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Monday, May 6, 2024

MFP leader promises reasonable minimum wage increase without economic damage

Coalition MOU signed, image via LinkedIn

Move Forward Party (MFP) leader Pita Limjaroenrat recently assured that a coalition government under his leadership would not immediately raise the minimum daily wage to 450 baht but would ensure a reasonable increase without causing damage to industry or the economy. Limjaroenrat, the party’s prime ministerial candidate, made this promise during a meeting with representatives of the Federation of Thai Industries (FTI).

The proposed increase to a 450-baht minimum wage was a component of the MFP’s election pledges. Limjaroenrat stated that his party aims to raise the minimum daily wage to 450 baht, but they would first need to discuss a new rate with their coalition allies, who had planned different increments.

“I confirm it won’t be a sharp increase that will shock the system. We agree that the wage increase must be based on…

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