Productivity up by 4.2% - The Star

KUALA LUMPUR: Malaysia recorded 4.2% productivity growth last year, the highest since 2001, and marginally higher than that two years ago.

Malaysia’s productivity growth surpassed that of selected Organisation for Economic Cooperation and Development countries and Asian countries, including Britain, Japan, Australia, United States, Taiwan, Hong Kong and Thailand.

Malaysia ranked third behind China and India.

International Trade and Industry Minister Tan Sri Muhyiddin Yassin attributed the achievement to vibrant domestic business activities aided by the Government’s pro-business policies and productivity initiatives by industries.

The public sector grew by 3.6% in 2007, up from 3.4% in the previous year.

“The commitment of the civil service to serve the public more efficiently through implementation of various productivity and quality initiatives has resulted in progressive growth in service productivity,” Muhyiddin said yesterday in launching the Malaysia Productivity Corporation Report 2007.

[More at http://thestar.com.my/news/story.asp?file=/2008/5/6/nation/21159039&sec=nation]