Unpacking Malaysia's Progressive Wage Policy: A Leap Towards Economic Revival?

Firdaos Rosli, Chief Economist, Bank Islam Malaysia

14-Aug-23 12:00

Unpacking Malaysia's Progressive Wage Policy: A Leap Towards Economic Revival?

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Today, we take a look into Malaysia's proposed progressive wage policy, a potential solution to stagnated salary growth and rising living costs. Prime Minister Anwar Ibrahim champions this voluntary, incentive-based system, aiming to rejuvenate the labour market.

We’re joined by Firdaos Rosli, Chief Economist of Bank Islam Malaysia, to provide insights on the policy's implications, benefits, and challenges.

Produced by: Richard Bradbury, Roshan Kanesan

Presented by: Richard Bradbury, Roshan Kanesan

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Categories: markets, Corporates, government, politics, personal development, financial wellness

Tags: bank islam malaysia, progressive wage policy, automation, digitisation, madani, asean,

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