YOURSAY | Malaysia is already the 'sick man' of Southeast Asia

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YOURSAY | 'The ringgit has depreciated against almost all our neighbours' currencies over the past 10 years…'MP SPEAKS | Is Malaysia in danger of being the new 'sick man' of Southeast Asia?MaLusia Forever: Malaysia is already the "sick man" of Asean. The income per capita (in US dollar) has been flatline for almost 10 years, while the rest of Asean goes up.Malaysia can't add value to its economy, like South Korea or Singapore; and can't compete in terms of labour cost with Indonesia or Vietnam.It hasn't done anything significant to improve education standards to be at par with the best (see Malaysia's Programme for International Student Assessment [Pisa] rankings) - a prerequisite to moving up to developed nation status. So, businesses compete on being "cheap" by importing foreign labour.Malaysia is stuck in the classic &…