‘Minimum wage increase likely to affect SMEs’

According to Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali, the government needs to consider the SMEs and informal sector before making a decision to increase the country’s minimum wage.

KUALA LUMPUR: A higher minimum wage may hurt the small and medium-sized enterprises (SMEs) as they are still struggling from the effects of the Covid-19 pandemic.

According to Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali, the government needs to consider the SMEs and informal sector before making a decision to increase the country’s minimum wage.