
Financial news: Employers should contribute 20 pct for employee’s EPF?
“Malaysia increased the national minimum wage in May 2022 by 25 percent from 1,200 ringgit (US$273) to 1,500 ringgit (US$341), however, employers with less than five employees were granted an exemption to the hike until January 1, 2023, before being extended again to July 2023.” (Full article here: aseanbriefing.com)