Raising the daily minimum wage to 450 baht, as promised in election campaign, addresses the cost of living, being pushed up by electricity, diesel and transportation prices, according to Move Forward party leader, Pita Limjaroenrat.

 

Pita said this policy could result in more disposable income for employees, so they could enhance their skills themselves. Foreign investors, however, have stated that next government should focus on long-term plans for changes in Thailand’s industries and address the competitiveness in Thailand’s labour market.

 

Industrial and educational transformation are the keys

 

Former Chairman of the Joint Foreign Chamber of Commerce, Stanley Kang, suggested that reforming the educational system could provide an environment in which more qualified talent could contribute their capabilities to Thailand’s labour market. This qualified talent could also attract more foreign investment to Thailand. Stanley also told ThaiPBS World that transformation of industries could develop new skills among their employees and generate additional income for them.

 

Full Story: https://www.thaipbsworld.com/foreign-investors-suggest-the-new-government-should-focus-on-long-term-plans/

 

-- © Copyright Thai PBS 2023-06-07

 

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so sad if minimum salary is compelled . in economy like rural thailand many small  bisiness on many day already pay staff more than have for self. Next step is to close ans corporate monopolys  are so happy  happy ! Commercial enterprise has more humanity than corporate.

 

 

Foreign investors. Well we know their plan is to increase their wealth. Long term plan by former and current caretaker govt was the same so what are they bitching about.