Johor bahru: Malaysia needs to shift from being perceived mainly as a trading nation to a technology-driven country by striving to produce its own technological innovations in order to tackle the issue of low wages in the country. Deputy Finance Minister Liew Chin Tong emphasized that technological advancements could lead to higher-paying jobs for locals, especially in regions such as Johor.

According to BERNAMA News Agency, Liew highlighted the necessity of changing the perception that Malaysian companies merely support the needs of multinational corporations. He urged for a new mindset within the government that focuses on transforming Malaysian companies into multinational entities themselves. This call was made during the Johor state legislative assembly at the Sultan Ismail Building.

Liew, who represents DAP-Perling, pointed out that addressing the low wage issue is critical, as it contributes to the migration of many Johoreans and other Malaysians to Singapore for better-paying jobs. The influx of Singaporeans and corporate clients into Johor has led to increased prosperity but also dissatisfaction among local residents due to the rising cost of living.

While acknowledging the efforts of the Johor state government under Menteri Besar Datuk Onn Hafiz Ghazi, Liew noted the progress achieved through collaboration with the Federal Government. Initiatives like the Johor-Singapore Special Economic Zone (JS-SEZ) have spotlighted Johor's regional importance.

He further suggested that Johor Bahru should be recognized as Malaysia's second economic capital after Kuala Lumpur, given its pivotal role in the JS-SEZ. Greater Johor Bahru, encompassing Johor Bahru city, Iskandar Puteri, Pasir Gudang, and Kulai, is poised to become a key destination for economic growth across various sectors, enhancing Malaysia's overall success.