MUMBAI: The Indian rupee slipped to an all-time low on Friday (Jan 31), as the threat of US trade tariffs under President Donald Trump weighed on most Asian currencies, while the Reserve Bank of India likely stepped in to support the local unit, traders said.
KUALA LUMPUR: A total of 4.37 million workers stand to benefit from the implementation of the Minimum Wage Order of RM1,700 per month from Saturday .
"It also aligns with the government's commitment to raising the standard of the national economy by increasing purchasing power, ultimately improving the quality of life for the people," the ministry said in a statement on Friday . To ensure a smooth transition, the ministry said it has introduced several support initiatives for employers and employees.A complaints and monitoring channel has also been set up for employees facing non-compliance issues through the Labour Department of Peninsular Malaysia, the Sabah Labout Department, and the Sarawak Labour Department.
Human Resources Ministry Ekonomi Madani Employers Employees Skills National Wages Consultative Council Act 2011
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