Tuesday, April 21, 2020

Gig Economy Scenario in Malaysia


A short take for the background of the state of Gig economy in Malaysia. This article gives a perspective on the good, the bad and the ugly side of gig economy. What can be said is that if the economy performs well, gig workers enjoy all the benefits of working at their own pace and selling their talents to employers worldwide. But COVID-19 is an eye opener. Can the good things last forever?

At the end, the most important thing is financial literacy. Economics literacy. Growth. Good government. Stability. Faith. 
Hope the article benefits you. 
By the way, I met PM Dr. Mohd Fazli Sabri during MACFEA Conference way back in 2013.

Gig Economy Stock Illustrations – 77 Gig Economy Stock ...              Chinese internet-based service companies, which served as the employment backstop in the last economic down, have themselves fallen on hard times, only adding fuel to rising lay-off worries. Illustration: Brian Wang
              Pic. China losing the ability to absorb layoff workers
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