Power hike is triple whammy, say employers

PETALING JAYA: The Malaysian Employers Federation is appealing to the Government to defer the implementation of the electricity tariff increase.

MEF executive director Sham-suddin Bardan said the timing of the hike would adversely affect big and small businesses as employers are already facing higher operational costs with the minimum wage ruling effective next month and the retirement age extension to 60, which was implemented last July.