Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized 102131 MALAYSIA ECONOMIC MONITOR DECEMBER 2015 IMMIGRANT LABOUR Southeast Asia Country Management Unit Country Director: Ulrich Zachau Chief Economist: Sudhir Shetty Comments to: Mathew A. Verghis
[email protected] Rafael Muñoz Moreno
[email protected] Sasana Kijang No. 2, Jalan Dato’ Onn 50480 Kuala Lumpur, Malaysia +60 (3) 2263 4900 www.worldbank.org/my Acknowledgements This edition of the Malaysia Economic Monitor was prepared by Rafael Muñoz Moreno (task team leader), Ximena Del Carpio and Mauro Testaverde (lead authors, chapter on immigrant labour), Harry E. Moroz, Loo Carmen, Rebekah L. Smith, Çağlar Özden, Kamer Karakurum Ozdemir and Pui Shen Yoong, with contributions from Scott Abrahams, Jeeva Govindasamy, Manjula Luthria, Sharmala Narasingam, Chee Sung Lee, Mahuran Saro Sariki, Visvapurna Mahadevan, Jose de Luna Martinez and Sergio Campillo Diaz, under the overall guidance of Ulrich Zachau, Faris H. Hadad-Zervos, Sudhir Shetty, Mathew Verghis, Jehan Arulpragasam, Shabih Ali Mohib and Lars Sondegaard. This report benefited from fruitful discussions, comments, and information from various sections of the Economic Planning Unit in the Prime Minister’s Department, the Economics Department of Bank Negara Malaysia, the Department of Statistics Malaysia, the Ministry of Finance, the Ministry of International Trade and Industry, the Ministry of Home Affairs, the Ministry of Human Resources, Talent Corporation, the Performance Management and Delivery Unit (PEMANDU), Construction Industry Development Board (CIDB) and many other Government ministries and agencies. We also thank representatives from the Federation of Malaysian Manufacturers, the Electrical and Electronics Association of Malaysia and analysts at several financial and rating institutions for helpful discussions.