◉ HEADLINES

RM1700

6-month grace period ending, RM1,700 minimum wage mandatory from Aug 1

HR Ministry says this applies to all employers nationwide regardless of number of staff

‘Minimum wage hike to RM1,700 will affect SMEs outside Klang Valley’

Concerns also raised over 2% tax on dividend income for owners of small enterprises

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

National shuttlers demand RM2 million salaries: can BAM keep up financially?

Several top athletes aim for salaries that could outpace even the highest-earning footballers, raising questions about the sustainability of funding within Malaysian sports