BFM 89.9

Podcast  >  Evening Edition  >  Talkback  >  Talkback Tuesday: Should we forget about trying to bring Malaysian experts back from abroad?

Talkback Tuesday: Should we forget about trying to bring Malaysian experts back from abroad?

08-Jul-14 17:00

Talkback Tuesday: Should we forget about trying to bring Malaysian experts back from abroad?

According to a recent study, presented at the forum Brain Drain: Who Gains? Who Sacrifices? in KL on Saturday, economist Dr Lim Kim Hwa stated that the current scheme to stem brain drain could backfire.

In reference to the 15% optional tax rate on income for 5 years, this would inadvertently nudge more local professionals to work abroad for higher salaries and gains that outstripped the benefits that they would enjoy if they returned.

 

Citing a 2011 World bank Report, among the top three reasons Malaysians left to work overseas: better salary/benefits, career prospects and social injustice.

Should we focus on retaining and improving local talent as a cheaper and more sustainable solution rather than luring overseas Malaysians back?

 

Today on the Evening Edition we asked ‘Should we forget about trying to bring Malaysian experts back from abroad?’ Do you really think country needs their expertise?


Our lines were open.


Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  brain draintalkbacktalkback tuesdaybfm89.9talentcorprepexpatscost of livingkuala lumpurmalaysiasalarieslow salariesEconomy, MarketsEntrepreneur Resources/DevelopmentPolitics, Current Affairs


Dan Lain-Lain

Share this podcast




Play / Pause

Listen now : The Breakfast Grille: Dr. Jillian Ooi, Seagrass Ecologist and Senior Lecturer, University...

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

7:15 AM

Morning Brief

8:00 AM

The Breakfast Grille

Dr. Jillian Ooi, Seagrass Ecologist and Senior Lecturer, University of Malaya

8:30 AM

Morning Brief

9:00 AM

Opening Bell

9:35 AM

Pressing Matters

10:05 AM

Open For Business

David Albaiceta, KERB

11:05 AM

Raise Your Game

Oga Chan, Head of Acumen Academy Malaysia

12:00 PM

Enterprise Biz Bytes

1:00 PM

The Breakfast Grille Repeat

Dr. Jillian Ooi, Seagrass Ecologist and Senior Lecturer at the University of Malaya

2:05 PM

Live & Learn

3:05 PM

Earth Matters

4:05 PM

Health & Living

5:35 PM

Today On Twitter

6:05 PM

Inside Story

7:05 PM

The Evening Edition

7:35 PM

Everyone’s A Critic

8:05 PM

Off The Ball

9:00 PM

GGWP

10:00 PM

Wavelength