The Research for Social Advancement (REFSA) think tank has called on the government to undertake a mission-oriented industrial policy aimed at creating new jobs in the medium-to-long run.

This was in response to a report by Bank Negara Malaysia (BNM) which revealed the nation’s gross domestic product had contracted 17 percent in the second quarter of 2020 and the unemployment rate hitting 4.9 percent in June - equivalent to 773,200 unemployed people in the country...