FTI wary of wage increase
Group is concerned about SME impact
The Federation of Thai Industries is opposing a proposal to increase the daily minimum wage to 492 baht, fearing that small and medium-sized enterprises (SMEs) will be severely impacted.
The FTI was commenting on an open letter submitted to the government ahead of Labour Day on May 1 by the Thai Labour Solidarity Committee and the State Enterprises Workers’ Relations Confederation, which called for the wage hike.
The domestic economy has not fully recovered from the impact of…