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Bangkok Post

Business

FTI wary of wage increase

FTI Kriengkrai Thiennukul Federation of Thai Industries Minimum Wage Thai

A man pulls a cart carrying goods in Pak Klong Talat, Bangkok. The current daily minimum wage sits at 336 baht. (Photo: Pawat Laopaisarntaksin)

The Federation of Thai Industries is opposing a proposal to increase the daily minimum wage to 492 baht, fearing that small and medium-sized enterprises (SMEs) will be severely impacted.

The FTI was commenting on an open letter submitted to the government ahead of Labour Day on May 1 by the Thai Labour Solidarity Committee and the State Enterprises Workers' Relations Confederation, which called for the wage hike.

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