The rise far exceeds the roughly 3 percent increase forecast for most local workers in a survey last month.
Macao minimum wage
Minimum wage workers in the SAR will see a pay rise from the beginning of next year, and perhaps another one in the not so distant future.
A law proposing increases across all minimum wage categories, has been finalised for Legislative Assembly review, with the new rates set to take effect from 1 January 2024.
Predictably, the labour sector is in favour but a leading business figure warns that the raise will be passed on to consumers in the form of higher prices.
A bid to increase the minimum wage to 35 patacas from 32 will be a blow to enterprises struggling to recover from the pandemic, he says.
