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Malaysia: Minimum wage increase could affect SMEs: Azmin

KUALA LUMPUR: A higher minimum wage could hurt small and medium enterprises (SMEs) as they are still struggling from the Covid-19 aftermath. Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said the government need to consider the SMEs and informal sector before making any decisions to increase the country’s minimum […]

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Malaysia: Ringgit opens lower against US dollar

KUALA LUMPUR, March 4 ― The ringgit opened lower against the US dollar today as the greenback’s buying interest recovered, backed by the lower US weekly initial jobless claims data, an analysts said. At 9am, the local note was trading at 4.1900/1920 versus the greenback compared with 4.1870/1890 at yesterday’s close. According to reports, the […]

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