Minimum wage policy needs fine-tuning, says economist

KUALA LUMPUR: The government must further adjust and fine-tune the minimum wage policy to effectively improve the lives of low-income earners, says Universiti Sains dan Teknologi Malaysia economist Prof. Dr. Barjoyai Badai.

He said that to balance workers' needs with business requirements and broader economic considerations, certain areas need improvement, such as a gradual increase in the minimum wage by 65 percent over the next 10 years.