Tags Posts tagged with "Labor economics"

Labor economics

Thailand to scrap minimum wage after 3 years

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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

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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

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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

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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

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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

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