Connect with us

Economics

Survey to put forward 300 bath wage policy

Labour Minister Padermchai Sasomsap ordered the survey on the number of labourers and wages nationwide to press ahead with the planned policy of raising the daily minimum wage to 300 baht

Boris Sullivan

Published

on

growth crane Bangkok construction

Labour Minister Padermchai Sasomsap ordered the survey on the number of workers and wages nationwide to press ahead with the planned policy of raising the daily minimum wage to 300 baht and a 15,000-baht monthly minimum salary for university graduates holding a bachelor degree.

The survey will be conducted thoroughly to press ahead with the policy for a wage and salary hike after the government delivers its policy statement to the parliament on Aug 23-24.After that he will convene a meeting with concerned agencies including employers, workers and state agencies to talk openly about the necessity of increasing the minimum wage and obstacles facing entrepreneurs and how they want the government to help.

He affirmed that if there is any party that disagrees with the policy, their problems with it will be discussed reasonably.

The labour minister also said he postponed his plan to go to work on the first day to August 17 in the afternoon after the parliamentary session, as he is now drafting the government’s policy statement in preparation to deliver it to the government.

via Labour minister orders wage survey to put forward increased wage policy.

 

The government will deliver its policy statement to parliament on Aug 24, Ampon Kittiampon, secretary-general to the cabinet, said on Thursday.

Mr Ampon said the first cabinet meeting this morning discussed  the framework of the government’s policy statement  to the parliament.

Prime Minister Yingluck Shinawatra had assigned Deputy Prime Minister and Interior Minister Yongyuth Wichaidit and Deputy Prime Minister and Commerce Minister Kittirat Na-Ranong to head the policy drafting team, he said.

The secretary-general of the Office of National Economic and Social Development Board would serve as  secretary to the working panel, he said.

Mr Ampon said the team was directed to coordinate with ministry heads  and submit the draft statement to the cabinet meeting for approval next Tuesday, Aug 16.

“The policy statement will be made on Aug 24, within 15 days of the royal command appointing Ms Yingluck as prime minister as required by the constitution,” he said.

Comments

Economics

Thai economy to grow 4% in 2021 following 6.5% decline in 2020

The World Bank is now expecting the Thai economy to see 4% growth this year, and a 4.7% growth in 2022, despite current challenges from the new wave of COVID-19 infections.

Olivier Languepin

Published

on

Crowded downtown area in Bangkok

The World Bank now expects that the Thai economy to expand by 4 per cent in 2021, according to the latest World Bank Thailand Economic Monitor report “Restoring Incomes, Recovering Jobs” released on Wednesday (Jan 20).

(more…)
Continue Reading

Banking

BoT sees mild impact of new COVID-19 wave on the economy

The Bank of Thailand (BoT) does not see the new wave of COVID-19 infections as having as much of an impact on the economy as the first wave, as fewer businesses have had to be suspended.

National News Bureau of Thailand

Published

on

BANGKOK (NNT) – Despite a new and wider wave of COVID-19 infections in the country, the Bank of Thailand (BoT) has assessed that the economic impact of the situation will not be as severe as the first wave as the effects of the virus are not as pronounced, and public health preparations, including plans for vaccination, are in place.

(more…)
Continue Reading

Economics

COVID-19 brings first consumer confidence drop in 3 months

Consumer confidence in December 2020 was measured at 50.1 points, down from 52.4 the previous month. Economic confidence was also down to 43.5 from 45.6 points.

National News Bureau of Thailand

Published

on

BANGKOK (NNT) – Concerns linked to the new wave of COVID-19 infections has weighed on both daily life and business, resulting in the first drop in the Consumer Confidence Index in 3 months.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,625 other subscribers

Trending