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ASEAN Business Economy News Thailand

Srettha Urges ASEAN to Increase Minimum Wages

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Prime Minister Srettha Thavisin says Thailand should not continue to use low labor costs as an incentive to draw foreign investments. He also urges ASEAN countries to work together to increase their minimum wages.

“The attractive points should be clean energy, good international schools, good public health care system, fair capital market, zero corruption, and ease of business.”

Srettha says he intends to discuss with Prime Minister Hun Manet of Cambodia and Prime Minister Anwar Ibrahim how ASEAN countries should consider hiking their minimum wages.

Link to this news is HERE.

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