Malaysia to raise minimum monthly wage to 2,000 ringgit from 2027

AI Summary

Malaysia plans to raise its minimum monthly wage to 2,000 ringgit in 2027, a measure expected to benefit more than four million workers, including Nepalis. Micro, small and medium-sized businesses will be exempt from the increase.

The increase, announced in the 2027 budget, is expected to benefit more than four million workers, including Nepalis, although micro, small and medium-sized businesses will receive an exemption.