Malaysia needs to boost its labour productivity growth
Barriers to competition are high in Malaysia
Structural reforms are an ongoing process
Administrative burdens on start-ups are relatively high in Malaysia
Licences and permits to start a business are still burdensome in Malaysia
Lowering administrative burdens would stimulate new business creation
Improving insolvency regimes further could help stimulate business dynamism
Malaysia performs well in regulatory assessment
The share of services has increased rapidly
Several network sectors are strictly regulated in Malaysia
Malaysia's transport markets are more restrictive than those of OECD countries
Less restriction in professional services would foster productivity
Malaysia's retail services market is more restrictive than OECD countries
Online sales keep expanding during the pandemic
Digital uptake in Malaysia's businesses was evolving before the pandemic
In the services sector, SMEs adopting digital tools show higher labour productivity
Malaysia is open to digital trade, but could be more open to computer services
Malaysia is advanced in mobile broadband subscriptions, but less in fixed broadband
Malaysia’s telecom market liberalisation has been progressing
Technology advance has changed the landscape of jobs
Demand for skilled jobs was robust during the pandemic
Demand for high digital skills would continue to increase
The pandemic has forced many workers to telework
Southeast Asian countries have experienced work from home during the pandemic
A number of managers and workers have positive views on teleworking
Managers find many obstacles to teleworking
Pandemic-induced teleworking will not continue in Malaysia while other countries will
Digital infrastructure is a major obstacle to teleworking in Malaysia
Annex Figure 2.A.1. Productivity of the accommodation sector could be further improved