KUALA LUMPUR, April 14 — Two chambers of commerce have expressed their disappointment with the federal government’s decision to implement a new minimum wage of up to RM1,500 per month beginning on May 1.
Datuk Low Kian Chuan, president of the both National Chamber of Commerce and Industry of Malaysia (NCCIM) and the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) claimed that the decision would lead to inflation.
“We get bits and pieces of news about the new minimum wage in media,” Low said in a statement.
“Prime Minister [Datuk Seri Ismail Sabri Yaakob] and Human Resources Minister [Datuk Seri M Saravanan] have repeatedly promised to have an engagement session with the business associations but to our disappointment this announcement was made without any prior engagement and consultation with us.
“In the past practices, there was sufficient engagement and timeline for the implementation of minimum wage,” he added.
The government had been teasing a higher minimum wage since March this year but announcements regarding the matter were piecemeal, until Saravanan’s announcement last night that the new minimum wage is set to start next month.
The matter was first mentioned by Ismail Sabri during his winding-up speech at his party Umno’s General Assembly last month.
Saravanan added that some sectors will be given leeway in the minimum wage increase, with companies employing less than five workers currently exempt for now, alongside those experiencing huge losses such as farmers, hospitality and tourism industries.
However, Low stressed that judging from the announcement, most small medium enterprises (SMEs) would still be affected by the hike.
According to Saravanan, the implementation of the minimum wage rate is in line with the National Wage Consultative Council Act 2011, which needs to be reviewed once every two years.
The announcement has been celebrated by the public, seeing it as a policy that has been a long time coming.
However, opposition and pressure have come from employers and capitalists who have consistently attempted to delay the implementation citing rising costs and additional burden to them.
https://www.malaymail.com/news/malaysia/2022/04/14/chambers-of-commerce-claim-werent-consulted-on-new-rm1500-minimum-wage-lame/2053559
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Chambers shouldn't lie. the proposal to increase minimum wage has always been there many years ago before my retirement. Perhaps they (the chambers) didnt do their job competently enough?? Same old story and excuses from chambers
2022-04-15 08:46
Just prepare to pay 10% for every thing u buy for this silly policy loh!
2022-04-19 13:22
not yet implement,the Cuepac chief already start request minimum wage 1800..better give him a money printing machine to printout as much as he like
2022-04-19 17:48
Plenty of BS why minimum wage can't be implemented! Especially now with SST, can easily escape paying tax! Malaysians have suffer long enough!
2022-04-19 21:36
Yes....need to balance mah!
If u implement Min pay Rm 1500 or higher.....the inflation will increase.....at the same time...the increase in purchasing power of b40 will cancel out loh!
But retiree will suffer mah!
Lu tau boh ???
2022-04-20 13:05
IT all boil down to
Belajar kat sekolah mana?
SPM ekonomi already hinted
2022-04-20 13:17
Need to help the b40 to make more money & not simply raising the min pay mah!
How ??
1. Upgrade their skills to command better & more senior pay loh!
2. Work harder like getting 2nd & 3rd source of income like do extra job like grabs, panda, lalamove etc or direct selling and moonlighting loh. The principle of hardworking mah!
3. Improve their wealth management....like not spending unnecessary & invest on things that generate positive cashflow mah!
These are the area that the govt should help b40 loh!
Teach the man how to fish & he can have fish for the rest of his life mah!
Lu tau boh ?
2022-04-20 13:36
Don't talk kok lah.
Upgrade skill, got job or not?
Everything give to foreign worker, Malaysian do what? Bang balls?
Work harder, you mean 24 hours x 365 days?
2022-04-20 16:41
Pakai otak lah!
U think money come from thin air meh ?
Surely u need hardwork, smart work and good leadership and guidance for successful loh!
Simply raising min pay without corresponding productivity is useless syiok sendiri policy loh!
2022-04-20 19:30
You must be dikhead to think money comes from thin air mah.
How much you need to survive.
You think everyone is intelligent and bestowed with good health to work hard and follow orders like stuppid bulls?
The minimum salary never even got raised since your mother ran in bikini around the swimming pool mah!
2022-04-20 20:04
No wonder u r called Dick loh!
U mean Min pay Rm 1500.....no need to work meh ?
Btw....the min salary has been raise almost every year from Rm 600 to Rm 1500....but what happen leh ?
Msian b40 continue to be poor despite min pay raise mah!
This is bcos increase in cost of living due to inflation mah!
Pakai otak lah!
U think money come from thin air meh ?
Surely u need hardwork, smart work and good leadership and guidance for successful loh!
Simply raising min pay without corresponding productivity is useless syiok sendiri policy loh!
U have a dickhead mah!
2022-04-21 11:52
Listen lah!
Raider is an ex B40.....when i started working my pay was Rm 180 a month loh!
Thru hard work & continue searching for business opportunity....raider manage to become a millionaire today loh!
I own some property which i collect rental monthly and i have some investment that give me steady div......today i m quite financial inde pendent mah!
In order to help B40.....is not simply raise min pay....but guide them how to be successful loh!
Of cost the B40 must have the inherent desire to succeed mah!
Need to help the b40 to make more money & not simply raising the min pay mah!
How ??
1. Upgrade their skills to command better & more senior pay loh!
2. Work harder like getting 2nd & 3rd source of income like do extra job like grabs, panda, lalamove etc or direct selling and moonlighting loh. The principle of hardworking mah!
3. Improve their wealth management....like not spending unnecessary & invest on things that generate positive cashflow mah!
These are the area that the govt should help b40 loh!
Teach the man how to fish & he can have fish for the rest of his life mah!
2022-04-21 11:59
Who cares about your progress?
You must be an A-hole to think the template applies to every human.
If yes, then the world will be paradise.
Your ASSumption are only valid in Cinderella's world.
Come to reality.
You teach people to fish in a polluted river, you don't gate fish ma but chemical tanks.
Don't ASSUME like an ASS that everything is fine and dandy also living in a perfect world.
2022-04-21 14:35
Who cares about your progress?
You must be an A-hole to think the template applies to every human.
If yes, then the world will be paradise.
Your ASSumption are only valid in Cinderella's world.
Come to reality.
You teach people to fish in a polluted river, you don't get fish ma but chemical tanks.
Don't ASSUME like an ASS that everything is fine and dandy also living in a perfect world.
2022-04-21 15:11
It's just like groundhog day.
Some quotes from an article in March 2012, yes 10 years ago.
“It is definitely an indicator that elections are around the corner,” Shaun Levine, a Southeast Asia analyst with Eurasia Group, said of the new wage policy.
"Even former premier Mahathir Mohamad has weighed in, saying the move would bankrupt Malaysia, once known as Southeast Asia’s electronics hub."
"The Malaysia’s Employers Federation painted an even bleaker picture, forecasting that the minimum wage would wipe out 4 million jobs and 200,000 companies."
Reference: https://www.reuters.com/article/malaysia-wages-idUKL4E8EC0YH20120312
The more things change, the more they stay the same :)
2022-04-21 15:30
Change is good. Wipe out those saboteurs and bring in fresh players with heart.
2022-04-21 15:39
DickyMe
Why must consult?
Cannot follow directive, close shop.
2022-04-14 20:27