Reconsider minimum wage hike until suitable mechanism is established, says hoteliers

Letters
Saturday, 19 Mar 2022
6:46 PM MYT

The hotel industry is still in the process of recovery.

The announcement by the YAB Prime Minister earlier on Saturday (March 19) regarding the government's decision to increase the minimum wage to RM1500.00 effective on 1 May, 2022 has surprised the hotel industry players.

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Monthly Plan

~~RM13.90/month~~
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

~~RM12.33/month~~
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-PWFQ	0.095	0.100	0.090	0.090	-0.020	-18.18	1,776,391
HSI-CWC4	0.115	0.115	0.100	0.115	0.020	21.05	1,597,279
HSI-CWEP	0.120	0.130	0.115	0.125	0.010	8.70	1,387,381
HSI-PWD2	0.050	0.055	0.045	0.050	-0.015	-23.08	1,032,893
HSI-CWC7	0.060	0.060	0.055	0.060	0.005	9.09	578,547
BPURI	0.300	0.310	0.215	0.255	-0.120	-32.00	488,013
HSI-CWEI	0.175	0.185	0.165	0.185	0.025	15.63	412,000
HSI-PWFK	0.105	0.105	0.100	0.100	-0.015	-13.04	326,448
RTECH	0.245	0.300	0.245	0.285	0.040	16.33	291,899
YONGTAI	0.215	0.240	0.210	0.225	0.005	2.27	279,010
NATGATE	1.200	1.270	1.190	1.250	0.070	5.93	252,914
TANCO	0.855	0.865	0.850	0.860	0.005	0.58	227,531
YTLPOWR-C77	0.030	0.035	0.030	0.035	0.010	40.00	205,386
MYEG	0.905	0.905	0.895	0.905	0.010	1.12	204,512
XIAOMI-C36	0.140	0.145	0.135	0.145	0.005	3.57	201,605

Reconsider minimum wage hike until suitable mechanism is established, says hoteliers

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Monthly Plan

Annual Plan

1 month

SHAPING THE FUTURE OF SUBURBAN LIVING

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19,147,287

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Reconsider minimum wage hike until suitable mechanism is established, says hoteliers

Save 30% for ads-free and full access now!

Monthly Plan

Annual Plan

1 month

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Market Summary

FBM KLCI

19,147,287

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