PETALING JAYA: As Malaysia grapples with economic strains and a complex tax landscape, concerns are mounting within the business community over proposed wage reforms.
National Chamber of Commerce and Industry of Malaysia president Tan Sri Soh Thian Lai expressed concern that implementing both a minimum wage policy and a progressive wage model (PWM) could impose additional burdens on business owners, especially when coupled with the strain of multiple taxes on businesses.
While acknowledging that the PWM is one method to address the perception of low salaries, Soh recognised the challenges of implementing PWM across every industry.
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