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Consider This: Budget 2027 — Can Malaysia Raise Wages?

Consider This: Budget 2027 — Can Malaysia Raise Wages?

Budget 2027 proposes a minimum starting salary of RM2,500 a month for graduates and semi-skilled workers, with implementation targeted for June 2027. The government says the move is part of a broader effort to ensure wages better reflect workers' qualifications and skills.

However, will a higher starting salary translate into stronger financial security and a more sustainable future for young workers? What are the proposed policy's potential and its limitations? On this episode of #ConsiderThis Melisa Idris speaks with Dr Suraya Ismail, Director of Research of Khazanah Research Institute, and Dr Juita Mohamad, Senior Lecturer at Universiti Malaya’s Department of Economics.