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Monday, May 6, 2024

Saha Group averse to hike in daily wage

Mr Boonsithi says Saha Group will continue to invest in businesses that show potential, regardless of the country’s political situation.

Saha Group, the country’s leading consumer product conglomerate, suggests the new government emphasise promoting the agricultural sector rather than a sharp increase in the daily minimum wage, as this approach would help sustainably develop the country’s economy.

Boonsithi Chokwatana, the group’s chairman, said the new administration should also focus on developing the economy through educational initiatives for Thais.

He expressed concerns regarding the potential impact of increasing the minimum wage in the tourism industry.

“A high cost of living would deter foreign tourists from visiting the…

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