The Thai Chamber of Commerce fears that the wage increase is as low as 450 baht, affecting investment : PPTVHD36

Fear of rising wages affecting investment The Thai Chamber of Commerce asked the new government to raise wages according to the legal framework. not based on political policy Concerned about aggravating the private sector to bear increasing costs

This evening, Mr. Pita Limcharoenrat far-reaching party leader and a candidate for the Prime Minister of the Progressive Party will discuss with the labor network about the policy of raising wages to be low While there are comments from “The Thai Chamber of Commerce” stated that it asked the new government to raise wages according to the legal framework. not because it is a political policy because it will aggravate the private sector have to bear additional costs

“Pitha” insists on increasing the minimum wage to 450 baht, reiterating that there are principles, not on his own will.

The private sector asks for a gradual increase in wages to 450 baht. Threatening expensive products

By Mr. Poj Aramwattananont The vice chairman of the Thai Chamber of Commerce mentioned the policy of raising the minimum wage to 450 baht per day of the far-reaching party that now we still have to wait for clarity on how the new government will have wage policies. Because what came out earlier was just a campaign policy of a political party. But reiterated that there is a legal framework in determining labor wages that must be complied with.

Therefore requesting the new government to increase wages as appropriate in accordance with the laws and regulations laid down not adjusted according to the campaign policy because it is considered very dangerous As a result, investors postpone their investment in Thailand. Because wages are an important component of the total cost of production. It’s important to listen thoroughly. both employees and employers which are not just big capitalists But there are still many small entrepreneurs or SMEs who have to bear the burden of high costs, including electricity, oil, gas, coal and wages that have been rising since last year.