Bangladeshis hold 37 percent of foreign workforce in Malaysia in the category of managerial posts, Finance Minister AHM Mustafa Kamal said on Thursday referring to a report of a Malaysian newspaper.
Presenting budget for Fiscal 2019-20, he told the national parliament that Malaysian news portal 'Free Malaysia Today' reported in 2018 that Bangladeshis were among the skilled foreign workers in the Malaysian labour market.
The Finance Minister said that a huge workforce is entering the job market every year', sincere efforts have been made to expand overseas labour market alongside the domestic market.
Overseas employment in Malaysia and South Korea has increased significantly owing to our successful diplomatic efforts, he said.
‘We have been striving to develop skills of our workers to make them competent for foreign labour markets. As a result of our time bound plans and their proper implementation, the rate of overseas employment has increased which in turn enhanced our image and also played a role in increasing the remittances.’
To explore new and prospective labour markets, he said that the Ministry of Expatriates Welfare and Overseas Employment has already completed a survey titled ‘Demand Analysis of Employment of Bangladeshi Migrant Workers in the International Labour Matket’ on labour markets in 53 countries.
Mustafa Kamal said that the government reformed legal framework by formulating the Overseas Employment and Immigration Management Rules, 2017 and the Wage Earners Welfare Board Act, 2018 to regulate migration costs, ensure transparency and accountability of legitimate recruiting agents and ensure safe migration.