Changing Malaysia
Dr. Lee also spoke about the urbanisation of Malaysia and the country’s issues with town planning.
“This is the whole point of looking at other countries – to learn from their conditions and not making the same mistakes in our country. We already have this advantage of learning from people in other countries. Digital-wise, we have also learned from others.”
“We have a lot of good labour market information. What we do not have is enough people to analyse and disseminate the information. We also have to move towards having better ways to collect data,” he said, commenting on Malaysia’s present labour market.
One of the main projects that he’s currently working very hard on is to create real -time data.
“For example, if a person is unemployed today, I will know about it the next day. And I will know where, which job, how much this person was paid and what qualifications he or she had. This will give an accurate picture of the current employment situation and help employees and employers with their future planning.
“Nevertheless, to ensure the success of this project, employers need to update their complete information into the system instead of just focusing on updating payment information i.e. income tax and Employees’ Provident Fund contributions.
“I am also working on another programme called the ‘Warga Emas Programme’ where senior citizens can contribute to the country in various ways, either through the sharing of their knowledge or aiding through other means. I would like to accomplish these projects and call it my last hurrah’,” he said, smiling.
Read about Dr. Lee Chee Sung's career in the IMF: Fixing economies