Foreign labour to cost more

Light moment: (From left) Low, Wahid, Dr Moreno and Dr Zachau after the launch of the 2015 Malaysia Economic Monitor at Bank Negara yesterday.

KUALA LUMPUR: The cost of hiring foreign workers is expected to go up next year – as part of a deliberate policy to reduce the number of foreign workers in the country.

Under the plan, employing a foreign worker is expected to cost at least 30% more for certain industries, making it cheaper for employers to hire locals instead.