World Economy

Malaysians’ Income Rises

Malaysians’ Income RisesMalaysians’ Income Rises

The median monthly household income for Malaysians in 2014 increased by 11.7% annually to RM4,585 ($1,230.2) from RM3,626 in 2012, Yahoo News reported. The Department of Statistics Malaysia said this in its report on the Household Income and Basic Amenities Survey 2014, held to collect data on the characteristics of Malaysian households. “The survey was conducted using personal interview approach in a 12-month period in 2014, covering both the urban and rural strata. In general, there are four sources of income that can be received (accrued) by households–income from paid employment; self-employed; income from property and investments; and, current transfer received,” it said in a statement.