Search Results for: minimum wage
- Bangkok News
Bangkok minimum wage hits 400 baht: Boost for 700,000 workers
A historic pay boost is on the horizon for Bangkok’s workers, as the government acknowledges a major wage hike that will benefit hundreds of thousands. The Cabinet has officially confirmed a significant increase in Bangkok’s minimum wage, with the daily rate set to rise to 400 baht starting July 1. The wage increase, which will benefit approximately 700,000 workers, was…
- Business News
Thai restaurants struggle with 400 baht minimum wage hike
The Thai Restaurant Association expressed concern about the impact of the recent decision to raise the daily minimum wage to 400 baht on the already struggling restaurant sector. This adjustment, effective from July 1, will apply to all workers in Bangkok and is extended to employees in most hotels and entertainment venues across the country. Currently, the minimum wage in…
- Thailand News
400 baht minimum wage adjustment in Thailand still unconfirmed
Progress on the proposed nationwide 400 baht minimum wage adjustment remains uncertain, as confirmed by Boonsong Thapchaiyuth, the permanent secretary of the Labour Ministry. Boonsong stated that the matter is not on the current meeting agenda but assured efforts to meet the May 1 deadline set by the labour minister. The current wage board’s term will end today, March 13.…
- Thailand News
Thailand plans 400-baht minimum wage amid SME concerns
Labour Minister Phiphat Ratchakitprakarn says he is dedicated to implementing a nationwide increase in the minimum wage to 400 baht, despite concerns over its effects on small and medium-sized enterprises (SMEs) and inflation. A tripartite wage committee is set to review this proposal tomorrow, March 12. Phiphat addressed a Parliamentary inquiry from Senator Tewarit Maneechai regarding the obstacles to this…
- Thailand News
Thailand to finalise 400 baht minimum wage proposal on December 12
The anticipation surrounding the upcoming tripartite wage committee meeting is palpable, as it seeks to finalise the government’s proposal for a nationwide minimum wage increase to 400 baht per day. Scheduled for Thursday, December 12, this meeting aims to implement the wage hike as a new year’s offering to workers, a key initiative the ruling Pheu Thai Party promised. The…
- Business News
Thai industry urges delay on 400 baht minimum wage increase
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is set to appeal to Prime Minister Paetongtarn Shinawatra tomorrow, urging a postponement of the upcoming increase in the daily minimum wage to 400 baht, scheduled for January 1 next year. This request arises from the current economic challenges businesses are facing. Sanan Angubolkul, chairman of the Thai Chamber of…
- Bangkok News
Big pay day: Thailand minimum wage to hike to 400 baht in 2025
Thai workers could be ringing in the new year with a pay boost, as the Labour Ministry announces plans to raise the minimum wage to 400 baht per day in 2025. Labour Minister Phiphat Ratchakitprakarn confirmed the increase, calling it “a new year present” for the nation’s workforce. Initially slated for October, the raise faced delays as the national wage…
- Thailand News
Thailand to increase minimum wage to 400 baht by year-end
Thailand’s Labour Ministry has assured the public that a minimum wage increase to 400 baht will be implemented nationwide by the end of the year, as stated by Phiphat Ratchakitprakarn, the Labour Minister. The tripartite wage committee is currently awaiting the official appointment of two new members: the Permanent Secretary of the Ministry of Labour and the Director-General of the…
- Thailand News
Thailand delays minimum wage hike to 400 baht by two weeks
Thailand’s decision to delay the planned increase in the minimum wage to 400 baht per day will extend the wait by about two weeks, according to a senior labour official. This postponement, initially set for October 1, is due to the committee responsible for the hike not meeting quorum requirements in its recent sessions. The committee, comprising representatives from employers,…
- Business News
Mama noodles maker supports 400 baht minimum wage hike
Thai President Foods PLC, the producer of Mama instant noodles, expressed no opposition to the proposed minimum wage increase to 400 baht, according to Managing Director Phan Phaniangwet. He urged the Thai government to finalise the decision promptly, citing the recent volatility of the Thai baht. The baht’s rapid appreciation in recent weeks has had mixed effects on the company.…
- Thailand News
Southern Industrial Council opposes 400 baht minimum wage rise
