Malaysia’s Median Wage Growth To Reach 6.5 Per Cent This Year –

The Malaysian median wage growth is expected to reach 6.5 per cent this year on the back of an improved and stable labour market. MIDF Research said the projected growth was in line with the country’s track record which saw median wage grew above five per cent for two consecutive years, namely 6.7 per cent in 2015 and 6.4 per cent in 2016.

“Moving forward, we foresee wage growth to stay on course, registering above five per cent, given upbeat outlook for 2017,” it said in a research note today.