Budget 2027: Technology adoption, business growth key to higher wages, says minister

KUALA LUMPUR, Oct 14 — The adoption of technology and business scaling can boost company productivity and enhance the ability to share the gains of growth with employees through wage increases, said Economy Minister Akmal Nasrullah Mohd Nasir.

He noted that efforts to raise productivity to support wage growth must involve not only employees but also the capabilities of employers.

“The current wage increases must be balanced with productivity, not only at the level of the workers themselves but also among employers,” he told Bernama after appearing as a guest on the Bernama TV programme Ruang Bicara , titled “Budget 2027: Quality Economic Growth, Prosperous People” yesterday evening.

Akmal Nasrullah said the adoption of technology and financing that supports business scaling are among the ways to strengthen the capabilities of micro, small and medium enterprises (MSMEs).

“When we speak of the capabilities of MSMEs, we certainly hope they will continue to strengthen their businesses.

“As that scaling-up occurs more effectively and comprehensively, they will be able to share a portion of the growth proceeds with their workers,” he said.

Regarding the sectors targeted for productivity improvements to support wage increases, he said the manufacturing sector needs to move towards more comprehensive technology adoption, rather than relying on low-cost labour, including foreign workers.

He said the initiative aligns with the 13th Malaysia Plan target of reducing reliance on foreign workers from 15 per cent to 10 per cent by the end of the plan period.

“Such sectors certainly need continued encouragement to further enhance their productivity and capabilities,” he said.

According to Akmal Nasrullah, the use of energy-efficient machinery or equipment is also a method for reducing company operating costs.

He noted that government matching grants are available for conducting energy efficiency audits, while details regarding specific funds for technology adoption and productivity enhancement fall under the purview of the relevant ministries. — Bernama

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吉隆坡，10 月 14 日讯——经济部长阿克马尔·纳斯鲁拉·莫哈末·纳西尔表示，采用技术和扩大业务规模可以提高公司生产力，并增强公司通过加薪与员工分享增长收益的能力。

他指出，提高生产率以支持工资增长的努力不仅需要雇员的参与，还需要雇主的能力。

“目前的工资增长必须与生产力保持平衡，不仅在工人自身层面，而且在雇主层面也是如此，”他在昨晚作为嘉宾出现在马来西亚国家通讯社（Bernama）的电视节目“Ruang Bicara”（主题为“2027 年预算：高质量经济增长，人民繁荣”）后告诉马来西亚国家通讯社。

阿克马尔·纳斯鲁拉表示，采用支持企业规模化的技术和融资方式是增强微型、小型和中型企业 (MSME) 能力的方法之一。

“当我们谈到中小微企业的能力时，我们当然希望它们能够继续加强自身的业务。

他说：“随着规模扩大得更加有效和全面，他们将能够与员工分享一部分增长收益。”

关于为提高生产力以支持工资增长而重点关注的行业，他表示，制造业需要转向更全面的技术应用，而不是依赖包括外国工人在内的低成本劳动力。

他表示，这项举措符合马来西亚第十三个五年计划的目标，即在计划期结束时将对外国劳工的依赖程度从 15% 降低到 10%。

他表示：“这些行业当然需要持续鼓励，以进一步提高其生产力和能力。”

阿克马尔·纳斯鲁拉认为，使用节能型机械或设备也是降低公司运营成本的一种方法。

他指出，政府会提供配套补助金用于开展能效审计，而有关技术推广和生产力提升的具体资金细节则由相关部门负责。——马新社

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