Proposed minimum wage to hit manufacturing & plantation sectors, but weak ringgit may cushion impact, say analysts.
Weak ringgit to cushion floor wage hike: UOBKH
www.kinibiz.com
The expected minimum wage increase pending cabinet approval will hit manufacturing and plantations sectors the hardest, though the weak ringgit would mitigate this impact to some extent, said a research house. Last Friday, Human Resources Minister Richard Riot Jaem announced …
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