest 1% lead the campaign to save Malaysia from its national debt.
Klang MP Charles Santiago says many are struggling to make ends meet despite second finance minister's claim that 'economy is doing well'.
Pointing to car sales figures, Ong Kian Ming says economy may be growing but ordinary Malaysians are still struggling with the cost of living as the benefits do not come to them.
Economist Yeah Kim Leng says those holding mid and low-level jobs have not seen much increase in their wages but the rich are able to use their resources to make more money.
Booming economic growth has lifted millions in the region out of extreme poverty since the 1980s, but the wave of prosperity has not guaranteed upward mobility and economic security for large swathes of the population.
Among the Chinese, the income gap rose from RM5.80 in 2014 to RM6 in 2016, says financial daily.