Middle classes need to 'feel' success

  According to the National Economic Advisory Council, income growth has been strong only for the top 20 per cent of Malaysian earners, while the bottom 40 per cent of households have experienced the slowest growth of average income, bringing home less than RM1,500 per month in 2008.

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Bibliographic Details
Published inNew Straits times
Main Author Sim, Rita
Format Newspaper Article
LanguageEnglish
Published Kuala Lumpur The New Straits Times Press (M) Berhad 27.09.2012
Subjects
GDP
Gross Domestic Product
Middle class
Per capita
Studies
Wages & salaries
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Summary:  According to the National Economic Advisory Council, income growth has been strong only for the top 20 per cent of Malaysian earners, while the bottom 40 per cent of households have experienced the slowest growth of average income, bringing home less than RM1,500 per month in 2008.