Prime Minister Srettha Thavisin’s promise to boost the minimum wage to 400 baht by October 1 has set off alarms in the private sector, particularly among hoteliers.
Concerns abound as businesses foresee a hefty 15 to 20% surge in costs across goods and services, presenting a formidable hurdle for the hospitality sector.
The impending wage revision marks the third adjustment this year alone. The initial increase, rolled out on January 1, nudged the minimum…
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