Malaysia Oversight

GLICs adopt living wage policy for all permanent M’sian employees

By MkiniEN in May 1, 2025 – Reading time 1 minute
GLICs adopt living wage policy for all permanent M'sian employees


Government-linked investment companies (GLICs) have collectively implemented a living wage policy, ensuring all permanent Malaysian employees earn above the monthly living wage threshold.

The GLICs that have met this commitment include Khazanah Nasional Berhad, Permodalan Nasional Berhad (PNB), the Employees Provident Fund (EPF), Retirement Fund (Incorporated), Armed Forces Fund Board (LTAT) and (TH).



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