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Malaysia’s ringgit woes mask its bigger brain drain troubles

Malaysia may lose skilled workers if more of them leave to make the most of stronger exchange rates.

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The recent fall of the ringgit to historic lows may well serve to accelerate Malaysia’s brain drain to Singapore.

The recent fall of the ringgit to historic lows may well serve to accelerate Malaysia’s brain drain to Singapore.

PHOTO: LIANHE ZAOBAO

Chia Wai Mun

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Guess how many Malaysians working overseas are in Singapore.

About 1.13 million Malaysians who have migrated overseas – close to six in 10 –

were residing in Singapore in 2022,

according to Malaysia’s former human resources minister V. Sivakumar, up from 952,000 in 2019. 

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