Firms fightto ease wage hike effects | Bangkok Post: business

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Firms fightto ease wage hike effects

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The private sector is keeping up the pressure on the state to revise proposed measures to help small and medium-sized enterprises (SMEs) cope with the rising minimum wage next year. 

Taweekit Chaturacharoenkhun, vice-chairman of the Federation of Thai Industries (FTI), said the 27 measures proposed by the Labour Ministry will provide little help for affected companies.

The 27 measures include lending money to help improve production, seeking new marketing channels, lowering corporate income tax and expanding the time frame for loan repayment.

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