Minimum Wage - Pipe Dream?
Dr. Lee Hwok Aun
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The minimum wage was first introduced in January 2013 to assist the government’s New Economic Model policy, which aims to transform Malaysia from a middle-income to a high-income economy by the year 2020. During Budget 2016, Prime Minister Datuk Seri Najib Razak said his government planned to increase minimum wage in the country. We look at possible repercussions.
This is a report by Jason Lim and Sonia Naidu.
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Tags: minimum wage, new economic model, income, Budget 2016, Year 2020, Najib Razak