By Clara Chooi
The Malaysian Insider
Apr 14, 2012
KUALA LUMPUR, April 14 — Lim Guan Eng told Prime Minister Datuk Seri Najib Razak today that his much-awaited minimum wage policy was insufficient to improve living standards without total reforms to the country’s economy, education and workforce policies.
The Penang Chief Minister said the new wage floor of RM1,100, to be announced this April 30, must come hand in hand with higher productivity jobs, increased female participation in the workforce and “accelerated structural reforms” to the economy aimed at reducing corruption and plucking leakages.
However, Lim added that although the new wage floor to be announced by Najib was purportedly due to opposition pressure, DAP would welcome the announcement.
Malaysians, he added, have “high expectations” of Najib.
“Malaysia is in sore need of structural economic reforms to make us more competitive, transparent, efficient as well as reduce leakages caused by wastage and corruption.
“Structural economic reforms such as open competitive tenders, full disclosure of contracts and personal assets of Ministers as well as a performance-based delivery system must carried out,” he said in his Tamil and Vaisakhi new year message today. Continue reading “Guan Eng: Minimum wage not enough to improve living standards”