The Southern Industrial Council opposes the proposed 400 baht minimum wage increase, advocating for region-specific adjustments instead. Businesses face high costs for electricity and oil, alongside competition from Chinese investments. Adisorn Tanaengchuan, President of the Southern Industrial Council and executive member of the Federation of Thai Industries (FTI), expressed concerns regarding the Labour Wage Committee’s meeting today to consider the…
- Thailand News
National wage committee to finalise 400-baht minimum wage
Labour Minister Phiphat Ratchakitprakarn announced that the national wage committee will reconvene on Friday to discuss the implementation of a 400-baht minimum wage for large employers nationwide starting October 1. The tripartite committee, which includes representatives from employees, employers, and the government, met on Monday. However, all five employer representatives were absent, leaving only the 10 members from the employee…
- Thailand News
Opposition calls for Pheu Thai’s pledged 600-baht minimum wage
The opposition urged the implementation of the Pheu Thai Party’s promised 600-baht minimum wage while criticising the government’s labour policy for a perceived lack of initiatives to enhance labour skills. Sia Jampathong, an MP from the People’s Party, highlighted these concerns during yesterday’s final day of a joint Parliament sitting. He noted that labour policy was conspicuously absent from the…
- Thailand News
Nationwide daily minimum wage to be raised to 400 baht tomorrow
Labour Minister Phiphat Ratchakitprakarn confirmed plans to raise the daily minimum wage to 400 baht nationwide starting tomorrow, September 10, despite echoing concerns that the increase could negatively impact businesses. Phiphat announced that after discussions with business operators and a thorough study by a subcommittee from the Ministry of Labour, the decision to implement the minimum wage hike will proceed…
- Thailand News
Thailand minimum wage hike to 400 baht confirmed for October 1
Pheu Thai Party’s labour policy, particularly the plan to increase the daily minimum wage to 400 baht nationwide, remains firm, confirmed caretaker Labour Minister Phiphat Ratchakitprakarn. Phiphat assured that the wage hike, targeting specific professions and regions, is set to take effect on October 1, with further details to be announced shortly. The national wage committee, led by the permanent…
- Thailand News
Thailand minimum wage hike to 400 baht awaits govt decision
The Thai Labour Ministry and employer representatives are eagerly awaiting the new government’s decision on whether to increase the daily minimum wage to 400 baht nationwide, a move that could significantly impact the country’s labour market. Permanent Secretary for Labour Pairoj Chotikasathien stated yesterday, August 20, that while the policy was approved by the Srettha Thavisin administration in May, further…
- Thailand News
FTI argues minimum wage hike would primarily benefit migrants
The Federation of Thai Industries (FTI) is urging the government to reconsider its plan to raise the daily minimum wage to 400 baht nationwide, arguing that the policy would primarily benefit migrant workers rather than stimulate the local economy. Every year, migrant workers from neighbouring countries remit approximately 100 billion baht to their families back home. The FTI contends that…
- Thailand News
Commerce ministry acts to control prices amid minimum wage hike
The Ministry of Commerce implemented two measures to tackle rising product prices following the minimum wage increase to 400 baht. Officials are closely monitoring clothing prices and urging businesses to maintain prices for essential goods in eight categories. Director-General of the Department of Internal Trade Wattanasak Sueaiam stated yesterday May 16 that the private sector is preparing to raise product…
- Thailand News
Tripartite committee rejects uniform 400-baht minimum wage hike
The tripartite wage committee has chosen to uphold the autonomy of provincial wage panels in setting minimum wages, rejecting the Thai government’s uniform 400-baht minimum wage hike. During a tense session on May 14, the 15-member committee, representing the Ministry of Labour, employers, and employees, did not endorse the proposed nationwide increase. This decision followed closely on the heels of…
- Thailand News
Thai noodle giant unfazed by minimum wage increase to 400 baht
The imminent nationwide increase in the minimum wage to 400 baht holds little concern for major noodle producer Thai President Foods PCL, the maker of the popular instant noodle brand Mama, which believes the company’s ability to adapt will mitigate any significant impact, highlighting instead the potential challenges this wage hike could pose to smaller enterprises and small and medium-sized…
