DOSM: Average Malaysian salary grew to RM3,332 in 2022, but disparity across sectors and skills persists
According to the Economic Census 2023 Employment and Salaries & Wages Statistics report released today, those employed in the mining and quarrying sectors earned the highest monthly wages at RM9,422 in 2022 (2015: RM7,980).
This was followed by the manufacturing (RM3,513), services (RM3,493), and construction (RM2,536) sectors — all reflecting steady wage growth since 2015.
The agriculture sector remained the lowest-paid, with average monthly wages at RM1,827 in 2022, compared to RM1,463 in 2015.
In terms of skill levels, semi-skilled workers made up the majority of full-time employees in 2022, comprising 59.8 per cent or 5.6 million of the total full-time paid workforce of 8.6 million.
Skilled workers accounted for 22.3 per cent, recording a 3.1 per cent annual growth rate since 2015, while low-skilled workers made up 17.9 per cent of the workforce with a 3.5 per cent annual growth rate.
Average monthly salaries for skilled workers stood at RM6,967 in 2022 (2015: RM6,277), reflecting a compound annual growth rate (CAGR) of 1.5 per cent.
Semi-skilled workers earned RM2,548 in 2022 (2015: RM1,832), with a CAGR of 4.8 per cent, while low-skilled workers saw their wages rise to RM1,798 (2015: RM1,280), with a CAGR of 5 per cent.
Geographically, the workforce remained heavily concentrated in Selangor, the Federal Territories of Kuala Lumpur, and Johor — which together accounted for 56 per cent of the national total in 2022.
By establishment size, Micro, Small and Medium Enterprises (MSMEs) continued to dominate employment in the services sector, with 6.5 million people employed in 2022.
In contrast, large enterprises employed 3.5 million people, or 34.8 per cent of the workforce.
Within MSMEs, 70.2 per cent of employees were engaged in the services sector, particularly in wholesale and retail trade, as well as food and beverage subsectors.
'The salaries and wages gap between MSMEs and large enterprises in Malaysia remained substantial, reflecting structural differences in scale and productivity.
'Workers in large enterprises earned on average 47.5 per cent more than those in MSMEs.
'Average monthly salaries and wages of employees in large enterprises stood at RM4,145, compared with RM2,810 in MSMEs,' the report stated.
Chief Statistician Datuk Seri Mohd Uzir Mahidin said the report offered a clear snapshot of the nation's labour landscape.
'A deeper understanding towards labour cost and employment patterns is key to inclusive growth development and uplifting the nation's competitiveness,' he said.
The full report is available on DOSM's official portal.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time Business News
9 hours ago
- Time Business News
Malaysia Visa Fees 2025: Your Complete Guide
Are you planning a trip to Malaysia in 2025? Whether you're traveling for business, tourism, or just passing through, understanding the visa fees is a crucial part of the preparation process. This guide will walk you through the details of Malaysia visa fees 2025, covering everything from types of visas to payment methods, helping you plan your trip smoothly and without surprises. When it comes to Malaysia visa fees 2025, the amount you pay will depend on the type of visa you're applying for and the country you're from. Let's break down the common visa types and their associated costs. Single Entry Visa : For tourists or business travelers visiting Malaysia for a short stay, the single-entry visa costs approximately RM 30 to RM 50 (around ₹1000 to ₹2000 for Indian citizens). : For tourists or business travelers visiting Malaysia for a short stay, the single-entry visa costs approximately (around ₹1000 to ₹2000 for Indian citizens). Multiple Entry Visa : If you're planning to visit Malaysia multiple times within a year, this visa costs between RM 100 and RM 150 (₹3500 to ₹5500 for Indian citizens). : If you're planning to visit Malaysia multiple times within a year, this visa costs between (₹3500 to ₹5500 for Indian citizens). Transit Visa: A transit visa, for travelers who are passing through Malaysia, costs around RM 20 to RM 40 (₹700 to ₹1500). If you're visiting Malaysia for tourism, the tourist visa is the most common choice. The cost for a single-entry tourist visa is typically RM 50 (₹1800). This visa allows you to stay in Malaysia for up to 30 days. For business professionals visiting Malaysia, a business visa is required. The cost for a single-entry business visa is around RM 50 (₹1800), while the multiple-entry business visa can cost between RM 100 to RM 150 (₹3500 to ₹5500). A transit visa is for travelers who are passing through Malaysia on their way to another destination. This visa typically costs around RM 20 (₹700) and is valid for a stay of up to 120 hours (5 days). The multiple-entry visa is perfect for people who need to visit Malaysia more than once in a year, especially for business purposes. The cost for this visa ranges from RM 100 to RM 150 (₹3500 to ₹5500). Paying your Malaysia visa fees is straightforward, but the methods can vary depending on where you're