KUALA LUMPUR, Oct. 13 -- The implementation of the RM2,000 minimum wage next June is structured to provide businesses and corporations with an adequate transition window to adjust their salary frameworks, Treasury Secretary-General Tan Sri Johan Mahmood Merican said.

Speaking to reporters following the Post-Budget 2027 Debate organised by the Malaysian Economic Association in Kuala Lumpur yesterday, Johan identified sluggish wage growth relative to living expenses as the primary driver of household financial strain, even as headline inflation remains contained.

"This is why driving up the people's earning power is so critical. Raising the minimum wage is part of that strategy.

"While it isn't a silver bullet on its own, it plays a vita...