Govt to announce firm measures to ensure fair wages in Budget 2027, says Anwar
SHAH ALAM, Sept 26 — The government will announce more decisive measures to ensure graduates secure jobs that matc...
The Malaysian government is planning to introduce more stringent measures to ensure that graduates can secure jobs that align with their qualifications and receive fair wages in the upcoming Budget 2027, set to be presented on October 9, according to Prime Minister Anwar Ibrahim. The prime minister is currently in the final stages of budget preparation and aims to implement more comprehensive initiatives to ensure that wage increases are in line with graduates' qualifications.
He cites South Korea as an example, where productivity growth has been accompanied by significant wage increases. In Malaysia, while productivity continues to rise, wage growth remains modest. To address this disparity, the government will utilize its authority to exert pressure, Anwar stated during a question-and-answer session at the UiTM Alumni Gathering at the university's Dewan Agung Tuanku Canselor (DATC) in Shah Alam.
Regarding management issues at UiTM Holdings Sdn Bhd, Anwar emphasized the need for further study before taking any action. He indicated that reports on the matter would be considered in cooperation with the UiTM vice-chancellor and the Prime Minister’s Department, stating that his office would provide necessary support. Anwar stressed the importance of good governance, particularly in Bumiputera agencies, urging them to set an example for society.
In 2023, the Malaysian Anti-Corruption Commission (MACC) investigated allegations of misappropriation resulting in a RM157 million loss for UiTM Holdings Sdn Bhd, focusing on issues related to funds and investments that led to substantial financial losses.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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