SMEs may pass on minimum wage costs to consumers

PETALING JAYA: Business owners and employers warned that the new minimum wage – which they have called for it to be deferred – will see consumers ending up having to pay more for goods and services.

SME Association of Malaysia immediate past president Teh Kee Sin said employers in the small medium enterprises would be burdened by the need to cough up more for operational costs and these would have to be passed on to consumers.