Wage reform concerns

FMM's Soh emphasised the need for clear long-term policies.

PETALING JAYA: As Malaysia grapples with economic strains and a complex tax landscape, concerns are mounting within the business community over proposed wage reforms.

National Chamber of Commerce and Industry of Malaysia president Tan Sri Soh Thian Lai expressed concern that implementing both a minimum wage policy and a progressive wage model (PWM) could impose additional burdens on business owners, especially when coupled with the strain of multiple taxes on businesses.