Thai PBS Thai PBS
Private sector against Pheu Thai’s 600-baht minimum wage proposal

Private sector against Pheu Thai’s 600-baht minimum wage proposal

14 Sept 08:59 Key points summarised by AI
  • The Thai private sector expresses serious concerns over the Pheu Thai Party’s plan to increase the daily minimum wage to 600 baht by 2027, anticipating a 70% rise in production costs.
  • Industry representatives emphasize that minimum wage decisions should be based on comprehensive factors like inflation, cost of living, and price indices, not a fixed target.
  • Past wage hikes have led to business closures and relocations, and even gradual increases to 600 baht could significantly impact many businesses, urging careful consideration of Thailand's competitiveness.
Read full article
Economy 1/1
Skip > Skip >