RM1,500 minimum wage hike could lead to inflation, warns NCCIM


  • Nation
  • Tuesday, 22 Mar 2022

PETALING JAYA: The implementation of the minimum wage hike to RM1,500 could lead to price increases as businesses seek to protect their business margins, says the National Chambers and Commerce and Industry of Malaysia (NCCIM).

Its president Datuk Low Kian Chuan said there were concerns regarding the minimum wage hike, as it comes at a time when businesses are recovering from the economic effects of Covid-19 restrictions.

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