applying. Online Payments : For eVisas , you can pay your visa fee online through a secure payment gateway using your credit or debit card. : For , you can pay your visa fee online through a secure payment gateway using your credit or debit card. Bank Drafts : Some consulates or embassies require a bank draft addressed to the embassy for visa processing. : Some consulates or embassies require a addressed to the embassy for visa processing. Cash Payments: In certain locations, you may need to pay in cash when submitting your application in person. Make sure to double-check with the nearest Malaysian embassy or consulate for the specific payment method they accept. The process of applying for a Malaysia visa is easy to follow. Here's a step-by-step guide to help you: To apply for a Malaysia visa, you will need to gather the following documents: A passport with at least 6 months validity . . Passport-sized photographs. Proof of sufficient funds (such as bank statements). A return or onward flight ticket. Additional documents may be required depending on the visa type. You can either fill out your application form online (for eVisas) or submit a physical application at the nearest Malaysian embassy or consulate. Once you've completed your form, submit it along with the required documents and payment. If you're applying for an eVisa, you'll need to upload your documents and pay the fee online. Processing times for eVisas are typically 3 to 5 business days, while traditional visas may take up to 10 business days. Plan accordingly and apply well in advance. Once approved, your eVisa will be emailed to you, or your visa will be stamped in your passport if you applied in person. If you're traveling from India, the single-entry visa will typically cost ₹1000 to ₹2000, while a multiple-entry visa will be priced between ₹3500 to ₹5500. Pakistani nationals can expect to pay similar fees, with a single-entry visa costing around ₹2000 and a multiple-entry visa between ₹5000 to ₹7000. For Bangladeshi travelers, the single-entry visa is around ₹1500, and a multiple-entry visa costs about ₹5000. Sri Lankan citizens will pay a fee of approximately ₹2000 for a single-entry visa, and a multiple-entry visa will range between ₹5000 to ₹6000. The longer your stay, the higher the visa fee might be. For instance, multiple-entry visas are more expensive than single-entry visas. Some visa types, like business or multiple-entry visas, tend to be more expensive because they cover a longer period of time and offer greater flexibility. Malaysia visa fees can sometimes change depending on the time of year or new government policies. Always check the most recent updates to avoid surprises. One common mistake is submitting incomplete or incorrect documents. Double-check your documents and application form to avoid delays. Ensure you know the correct payment method for your visa application. Payment issues can cause unnecessary delays. Make sure to select the appropriate visa for your travel purpose. A business visa is not suitable for tourism, and vice versa. 1. How much is the Malaysia Visa Fee for 2025? The fees range from RM 20 to RM 150, depending on the visa type. 2. Can I pay Malaysia Visa Fees online? Yes, you can pay for your eVisa online using a credit or debit card. 3. What is the validity of a Malaysia Visa? Single-entry visas are valid for up to 30 days, while multiple-entry visas are usually valid for one year. 4. What happens if I miss my Malaysia Visa payment deadline? Missing the deadline could delay your visa application, and you might need to reapply. 5. Are Malaysia Visa Fees refundable? No, Malaysia visa fees are non-refundable, even if your application is denied. Understanding Malaysia visa fees for 2025 is essential for planning a smooth and stress-free trip. Whether you're visiting for tourism, business, or just passing through, knowing the costs and requirements ahead of time can help you avoid surprises. Remember to check the latest information, follow the application steps carefully, and apply well in advance. Safe travels and good luck with your Malaysia visa application. TIME BUSINESS NEWS
Business Wire
2 days ago
- Business Wire
Venture Global Announces 20-Year Sales and Purchase Agreement with PETRONAS
ARLINGTON, Va.--(BUSINESS WIRE)--Today, Venture Global, Inc. (NYSE: VG) announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG Ltd. (PLL), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS. Under the terms of the SPA, PETRONAS will purchase 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global's third facility, CP2 LNG, for 20 years. This builds upon Venture Global's existing agreement with PETRONAS for 1 MTPA of LNG supply from Plaquemines LNG. Venture Global announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS. Under the terms of the SPA, PETRONAS will purchase 1 MTPA of LNG from Venture Global's third facility CP2. Share PETRONAS, a world-class partner in the LNG industry, joins other CP2 LNG customers in Europe, Asia and the rest of the world in a strategically important project to global energy supply and security. To date, approximately 10.75 MTPA