The Pheu Thai Party has confirmed that its policy to raise the minimum wage to 300 THB per day will help uplift the entire economic system of Thailand, adding that a salary increase for state officials is expected in October.
Pheu Thai Party Secretary General Jarupong Ruangsuwan, in his capacity as a member of the Pheu Thai economic team and a former permanent secretary for labor, countered criticisms by the private sector and academics against the party’s policy to increase the daily minimum wage to 300 THB. He affirmed that the policy under fire would prove effective in reviving the national economy as a whole since poor people and the lower class would be able to earn enough money for their living expenses.
With the minimum wage to be adjusted at the same rate in all provinces, Mr Jarupong claimed that cheap labor would no longer exist under the Pheu Thai-led administration, noting that the standard of Thai labor would also be upgraded.
The Pheu Thai Secretary General pointed out that the minimum wage hike would be imposed tentatively in January 2012 after an understanding had been created with private entrepreneurs. The government would also have to come up with assistance measures for them first, such as the reduction of corporate income tax and machinery tax as well as the provision of export markets for their products.
As for the policy to increase the base salary for civil servants and state workers to 15,000 THB a month, Mr Jarupong said it might come into effect in October this year.
BANGKOK, 6 July 2011 (NNT) – Reporter : Surapan Laotharanarit
News Date : 06 July 2011
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