http://asiafoundation.org/in-asia/2013/01/30/thailand-adopts-nationwide-minimum-wage-policy-amid-controversy/ Weekly Insight and Features from Asia Sun, 19 May 2013 15:24:00 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://asiafoundation.org/in-asia/2013/01/30/thailand-adopts-nationwide-minimum-wage-policy-amid-controversy/comment-page-1/#comment-7753 Michelle Tue, 05 Feb 2013 06:48:21 +0000 http://asiafoundation.org/in-asia/?p=15757#comment-7753 Truly, the increase in minimum wage in Thailand will directly impact the small and medium enterprise sector. The added salary cost of employees will be deducted to the gross income of the company which could affect the company's production. One good thing that the Thai government did is to shoulder percentage of the tax those small and medium players have to play in order to sustain the business and do not make any diverse effect that could pull the business down. Truly, the increase in minimum wage in Thailand will directly impact the small and medium enterprise sector. The added salary cost of employees will be deducted to the gross income of the company which could affect the company’s production. One good thing that the Thai government did is to shoulder percentage of the tax those small and medium players have to play in order to sustain the business and do not make any diverse effect that could pull the business down.

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