CLICK TO ENLARGEPETALING JAYA: Surging deflationary pressure, shrinking labour force and lower tax collection are set to be the scenario as corporate Malaysia transitions into an ageing society. With this scenario on the horizon, economists said it would have negative implications on the economy, thus proactive measures need to be mobilised to ensure economic sustainability. With around 7% of the population aged more than 65 in 2020, the country has met the World Bank’s threshold definition of a
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2022-02-28 00:00:00.0