Daily HR News 5.2.2025

Malaysia’s latest income inequality trends explained, according to the World Bank

Malaysia has the highest income inequality among near high-income peers, with intra-ethnic disparity as the main driver. The richest 10% hold 70% of wealth, while the poorest 20% own less than 6% of income. Wage gaps persist due to education disparities and informal employment. Despite economic growth, inequality remains high, hindering widespread high-income prosperity.

https://www.malaymail.com/news/malaysia/2025/02/05/malaysias-latest-income-inequality-trends-explained-according-to-the-world-bank/165595/dw