Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >>   Labor  >>   Pheu Thai backs down on wage increase ploy
NEWS UPDATES Asean Affairs           15   July  2011

Pheu Thai backs down on wage increase ploy

Related Stories

June 10, 2011
Thailand needs more skilled workers

June 4, 2011
Thai wages increases examined

May 26, 2011
Thai seafood industry needs workers

May 13, 2011
Best employers in Thailand chosen

March 29, 2011
Labor issues in Thailand’s growth model

March 10,2011
Wage increase proposed by Thai Democrats

When the "rubber meets the road" things change and that is what is happening to the Pheu Thai party in Thailand even before it takes office. The bump in the road is the promised 300 baht (US$10) nationwide wage increase. This move has been criticized by businesses and economists.

After criticism from businesses and academics about its policy, Pheu Thai is expected to review the proposed 300-baht wage increase with Bangkok and Phuket to be the first provinces to get the wage rise.

The wage increase would later cover other provinces gradually over a one-year period. Pheu Thai's proposed 300 baht a day wage has raised concern among academics and businesses that the policy will force many entrepreneurs out of business as they would be unable to cope with a higher wages bill.

Some fear the policy could also increase inflation, although Pheu Thai has promised to offset the impact of a higher minimum wage by cutting the corporate tax rate from 30 percent to 23 percent by next year, and 20 percent by 2013.

Chalee Loysoong, chairman of the Thai Labour Solidarity Committee, yesterday insisted Pheu Thai must honour its campaign pledge of a minimum 300-baht wage across the country.

He said any attempt by the party to review the wage rise promise amounted to a blatant lie which cannot be tolerated by workers who had expected the party to become the government, Mr. Chalee said.

He said the application of the wage increase only in Bangkok and Phuket will prompt a sudden, massive influx of workers from other provinces into the two cities and this would have adverse repercussions on the industrial productivity of other provinces.

Mr. Chalee said the committee will meet Yingluck Shinawatra, the prospective prime minister, on Monday to demand she adhere to the wage rise promise.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    15  July  2011 Subsribe Now !
• US downgrade could aid Indonesia
Subcribe: Asean Affairs Global Magazine
• Indo police find weapons at Islamic school Asean Affairs Premium
• Malaysia's inflation peaked in June
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Jakarta to use a Philippine play
• Philippines hot money flow doubles in first half
• Thai dairy farmers urged to go "natural"
• Pheu Thai backs down on wage increase ploy
• Vietnam falls behind in IT p

Asean Analysis    15  July  2011

Advertise Your Brand
• An Emerging 'Pan-Asian Energy Infrastructure' Sponsor Our Events

Asean Stock Watch    15  July  2011 

• Asean Stock Watch-June 15 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand