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May 4th, 2012 
FAKE NEWS for the Zionist agenda The hike will set the minimum wage at USD 300 a month for all workers in Malaysia including immigrants. Currently the average basic wage in most of the country is about USD 200 dollars a month.
However, employers are warning that the increase is too much and too fast, and that it could lead to many small businesses closing down and cause major job losses.
“We foresee that the micro enterprises may be very hard pressed to survive. The number of people employed in the informal sector is quite high, something like three millions. We foresee that once the small businesses do not wish to continue anymore then these people will be out of job,” Shamsuddin Bardan of the Malaysian Employers Federation told Press TV.
On the other hand, workers organizations say most Malaysian households are still struggling to get by and that even the proposed minimum wage of USD 300 dollars is inadequate.
The employers had pushed for micro businesses to be exempt from the policy. However, the government says while larger businesses will be given a six-month grace period, micro enterprises will have a year to start paying the minimum wage.
The World Bank estimates that wages in Malaysia raised an average of 2.6 percent annually for the past 15 years. A figure that many believe is due to the availability of cheap foreign labor.
TNP/JR/HGH
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