Minimum wage hike could boost Sabah's Economy

Sabah Human Resource Department director Zulkfli Wan Setapa talking to the media while Science, Technology and Innovation Minister, Datuk Dr Mohd Arifin Mohd Arif (right) and Federal Human Resources Ministry secretary-general, Datuk Azman Mohd Yusof (second right) look on.

KOTA KINABALU: The increase in Malaysia’s minimum wage from RM1,500 to RM1,700 per month could boost the economy, says Sabah Human Resource Department director Zulkfli Wan Setapa.

He explained the concept as the “velocity of money.”