Government to assist SMEs affected by minimum wage increase

By Thai PBS

 

 

The government will today (Wednesday) roll out several remedy measures to help small and medium scale enterprises after concern that the recent minimum wage increase by 5-22 baht across the country will probably take toll on them.

 

The measures followed latest survey showing SMEs would be most affected by the minimum wage increase.

 

According to the survey on the minimum wage increase’s impact on SMEs, by the University of Thai Chamber of Commerce’s (UTCC) Center for Economic and Business Forecasting, it revealed that the current SME situation index in the fourth quarter of 2017 stayed at 42.3, increased by 1.2 points from the previous quarter.

 

Full story: http://englishnews.thaipbs.or.th/government-assist-smes-affected-minimum-wage-increase/

 

-- © Copyright Thai PBS 2018-01-30

The Government thinks throwing money to all and sundry 

will solve all problems,OR improve their popularity, if SME's

need help after a 5-22 THB pay rise,something is very wrong,

the current Government seems to be rolling out more populist

polices than Thaksin ever did,reported yesterday,they are going

to have another cash payout to the poor,while this is a good thing,

you have to wonder what the real reason is,could it have something

to do with elections when and if they come.

regards Worgeordie