KUALA LUMPUR, July 1 (Bernama) — The Productivity Report 2021 was launched by YB Datuk Seri Mohamed Azmin Ali, Senior Minister, Minister of International Trade and Industry (MITI) in a virtual ceremony followed by a Productivity Forum entitled Boosting Productivity: Reset, Reform, Rebound echoing the theme of the report. The theme of this year’s report emphasises key challenges and solutions for Malaysia’s productivity to bounce back from the worse contraction at -5.5% in 2020. The rebound aligns with World Bank’s projection of Malaysia’s economic growth by 4.5% in 2021.
YBhg. Dato’ Abdul Latif Haji Abu Seman, Director General of Malaysia Productivity Corporation (MPC), an agency under MITI in his opening speech said, “I reiterate the sentiment by the Senior Minister in his speech that the time now is about building the next normal for our country to be more sustainable, agile, and resilient in our economy, workforce, and society through reformative actions”.