The Federation of Thai Industries (FTI) says businesses will suffer from a surge in operating costs if the government pushes ahead with its plan to raise the daily minimum wage to 400 baht this year.
The Pheu Thai Party, which leads the coalition government, earlier proposed a wage increase to 600 baht a day by 2027, starting with a hike to 400 baht in 2024.
Late last year, the tripartite wage committee, which consists of representatives from the government,…
