Malaysia Considers Raising Minimum Monthly Wage to 2,000 Ringgit, Benefiting Nepali Workers
Summary
Malaysia is considering raising its minimum monthly wage from 1,700 ringgit to 2,000 ringgit, a move that would also benefit thousands of Nepali workers employed there. The government is expected to announce the decision in the 2027 budget on October 9.
Key Points
- Malaysia is discussing increasing the statutory minimum monthly wage from 1,700 ringgit to 2,000 ringgit, with a final decision expected in the 2027 budget.
- The wage hike would directly benefit Nepali workers in Malaysia, where about 400,000 Nepalis are employed.
- Prime Minister Anwar Ibrahim has argued that workers should share in company profits as productivity and income rise.
- The Malaysian Trades Union Congress is demanding a much higher minimum wage of 3,100 ringgit, while small businesses warn of higher labor costs.