Economic

Population and Labour Force Malaysia is a multi racial and multi religious surface ara made up of approximately 24 zillion plurality comprising the Bumiputeras (Malays and other indigenous people), Chinese, Indian and Eurasian ethnic groups. With for each one group retaining its own distinctive customs, religion and culture, Malaysia is a multi lingual country offering a stable social, economic and semipolitical infrastructure. Made up of a labour force who argon young, educated, readily trainable and relatively inexpensive, Malaysian workers are reliable and exceedingly responsive to the introduction of new skills, thus making them yielding to the demands of modern technology. Malaysias labour force is approximately 9.8 one thousand million and is estimated to be growing at a rate of 3.0% per annum. (Source: eighth Malaysia Plan) The youthful character of the Malaysian labour force is reflected by the fact that about 34% of the population in 2001 are below the age of 15 years while 62.3% are in the working age group of 15-64 years. During 1995 2001 about 1.3 million new entrants joined the labour market. The majority were school leavers who absorb been educated up to at least the lower subaltern level and are conversant in the national language, Bahasa Malaysia and English.

industrial training is provided for, both within the school system as well as by other public and mystic industrial training institutes. In 2000, there were more than 31 technical and 47 vocational institutes with facilities comparable to those in highly-developed countries. As part of the program to achieve the growth and distributional objectives of the National Development Policy (NDP), the Government has prepared a comprehensive program of policy reforms to increase the availability of apt labour. In 1991, the Ministry of Human Resources conducted various training courses and programs aimed at upgrading skills and the superior of labour. In January 1993, the Human Resources Development Fund (HRDF) was launched to provide... If you want to mother a full essay, order it on our website: Ordercustompaper.com

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