Malaysia to raise minimum monthly wage to 2,000 ringgit from 2027
Summary
Malaysia will raise its minimum monthly wage to 2,000 ringgit from June 2027, a move set to lift earnings for more than four million workers, including many Nepalis employed there. Small and medium-sized enterprises with annual turnover below 50 million ringgit will be exempt from the new rule.
Key Points
- Malaysia’s minimum monthly wage will increase from 1,700 ringgit to 2,000 ringgit starting June 2027.
- Prime Minister Anwar Ibrahim announced the change while presenting the 2027 budget to parliament.
- The new wage floor will also apply to foreign workers, including employees from Nepal, Bangladesh and Indonesia.
- Micro, small and medium-sized enterprises with annual turnover below 50 million ringgit will be exempt from the requirement.
