LABOUR
SMEs 'need B143bn subsidy' for minimum wage rise
- Published: 27 Dec 2012 at 00.00
- Newspaper section: Business
The government needs to implement wage subsidies totalling 143 billion baht over the next three years to offset the effects of the increase in the nationwide daily minimum wage on small and medium-sized enterprises (SMEs), say researchers.
Kiatanantha Lounkaew, director of the Dhurakij Pundit University Research Center, said establishing a subsidy fund is the soundest measure, as it can be implemented on a large scale within a short time without having to go through complicated processes.
He called on the government to focus on one effective rescue mechanism instead of 27 measures as proposed.
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