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alp227

(31,962 posts)
Mon Apr 30, 2012, 11:55 PM Apr 2012

Malaysia introduces minimum wage for the first time

Source: BBC

Malaysia has introduced a minimum wage for the first time in a move to support low income households and amid speculation that the government may call elections soon.

Private sector workers in peninsula Malaysia will receive a minimum salary of 900 ringgit ($297; £183) a month.

Workers in the states of Sabah and Sarawak will get 800 ringgit.

Malaysia, South East Asia's third-largest economy, has set a target to achieve rich nation status by 2020.

Read more: http://www.bbc.co.uk/news/business-17903906



Corporations running sweatshops in Malaysia: "Uh-oh."
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Malaysia introduces minimum wage for the first time (Original Post) alp227 Apr 2012 OP
Well, at least they realize the way to get to be a wealthy nation Warpy May 2012 #1

Warpy

(110,913 posts)
1. Well, at least they realize the way to get to be a wealthy nation
Tue May 1, 2012, 12:23 AM
May 2012

is to increase the wealth of their people. Having a few ridiculously rich people while the rest live on crumbs does not a vibrant economy make. It would keep them third world.

How long do you suppose it will take Congress to catch the same clue? Europe? Anybody?

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