KUALA LUMPUR, Dec. 3 (Xinhua) — The Malaysian government launched a Minimum Wages Portal Tuesday to enable employers and private sector workers understand the method of implementing minimum wages.

Human Resources Minister Richard Riot Jaem said the portal, which was developed in cooperation with the Performance Management and Delivery Unit and National Wage Consultative Council, would channel information and rationale on the policy of the National Minimum Wage more accurately and comprehensively.

He said the portal would be able to give the latest information on the result of a study of the impact of implementing minimum wages on the labor market, employment of foreign labor and national transformation towards a high income, developed nation.

“The portal can be surfed by employers and workers so they are more informed on the implementation of minimum wages to be (fully) implemented next year,” he told reporters after launching the portal in the capital.

He said the portal, a result of the decision of the Minimum Wages Pre-Lab Session in May, was consumer-friendly and had three segments encompassing employer space, workers and the latest news, including publication on minimum wages.

The portal was also interactive and infographic in nature, showing information such as the rate of calculating minimum wages, the rationale of minimum wages policy and the target groups qualified for minimum wages.

Riot said the implementation of minimum wages which applied fully to local and foreign workers was logical because it would impact positively on the economy and boost the income of workers at poverty level.

“Minimum wages have already been implemented in over 160 countries and they have not failed. We hope and believe that by implementing the minimum wages, it will help our country to achieve high income economy and developed status by the year 2020, ” he said.

According to the country’s law, workers in Malaysia are to receive minimum wages of 900 ringgit (about 300 U.S. dollars) for Peninsular Malaysia and 800 ringgit (about 265 U.S. dollars) for Sabah and Sarawak states in eastern Malaysia as of Jan. 1, 2013.