KUALA LUMPUR: The increase in the minimum wage from RM1,500 per month to RM1,700 effective Feb 1, 2025, can boost people's quality of life from various aspects.
Economic analyst Assoc Prof Dr Ahmed Razman Abdul Latiff said the increase, announced by Prime Minister Datuk Seri Anwar Ibrahim when tabling Budget 2025, could, among others, enable workers to enjoy higher purchasing power, which can go on to contribute to a more vibrant economy.