Small and medium-sized business owners are planning a meeting with the Move Forward Party’s (MFP) prime ministerial candidate later this month to deliberate a proposal for increasing the minimum wage.

 

The Federation of Thai SMEs has announced a meeting with Prime Ministerial candidate Pita Limjaroenrat scheduled for June 13, with the agenda centered around his proposal to raise the minimum wage to 450 baht per day. This wage hike was a key policy presented by MFP during its election campaign, as it pledged to implement the new rate within its first 100 days in office.

 

Norathep Boonkep, Secretary-General of the Federation of Thai SMEs, indicated that the proposed wage increase could have a significant impact on business owners already facing high operational costs. SMEs currently employ over 12 million workers.

 

By Adam Judd

 

Full Story: https://thepattayanews.com/2023/06/07/move-forward-party-continues-to-discuss-minimum-wage-increase-with-thai-small-business-leaders/

 

-- © Copyright The Pattaya News 2023-06-07

 

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Good that business leaders and politicians talk about that.

Maybe I missed the news in previous years, but it seems to me at that time politicians decided about wage increases so that they get elected. And they didn't really care what businesses think about that move.