Tuesday, January 5, 2016

MALAYSIA:::MTUC foresees 2016 to be challenging

 Workers are urged to be prudent in their spending due to rising cost of living this year.
Malaysian Trade Union Congress (MTUC)'s secretary general N.Gopal Kishnam said they foresee the year being challenging especially with prices of goods increasing and those being affected are the middle income group - the workforce.

He said the cost of living for employees from the middle and lower income groups are going to be very high.
He hoped the government would improve the "total income", especially in wages and cost of living allowance for employees.
Gopal attributed the increase in cost of living to the implementation of Goods and Services Tax (GST), removal of petrol subsidy and the toll hike in 2015.
He said the private sector workers need an additional of 20 to 30% income to make ends meet and that is why the cost of living allowance (Cola) need to be increased this year.
Gopal said the late Tun Abdul Razak had recommended the private sector employers to give RM30 as cost of living allowance (Cola) to employees when he was the prime minister and it was given.
He hoped that Prime Minister Datuk Seri Najib Abdul Razak would recommend RM300 as Cola to private sector employees.
He also urged Najib to revise the RM1,000 minimum wage in Budget 2016 to RM1,200 per month due to the high cost of living and that it would be standardised nationwide.
Gopal also called for amendments to be made in the current labour laws such as the Employment Act 1955, Industrial Relations Act 1967 and Trade Unions Act 1959, this year so as to benefit workers in terms of their welfare and rights.
He said they were also monitoring the TPPA agreement as to how it will benefit workers in the long run.
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