BANDAR SERI BEGAWAN – Brunei will introduce a new minimum wage policy across all industries in the private sector, His Majesty announced on Saturday.
In his customary address to mark his 77th birthday, Sultan Haji Hassanal Bolkiah said the move was “a step towards strengthening the lives and well-being of the people”, and urged the business sector to support the new policy.
Minimum wage policy will be implemented in two phases and will apply to both local and foreign workers, whether they are working full-time or part-time.
The first phase will cover the banking and finance sector and the ICT sector, while minimum wage for other sectors will be announced at a later date, the Labour Department said in a statement issued to media.
Full-time workers in banking, finance and ICT are entitled to a minimum salary of $500 per month, while part-time workers are entitled to at least $2.62 per hour.
Source: The Scoop
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July 27, 2023