Rising pressure on margins


Soh believes several factors will influence a company’s ability to absorb the impending rising labour costs.

LABOUR-intensive industries are on high alert as the government gears up for a reassessment of the minimum wage in Malaysia this year.

The impending review, announced by Human Resources Minister Steven Sim in the Dewan Rakyat on March 14, has sparked concern among stakeholders about the potential impact for businesses and workers alike.

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