Thursday, January 10, 2013

Voice of America: Businesses, Economists Debate Merits of Higher Minimum Wage in Thailand

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Businesses, Economists Debate Merits of Higher Minimum Wage in Thailand
Jan 10th 2013, 13:10

Thailand has enacted a national minimum wage that mandates a daily rate of nearly $10. Although workers across the country welcomed the boost in income, some businesses have been laying off employees, complaining that they cannot afford to pay them. A policy to raise Thailand's national minimum wage was a key platform of the governing Pheu Thai Party of Prime Minister Yingluck Shinawatra in the lead up to general elections in 2011. The national minimum wage marks a sharp departure from past ...

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