Labour market reform urgently needed to deal with low wages, says BNM | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Labour market reform urgently needed to deal with low wages, says BNM

Bank Negara assistant governor Marzunisham Omar says an important measure to tackle the problem of low wages is a comprehensive plan on foreign labour that would sharply reduce the pool of cheap, unskilled foreign workers in the country. – The Malaysian Insight pic by Hasnoor Hussain, March 28, 2019.

LINKING salaries to productivity levels and investment perks to high-skill job creation are some of the measures the government needs to put in place if it is serious about tackling the problem of low wages, said a Bank Negara senior official. BNM assistant governor Marzunisham Omar said another important measure was a comprehensive plan on foreign labour that would sharply reduce the pool of cheap, unskilled foreign workers in the country.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines