KUALA LUMPUR, Oct 12 (Bernama) -- The RM2,000 minimum wage under Budget 2027 has been agreed upon by the National Wage Consultative Council, which also comprises representatives of workers and employers.
Business : RM2,000 Minimum Wage Agreed Upon, MSMEs Given More Time â Johan
Johan Merican, minimum wage, National Wage Consult
Key takeaways
Malaysia agrees on RM2,000 minimum wage for 2027, with MSMEs given extended time to adapt.
- RM2,000 minimum wage approved for 2027, affecting over four million workers.
- MSMEs with sales below RM50 million are temporarily exempted.
- Government aims to maintain fiscal deficit at 3.3% while managing subsidies.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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Related reporting
6 stories on this topic from 4 sources, oldest first.
- Free Malaysia Today Don’t exploit RM2,000 minimum wage, Fomca urges bosses
- Free Malaysia Today Hamzah warns of inequality in exempting MSMEs from RM2,000 minimum wage
- New Straits Times Hamzah: RM2,000 minimum wage exemption risks creating two-tier workforce
- Bernama Business : RM2,000 Minimum Wage Agreed Upon, MSMEs Given More Time â Johan (this story)


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