KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia’s minimum wage could be raised to RM1,900-RM2,000 but should be introduced gradually and tailored to different sectors and states to ease pressure on micro, small and medium enterprises (MSMEs), an economist said.
Business : Minimum Wage Of RM1,900-RM2,000 Should Be Phased In, Tailored By Sector -- Economist
Mohd Afzanizam Abdul Rashid, minimum wage, MSMEs,
BE Bernama 
Key points
- Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said a targeted approach was needed because wage structures, workers’ skill levels and operating costs varied across industries, while labour market conditions also differed between urban and rural areas.
- “The last revision was about two years ago, so perhaps it is time to raise it again to a higher level, possibly RM1,900 or RM2,000,” he told reporters after Bank Muamalat’s Corporate Economic Forum 2026.
- While higher minimum wages were important and broadly welcomed by workers, he said rising labour costs could put pressure on business operations, particularly for MSMEs.
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