
Malaysia Faces Calls to Raise Retirement Age to 65 as Pension Deficits Grow
Only 38.3 percent of active formal-sector workers meet the basic retirement savings target of RM390,000 as life expectancies rise.
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Only 38.3 percent of active formal-sector workers meet the basic retirement savings target of RM390,000 as life expectancies rise.

IMF Managing Director Kristalina Georgieva said AI is projected to lift growth in advanced Asian economies by 0.5 to 1 percentage point.

Urban migrant households save 54 per cent of their income on average compared with 36 per cent for registered residents, according to HSBC.

An influx of 1.2 million residents across 23 central wards has accelerated the loss of private gardens as developers subdivide landed lots.
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