Test aku

When I was in high school, I was just like any other SBP students who think of becoming either a doctor or an engineer. However at one point I felt like it was so cliché to only have those jobs as a career. My true vision appeared after I finished my high school. I was introduced to the world of business, finance, banking and economics. I was encouraged by a few individuals to take on actuarial science. Later on as I further my study, I found myself in love with the economics field.

I wish to develop my knowledge and experiences so that one day I can have enough knowledge to improve Malaysia’s economy. I believe with the right people and the right way, we can turn Malaysia into a country far better than the present in every field. And I want to be in charge for the economics field.

Introduction

Introduction

Since the beginning of the minimum wage’s history, the effectiveness of the minimum wage has always been a never ending debate. The initial purpose of minimum wage to help the poor worker from being oppressed with a very low wage is being argued by the potential of the poor worker will not be able to receive any job at all due to the minimum wage policy.

This debate on whether minimum wage will have a significant effect on unemployment has been the main study on the effect of minimum wage since it is first implemented. Malaysia, a developing country in the south-east Asia region is currently on its way to implement minimum wage regulation through the Economic Transformation Programme (ETP), a programme which was launched on 21st September 2001, with an aim to transform Malaysia to become a high-income country by 2020.
In order to achieve this, Malaysia, which has a per capita income of USD 6,700 on the day the programme was proposed will have to achieve the Worlds Bank’s minimum criteria for a high-income country, a per capita income of USD 15,000 – more than double of the Malaysia’s initial per capita income.