Thailand to increase minimum wage next year

Thailand is set to increase the minimum wage in next month as planned, and the government is also considering another wage hike in March 2024, Prime Minister Srettha Thavisin affirmed on December 26.

A wage committee, comprised of government, employers and employee representatives, had previously agreed to increase the daily minimum wage by 2.37%, effective in January, but the PM deemed the hike too low.

Therefore, the ruling Pheu Thai party campaigned on raising the daily minimum wage to 400 THB (11.56 USD).

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