Higher minimum wage not a silver bullet, but crucial for income growth, says Johan Merican

🌐 Malay Mail (MY) —
Higher minimum wage not a silver bullet, but crucial for income growth, says Johan Merican

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Malaysia’s planned RM2,000 minimum wage, due to take effect next June, is intended to support income growth, according to Johan Merican. He cautioned that the wage increase is important but not a complete solution to broader income challenges.

KUALA LUMPUR, Oct 13 — The implementation of the RM2,000 minimum wage next June is structured to provide businesse...

Politics Markets Malaysia minimum wage RM2,000 income growth labor policy Johan Merican

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