of the 14.4 MTPA nameplate capacity for CP2 Phase One has been sold. About Venture Global Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global's business includes assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification. Venture Global's first facility, Calcasieu Pass, commenced producing LNG in January 2022 and achieved commercial operations in April 2025. The company's second facility, Plaquemines LNG, achieved first production of LNG in December 2024. The company is currently constructing and developing over 100 MTPA of nameplate production capacity to provide clean, affordable energy to the world. Venture Global is developing Carbon Capture and Sequestration projects at each of its LNG facilities. Forward-looking Statements This press release contains forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the 'Securities Act'), and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'). All statements, other than statements of historical facts, included herein are 'forward-looking statements.' In some cases, forward-looking statements can be identified by terminology such as 'may,' 'might,' 'will,' 'could,' 'should,' 'expect,' 'plan,' 'project,' 'intend,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' 'pursue,' 'target,' 'continue,' the negative of such terms or other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include statements about our future performance, our contracts, our anticipated growth strategies and anticipated trends impacting our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Those factors include our need for significant additional capital to construct and complete future projects and related assets, and our potential inability to secure such financing on acceptable terms, or at all; our potential inability to accurately estimate costs for our projects, and the risk that the construction and operations of natural gas pipelines and pipeline connections for our projects suffer cost overruns and delays related to obtaining regulatory approvals, development risks, labor costs, unavailability of skilled workers, operational hazards and other risks; the uncertainty regarding the future of global trade dynamics, international trade agreements and the United States' position on international trade, including the effects of tariffs; our dependence on our EPC and other contractors for the successful completion of our projects, including the potential inability of our contractors to perform their obligations under their contracts; various economic and political factors, including opposition by environmental or other public interest groups, or the lack of local government and community support required for our projects, which could negatively affect the permitting status, timing or overall development, construction and operation of our projects; and risks related to other factors discussed under 'Item 1A.—Risk Factors' of our annual report on Form 10-K for the year ended December 31, 2024 as filed with the Securities and Exchange Commission ('SEC') and any subsequent reports filed with the SEC. Any forward-looking statements contained herein speak only as of the date of this press release and are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements to reflect subsequent events or circumstances, except as may be required by law.
New York Times
4 days ago
- New York Times
The U.S. Sends Lots of Plastic Trash Overseas. Malaysia Just Said No Thanks.
In the shadow of President Trump's tariff fights, a different kind of trade war is playing out involving candy wrappers and plastic bottles. On Tuesday, Malaysia, which received more discarded plastic from rich nations than any other developing country last year, effectively banned all shipments of plastic waste from the United States. That might not seem like a big deal. But the United States has increasingly relied on countries like Malaysia to deal with plastic trash. American scrap brokers sent more than 35,000 tons of plastic waste to Malaysia last year, according to trade data analyzed by the Basel Action Network, a nonprofit group that tracks plastic waste issues. Last year, after seizing more than 100 shipping containers of hazardous materials sent from Los Angeles that had been improperly labeled as raw materials, the Malaysian environment minister, Nik Nazmi, told reporters that 'we do not want Malaysia to be the world's rubbish bin.' The country's Ministry of Investment, Trade and Industry did not respond to a request for comment on Tuesday. Turmoil in the little-known trade in plastic waste has its roots in a decision by China in 2018 to ban imports of wastepaper and plastic. Before that, China had for years accepted as much as half of the globe's discarded plastic and paper. Western nations have since struggled with a buildup of plastic trash. The United States recycles less than 10 percent of the plastic it discards. (Food and other contamination in plastic waste hinders recycling, and a significant portion of plastic, like chip bags that contain layers of different plastics and other materials, simply can't be recycled economically.) Want all of The Times? Subscribe.
