Minimum wages only benefit the foreigners...
Malaysia implement minimum wages early 2013 to RM 900, I made a checked on my Malaysia plant and find out that those who benefit are the operators from Blaga and viet have their increment. Less than 10% or I should say less than 5% are Malaysians, maybe only some above age 50 benefit. Young Malaysian will not work below RM1K.
If Singapore implement minimum wages to SGD 1K, it will benefit those FT from construction, operators and maid, I believe less than 10% who benefit are Singaporean. And at the same time most of the manufacturing companies will run road to other countries...