PETALING JAYA: Malaysia’s move to raise the minimum wage by RM200 to RM1,700 does not account for the disparity in cost of living across different states, says an economist.
While the RM1,700 wage may be manageable in the Klang Valley, it could strain businesses in regions where the cost of living is lower, said Dr Carmelo Ferlito, CEO of the Centre for Market Education.
