TOKYO/MANILA/BANGKOK/KUALA LUMPUR -- Southeast Asia's major manufacturing hubs are raising their minimum wages in the second half of this year, potentially forcing companies to rethink their strategies as the region draws more investments and becomes a larger part of the global supply chain.
Economy
ASEAN wage hikes worry industries benefiting from supply chain shift
Vietnam implements 6% nationwide raise; Thailand plans 'unrealistic' 14% increase
A garment factory in Hanoi. The minimum wage in the capital has increased about 80% over the past decade. (Photo by Atsushi Tomiyama)
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