WorkThailand could lose jobs with minimum wage hike, business lobby says
Labor-intensive industries may move across border or hire migrants at low pay
Thai workers march along a road to mark International Labor Day 2024. The Thai government is adamant about raising the minimum wage, but businesses are lobbying against the move. © AP
APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer
BANGKOK -- A flagship policy of the Pheu Thai-led government that would raise the minimum daily wage by 14% could backfire and leave some Thais unemployed while their jobs instead go to cut-rate migrant workers, according to business sectors lobbying against the move.