Malaysia Today - Your Source of Independent News
Malaysia Today - Your Source of Independent News |
| World Bank’s Report on Malaysian Minimum Wages Posted: 10 Oct 2012 02:22 PM PDT I am encouraged to do so by Kota Belud MP Abdul Rahman Dahlan, who on twitter claimed that he had "checked wt Ministry of Human Resources thru @PKamalanathan. WorldBank report on min wage is not classified as u alleged!" Pakatan Rakyat had repeatedly called on the Government to release the World Bank report but to no avail. The World Bank document shows that the impact of a minimum wage, whether it is at RM900 or RM1,100, on most sectors is minimal, except in the low-end manufacturing (Pg.12), which the Government should assist through other means such as facilitation to move from labour intensive to technology and skills intensive operations. The Report also shows that the implementation of a minimum wage has very little impact on the decision of investors as labour cost is but a small fraction of total investment. "Location-specific characteristics such as infrastructure and the regulatory environment are the main drivers of FDI (Pg. 13)," according to the report.
|
| You are subscribed to email updates from Malaysia Today - Your Source of Independent News To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 ulasan:
Catat Ulasan