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Monday, April 29, 2024

Daily wage hike won’t be a sharp one

Labour Minister Suchart Chomklin

Labour Minister Suchart Chomklin on Thursday assured the minimum daily wage will increase this year, although he said the hike won’t be a sharp one in order to protect businesses which are still reeling from the economic impact of the Covid-19 pandemic.

The increase will be decided by a national tripartite committee on wages, which will take into account the increasing cost of living, he said.

As Mr Suchart addressed concerns about the ministry’s budget proposal at the House of Representatives on Thursday, he explained the reason why the demand for a 48% increase is unlikely to be approved.

“Wage adjustments must be made as the economy recovers, but many businesses are still recovering from…

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