News

Current Minimum Wage Can Be Revised In Stages – Wahid Omar

KUALA LUMPUR, Sept 22  — The country’s current monthly minimum wage of RM1,200 (US$283) can be revised upwards as the government has the capacity to accommodate the increment, said former Minister in the Prime Minister’s Department, Tan Sri Abdul Wahid Omar.

Abdul Wahid, who is currently the chairman of Bursa Malaysia Bhd, said this can be done gradually over a period of time to give businesses enough time to plan accordingly.

This would also encourage them to enhance automation and improve their processes, subsequently creating more high-value jobs for local workers, he said.

“It is important for all employers to ensure that their employees are sufficiently remunerated and are provided with good facilities, as well as a safe and conducive working environment.

“I think there is actually room for wages to be increased over time, but what is important for the government (is) to set a long-term or medium-term target,” he told a virtual press conference on the sidelines of the virtual 2021 APAC Summit here today.

The minimum wage was last revised on Feb 1, 2020, with a RM100 hike.

In the meantime, Abdul Wahid said he hoped that businesses would take the initiative to offer fair remuneration for their workers instead of waiting for the government’s to announce a new policy on the minimum wage.

Sources: BERNAMA

Adib Mohd

Recent Posts

LEGOLAND® Malaysia’s Summer Carnival Is Back With a Splash For a Third Year

ISKANDAR PUTERI, 2 July 2025 - Grab your crew and get ready to splash, play,… Read More

1 day ago

Don’t Own a House? Tenants Can Still Enjoy Lower Electricity Bills with ToU

Starting 1 July 2025, Malaysia rolled out a new electricity pricing system called Time-of-Use (ToU),… Read More

2 days ago

The 8% Era Is Here: SST Just Got A Glow-Up, But What Changes?

As of 1st July 2025, Malaysia officially entered the 8% era and no, we’re not… Read More

2 days ago

CDO CONVEX 2025 Champions a New Era of Agile Digital Leadership in Public Sector

The Public Sector Chief Digital Officers Conference 2025 (CDO CONVEX 2025), themed "Agile and Intelligent… Read More

2 days ago

OPPO Reno14 Series Shines at OOO Music Festival Launch, Fusing Tech with Rhythm and Style

OPPO Malaysia brought together music, technology, and lifestyle in spectacular fashion as it officially unveiled… Read More

2 days ago

Zurich Malaysia Joins the Liga 7X7 All Stars 2025 Lineup as Presenting Partner

Liga X Sdn. Bhd. (Liga X) has officially announced Zurich Malaysia (Zurich) as the Presenting… Read More

3 days ago

This website uses cookies.