New Thai Gov't Mulls Increasing Minimum Wage

The new governemnt of Thailand intends to deliver on its promise made during the campaign period by increasing the minimum daily wage by 30 percent to US$10, reports Channel News Asia.

 

But implementing the policy could raise production costs and force companies to hire cheaper foreign workers or relocate.

 

"Their enterprise could go under, Otherwise they have to change other tactics [such as hiring] foreign workers to compensate high cost of indigenous workers," Independent academic Somjai Phagaphasvivat told CNA.

 

 

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