Following the national minimum wage hike to RM2,000 under Budget 2027, Kesuma is preparing comprehensive MASCO starting salary guidelines and an e-wages system to track worker payments
Govindasamy Jayabalan seeks clarity on the duration of the RM2,000 wage exemption, alongside lower operating costs and faster foreign worker approvals.
Raising the baseline salary to RM2,000 promises better living standards and higher workforce productivity, though experts urge balanced implementation to support small businesses transitioning to higher labor costs
MSMEs with annual sales below RM50 million will receive an exemption to adjust business models, while fresh graduates face a new RM2,500 monthly income framework under Budget 2027
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil