House panel backs FTI's subsidy call | Bangkok Post: news

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House panel backs FTI's subsidy call

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The House committee on economic development says it is backing a Federation of Thai Industries (FTI) call for the government to pay for some of the minimum wage hike itself. 

The committee says a government subsidy is necessary to help small and medium-sized enterprises (SMEs) cope with the nationwide minimum wage hike, which took effect on Jan 1.

Chanin Rungsaeng, chairman of the House panel, said several relief measures rolled out by the government including a corporate tax reduction were ineffective.

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