US Edition[Opinion] Correct Facts, But Wrong Diagnosis [OPINION]
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Correct Facts, But Wrong Diagnosis [OPINION]
ByEmeritus Professor Dr. Mohd Nazari IsmailFaculty of Business and EconomicsUniversiti Malaya Recently, former governor of Bank Negara Malaysia (BNM), Tan Sri Muhammad Ibrahim, was reported to have said that the salary rate for Malaysians has declined threefold over the past 40 years. He also said that the fresh graduates today are not earning enough. According to him, fresh graduates’ salaries today should be closer to RM7,000 to RM8,000 when a…
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