A recent study on the average annual salary increase over the past three decades has revealed the severity of Malaysia’s stagnant income problem.

According to Utusan Malaysia, a study by the Khazanah Research Institute (KRI) found an average annual salary increase of only RM56 in the past 30 years.

The study found that 60 percent of bachelor’s degree holders in 2010 earned salaries below RM2,000, and 11 years later, the situation remains virtually unchanged...