Our wages are too low to cope with the rising cost of living
Malaysian wages have not kept pace with the rising cost of living, increasing financial pressure on many households. The article explores structural factors behind prolonged wage stagnation despite post-pandemic price increases. It highlights the need for coordinated policy responses to address income growth challenges. Strengthening wage dynamics is presented as essential for long-term economic resilience and shared prosperity.
06 March 2023 I New Straits Times
Further information is available at
https://tinyurl.com/4mmnk845