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...
Minimum wages on the rise in ASEAN
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...
Thai minimum wage jumps
Thailand is raising the minimum wage for workers in a move to increase spending power and offset higher living costs. On Sunday, April 1,...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...