Malaysia's Missing Middle Class

Gregory Ho Wai Son, Research Associate, Khazanah Research Institute

06-Jan-25 07:45

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A recent paper by Khazanah Research Institute (KRI) suggests that the traditional understanding of income classification, i.e. B40-M40-T20 inadequately reflects Malaysian society, and that the middle-class is more represented by the very top income groups. How should these findings inform social welfare policy plans? We discuss this with Gregory Ho of KRI.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Shazana Mokhtar, Philip See, Keith Kam

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Categories: government, Law/Activism, economy

Tags: malaysia, tax brackets, middle class, social welfare, b40, m40, t20,

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