SET-listed Noble Development is unconcerned by the expected new government's pledges regarding minimum wage hikes as it has already included them in new cost estimates.
Thongchai Busrapan, Noble co-chief executive, said many developers have already priced in a minimum wage increase. The company is not concerned about an increase proposed by the prospective new government.
"When we call contractors to tender our new projects, they have anticipated that labour costs will rise," said Mr Thongchai.
