Malaysia to Focus on Living Costs, Raising Wages as Growth Slows
This article is for subscribers only.
Prime Minister Anwar Ibrahim is exploring how to boost wages for Malaysian workers, as gloomy economic prospects pose headwinds to his fledgling administration.
Malaysia plans to set a wage growth target for all workers and formulate policies to support this, Economy Minister Rafizi Ramli told a press conference Wednesday. The National Economic Action Council will meet in March to discuss this in a meeting chaired by the prime minister, he added.