- Thailand News
Thai govt’s plan for minimum wage increase gains public support
The Thai government’s initiative to increase the daily minimum wage has received widespread approval, with a large section of the populace expressing their support for the plan, a recent poll revealed. The National Institute of Development Administration (NIDA) conducted the survey, which witnessed the participation of 1,310 individuals, all aged 18 or above, between May 3 and May 7. An…
- Thailand News
Minimum wage increase pledge sparks hotel industry crisis
Prime Minister Srettha Thavisin’s promise to boost the minimum wage to 400 baht by October 1 has set off alarms in the private sector, particularly among hoteliers. Concerns abound as businesses foresee a hefty 15 to 20% surge in costs across goods and services, presenting a formidable hurdle for the hospitality sector. The impending wage revision marks the third adjustment…
- Economy News
Thai govt’s minimum wage hike to 400 baht faces opposition
The government’s recent announcement of an impending nationwide minimum wage hike to 400 baht per day in October has provoked strong opposition from a member of the tripartite wage committee. The committee member in question, Atthayuth Leeyavanich, who represents employers, criticised the premature disclosure of the wage increase, asserting that it had not yet been discussed or approved by the…
- Thailand News
Thai chamber opposes proposed minimum wage increase
The Thai Chamber of Commerce (TCC) is in dispute with the government over its proposal to increase the minimum daily wage to 400 baht for workers all over the country. The proposed wage increment is expected to take effect in October. Speaking on the issue, Poj Aramwattananont, Vice-President of the TCC and the Board of Trade of Thailand, painted the…
- Thailand News
Thailand plans to extend minimum wage increases to more regions
Prime Minister Srettha Thavisin announced yesterday that the government intends to extend minimum wage increases to additional regions and business sectors. This follows the wage increase approved for specific parts of 10 provinces set to take effect from April 13. The 62 year old Thai prime minister further commented that regular Cabinet meetings will be conducted to ascertain which regions…
- Business News
Thai hotel industry resists proposed minimum wage hike
The tourism industry has voiced its concerns over the recent approval by the tripartite wage committee to increase the minimum wage to 400 baht for four-star hotels in 10 key tourism cities, beginning with the Songkran holiday. Hoteliers argue that the implementation of the wage hike is unjust as the recovery from the pandemic has been uneven across the targeted…
- Thailand News
Thai labour unions criticise new daily minimum wage
The Thai Labour Solidarity Confederation (TLSC) and State Enterprises Workers’ Relations Confederation (SEWRC) expressed disapproval of the new daily minimum wage of 400 baht approved by the tripartite wage committee. The wage increase is only applicable to some areas in 10 provinces, initiating a wave of criticism from the labour unions, who argue that this decision is unjust. According to…
- Thailand News
Minimum wage rises to 400 baht in 10 Thai provinces
The minimum wage in selected areas of 10 Thai provinces is set to rise to 400 baht per day, as decreed by the tripartite wage committee yesterday. This new wage increase, which comes into effect on April 13, will apply to tourism-related businesses and four-star hotels with a staff of 50 or more. Pairoj Chotikasathien, the committee’s chairman and permanent…
- Thailand video news
Thailand Video News | Man confesses to murdering wife after reporting her missing, Businesses brace for minimum wage hike
In today’s Thailand video news, Alex delves into a myriad of pressing issues capturing the nation’s attention. From the concerning proposal to raise the minimum wage, sparking worries among Thai businesses, to the shocking confession of a wife’s murder in Chachoengsao, each headline highlights significant developments. Additionally, a high-ranking police official facing charges linked to online gambling, a new policy…
- Business News
Thai businesses fear cost surge due to minimum wage hike
Businesses in Thailand are bracing for a potential increase in operating costs, following the government’s proposition to raise the daily minimum wage to 400 baht (US$11) within the year. The Federation of Thai Industries (FTI) has expressed its concern over the implications of this wage hike, particularly on small and medium-sized enterprises (SMEs), which are currently grappling with elevated interest…
