The Tourism Council of Thailand (TCT) is urging the government to boost domestic spending by raising the starting salary of new public servants to 25,000 THB (about 750 USD) per month and offering 1,000 THB in digital currency to foreign tourists who visit certain parts of the country.
The Ministry of Labour, Invalids and Social Affairs (MoLISA) will conduct a wage survey at 3,400 enterprises with 6,800 labourers to serve as a foundation for the adjustment of the regional minimum wage in 2025.
Experts and scientists sought price management solutions, especially in the context that the minimum wage has increased since July 1, at a workshop in Hanoi on July 3.
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.
After two negotiation sessions, the National Salary Council on December 20 reached a consensus to finalise the proposal to increase the regional minimum wage by 6% starting from July 1, 2024, to submit for Government for approval.
The Lao Government has agreed in principle to provide assistance to public workers with low incomes and raise the minimum wage for those in the private sector to support local residents in overcoming soaring inflation, according to local media.
The Lao Government has decided to raise the monthly minimum wage from 1.2 million LAK (nearly 70 USD) to 1.3 million LAK starting on May 1 to ease difficulties facing workers amid soaring inflation and economic uncertainties.
The National Minimum Wage Council of Cambodia on August 15 started talks to consider raising minimum wage for workers in the textile, garment, footwear and travel products and bags industries for 2023, reported the Khmer Times.
The Cambodian government on March 31 decided to give tax breaks for three months from March to May this year to aviation companies to help offset losses caused by COVID-19.
Cambodia has decided to raise the minimum wage for workers in the textiles and footwear industries to 190 USD per month, an increase of 4.4 percent, from next year.
The monthly basic wage of cadres, public employees and civil servants will be increased by 100,000 VND from 1.39 million VND to 1.49 million VND from July 1, 2019.
Malaysian Prime Minister Najib Razak has launched an election campaign for the upcoming general election, with a series of promising commitments to bringing a better future for Malaysian people.
Thailand’s Central Wage Committee has recommended that the daily minimum wage be increased by 7 percent to 330 baht (10.33 USD) in its two most industrialised provinces namely Chonburi and Rayong.
Deputy Prime Minister Vuong Dinh Hue emphasized that salary reform is an urgent demand at a conference in Hanoi on December 13 to discuss experience of the world and Vietnam in renovating salary policies.
Specialists from the International Labour Organisation (ILO) on November 8 shared experiences in wage and social insurance issues and gave recommendations to Vietnam’s draft plan for reforming wage, social insurance and benefits for national contributors.
While labour productivity in Vietnam remains low, the drastically disproportionate increase of minimum wage and wages might harm business competitiveness and the development of the country.
Do Nhat Hoang, head of the Foreign Investment Agency under the Ministry of Planning and Investment, has underlined the need for Vietnam to further improve its investment environment in order to attract more Japanese businesses.
Vietnam has posted the highest regional increase in minimum wages over the last three years, more than Indonesia and China, but workers still struggle to make ends meet.
