Significant wage increases on the horizon: Thai government in talks with companies about minimum wage
The Thai government is negotiating with companies about a possible significant increase in the minimum daily wage. This initiative, led by Prime Minister and Finance Minister Srettha Thavisin, is part of a broader economic recovery plan. With plans ranging from energy reforms to tourism incentives, the government aims for robust economic revitalization.
Police officers get a pay raise
More than XNUMX police officers will receive a salary increase, and detectives will also receive better career prospects. This is the proposal of a committee dealing with the reform of the police force.
News from Thailand – November 21, 2012
A taxi driver (31) in Singapore is the hero of the day. After transporting a Thai couple, he found a paper bag containing S$1,1 million (26 million baht) in the backseat. He did not put it in his own pocket and neatly reported the find to his employer.
Higher wages do Thailand a lot of good
Thailand's economic performance is strong. It is a world leader in manufactured goods, food products, mining and tourism. Profits of listed companies are robust, the unemployment rate is 1,2 percent and the demand for labor is strong. But Thailand suffers from the same problem as revealed by an International Labor Organization analysis of global wages over the past 30 years: 1 the share of wages in gross domestic product is declining and the share going to profits …
Pay rise in Thailand comes much too late
Workers at the lower end of the pay scale can barely make ends meet. The Thai Labor Solidarity Committee (TLSC) has calculated that an appropriate minimum daily wage for a worker with two family members should be 441 baht this year. Pheu Thai has promised 300 baht during the election campaign, but already seems to be backing down under pressure from the business community. The effective date of the increase is likely to be postponed with the exception of…
