Malaysia’s latest labour force figures paint a mixed and intriguing picture of the economy in 2025. Unemployment has fallen to a decade-low of 3%, signalling a labour market that appears resilient on the surface. Growth is also being supported by strong investment flows and steady expansion across key industries, or at least that’s the impression we get from the headlines every time the government announces billions of dollars of investments coming from one country or another.

Yet, beneath that headline lie deeper problems. Large numbers of Malaysians are still working jobs that don’t match their qualifications, wages are still stagnating and there are serious concerns about the inadequacy of retirement savings among a vast majority of people.

So, what does this all tell us? And how do we ensure economic dignity and upward mobility for all Malaysians? As we slowly wind down towards the end of the year, in this episode, we unpack these questions with Dr Geoffrey Williams, Economist & Founder of Williams Business Consultancy.

Malaysia’s latest labour force figures paint a mixed and intriguing picture of the economy in 2025. Unemployment has fallen to a decade-low of 3%, signalling a labour market that appears resilient on the surface. Growth is also being supported by strong investment flows and steady expansion across key industries, or at least that’s the impression we get from the headlines every time the government announces billions of dollars of investments coming from one country or another.Yet, beneath that headline lie deeper problems. Large numbers of Malaysians are still working jobs that don’t match their qualifications, wages are still stagnating and there are serious concerns about the inadequacy of retirement savings among a vast majority of people.So, what does this all tell us? And how do we ensure economic dignity and upward mobility for all Malaysians? As we slowly wind down towards the end of the year, in this episode, we unpack these questions with Dr Geoffrey Williams, Economist &amp; Founder of Williams Business Consultancy.

As they say, democracy doesn't begin and end at the ballot box. 
On Beyond the Ballot Box, we have in-depth conversations about political economy and human rights in Malaysia, Southeast Asia, and around the globe through a class prism.

As they say, democracy doesn't begin and end at the ballot box. On Beyond the Ballot Box, we have in-depth conversations about political economy and human rights in Malaysia, Southeast Asia, and around the globe through a class prism.

Beyond the Ballot Box

As they say, democracy doesn't begin and end at the ballot box. On Beyond the Ballot Box, we speak to politicians and analysts and explore burning issues and questions surrounding our fluid and ever-changing political scene.

As they say, democracy doesn't begin and end at the ballot box. On Beyond the Ballot Box, we speak to politicians and analysts and explore burning issues and questions surrounding our fluid and ever-changing political scene.

Work, Wages and Savings: Unpacking Malaysia’s Economic Reality

Malaysia’s fight against corruption remains one of the country’s most persistent political and institutional challenges. While the latest results from the Transparency International Corruption Perceptions Index show Malaysia improving slightly to 52 points and ranking 54th globally, the broader picture remains complicated. Progress in rankings does not necessarily mean corruption has been meaningfully reduced, especially as major controversies continue to surface around powerful institutions, corporate interests, and the very bodies tasked with enforcing anti-corruption laws.
We speak to Raymon Ram, President, Transparency International Malaysia, about how the government is doing in its fight against corruption.


Image Credit: Shutterstock

Malaysia’s fight against corruption remains one of the country’s most persistent political and institutional challenges. While the latest results from the Transparency International Corruption Perceptions Index show Malaysia improving slightly to 52 points and ranking 54th globally, the broader picture remains complicated. Progress in rankings does not necessarily mean corruption has been meaningfully reduced, especially as major controversies continue to surface around powerful institutions, corporate interests, and the very bodies tasked with enforcing anti-corruption laws. We speak to Raymon Ram, President, Transparency International Malaysia, about how the government is doing in its fight against corruption. Image Credit: Shutterstock

Anti-Corruption: Is MADANI on the right track?

MANDIRI is a youth-driven civil society organisation founded in 2024 that aims to strengthen democratic participation, social justice, and civic engagement among young people. It is established by a group of activists, namely Amir Hadi, Mohamad Alshatry and Dobby Chew – names you probably recognise if you’ve been listening to the show for some time. 

In this episode, we speak to Dobby Chew about what the organisation is all about, the state of civil society in Malaysia today, and the upcoming MUDA elections in which Dobby is contesting.


Image Credit: MANDIRI Malaysia

MANDIRI is a youth-driven civil society organisation founded in 2024 that aims to strengthen democratic participation, social justice, and civic engagement among young people. It is established by a group of activists, namely Amir Hadi, Mohamad Alshatry and Dobby Chew – names you probably recognise if you’ve been listening to the show for some time.&nbsp;In this episode, we speak to Dobby Chew about what the organisation is all about, the state of civil society in Malaysia today, and the upcoming MUDA elections in which Dobby is contesting. Image Credit: MANDIRI Malaysia

MANDIRI: A House for Activists and Rebels

Malaysia today finds itself at an important juncture. For starters, the MADANI government is currently led by a reformist coalition and a Prime Minister who has championed good governance and institutional reform for decades. 

The past few weeks have been especially pivotal, though. On the one hand, you’ve got a recent Bloomberg investigation into alleged “corporate mafia” behaviour within the Malaysian Anti-Corruption Commission (MACC), including controversy surrounding Chief Commissioner Azam Baki.  This has reignited public concerns about integrity and continues to impact public trust in the government and institutions. 

At the same time, the government has tabled major reform initiatives  from the long-debated Attorney General–Public Prosecutor split to a constitutional amendment to introduce a two-term limit for the Prime Minister. 

So, how do we make sense of the government’s reform agenda so far, particularly when it comes to prosecutorial independence and the structures of the MACC?

We speak to Maha Balakrishnan, Parliamentary and Policy Advocacy Specialist. 


Image Credit: Shutterstock

Malaysia today finds itself at an important juncture. For starters, the MADANI government is currently led by a reformist coalition and a Prime Minister who has championed good governance and institutional reform for decades.&nbsp;The past few weeks have been especially pivotal, though. On the one hand, you’ve got a recent Bloomberg investigation into alleged “corporate mafia” behaviour within the Malaysian Anti-Corruption Commission (MACC), including controversy surrounding Chief Commissioner Azam Baki.&nbsp; This has reignited public concerns about integrity and continues to impact public trust in the government and institutions.&nbsp;At the same time, the government has tabled major reform initiatives&nbsp; from the long-debated Attorney General–Public Prosecutor split to a constitutional amendment to introduce a two-term limit for the Prime Minister.&nbsp;So, how do we make sense of the government’s reform agenda so far, particularly when it comes to prosecutorial independence and the structures of the MACC?We speak to Maha Balakrishnan, Parliamentary and Policy Advocacy Specialist.&nbsp; Image Credit: Shutterstock

Work, Wages and Savings: Unpacking Malaysia’s Economic Reality

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