Investing Titans Can No Longer Ignore Malaysia’s Labor Abuses
- abrdn says forced labor is material issue in the country
- That comes as more Malaysian firms are accused of labor abuse
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Concerns over labor abuse in Malaysia, long present in the Southeast Asian country, have escalated in the past three months, continuing to spread beyond the palm oil industry to other parts of the economy.
It’s a problem with many implications, first and foremost for the workers themselves, many of whom live in squalid conditions. It also has the potential to threaten the country’s output by stifling direct investment and killing supply contracts.