KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has expressed the government's seriousness in coming up with a Progressive Wage Policy for the private sector , in line with improvements made to the salaries and allowances of civil servants .
"This is because young people and graduates are asking about their future in the private sector. Hence, the Progressive Wage Policy is introduced," he said in a live address to the nation broadcast via local media channels on Tuesday night. The prime minister said this included improving the business ecosystem to support new, competitive and high-value industries so that investments in the local economy can be increased, leading to a more meaningful rise in the people’s wages.
"Artificial Intelligence is also being prioritised through the establishment of the country's first AI Faculty at Universiti Teknologi Malaysia with networks with all AI disciplines nationwide, science centres and universities," he said.
Anwar Ibrahim Progressive Wage Policy Private Sector Civil Servants Semiconductor TVET AI Hardcore Poverty
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