Minimum wage hike to RM2,000 from June 2027 to benefit 4 million workers
MORE than four million workers will receive a 17.6 per cent minimum wage increase to RM2,000 a month from June 2027, while smaller businesses will be exempted from the new rate, Human Resources Minister Datuk Seri R. Ramanan said. The increase of RM3...
The Malaysian government plans to raise the minimum wage to RM2,000 per month for over four million workers starting June 2027, according to Human Resources Minister Datuk Seri R. Ramanan. The announcement was made as part of the Budget 2027 package. However, smaller businesses will be exempted from the new wage rate, given that micro, small, and medium enterprises (MSMEs) have annual sales below RM50 million.
The government will also introduce a separate RM2,500 minimum monthly wage for semi-skilled jobs and graduates. Additional measures include a RM160 million financing package involving the government and Grab to support e-hailing drivers and p-hailing delivery riders, as well as a RM8 billion allocation for Technical and Vocational Education and Training (TVET) across ministries.
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