KUALA LUMPUR, May 29 -- The Department of Statistics Malaysia (DOSM) has predicted that the country is heading into an economic recession in the next four to six months.

In the Malaysian Economic Statistics Review (MESR), chief statistician Datuk Seri Mohd Uzir Mahidin said that their prediction was based on the latest leading Indicators and that dynamic measures are required to transform the current economic structure.

Currently, the nation's economy is heavily dependent on commodities-based industries and low value-added industries hiring low-skilled and semi-skilled workers who are earning low wages.

"As a consequence, the share of Malaysia's compensation of employees to the economy is relatively low compared to advanced economies....