A government cannot increase MINIMUM WAGE? A company can sue the government for doing that?
This is the danger of investor protection clauses in investment agreements and treaties between countries like the TPPA - Is Malaysia bothered about workers, communities, people....?
Now countries cannot even increase minimum wages .... or ensure better protection of worker safety and health, better protection of the environment, better protection of the local community,... BECAUSE some foreign company may just sue Malaysia...therefore, in fear, government may just avoid such risks...
How many such agreements/treaties have this BN government signed? What steps is our government taking to get rid of these investor protection clauses...and these ISDS provisions
The Injustice Industry: Egypt challenged over rise to minimum wage
Special courts for foreign investors have no place in trade deals
“foreign investors in the U.S. (and U.S. investors operating in foreign countries) the opportunity to skip traditional methods of complaining about laws and regulations they don’t like and sue nations directly in private arbitration tribunals made up of for-profit arbitrators rather than full-time judges.”