Enabling Investments into the Malaysian Care Economy

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Enabling Investments into the Malaysian Care Economy

July 5, 2024

This report summarizes the findings and recommendations made in a longer report “MALAYSIAN CARE ECONOMY: LANDSCAPE ANALYSIS” which was commissioned by the United Nations Development Programme Country Office for Malaysia, Singapore and Brunei Darussalam and United Nations Development Programme Bangkok Regional Hub (BRH).

Today, millions of older persons, children, and persons with disabilities remain confined to institutions, as a primary form of government provision of care in many countries. The report makes the case that strengthening the Care Economy through investments and social solutions can have a plethora of positive effects on people’s lives and the economy.

With greater market competition and innovation, private care solutions will settle at a more affordable price point in the long run. At the same time, access to care will be enhanced, use of technology and the level of quality and range of care options available can be multiplied.