SMEs may pass on minimum wage costs to consumers


PETALING JAYA: Business owners and employers warned that the new minimum wage – which they have called for it to be deferred – will see consumers ending up having to pay more for goods and services.

SME Association of Malaysia immediate past president Teh Kee Sin said employers in the small medium enterprises would be burdened by the need to cough up more for operational costs and these would have to be passed on to consumers.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , SME , minimum wage

   

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