{
  "id": 9532646,
  "title": "2027 Budget must tackle brain drain, retain semiconductor talent",
  "url": "https://urgent.news/2026/09/24/2027-budget-must-tackle-brain-drain-retain-semiconductor-talent",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-24T10:01:48.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/news/nation/2026/09/1540266/2027-budget-must-tackle-brain-drain-retain-semiconductor-talent"
  },
  "original_language": "en",
  "account": null,
  "summary": "The 2027 Budget must address Malaysia's brain drain in the high-tech sector, particularly in the semiconductor industry, according to Farid Maulud, a student of International Affairs at Ming Chuan University in Taipei. Despite the growth in manufacturing investments, entry-level median salaries for engineering and technical graduates remain stagnant, and about 5.5% of highly educated Malaysians migrate abroad, a rate higher than the global average. To retain Malaysia's semiconductor talent and transition the country from a semiconductor assembly hub to a high-income design and innovation economy, Farid suggests several policy pillars for the 2027 Budget. These include offering equity and tax incentives for local R&D, prioritizing IC design-focused execution in the National Semiconductor Strategy, and establishing dignified wages through competitive domestic compensation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}