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Tags Posts tagged with "Labor economics"

Labor economics

Thailand to scrap minimum wage after 3 years

Thailand's 300-baht-per-day ($9) national daily minimum wage will be scrapped next year to be replaced by the old system where wages vary by each...
Myanmar, Bangladesh, Cambodia, Djibouti have world’s lowest labour costs

A new study shows that three Asian countries, Myanmar, Bangladesh and Cambodia, and the small East African nation of Djibouti, have the world’s lowest...
Levi Strauss cuts orders from Cambodian suppliers

Fashion brand Levi Strauss & Co. has slashed orders from Cambodian factories amid the political unrest in the country, after a nationwide strike by...
Era of super-cheap labour in Asia ending

The time of "ridiculously cheap labour" in East Asia is over, the International Labour Organisation (ILO) said recently after evaluating a series of minimum...
Vietnam Worker

Several ASEAN countries have raised their minimum wages or will do so in the near future to adjust salaries to the rising costs of living...
Base Salary 2

Thailand is raising the minimum wage for workers in a move to increase spending power and offset higher living costs. On Sunday, April 1,...