Issue link: https://www.e-digitaleditions.com/i/73199
Cover Story The success of Malaysia's economic transformation in large part rests on its ability to act collectively, to drive a virtuous cycle of attracting more investments, and global talent. • Engaging the expatriate community to facilitate the transfer of knowledge and skills. Malaysia aspires to emerge a developed nation and a global talent destination. These ambitions are intertwined. The success of our economic transformation in large part rests on our ability to act collectively, to drive a virtuous cycle of attracting more investments and global talent. TalentCorp will drive talent initiatives to complement the overall structural reform and national transformation agenda, all aligned towards the realisation of Vision 2020. Johan Mahmood Merican is the CEO of Talent Corporation Malaysia Berhad. MALAYSIA VERSUS SINGAPORE GDP (as of 2010) • Malaysia: $238 billion • Singapore: $223 billion (Note: At roughly 29 million, Malaysia's population is about six times that of Singapore.) WORKFORCE • Malaysia: 11.63 million • Singapore: 3.15 million GDP PER WORKER • Malaysia: $20,465 • Singapore: $70,790 DEMOGRAPHICS • Median age, Malaysia: 27 • Median age, Singapore: 40 • Workforce as per cent of population, Malaysia: 41 • Workforce as per cent of population, Singapore: 66 Malaysia as a global talent hub SPRING 2012 | www.hroglobal.com [11]